Rediff.com
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Main page as of 24 July 2009 | |
| Type of business | Public company |
|---|---|
Type of site | Web Portal |
| Available in | English |
| Founded | 1996 |
| Headquarters | Mumbai, India |
| Key people | Ajit Balakrishnan, Chairman and CEO |
| Industry | Internet Services |
| Revenue | ₹7290 million (2016)[1] |
| Net income | -₹653 million (2016) |
| Employees | 316 (Dec 2009) |
| Website | rediff.com |
| Alexa rank | |
| Registration | Optional |
| Launched | February 8, 1997 |
Rediff.com is an Indian news, information, entertainment and shopping web portal, founded in 1996[3] as "Rediff On The NeT".[4] It is headquartered in Mumbai, with offices in Bangalore, New Delhi and New York City.[5]
According to Alexa, Rediff.com is the No. 30 Indian web portal as of 2018.[6] It has more than 300 employees.[7] Most of the visitors to Rediff.com are from India, while the rest come primarily from the US and China.[8] In April 2001, Rediff.com acquired and began offering India Abroad.[9]
In 2001, Rediff.com was alleged to be in violation of the Securities Act for filing materially false prospectus in relation to an IPO of its American depositary shares.[10] The case was resolved by settlement in 2009.[11]
In April 2016, the Company decided[12] to delist from NASDAQ, citing the high cost of reporting requirements, given its financial condition.
History[edit]
The rediff.com domain was registered in India in 1996.[13] Early products included the email service Rediffmail[14] and Rediff Shopping, an online marketplace selling electronics and peripherals. In 2007, Rediff iShare, a multimedia platform, was released.[15] In 2010, Rediffmail NG was launched, an email service for mobile platforms.[16] In 2012, Rediff launched its Android App for Rediff News.[17]
References[edit]
- ^ "Annual Report 31st March 2016" (PDF). Rediff.com. Rediff.com India Limited. Retrieved 4 March 2017.
- ^ "Rediff.com Site Info". Alexa Internet. Retrieved 2016-10-12.
- ^ "Rediff.Com reports Q1 results: India revenue up 42%". Financialexpress.com. 2008-07-24. Retrieved 2010-07-16.
- ^ "Internet Archive Wayback Machine rediffonthenet.com". Archived from the original on 9 August 2000. Retrieved 15 October 2016.
- ^ "Rediff.com India Ltd, Business Wire India, Press Releases, Hindi, Tamil, Telugu, Marathi, Bengali, Kannada, Gujarati, Malayal". Businesswireindia.com. 2009-12-14. Retrieved 2010-07-16.
- ^ "Top Sites in India". Alexa. Retrieved 2016-04-30.
- ^ "REDF : Rediff.com India Limited FAQs". Investor.rediff.com. Retrieved 2010-07-16.
- ^ At least 66 per cent of the visitors come from India
- ^ "Pioneering publisher Gopal Raju passes away". India Abroad. 2008-04-10. Retrieved 2008-05-04.
- ^ "Cauley Geller Bowman & Coates, LLP Announces Class Action Lawsuit Against Rediff.com India Ltd. Seeking Damages on Behalf of Purchasers of Rediff American Depository Shares – REDF". 25 May 2001. Retrieved 17 July 2013.
- ^ "Case Summary Rediff.com India Ltd. Securities Litigation". Stanford Law School. Retrieved 8 November 2018.
- ^ "Announcement to delist". 27 April 2016. Retrieved 4 March 2017.
- ^ "India completes 20 years of commercial internet". Indian Digitel Review. Retrieved 15 March 2014.
- ^ "Rediff records 15 percent growth in registered user base". Medianewsline.com. Retrieved 2010-12-12.
- ^ "Now share videos, music on Rediff's iShare". Livemint.com. 2007-07-10. Retrieved 2014-11-17.
- ^ "Mobile email service from Rediff.com". The Hindu. 2010-10-21. Retrieved 2010-11-12.
- ^ "Rediff News Android App". Rediff.com. Retrieved 2012-09-14.
External links[edit]
