Rediff.com

Rediff.com India Limited
	Main page as of 24 July 2009
Type of business	Public
Type of site	Web portal
Available in	English
Founded	1996 ; 28 years ago
Headquarters	Mumbai , India
Key people	Ajit Balakrishnan (Chairman & CEO)
Industry	Internet
Revenue	? 37.2 crores (2021)
Net income	? 80 lakh (2021)
Employees	316 (Dec 2009)
URL	rediff .com
Commercial	Yes
Registration	Optional
Launched	February 8, 1997 (27 years ago)
Current status	Active

Rediff.com , stylized as rediff.com , is an Indian news, information, entertainment, and shopping website. Founded by Ajit Balakrishnan in 1996, it was the first Indian website to become a mainstream news media organization. ^[2]^[3] Rediff.com is headquartered in Mumbai with offices in Bangalore , New Delhi , and New York City . ^{[
citation needed
]}

As of 2009 ^[update], it had more than 300 employees. ^[4] At the time of its founding, internet access had only been available in India for five months with a mere 18,000 users, leaving Rediff.com as one of the earliest Indian web portals and email providers . ^[5]

History [ edit ]

The Rediff.com domain was registered in India in 1996. ^[6] Early products included the email service Rediffmail ^[7] and Rediff Shopping, an online marketplace selling electronics and peripherals. ^{[
citation needed
]}

In 2001, Rediff.com was alleged to be in violation of the Securities Act of 1933 for filing a materially false prospectus in relation to an IPO of its American depositary shares . ^[8] The case was resolved by settlement in 2009. ^[9]

In April 2001, Rediff.com acquired the India Abroad newspaper. ^[10]

In 2007, Rediff iShare, a multimedia platform, was released. ^[11] In 2010, Rediffmail NG was launched, an email service for mobile platforms. ^[12] In 2012, Rediff launched its Android App for Rediff News. ^[13]

In April 2016, the company decided to delist from NASDAQ , citing the high cost of reporting requirements, given its financial condition. ^[14]

References [ edit ]

^ "Annual Report 2020-21 Rediff" (PDF) . Rediff.com . Retrieved 2 March 2023 .
^ "Rediff.Com reports Q1 results: India revenue up 42%" . The Financial Express . 2 July 2008 . Retrieved 16 July 2010 .
^ Chopra, Rohit (15 December 2019). "How Rediff On The NeT first created a template for the Hindu Right online in the 1990s" . ThePrint . Retrieved 2 March 2023 .
^ "Investor FAQs" . Rediff.com . Archived from the original on 23 July 2010 . Retrieved 16 July 2010 .
^ "For Rediff boss, early success meant ignoring sceptics, self-learning tools" . Hindustan Times . 13 August 2020 . Retrieved 23 July 2021 .
^ "India completes 20 years of commercial internet" . India Digital Review . Retrieved 15 March 2014 .
^ Anubhuti (2 October 2010). "Rediff records 15 percent growth in registered user base" . Media Newsline . Retrieved 12 December 2010 .
^ "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" . GlobeNewswire (Press release). 25 May 2001 . Retrieved 17 July 2013 .
^ "Case Summary Rediff.com India Ltd. Securities Litigation" . Stanford Law School . Retrieved 8 November 2018 .
^ "Pioneering publisher Gopal Raju passes away" . India Abroad . 1 April 2008 . Retrieved 4 May 2008 .
^ Mehra, Priyanka (1 July 2007). "Now share videos, music on Rediff's iShare" . Mint . Retrieved 17 November 2014 .
^ "Mobile email service from Rediff.com" . The Hindu . 2 October 2010. Archived from the original on 28 October 2010 . Retrieved 25 June 2019 .
^ "Rediff News app for Android OS launched" . Tech2 . 18 September 2012 . Retrieved 2 March 2023 .
^ Chathurvedula, Sadhana (28 April 2016). "Rediff.com delists its shares on Nasdaq" . mint . Retrieved 2 March 2023 .

External links [ edit ]

Official website

[1] "Annual Report 2020-21 Rediff" (PDF) . Rediff.com . Retrieved 2 March 2023 .

[2] "Rediff.Com reports Q1 results: India revenue up 42%" . The Financial Express . 2 July 2008 . Retrieved 16 July 2010 .

[3] Chopra, Rohit (15 December 2019). "How Rediff On The NeT first created a template for the Hindu Right online in the 1990s" . ThePrint . Retrieved 2 March 2023 .

[4] "Investor FAQs" . Rediff.com . Archived from the original on 23 July 2010 . Retrieved 16 July 2010 .

[5] "For Rediff boss, early success meant ignoring sceptics, self-learning tools" . Hindustan Times . 13 August 2020 . Retrieved 23 July 2021 .

[IDR-6] "India completes 20 years of commercial internet" . India Digital Review . Retrieved 15 March 2014 .

[7] Anubhuti (2 October 2010). "Rediff records 15 percent growth in registered user base" . Media Newsline . Retrieved 12 December 2010 .

[8] "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" . GlobeNewswire (Press release). 25 May 2001 . Retrieved 17 July 2013 .

[9] "Case Summary Rediff.com India Ltd. Securities Litigation" . Stanford Law School . Retrieved 8 November 2018 .

[ia-10] "Pioneering publisher Gopal Raju passes away" . India Abroad . 1 April 2008 . Retrieved 4 May 2008 .

[11] Mehra, Priyanka (1 July 2007). "Now share videos, music on Rediff's iShare" . Mint . Retrieved 17 November 2014 .

[12] "Mobile email service from Rediff.com" . The Hindu . 2 October 2010. Archived from the original on 28 October 2010 . Retrieved 25 June 2019 .

[13] "Rediff News app for Android OS launched" . Tech2 . 18 September 2012 . Retrieved 2 March 2023 .

[14] Chathurvedula, Sadhana (28 April 2016). "Rediff.com delists its shares on Nasdaq" . mint . Retrieved 2 March 2023 .

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