Flying Bee: Created page with "{{short description|Indian news and entertainment website}} {{Infobox website | name = Rediff.com | logo = Rediff-logo.png | screenshot = Rediff...."

2021-08-08T10:52:29Z

Created page with "{{short description|Indian news and entertainment website}} {{Infobox website | name = Rediff.com | logo = Rediff-logo.png | screenshot = Rediff...."

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{{short description|Indian news and entertainment website}}
{{Infobox website
| name = Rediff.com
| logo = Rediff-logo.png
| screenshot = Rediff.png
| caption = Main page as of 24 July 2009
| company_type = Public company
| website_type = [[Web portal]]
| language = English
| foundation = {{start date and age|1996}}
| location = [[Mumbai]], India
| key_people = [[Ajit Balakrishnan]], Chairman and CEO
| industry = [[Internet]]
| revenue = {{INR}}481 million (2019)<ref>{{cite web | url=http://investor.rediff.com/investor/sites/default/files/2019-09/Annual_Report_18-19_Rediff_0.pdf | title=Annual Report 18-19 Rediff | publisher=Rediff.com| access-date=16 October 2019 }}</ref>
| operating_income =
| net_income = {{INR}}26 million (2019)
| num_employees = 316 (Dec 2009)
| url = {{url|www.rediff.com}}
| registration = Optional
| launch_date = {{launch date and age|1997|2|8|p=y}}
}}
'''Rediff.com''' is an Indian news, information, entertainment and [[shopping]] web portal. It was founded in 1996.<ref>{{cite news| url=http://www.financialexpress.com/news/rediff.com-reports-q1-results-india-revenue-up-42/339965/ |title=Rediff.Com reports Q1 results: India revenue up 42% |work=[[The Financial Express (India)|The Financial Express]] |date=2 July 2008|access-date=16 July 2010}}</ref><ref>{{cite web|url=http://rediffonthenet.com/about/index.html|title=About Rediff.com|website=RediffOnTheNet.com|access-date=25 June 2019|archive-url=https://web.archive.org/web/20000118122756/http://rediffonthenet.com/about/index.html|archive-date=18 January 2000}}</ref> It is headquartered in [[Mumbai]], with offices in [[Bangalore]], New Delhi and New York City.<ref>{{cite press release|url=http://www.businesswireindia.com/PressRelease.asp?b2mid=20976 |title=Rediff Launches All New Blogs Platform in 9 Languages |publisher=Rediff.com India Ltd|via=''Business Wire India''|date=1 December 2009|access-date=25 June 2019|archive-url=https://web.archive.org/web/20100113142032/http://www.businesswireindia.com/PressRelease.asp?b2mid=20976|archive-date=13 January 2010}}</ref>

As of 2009 it had more than 300 employees.<ref>{{cite web |url=http://investor.rediff.com/faq.asp |title=Investor FAQs |publisher=Rediff.com |access-date=16 July 2010 |archive-url=https://web.archive.org/web/20100723125017/http://investor.rediff.com/faq.asp |archive-date=23 July 2010 |url-status=dead }}</ref> It is one of the earliest web portals and email providers in India. When its founder [[Ajit Balakrishnan]] launched Rediff on the NeT, the internet was barely five months old in the country, and had a total of about 18,000 users.<ref>{{Cite web|date=2020-08-13|title=For Rediff boss, early success meant ignoring sceptics, self-learning tools|url=https://www.hindustantimes.com/india-news/for-rediff-boss-early-success-meant-ignoring-sceptics-self-learning-tools/story-GKXgHtRAtKiaX1PedQUTxL.html|access-date=2021-07-23|website=Hindustan Times|language=en}}</ref>

== History ==
The Rediff.com domain was registered in India in 1996.<ref name=IDR>{{cite web|title=India completes 20 years of commercial internet|url=http://www.indiadigitalreview.com/news/india-completes-15-years-of-commercial-internet|website=India Digital Review|access-date=15 March 2014}}</ref> Early products included the email service Rediffmail<ref>{{cite web|author=Anubhuti|url= http://www.medianewsline.com/news/122/ARTICLE/6876/2010-10-28.html |title=Rediff records 15 percent growth in registered user base |website=Media Newsline |date=2 October 2010|access-date=12 December 2010}}</ref> and Rediff Shopping, an online marketplace selling electronics and peripherals.

In 2001, Rediff.com was alleged to be in violation of the [[Securities Act of 1933]] for filing a materially false [[Prospectus (finance)|prospectus]] in relation to an [[IPO]] of its [[American depositary share]]s.<ref>{{cite web|url=http://globenewswire.com/news-release/2001/05/25/281272/17393/en/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.html|title=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|website=GlobeNewswire|date=25 May 2001|access-date=17 July 2013}}</ref> The case was resolved by settlement in 2009.<ref>{{cite web|url=http://securities.stanford.edu/filings-case.html?id=101787|title=Case Summary Rediff.com India Ltd. Securities Litigation|publisher=Stanford Law School|access-date=8 November 2018}}</ref>

In April 2001, Rediff.com acquired the ''[[India Abroad]]'' newspaper.<ref name="ia">{{cite news|url=http://www.rediff.com/news/2008/apr/10mrraju.htm|title=Pioneering publisher Gopal Raju passes away|date=1 April 2008|work=[[India Abroad]]|access-date=4 May 2008}}</ref>

In 2007, Rediff iShare, a multimedia platform, was released.<ref>{{cite news|url=http://www.livemint.com/Industry/LmTno8d9USWKV5ddqJW2sM/Now-share-videos-music-on-Rediffs-iShare.html|title= Now share videos, music on Rediff’s iShare |last=Mehra|first=Priyanka |work=[[Mint (newspaper)|Mint]]|date=1 July 2007|access-date=17 November 2014}}</ref> In 2010, Rediffmail NG was launched, an email service for mobile platforms.<ref>{{cite web|url=http://www.hindu.com/2010/10/21/stories/2010102151751800.htm |title=Mobile email service from Rediff.com |date=2 October 2010|access-date=25 June 2019|url-status=dead |archive-url=https://web.archive.org/web/20101028223147/http://www.hindu.com/2010/10/21/stories/2010102151751800.htm|work=[[The Hindu]] |archive-date=28 October 2010}}</ref> In 2012, Rediff launched its Android App for Rediff News.<ref>{{cite web|url=https://play.google.com/store/apps/details?id=com.rediff.android.news |title= Rediff News Android App |publisher=Rediff.com |via=Google Play|access-date=14 September 2012}}</ref>{{Better source|date=May 2019|reason=The provided link goes to the Rediff app page on Google, but does not confirm the date on which the service was launched.}}

In April 2016, the company decided to delist from [[NASDAQ]], citing the high cost of reporting requirements, given its financial condition.<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/rediffcom-informs-nasdaq-of-intent-to-withdraw-american-depository-shares-from-listing-and-registration-300258335.html|title=Rediff.com Informs Nasdaq Of Intent To Withdraw American Depository Shares From Listing And Registration|publisher=Rediff India Limited|date=27 April 2016|agency=PR Newswire|access-date=7 May 2019}}</ref>

== References ==
{{reflist}}

== External links ==
* {{Official website|www.rediff.com}}

{{Use dmy dates|date=August 2020}}

[[Category:Companies based in Mumbai]]
[[Category:Companies formerly listed on the Nasdaq]]
[[Category:Indian companies established in 1996]]
[[Category:Online companies of India]]
[[Category:Internet properties established in 1996]]
[[Category:Mass media companies of India]]
[[Category:Software companies based in Mumbai]]
[[Category:Web portals]]
[[Category:Webmail]]
[[Category:1996 establishments in Maharashtra]]

Rediff - Revision history

Flying Bee: Created page with "{{short description|Indian news and entertainment website}} {{Infobox website | name = Rediff.com | logo = Rediff-logo.png | screenshot = Rediff...."