Kannadaguy (talk | contribs) m 1 revision imported |
EJDTimmy2065 (talk | contribs) m basic enhance section per sources further and updated info per standard format |
||
| (2 intermediate revisions by 2 users not shown) | |||
| Line 1: | Line 1: | ||
{{short description|Indian news and entertainment website}} | {{short description|Indian news and entertainment website}} | ||
{{distinguish|Rediffusion|Reddit}} | |||
{{Infobox website | {{Infobox website | ||
| name | | name = Rediff | ||
| logo | | logo = Rediff.com logo.svg | ||
| screenshot | | screenshot = | ||
| caption | | caption = | ||
| company_type | | company_type = [[Publicly held company|Public]] | ||
| website_type | | website_type = [[Web portal]] | ||
| language | | language = English | ||
| foundation | | foundation = {{start date and age|1996|01|df=yes}} | ||
| location | | company_name = | ||
| key_people | | location = [[Mumbai]], India | ||
| industry | | key_people = Vishal Mehta (Chairman & MD)<ref name="BT">{{cite web |title=Infibeam founder Vishal Mehta becomes Rediff's new Chairman and Managing Director |url=https://www.businesstoday.in/technology/internet/story/infibeam-founder-vishal-mehta-becomes-rediffs-new-chairman-and-managing-director-448785-2024-10-04 |website=Business Today |language=en |date=4 October 2024}}</ref> | ||
| revenue | | industry = [[Internet]] | ||
| revenue = {{INR}}36 crores (FY23-24)<ref>{{cite web |title=Rediff.com Appoints Vishal Mehta as Chairman and MD Following Infibeam Acquisition |url=https://www.entrepreneur.com/en-in/news-and-trends/rediffcom-appoints-vishal-mehta-as-chairman-and-md/480705 |website=Entrepreneur |language=en |date=3 October 2024}}</ref> | |||
| owner = [[Infibeam|Infibeam Avenues Limited]] (since October 2024)<ref>{{cite web |last1=Singh |first1=Navdeep |title=Infibeam Avenues acquires majority stake in Rediff.com, shares jump over 8% |url=https://economictimes.indiatimes.com/markets/stocks/news/infibeam-avenues-acquires-majority-stake-in-rediff-com-shares-jump-over-8/articleshow/112221154.cms |website=The Economic Times |date=2 August 2024}}</ref> | |||
| operating_income = | | operating_income = | ||
| net_income | | net_income = {{INR}}80 lakh (2021) | ||
| num_employees | | num_employees = 316 (Dec 2009) | ||
| url | | url = {{URL|https://rediff.com}} | ||
| registration | | commercial = Yes | ||
| launch_date | | registration = Optional | ||
| launch_date = {{start date and age|1997|02|08|p=yes}} | |||
| current_status = Active | |||
}} | }} | ||
As of 2009 it had more than 300 employees.<ref>{{cite web |url=http://investor.rediff.com/faq.asp |title=Investor FAQs | | '''Rediff.com''', stylized as '''rediff.com''', is an Indian news, information, entertainment, email service and [[shopping]] website. Founded by [[Ajit Balakrishnan]] in 1996, it was the first Indian website to become a mainstream news media organization.<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 |archive-date=12 October 2014 |archive-url=https://web.archive.org/web/20141012112940/http://www.financialexpress.com/news/rediff.com-reports-q1-results-india-revenue-up-42/339965 |url-status=live }}</ref><ref>{{Cite web |last=Chopra |first=Rohit |date=2019-12-15 |title=How Rediff On The NeT first created a template for the Hindu Right online in the 1990s |url=https://theprint.in/pageturner/excerpt/rediff-on-the-net-first-created-template-for-hindu-right-online-in-1990s/335455/ |access-date=2023-03-02 |website=ThePrint |language=en-US}}</ref> It is headquartered in [[Mumbai]] with offices in [[Bengaluru]], [[New Delhi]], and [[New York City]].<ref>{{Cite web |last=www.ETHRWorld.com |title=Rediff.com appoints Vishal Mehta as Chairman and Managing Director - ETHRWorld |url=https://hr.economictimes.indiatimes.com/news/industry/rediff-com-appoints-vishal-mehta-as-chairman-and-managing-director/113857450 |access-date=2024-12-03 |website=ETHRWorld.com |language=en |archive-date=7 December 2024 |archive-url=https://web.archive.org/web/20241207030857/https://hr.economictimes.indiatimes.com/news/industry/rediff-com-appoints-vishal-mehta-as-chairman-and-managing-director/113857450 |url-status=live }}</ref> | ||
{{As of|2009}}, it had more than 300 employees.<ref>{{cite web |url=http://investor.rediff.com/faq.asp |title=Investor FAQs |work=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> 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 portal|web portals]] and [[Mailbox provider|email providers]].<ref>{{Cite web |date=13 August 2020 |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=23 July 2021 |website=Hindustan Times |language=en |archive-date=23 July 2021 |archive-url=https://web.archive.org/web/20210723082105/https://www.hindustantimes.com/india-news/for-rediff-boss-early-success-meant-ignoring-sceptics-self-learning-tools/story-GKXgHtRAtKiaX1PedQUTxL.html |url-status=live }}</ref> | |||
== History == | == 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 | 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 |archive-date=17 April 2015 |archive-url=https://web.archive.org/web/20150417193547/http://www.indiadigitalreview.com/news/india-completes-15-years-of-commercial-internet |url-status=live }}</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 |archive-date=12 January 2011 |archive-url=https://web.archive.org/web/20110112071640/http://www.medianewsline.com/news/122/ARTICLE/6876/2010-10-28.html |url-status=live }}</ref> and Rediff Shopping, an online marketplace selling electronics and peripherals.<ref>https://www.business-standard.com/content/press-releases-ani/tata-cliq-partners-with-rediff-com-to-attract-new-shoppers-124010800722_1.html</ref> | ||
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 | 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 press release |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 |archive-date=24 June 2018 |archive-url=https://web.archive.org/web/20180624040030/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 |url-status=live }}</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 |archive-date=16 January 2021 |archive-url=https://web.archive.org/web/20210116094645/http://securities.stanford.edu/filings-case.html?id=101787 |url-status=live }}</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 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 |archive-date=3 March 2016 |archive-url=https://web.archive.org/web/20160303211940/http://www.rediff.com/news/2008/apr/10mrraju.htm |url-status=live }}</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 | 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 |archive-date=8 November 2018 |archive-url=https://web.archive.org/web/20181108184555/https://www.livemint.com/Industry/LmTno8d9USWKV5ddqJW2sM/Now-share-videos-music-on-Rediffs-iShare.html |url-status=live }}</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 |date=2012-09-18 |title=Rediff News app for Android OS launched |url=https://www.firstpost.com/tech/news-analysis/rediff-news-app-for-android-os-launched-3608531.html |access-date=2023-03-02 |website=Tech2 |language=en |archive-date=17 November 2020 |archive-url=https://web.archive.org/web/20201117025622/https://www.firstpost.com/tech/news-analysis/rediff-news-app-for-android-os-launched-3608531.html |url-status=live }}</ref> | ||
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. | In April 2016, the company decided to delist from [[NASDAQ]], citing the high cost of reporting requirements, given its financial condition.<ref>{{Cite web |last=Chathurvedula |first=Sadhana |date=2016-04-28 |title=Rediff.com delists its shares on Nasdaq |url=https://www.livemint.com/Companies/33CajWXzptGO7L7ZuB3Y2M/Rediffcom-delists-its-shares-on-Nasdaq.html |access-date=2023-03-02 |website=mint |language=en |archive-date=2 March 2023 |archive-url=https://web.archive.org/web/20230302132601/https://www.livemint.com/Companies/33CajWXzptGO7L7ZuB3Y2M/Rediffcom-delists-its-shares-on-Nasdaq.html |url-status=live }}</ref> | ||
==Infibeam Avenues Limited's era== | |||
In 2024, Rediff.com became a subsidiary of [[Infibeam|Infibeam Avenues]], which acquired a 54.1 per cent stake in Rediff.com India Ltd.<ref>{{cite web |title=Infibeam Avenues acquires 54.1% stake in Rediff.com for ₹50 crore |url=https://www.thehindubusinessline.com/info-tech/infibeam-avenues-acquires-541-stake-in-rediffcom-for-25-crore/article68477073.ece |website=BusinessLine |language=en |date=2 August 2024 |access-date=8 October 2024 |archive-date=8 October 2024 |archive-url=https://web.archive.org/web/20241008110306/https://www.thehindubusinessline.com/info-tech/infibeam-avenues-acquires-541-stake-in-rediffcom-for-25-crore/article68477073.ece |url-status=live }}</ref> Infibeam founder Vishal Mehta became Rediff's new Chairman and Managing Director, succeeding [[Ajit Balakrishnan]], who had led the company since its founding in 1996.<ref name="BT"/> | |||
== See also == | |||
{{Portalbar|India|Internet | |||
}} | |||
* [[Comparison of web search engines]] | |||
* [[List of search engines]] | |||
* [[Timeline of web search engines]] | |||
* [[Noviforum]] | |||
== References == | == References == | ||
| Line 44: | Line 59: | ||
* {{Official website|www.rediff.com}} | * {{Official website|www.rediff.com}} | ||
{{Use dmy dates|date=August | {{Use dmy dates|date=August 2022}} | ||
[[Category:Companies based in Mumbai]] | [[Category:Companies based in Mumbai]] | ||
[[Category:Companies formerly listed on | [[Category:Companies formerly listed on the Nasdaq]] | ||
[[Category:Indian companies established in 1996]] | [[Category:Indian companies established in 1996]] | ||
[[Category:Online companies of India]] | [[Category:Online companies of India]] | ||
| Line 55: | Line 70: | ||
[[Category:Web portals]] | [[Category:Web portals]] | ||
[[Category:Webmail]] | [[Category:Webmail]] | ||
[[Category:1996 establishments in Maharashtra]] | |||
Latest revision as of 13:28, 24 February 2026
| File:Rediff.com logo.svg | |
| Type of business | Public |
|---|---|
Type of site | Web portal |
| Available in | English |
| Founded | January 1996 |
| Headquarters | Mumbai, India |
| Owner | Infibeam Avenues Limited (since October 2024)[1] |
| Key people | Vishal Mehta (Chairman & MD)[2] |
| Industry | Internet |
| Revenue | ₹36 crores (FY23-24)[3] |
| Net income | ₹80 lakh (2021) |
| Employees | 316 (Dec 2009) |
| Website | rediff |
| Commercial | Yes |
| Registration | Optional |
| Launched | February 8, 1997 |
| Current status | Active |
Rediff.com, stylized as rediff.com, is an Indian news, information, entertainment, email service and shopping website. Founded by Ajit Balakrishnan in 1996, it was the first Indian website to become a mainstream news media organization.[4][5] It is headquartered in Mumbai with offices in Bengaluru, New Delhi, and New York City.[6]
As of 2009[update], it had more than 300 employees.[7] 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.[8]
History[edit | edit source]
The Rediff.com domain was registered in India in 1996.[9] Early products included the email service Rediffmail[10] and Rediff Shopping, an online marketplace selling electronics and peripherals.[11]
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.[12] The case was resolved by settlement in 2009.[13]
In April 2001, Rediff.com acquired the India Abroad newspaper.[14]
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]
In April 2016, the company decided to delist from NASDAQ, citing the high cost of reporting requirements, given its financial condition.[18]
Infibeam Avenues Limited's era[edit | edit source]
In 2024, Rediff.com became a subsidiary of Infibeam Avenues, which acquired a 54.1 per cent stake in Rediff.com India Ltd.[19] Infibeam founder Vishal Mehta became Rediff's new Chairman and Managing Director, succeeding Ajit Balakrishnan, who had led the company since its founding in 1996.[2]
See also[edit | edit source]
References[edit | edit source]
- ↑ Singh, Navdeep (2 August 2024). "Infibeam Avenues acquires majority stake in Rediff.com, shares jump over 8%". The Economic Times.
- ↑ 2.0 2.1 "Infibeam founder Vishal Mehta becomes Rediff's new Chairman and Managing Director". Business Today. 4 October 2024.
- ↑ "Rediff.com Appoints Vishal Mehta as Chairman and MD Following Infibeam Acquisition". Entrepreneur. 3 October 2024.
- ↑ "Rediff.Com reports Q1 results: India revenue up 42%". The Financial Express. 2 July 2008. Archived from the original on 12 October 2014. 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.
- ↑ www.ETHRWorld.com. "Rediff.com appoints Vishal Mehta as Chairman and Managing Director - ETHRWorld". ETHRWorld.com. Archived from the original on 7 December 2024. Retrieved 3 December 2024.
- ↑ "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. Archived from the original on 23 July 2021. Retrieved 23 July 2021.
- ↑ "India completes 20 years of commercial internet". India Digital Review. Archived from the original on 17 April 2015. Retrieved 15 March 2014.
- ↑ Anubhuti (2 October 2010). "Rediff records 15 percent growth in registered user base". Media Newsline. Archived from the original on 12 January 2011. Retrieved 12 December 2010.
- ↑ https://www.business-standard.com/content/press-releases-ani/tata-cliq-partners-with-rediff-com-to-attract-new-shoppers-124010800722_1.html
- ↑ "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. Archived from the original on 24 June 2018. Retrieved 17 July 2013.
- ↑ "Case Summary Rediff.com India Ltd. Securities Litigation". Stanford Law School. Archived from the original on 16 January 2021. Retrieved 8 November 2018.
- ↑ "Pioneering publisher Gopal Raju passes away". India Abroad. 1 April 2008. Archived from the original on 3 March 2016. Retrieved 4 May 2008.
- ↑ Mehra, Priyanka (1 July 2007). "Now share videos, music on Rediff's iShare". Mint. Archived from the original on 8 November 2018. 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. Archived from the original on 17 November 2020. Retrieved 2 March 2023.
- ↑ Chathurvedula, Sadhana (28 April 2016). "Rediff.com delists its shares on Nasdaq". mint. Archived from the original on 2 March 2023. Retrieved 2 March 2023.
- ↑ "Infibeam Avenues acquires 54.1% stake in Rediff.com for ₹50 crore". BusinessLine. 2 August 2024. Archived from the original on 8 October 2024. Retrieved 8 October 2024.