Rediff.com: Difference between revisions

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{{short description|Indian news and entertainment website}}
{{distinguish|Rediffusion|Reddit}}
{{Infobox website
| name = Rediff.com
| logo = Rediff-logo.png
| screenshot = Rediff.png
| caption = Main page as of 24 July 2009
| company_type = [[Publicly held = company|Public company]]
| website_type = [[Web portal]]
| language = English
| foundation = {{start date and age|1996|01|df=yes}}
| location company_name = [[Mumbai]],Rediff.com India Limited
| location = [[Mumbai]], India
| key_people = [[Ajit Balakrishnan]]<br />{{small|(Chairman & CEO)}}
| industry = [[Internet]]
| revenue = {{INR}}48137.2&nbsp;millioncrores (20192021)<ref>{{cite web |url=http://investor.rediff.com/investor/sites/default/files/20192021-09/Annual_Report_18-19_Rediff_026th_Annual_Report.pdf |title=Annual Report 182020-1921 Rediff |work=Rediff.com |access-date=162 OctoberMarch 20192023}}</ref>
| operating_income =
| net_income = {{INR}}2680&nbsp;millionlakh (20192021)
| num_employees = 316 (Dec 2009)
| url = {{URL|www.https://rediff.com}}
| commercial = Yes
| registration = Optional
| launch_date = {{launchstart date and age|1997|202|808|p=yyes}}
| current_status = Active
}}
'''Rediff.com''' (stylized as ''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> It is headquartered in [[Mumbai]], with offices in [[Bangalore]], New Delhi and New York City.
 
'''Rediff.com''', (stylized as '''rediff.com'')', is an Indian news, information, entertainment, and [[shopping]] web portalwebsite. ItFounded wasby founded[[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}}</ref><ref>{{Cite Itweb |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> Rediff.com is headquartered in [[Mumbai]], with offices in [[Bangalore]], [[New Delhi]], and [[New York City]].{{Citation needed|date=January 2024}}
{{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> 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=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}}</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> ItAt isthe onetime of theits earliestfounding, webinternet portalsaccess andhad emailonly providersbeen available in India. Whenfor itsfive foundermonths [[Ajitwith Balakrishnan]]a launchedmere Rediff18,000 on the NeTusers, theleaving internetRediff.com wasas barelyone five months old inof the country,earliest andIndian had[[Web aportal|web totalportals]] ofand about[[Mailbox 18,000provider|email usersproviders]].<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}}</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.{{Citation needed|date=January 2024}}
 
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 webpress 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}}</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 |date=2012-09-18 |title=Rediff News app for Android OS launched- Technology News, Firstpost |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}}</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 |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}}</ref>
 
== See also ==
{{Portal|Internet
}}
 
* [[Comparison of web search engines]]
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>
* [[List of search engines]]
* [[Timeline of web search engines]]
* [[Noviforum]]
 
== References ==