Type of business | Public |
---|---|
Type of site | Web portal |
Available in | English |
Founded | 1996 |
Headquarters | Mumbai, India |
Key people | Ajit Balakrishnan (Chairman & CEO) |
Industry | Internet |
Revenue | ₹37.2 crores (2021) [1] |
Net income | ₹80 lakh (2021) |
Employees | 316 (Dec 2009) |
URL |
rediff |
Commercial | Yes |
Registration | Optional |
Launched | February 8, 1997 |
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]
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]
Type of business | Public |
---|---|
Type of site | Web portal |
Available in | English |
Founded | 1996 |
Headquarters | Mumbai, India |
Key people | Ajit Balakrishnan (Chairman & CEO) |
Industry | Internet |
Revenue | ₹37.2 crores (2021) [1] |
Net income | ₹80 lakh (2021) |
Employees | 316 (Dec 2009) |
URL |
rediff |
Commercial | Yes |
Registration | Optional |
Launched | February 8, 1997 |
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]
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]