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REDF $0.38

REDF target price
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Rediff.com
Rediff.com.Logo.gif
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Main page as of 24 July 2009
Type of business Public company
Type of site
Web Portal
Available in English
Founded 1996; 21 years ago (1996)
Headquarters Mumbai, India
Key people Ajit Balakrishnan, Chairman and CEO
Industry Internet Services
Revenue 729 million (2016)
Net income -653 million (2016)
Employees 316 (Dec 2009)
Website rediff.com
Alexa rank Decrease 414 (October 2016)
Registration Optional
Launched February 8, 1997 (20 years ago) (1997-02-08)

Rediff.com is an Indian news, information, entertainment and shopping web portal, founded in 1996 as "Rediff On The NeT". It is headquartered in Mumbai, with offices in Bangalore, New Delhi and New York City.

According to Alexa, Rediff.com is the No. 24 Indian web portal. It has more than 300 employees. Most of the visitors to Rediff.com are from India, while the rest come primarily from the US and China. In April 2001, Rediff.com acquired and began offering India Abroad. As of February 2011, it ranked 295 on Alexa. Rediff.com was the firstwebsite domain name registered in India in 1996.; however according to the records of Network Solutions, the registrar of Rediff.com, the domain was registered in 1997.

In 2001, Rediff.com was alleged to be in violation of the Securities Act for filing materially false prospectus in relation to an IPO of its American depositary shares.

In April 2016, the Company decided to delist from NASDAQ, citing the high cost of reporting requirements, given its financial condition.

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