Rediff

Rediff Invests in SMS Community Service Vakow - 1 Comment
Posted By Rafat Ali - Wed 25 Jun 2008 07:29 AM PST

Rediff (NSDQ: REDF) is investing an undisclosed amount in Mumbai-based Twitter-clone site Vakow....the service allows for users to receive SMS from friends and send updates to friends via SMS, like…

Rediff Launches Product Search - 0 Comments
Posted By Cerius Shah - Fri 06 Jun 2008 05:17 AM PST

Rediff (NSDQ: REDF) has spruced up its Product search, adding two high level categories - Electronics (16 sub categories) and Automobiles (two/four wheelers) and everything under them. All comparisons and…

BCCI Gets Restraining Order Against Online Fantasy Cricket League, Rediff; Why Rediff? - 7 Comments
Posted By Nikhil Pahwa - Wed 28 May 2008 05:32 AM PST

The Board of Control for Cricket in India (BCCI) has got an interim injunction from the Madras High Court, restraining Sandeep Goel (of the Indian Fantasy League) and Rediff.com from…

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Industry Moves: Infomedia-CEO; MakeMyTrip-CMO; Microsoft-Director, Marketing - 0 Comments
Posted By Nikhil Pahwa - Tue 27 May 2008 02:38 AM PST

-- Lakshmi Narasimhan, Head of Business Development for Network18, has been appointed CEO of Infomedia India. Readers will remember that Network18 acquired Infomedia last fiscal. Narasimhan will expand the portfolio…

Earnings: Rediff FY08 Revenues At $32.25 Million, Profit At $5.03 Million; 26 Pc Increase In OPEX - 5 Comments
Posted By Nikhil Pahwa - Fri 23 May 2008 04:00 AM PST

Rediff (NSDQ: REDF) has announced earnings of $32.25 million for the fiscal year ending March 31st 2008 (FY08), up 13 percent from the previous fiscal. However, while the companys registered…

@NDTV NMC: TV On TCP/IP; Leapfrog To 4G; Nearly Good Enough Quality On Video; Companies In Flux - 0 Comments
Posted By Nikhil Pahwa - Fri 09 May 2008 05:19 AM PST

A thought-provoking comment from Ajit Balakrishnan, Chairman and CEO of Rediff at the NDTV New Media Congress, yesterday - “underpinning the whole convergence argument is that the TCP/IP protocol needs…

Ajit Balakrishnan: Most VC Funding US Skewed; Expect Slowdown In 18 Months - 5 Comments
Posted By Rafat Ali - Sun 10 Feb 2008 04:51 PM PST

[by Cerius Shah] While the consecutive sessions at Esummit 08 at IIT Powai were insightful, few, as expected, had a media focus. The emerging entrepreneurial eco-system in India was moderated…

Earnings: Rediff Q3 Revenue At $8.53 Million; Pricing Pressures; No Buyback - 4 Comments
Posted By Nikhil Pahwa - Mon 28 Jan 2008 08:03 AM PST

Rediff (NSDQ: REDF) CEO and MD Ajit Balakrishnan said during the earnings conference call that there’s pricing pressure in the performance based advertising segment which constitutes a third of Rediff’s…

Mandatory For Rediff And Sify To List In Indian Markets; Cleartrip Eyes IPO - 2 Comments
Posted By Nikhil Pahwa - Mon 28 Jan 2008 02:40 AM PST

Rediff (NSDQ: REDF) and Sify are mandated to list in the Indian stock exchanges, reports Reuters; this is primarily because of a government rule that requires that they list locally…

Rediff Adds Pixelkraft’s Online Sitcom To Ishare - 0 Comments
Posted By Nikhil Pahwa - Tue 15 Jan 2008 09:56 PM PST

More proprietary content making its way to Rediff’s (NSDQ: REDF) video content portal iShare; this time, by means of a tie-up with PixelKraft, which publishes an sitcom Ram and Ria.…

Ajit Balakrishnan Claims One Million Viewers A Day For iShare; Only One Advertiser - 0 Comments
Posted By Nikhil Pahwa - Sun 11 Nov 2007 10:21 PM PST

Rediff (NSDQ: REDF) Chairman and CEO Ajit Balakrishnan claims, in an interview with Mint, that iShare has over one million viewers a day, and a user base of almost six…

Rediff CEO: Absolutely No Offers Received From Anybody In The Last Year; Mobile Business Blues - 3 Comments
Posted By Rafat Ali - Mon 05 Nov 2007 06:06 AM PST

That is pretty sad if true. We reported on Rediff (NSDQ: REDF) Q3 earnings last week, and in the accompanying conference call, CEO Ajit Balakrishnan denied any takeover interest from…

Earnings: Rediff Q2 Revenue Rises 18 Percent; Profits Drop 40 Percent on Higher Costs - 5 Comments
Posted By Joseph Weisenthal - Thu 01 Nov 2007 08:17 AM PST

Rediff.com has announced a Q2 revenue increase of 18 percent to $7.8 million from $6.6 million in the year-ago period. Net income went the other way, dropping 40 percent to…

Once Again, Rediff.com Said To Be Takeover Bait - 1 Comment
Posted By Joseph Weisenthal - Mon 08 Oct 2007 05:06 PM PST

Old rumors about Rediff (NSDQ: REDF) possibly getting bought are back, sending the company’s shares up during trading, before giving up some gains. It’s not clear what, if anything, prompted…

Rediff.com Facing Lawsuit Filed By T-Series In Delhi High Court - 6 Comments
Posted By Nikhil Pahwa - Fri 28 Sep 2007 03:43 AM PST

A lawsuit has been filed against Rediff (NSDQ: REDF).com and Ram Gopal Verma Films Private Ltd. in the Delhi High Court by Super Cassettes Industries Limited (T-Series) for copyright violation.…

Rediff follows Gmail, Yahoo; Integrates IM Into Email - 0 Comments
Posted By Anupama Chandrasekaran - Tue 18 Sep 2007 08:41 AM PST

India’s leading web based email service, Rediff (NSDQ: REDF)mail, will now have RediffBol, Rediff’s instant messenger tool, inbuilt into the email. [via agencyfaqs] About time, I would say. Google (NSDQ:…

Rediff’s iLand Goes Multilingual…Revamped - 1 Comment
Posted By Nikhil Pahwa - Thu 13 Sep 2007 07:27 PM PST

Rediff iLand, Rediff’s social blogging platform (I think that’s what they call it), has undergone a revamp, and they’ve added multiple languages - Hindi, Marathi, Tamil, Telugu, Malayalam, Kannada, Bengali…

Rediff.com Ties Up With anECHO For Independent Music Platform Based On IShare - 1 Comment
Posted By Nikhil Pahwa - Thu 06 Sep 2007 03:55 AM PST

This looks promising to me, but only because I have a soft corner for independent music: Rediff has tied up with anECHO for providing independent musicians with an opportunity to…

Rediff Plans Regional Content For iShare; What’s The Business Case For Video Content In India? - 5 Comments
Posted By Nikhil Pahwa - Thu 09 Aug 2007 10:07 PM PST

Rediff has announced plans for focusing on regional content for iShare, in order to help “overcome the mindset that multimedia content on internet is only in English” as per VP…

Rediff’s 18 Percent First-Quarter Revenue Increase Disappoints, ADS’ plunge - 2 Comments
Posted By Anupama Chandrasekaran - Fri 27 Jul 2007 01:49 AM PST

Rediff.com India Ltd.’s (Nasdaq: REDF) revenue edged up a lower-than-expected 18 percent in the first quarter, sending its American Depositary Shares down 13 percent on the Nasdaq. [via release]The online…

Is Rediff Launching A New Venture, Or Is IShare Being Hived Off? - 2 Comments
Posted By Nikhil Pahwa - Sun 22 Jul 2007 11:14 PM PST

Alarm Clock had done a story on Rediff launching a disruptive media technology business last week, and since then we’ve been trying to get more information/an official statement on the…

“Reports On Google And Yahoo In Talks To Acquire Rediff Are Baseless” - 2 Comments
Posted By Nikhil Pahwa - Sun 15 Jul 2007 11:35 PM PST

Another misquote around Rediff, the second since the iShare launch: this time HT quotes “Investment banking sources” that Google and Yahoo are in talks to acquire the company. A Rediff…

Barron’s Blows Out Air From Rediff And Sify - 2 Comments
Posted By Rafat Ali - Sun 15 Jul 2007 06:33 PM PST

Share prices of Rediff and Sify are bound to be hit hard Monday morning (both are traded on Nasdaq in U.S.) after a bubble-bursting story in the latest issue of…

On Rediff’s New Social Content Sharing Platform - Ishare - 0 Comments
Posted By Nikhil Pahwa - Tue 10 Jul 2007 01:17 PM PST

I’ve been going through Rediff iShare - a social content sharing platform that the company launched today. On the face of it, the concept reminds me of esnips. Content being…

Rediff Planning For An IPO In India? - 0 Comments
Posted By Nikhil Pahwa - Tue 10 Jul 2007 10:24 AM PST

CNBC-TV18 aired a speculative story today that claims that Rediff is planning to list in the Indian markets. The channel claimed that a team headed by Rediff CFO Joy Basu…