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Posts Tagged ‘ Rediff.com ’

Rediff.com to delist shares from NASDAQ

Thursday, April 28, 2016 | More »

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Indian internet firm Rediff.com India Ltd on Wednesday said it has filed an application with the US Securities And Exchange Commission (SEC) to voluntarily withdraw its American Depositary Shares (ADSs) from listing on the NASDAQ. The firm that survived the dot-com bust, but barely so, was strugglin...

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Rediff.com Q2 net loss reduces to $1.76M, gross margin improves

NASDAQ-listed Rediff.com India Ltd has pared net loss for the second quarter ended September 30, 2015 to $1.76 million from $3.02 million in the corresponding year-ago period, by reducing overall costs. Rediff.com, one of the early successes in the Indian internet space, cut operating expenses by 20...

30 October, 2015 | More »

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Rediff to launch instant messaging platform

NASDAQ-listed Rediff.com India Pvt Ltd, one of the early successes in the Indian internet space, plans to launch a real-time messaging and sharing platform for users. Christened ‘Conversations,’ the new platform allows users to engage on topics of common interests while sharing articles, links, ...

3 September, 2015 | More »

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Rediff.com Q1 net loss reduces to $1.75M

NASDAQ-listed Rediff.com, one of the early successes in the Indian internet space, has pared its net loss for the first quarter ended June 30, 2015 to $1.75 million from $3.48 million reported in the corresponding year ago quarter, thanks to reduction in cost overheads. Rediff.com India Ltd reported...

31 July, 2015 | More »

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Rediff’s online marketplace doubles in Q4, e-com revenues now bigger than ads; but overall revenue slips 4%

NASDAQ-listed internet firm Rediff.com reported a 4 per cent decline in net revenues for the quarter ended March 31, 2014 to $4.01 million, compared to last year. However, in the rupee terms revenues grew 10 per cent. Rediff’s net loss for the quarter decreased marginally to $3.39 million from $3....

4 June, 2014 | More »

The rate of internet broadband needs to be slashed to Rs 100 per month: Ajit Balakrishnan, founder and CEO, Rediff.com

An internet penetration of mere 11 per cent is a huge challenge in India. Lesser developed countries like Russia, Brazil and Indonesia have a much higher penetration. The country should look at doing things to drastically increase penetration as this can drive the fortunes of all tech entrepreneurs....

17 April, 2014 | More »

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Rediff.com Q3 revenues rise 5% to $4.17M; net loss down to $1.9M

NASDAQ-listed internet firm Rediff.com has reported overall revenues of $4.17 million for the quarter ended December 31, 2013, an increase of 5 per cent (in dollar terms) and 20 per cent in (rupee terms) compared with the same period the previous year. This increase was mainly driven by a growth in ...

23 January, 2014 | More »

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Rediff revenues slide 9.9% YoY to $4.18M in Q4, net loss jumps 63%

NASDAQ-listed Rediff.com has seen its revenues drop 9.9 per cent to $4.18 million for the fourth quarter ended March 31, 2012, over the year-ago period (but it rose 5.2 per cent sequentially), led by 30 per cent decline in US publishing revenues to $0.64 million. India online revenues, which form th...

22 May, 2013 | More »

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Rediff revenue slides 18% to $3.97M in Q3, e-com revenue up 85% Y-o-Y; Net loss jumps

NASDAQ-listed Rediff.com has seen its revenue drop 18 per cent to $3.97 million for the third quarter ended December 31, 2012, over the year-ago period (but it rose 3.4 per cent sequentially), led by 17.7 per cent fall in India online revenues to $3.2 million. US publishing revenues were also down 1...

24 January, 2013 | More »

Rediff revenue slides 24% to $3.84M in Q2, e-com revenue up 61% Y-o-Y; Net loss shrinks

NASDAQ-listed Rediff.com has seen its revenue drop 24 per cent to $3.84 million for the second quarter ended September 30, 2012, over the year-ago period (but rose 4.6 per cent sequentially), led by the fall in India online revenues. Net loss in the period decreased to $2.34 million from $2.64 milli...

26 October, 2012 | More »

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