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  • Thursday, December 7, 2000 3:42PM IST (10:12AM GMT)
One of three finalists in 'Breaking News: Original to the Web' category in global contest
New Delhi, Delhi, India:  Rediff.com India Limited (Nasdaq: REDF), one of India's leading Internet portals focusing on India and the global Indian community, was one of the three finalists in the Breaking News: Original to the Web category at the Online Journalism Awards 2000 presented by the Online News Association and the Columbia Graduate School of Journalism. The Awards honours excellence in Internet journalism. The category acknowledges and rewards the coverage of a spot or breaking news event or development that displays exceptional reporting. Clear presentation and creative use of the medium was also considered while selecting the finalists. Rediff.com was nominated for its coverage of Nightmare of Flight 814 (http://www.rediff/com/news/iacrisis.htm). The Online Journalism Awards site has described Rediff.com's 'Nightmare of Flight 814' reporting as "Extensive coverage of a hijacked Indian Airlines flight featuring almost hourly updates, an interactive map and message board, bringing alive this Christmas time drama." "Being one of the finalists at the Journalism Awards is a recognition of Rediff.com's philosophy and what we stand for - to achieve journalistic excellence every day and to give our readers breaking news as it happens," says Nikhil Lakshman, Editor in Chief, Rediff.com India Limited. Rediff.com's earlier accolades include: "Portal of the year" award in the Best Website Category at the Golden Mouse Awards 2000. Voted as India's No. 1 'Search Engine' and the joint winner for the 'Best Indian Portal' at the 'PC Quest Users Choice Awards' in the Web Computing Category. Judges Award for the best 'Net Media' for quality news reporting from an editorial team that breaks news as it happens, people's favourite 'Multilingual' site and 'Search Engine' award at the Chip Dishnet DSL Web Awards 2000. 'Most Popular Among Indians Website' and 'Most Popular E-commerce Website in India' through an opinion poll of Internet users conducted by Outlook - MDRA across six cities earlier this year. PC World Reader's Choice 'Best Indian Website' award consecutively for three years 1997, 1998 and 1999. 'Most Popular Website' and 'Best Designed Website' awards at the India Internet World 1998 exhibition and conference. 'Best Online Superstore' by PC Quest (April 2000) in India's first ever rating of e-commerce websites. About Online Journalism Awards The Online Journalism Awards has been instituted to set a high standard for people to trust and value Internet journalism, by recognizing excellence in Internet journalism. The Awards has drawn entries from over 200 English-language media outlets around the world including MSNBC.com, WSJ.com, ABCNews.com and BusinessWeek.com amongst others. A two step process was used to determine the finalists and the winner. First, a group of 100 international journalists screened and narrowed the entries to five. These entries were then reviewed by the Online Journalism Award Judges including Tom Goldstein, Dean, Columbia Graduate School of Journalism, Merrill Brown, editor-in-chief, MSNBC.com, Stephen Shepard, editor-in-chief, BusinessWeek, Walt Mossberg, personal technology columnist, The Wall Street Journal, and a number of other distinguished journalism leaders. The Online Journalism Awards join several other prestigious journalism awards administered by Columbia University, including the Pulitzer Prizes, the National Magazine Awards and the Alfred I duPont-Columbia Awards for broadcast journalism. About Rediff.com Founded in 1996, Rediff.com India Limited (Nasdaq: REDF) is one of the leading Internet portals focusing on India and the global Indian community. Currently, Rediff.com' consists of interest specific channels, extensive community features, local language editions, sophisticated search capabilities, and online shopping. Rediff.com also provides users extensive Internet community offerings, which include e-mail, chat, instant messaging and personal homepages, all tailored to Indian interests. Rediff.com has developed its offerings based on the demands and the requirements of its users. The company also has a US version of its site, with content more relevant to the Indian community in the United States.  Except for the historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements." These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements.  These risks and uncertainties include, but are not limited to competition, acquisitions, attracting, recruiting and retaining highly skilled employees, technology, law and regulatory policy and managing risks associated with customer projects as well as other risks detailed in the reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. This report is available at http://www.sec.gov.
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