People: Rediff.com India Limited (REDF.O)

REDF.O on Consolidated Issue listed on NASDAQ Global Market

2.52USD
9 Feb 2010
Price Change (% chg)

$0.02 (+0.80%)
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$2.52
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Volume
29,605
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18,778
52-wk High
$4.50
52-wk Low
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Summary

Name Age Since Current Position
Balakrishnan, Ajit 61 Chairman of the Board, Managing Director
Basu, Joy 48 2003 Chief Financial Officer
Nanda, Diwan 66 1996 Director
Phatarphekar, Sunil 45 1998 Director
Prasad, Pulak 41 1999 Director
Narasimhan, Ashok 61 2002 Director
Iyengar, Sridar 62 2004 Director
Shah, Rashesh 45 2006 Director
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Biographies

Name Description
Balakrishnan, Ajit Ajit Balakrishnan is the founder, Chairman and Managing Director of Rediff.com India Limited. He is also a director of Rediffusion Dentsu Young & Rubicam Private Limited, India Abroad Publications, Inc., India In New York, Inc., India Abroad Publications (Canada) Inc., Value Communications Corporation and VuBites India Private Limited. Mr. Balakrishnan is also Chairman of the Board of Governors of The Indian Institute of Management Calcutta and Chairman of the Working Group of Internet Governance set up by the Government of India. Mr. Balakrishnan holds a Bachelors degree in Physics from Kerala University and a Post Graduate Diploma in Management from the Indian Institute of Management, Kolkata. At Annual General Meeting held on September 24, 2008, shareholders re-appointed Mr. Balakrishnan for a five year term as Managing Director with effect from August 23, 2008.
Basu, Joy Joy Basu is Chief Financial Officer of Rediff.com India Limited. since September 2003, having joined the company in April 2003. From October 2002 to April 2003, he served as Chief Financial Officer of Sahara India Media Communication Limited. From April 2000 to September 2002, he served with the Sterlite Group of Companies, primarily as Chief Financial Officer of Sterlite Optical Technologies-Limited. From 1993 to 2000 he served with the RPG Group of companies, where the last position he held was General Manager - Strategic Planning. From 1986 to 1993 he served with the Tata Group in various capacities. Mr. Basu holds a Bachelor’s degree in Commerce (Honors) from St. Xavier’s College, Calcutta University. He is also a member of the Institute of Chartered Accountants of India and has attended the Senior Executive Course at the Manchester Business School, U.K on a British Chevening Scholarship. He has been awarded the India CFO Award 2006 for “Excellence in Finance in an SME” instituted by IMA India.
Nanda, Diwan Diwan Arun Nanda is Director of Rediff.com India Limited. since its incorporation in 1996. Mr. Nanda is also a Director of Rediffusion Dentsu, Young & Rubicam Private Ltd., Wunderman India Private Limited, Rediffusion Dentsu, Young & Rubicam Pvt. Ltd. Srilanka, Everest Brand Solutions Pvt. Ltd., Clariant Chemicals (India) Limited, Eveready Industries India Ltd, Kingfisher Airlines Limited and Mastek Limited. Mr. Nanda is also a director of several other Indian companies. Mr. Nanda holds a Bachelor’s Degree in Commerce from Loyola College, Chennai University, and a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad.
Phatarphekar, Sunil Sunil N. Phatarphekar is Director of Rediff.com India Limited. since 1998. Mr. Phatarphekar is the proprietor of SNP Legal (Advocates), a Mumbai law firm. Mr. Phatarphekar earlier was a partner of Doijode, Phatarphekar & Associates, a Mumbai law firm. After obtaining his Bachelor’s Degree in Commerce from Jai Hind College, Bombay University, and a Bachelor’s Degree in Law from Government Law College, Bombay University, he joined Crawford Bayley & Company, a Mumbai law firm. Thereafter, he was a partner at two Mumbai law firms, Mahimtura & Co. and Shah Desai Doijode & Phatarphekar. Mr. Phatarphekar is also a director of several other Indian companies.
Prasad, Pulak Pulak Prasad is Director of Rediff.com India Limited. since 1999. He is the Founder and Managing Director of Nalanda Capital, a Singapore-based fund management and advisory company. He is also a Director of Bharti Televentures Ltd. and several other Indian and foreign companies. Prior to creating Nalanda, Mr. Prasad was Managing Director and co-head of the India office of Warburg Pincus, covering their India, South and South East Asian operations. He joined Warburg Pincus in 1998. From 1992 to 1998, he was a management consultant with McKinsey & Company in India, U.S. and South Africa. Mr. Prasad holds a Bachelor’s Degree in Technology from the Indian Institute of Technology, New Delhi and a Post-Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad.
Narasimhan, Ashok Ashok Narasimhan is Director of Rediff.com India Limited. since 2002. He is currently Chairman and Co-Founder of July Systems & Technologies Pvt. Ltd. He is also limited partner, advisor, and board member for a number of U.S. venture capital funds. He is also a director on the board of Tarang Software Technologies Pvt. Limited, Genie Technologies India Pvt. Limited, Avendus Advisors Private Limited, Atma Investments and Resources Pvt. Limited. He was earlier founder of Prio, Inc., where he served as Chairman and CEO from early 1996 until its merger with InfoSpace. He subsequently served on the Board of Infospace. Prior to this, he served as Head of Worldwide Marketing and Business Development of VeriFone, a leader in automated electronic payment transactions. Earlier, he was the founding President of Wipro’s IT organizations. He holds a Bachelor’s Degree in Physics from Madras University and a Post-Graduate Diploma in Management from the Indian Institute of Management, Kolkata.
Iyengar, Sridar Sridar A. Iyengar is Director of Rediff.com India Limited. since September 2004. He serves on the Board of Infosys Technologies Limited, a NASDAQ-listed company, Infosys BPO Limited, Rediff Holdings, Inc. (USA), OnMobile Global Ltd, Kovair Software Inc., AverQ Inc., Career Launcher Ltd., Mahindra Holidays & Resorts India Limited and ICICI Bank Ltd, which is an NYSE-listed company, and also advises many early-stage technology companies in the United States and India. He is also a member of the boards of the American India Foundation and the Foundation for Democratic Reforms in India. From 1968 until his retirement in March 2002, he was employed by KPMG, retiring as the Partner-in-Charge of KPMG’s Emerging Business Practice. He worked as a partner in all three of KPMG’s regions - Europe, America and Asia Pacific - as well as in all four of KPMG’s functional disciplines - assurance, tax, consulting and financial advisory services. He was Chairman and CEO of KPMG’s India operations between 1997 and 2000 and during that period was a member of the Executive Board of KPMG’s Asia Pacific practice. Prior to that, he headed up the International Services practice in the West Coast of USA. On his return from India in 2000 he was asked to lead a effort of KPMG focused on delivering audit and advisory services to early stage companies. He also served as a member of the Audit Strategy group of KPMG LLP. He is a Fellow of the Institute of Chartered Accountants in England and Wales, holds a Bachelor’s Degree in Commerce (Honors) from the University of Calcutta and has attended the Executive Education course at Stanford University.
Shah, Rashesh Rashesh C. Shah is Director of Rediff.com India Limited., since April 2006. He is Founder and Chairman of the Edelweiss Group companies and has 18 years of experience in public and private markets in India. Prior to founding Edelweiss, he worked with ICICI Bank Ltd and Prime Securities, where he headed Research and Investments focusing on the buy-side trading. Mr. Shah has advised over 100 companies on both financial and non-financial issues. He is also a director on several other Indian companies. He is a member of the Executive Committee of the National Stock Exchange and the Chairman of the Capital Market Committee of FICCI. He holds a Bachelor of Science Degree from Mumbai University, a Master’s in Business Administration (MBA) from Indian Institute of Management, Ahmedabad and a Diploma in International Trade from IIFT, New Delhi.

Basic Compensation

Name Fiscal Year Total
Balakrishnan, Ajit 200,000
Basu, Joy 80,382
Nanda, Diwan --
Phatarphekar, Sunil 10,000
Prasad, Pulak --
Narasimhan, Ashok --
Iyengar, Sridar 25,000
Shah, Rashesh --
As Of 30 Mar 2009

Options Compensation

Name Options Value
Balakrishnan, Ajit 0 0
Basu, Joy 0 0
Nanda, Diwan 0 0
Phatarphekar, Sunil 0 0
Prasad, Pulak 0 0
Narasimhan, Ashok 0 0
Iyengar, Sridar 0 0
Shah, Rashesh 0 0

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