Rediff.com (REDF) said its second-quarter net loss widened to $2.61 million from $0.42 million in the previous year. Net loss per ADS for the quarter widened to US$0.089 from US$0.014 a year ago.
Total revenues for the second quarter slid to US$4.19 million from US$7.32 million in the year-ago period.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.