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Rediff.com, one of the country's oldest online businesses, may be scoping the market for possible buyers, said two people with direct knowledge of the matter.
Rediff chief executive officer Ajit Balakrishnan denied this.
Negotiations are at an advanced stage with at least one of the buyers, said the people cited above. The second person said the asking price was excessive.
The company could have been hawked to Amazon, Flipkart, GoDaddy and Infibeam, said the people cited above.
Rediff in advanced talks with potential suitors - ETtech
Rediff chief executive officer Ajit Balakrishnan denied this.
Negotiations are at an advanced stage with at least one of the buyers, said the people cited above. The second person said the asking price was excessive.
The company could have been hawked to Amazon, Flipkart, GoDaddy and Infibeam, said the people cited above.
Rediff in advanced talks with potential suitors - ETtech