Sify

Source: Wikipedia, the free encyclopedia.

Sify Technologies Limited
RevenueIncrease 2,507 crore (US$310 million) (March 2018)[3]
Number of employees
2,655[4]
Websitesifycorp.com

Sify Technologies Limited (formerly Satyam Infoway)

NASDAQ.[6]
Sify was founded and led to IPO by R. Ramaraj.

History

In November 1999, Sify paid 122.2 crore for a 24.5% stake in IndiaWorld Communications. It acquired the remaining shares for 325.4 crore on 30 June 2000.[6][7]

In 2000, Sify sponsored the

Makemytrip to run Sify's travel portal.[10]

Sify used to run the i-Way chain of Internet cafes.[11] In 2002, Sify introduced wireless last mile connections with speeds up to 256 kbit/s.[12] By August 2003, it had over 1,000 i-Way cyber cafes in India.[13] In December 2003, Sify launched video-conferencing facilities in its Internet cafes.[14]

In 2004, Sify, with

MMORPG.[15] In June 2004, the Supreme Court of India set a legal precedent regarding domain names in the Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd. lawsuit.[1]

In November 2005,

Satyam Computer Services sold its remaining 31.61% shares in Sify to Infinity Capital Ventures, which is owned by Raju Vegesna, for US$62.62 million.[16]

See also

References

  1. ^ . Retrieved 24 July 2014.
  2. ^ a b c "Sify Technologies Ltd. ADS". The Wall Street Journal. Retrieved 24 July 2014.
  3. ^ "Sify registers 41% growth in Jan–Mar qtr"
  4. ^ "Sify Technologies Company profile". Craft. Retrieved 26 September 2019.
  5. ^ "Satyam Infoway changes name to Sify Ltd". Rediff.com. 7 January 2003. Retrieved 12 August 2018.
  6. ^ .
  7. ^ "Sify takes IndiaWorld with revised settlement". Business Line. 3 July 2000. Retrieved 24 July 2014.
  8. ^ "Satyam sponsors Olympic team". The Tribune. 26 August 2000. Retrieved 24 July 2014.
  9. ^ "Help plant more trees through 'Sify Greenmail'". The Tribune. 19 January 2002. Retrieved 24 July 2014.
  10. ^ "Makemytrip allies with Coke, Maruti, Sify – Travel portal targets 300% growth". Business Line. 28 March 2001. Retrieved 24 July 2014.
  11. ^ "New entrant in Internet service – BSNL to introduce broadband network in city". The Telegraph (India). 26 May 2004. Archived from the original on 29 July 2014. Retrieved 24 July 2014.
  12. ^ "Last mile connection goes wireless". The Hindu. 11 April 2002. Archived from the original on 30 July 2003. Retrieved 24 July 2014.
  13. ^ "Cyber café opened at IGI airport". The Hindu. 20 August 2003. Archived from the original on 5 August 2014. Retrieved 24 July 2014.
  14. ^ "Sify launches video-conferencing". The Tribune. 10 December 2003. Retrieved 24 July 2014.
  15. ^ "PC games becoming more popular in Chennai". The Hindu. 2 May 2005. Archived from the original on 19 August 2006. Retrieved 24 July 2014.
  16. DNA India
    . 10 November 2005. Retrieved 24 July 2014.

External links

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