Sify: Difference between revisions
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| area_served = {{Unbulleted list|[[India]]|[[United States of America]]|[[United Kingdom]]|[[Singapore]]|[[Dubai]]<ref name=wsj/>}} |
| area_served = {{Unbulleted list|[[India]]|[[United States of America]]|[[United Kingdom]]|[[Singapore]]|[[Dubai]]<ref name=wsj/>}} |
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| industry = [[Internet]] |
| industry = [[Internet]] |
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| key_people = Kamal Nath (CEO)<br> Raju Vegesna (Chairman & Managing Director) <br> Vijay Kumar(CFO) |
| key_people = Kamal Nath ([[Chief executive officer|CEO]])<br> Raju Vegesna ([[Chairman]] & [[Managing Director]]) <br> Vijay Kumar([[Chief financial officer|CFO]]) |
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| products = {{Unbulleted list|[[Corporate network]]|[[Internet access]]|[[Online portal]]|[[e-commerce]]|[[e-learning|e-learning software]]<ref name=wsj/>}} |
| products = {{Unbulleted list|[[Corporate network]]|[[Internet access]]|[[Online portal]]|[[e-commerce]]|[[e-learning|e-learning software]]<ref name=wsj/>}} |
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| revenue = {{Increase}} {{INRConvert|2507.12|c}}<small> (to March 2018),</small><ref>[https://timesofindia.indiatimes.com/business/india-business/sify-registers-41-growth-in-jan-mar-qtr/articleshow/63902249.cms "Sify registers 41% growth in Jan-Mar qtr"]</ref> |
| revenue = {{Increase}} {{INRConvert|2507.12|c}}<small> (to March 2018),</small><ref>[https://timesofindia.indiatimes.com/business/india-business/sify-registers-41-growth-in-jan-mar-qtr/articleshow/63902249.cms "Sify registers 41% growth in Jan-Mar qtr"]</ref> |
Revision as of 12:59, 26 September 2019
Company type | Public |
---|---|
Industry | Internet |
Genre | Information and communications technology |
Founded | December 12, 1995[1][2] |
Headquarters | , |
Area served | |
Key people | Kamal Nath (CEO) Raju Vegesna (Chairman & Managing Director) Vijay Kumar(CFO) |
Products | |
Revenue | ₹2,507.12 crore (US$310 million) (to March 2018),[3] |
Number of employees | 2,655[4] |
Website | sifycorp |
Sify Technologies Limited (formerly Satyam Infoway)[5] is an Indian information and communications technology company providing end to end ICT solutions including telecom services, data center services, cloud & managed services, transformation integration services and application integration services. Sify Technologies Limited played an important role during the early spread of Internet and e-commerce in India. It has been listed on NASDAQ as SIFY since 1999.
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]
In 2000, Sify sponsored the India Olympics team.[7] In March 2001, Sify made an agreement with Makemytrip to run Sify's travel portal.[8] In January 2002, Sify announced prizes for most emails sent under a 6-week contest called "Sify Greenmail", promoting emails as an ecofriendly way of communication.[9]
Sify used to run the i-way chain of Internet cafes.[10] In 2002, Sify introduced wireless last mile connections with speeds up to 256 kbps.[11] By August 2003, it had over 1,000 i-Way cyber cafes in India.[12] In December 2003, Sify launched video-conferencing facilities in its Internet cafes.[13]
In 2004, Sify, with Level Up Games, launched a MMORPG.[14] 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.[15]
See also
References
- ^ a b Anurag K. Agarwal (2010). Business and Intellectual Property: Protect Your Ideas. Random House India. pp. 59–60. ISBN 978-81-8400-167-9. Retrieved 24 July 2014.
- ^ a b c "Sify Technologies Ltd. ADS". Wall Street Journal. Retrieved 24 July 2014.
- ^ "Sify registers 41% growth in Jan-Mar qtr"
- ^ "Sify Technologies Company profile". Craft. Retrieved 26 September 2019.
- ^ "Satyam Infoway changes name to Sify Ltd". www.rediff.com. Retrieved 2018-08-12.
- ^ "Sify takes IndiaWorld with revised settlement". The Hindu Business Line. 3 July 2000. Retrieved 24 July 2014.
- ^ "Satyam sponsors Olympic team". Tribune India. 26 August 2000. Retrieved 24 July 2014.
- ^ "Makemytrip allies with Coke, Maruti, Sify -- Travel portal targets 300% growth". The Hindu Business Line. 28 March 2001. Retrieved 24 July 2014.
- ^ "Help plant more trees through 'Sify Greenmail'". Tribune India. 19 January 2002. Retrieved 24 July 2014.
- ^ "New entrant in Internet service - BSNL to introduce broadband network in city". The Telegraph (India). 26 May 2004. Retrieved 24 July 2014.
- ^ "Last mile connection goes wireless". The Hindu. 11 April 2002. Retrieved 24 July 2014.
- ^ "Cyber cafe opened at IGI airport". The Hindu. 20 August 2003. Retrieved 24 July 2014.
- ^ "Sify launches video-conferencing". Tribune India. 10 December 2003. Retrieved 24 July 2014.
- ^ "PC games becoming more popular in Chennai". The Hindu. 2 May 2005. Retrieved 24 July 2014.
- ^ "Satyam sells Sify to Silicon Valley's Raju Vegesna". DNA India. 10 Nov 2005. Retrieved 24 July 2014.