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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)

SIFY 14.25

-3.2%

12:01 PM EST

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To: Mohan Marette who wrote (568)	2/2/2000 9:24:00 AM
From: Mohan Marette	Read Replies (1) of 1471

Satyam Infoway Wins Sony Order for U.S. e-Commerce Projects 2/1/00 1:21:00 AM Source: Bloomberg News Hyderabad, India, Feb. 1 (Bloomberg) -- Satyam Infoway Ltd., the second-largest Indian Internet service provider, said it won an order from Sony Electronics Ltd. to set up e-commerce projects in the U.S. Satyam, a subsidiary of Satyam Computer Services Ltd., will focus on 'Internet commerce, customer relationship management and implement these e-businesses rapidly,' for Sony Electronics, a subsidiary of Sony Corp., Japan's No. 2 home electronics maker, the company said. The company didn't provide any financial details on the transaction. Satyam Computer shares rose 3.9 percent to 2,750 rupees on the Mumbai Stock Exchange after the announcement. cnetinvestor.com

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