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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)
SIFY 11.43-5.5%3:29 PM EST

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To: Mohan Marette who wrote (1230)3/17/2000 10:45:00 AM
From: Mohan Marette  Read Replies (1) of 1471
 
Satyam Infoway Picks Up Stake in Prizedjobs.com

CHENNAI, India--(BUSINESS WIRE)--March 17, 2000--Satyam Infoway, India's premier internet and e-commerce company has acquired equity in prizedjobs.com , a portal promoted by Headhunter's, one of India's top executive search companies.

Mr R. Ramaraj, CEO and Managing Director of Satyam Infoway said, ``This strategic investment will help us participate in the growing market of online recruitment with one of the leading companies in this business. Their experience coupled with our expertise in infrastructure will make us very competitive in this sphere of e-commerce.'

Prizedjobs.com is now the exclusive jobs and career channel on satyamonline.com. The click through to prizedjobs.com from satyamonline.com offers speed and ease of access to current opportunities available for jobseekers browsing satyamonline.com.

Head Hunters has been one of the top 5 recruiting firms in the last five years with a collective experience of over 95 man years in the industry. The company aids industries in locating, attracting and retaining highly talented individuals for senior management positions.

biz.yahoo.com
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