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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)
SIFY 10.79-0.6%Nov 7 3:59 PM EST

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To: Mohan Marette who wrote (1332)3/23/2000 1:31:00 AM
From: Mohan Marette  Read Replies (1) of 1471
 
India Satyam Infoway In Internet JV With Singapore Co PlasticsCommerce.com

Thursday, March 23 11:31 AM SGT

SINGAPORE (Dow Jones)--India's Satyam Infoway Ltd. (SIFY), an Internet service provider, and Singapore's Plasticscommerce.com Pte. Ltd. will form a joint venture to trade plastics products over the Internet, the companies announced Thursday.

Satyam Infoway will hold a 53% stake in the venture, with Plasticscommerce.com holding the rest, the companies said. The venture will have an authorized capital of S$1.2 million (US$1=S$1.7121)
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