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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (504)	1/11/2000 1:33:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 1471

India's Satyam Third-Qtr Profit Rises 83%; Beats Estimates satyam.com 1/10/00 8:58:00 PM Source: Bloomberg News Mumbai, Jan. 11 (Bloomberg) -- Satyam Computer Services, India's fifth-largest computer software company by sales, said its third-quarter profit rose 83 percent, helped by increased revenue from new e-commerce business. The company made a profit of 361.8 million rupees ($8.3 million) from 198 million rupees, beating the mean estimate of two analysts polled by Bloomberg of 340 million rupees. In the year-earlier period the software maker earned 198.09 million rupees. Providing e-commerce software accounted for 21.3 percent of its revenue, while sales from correcting the Year 2000 bug shrank to just 1 percent, the company said in a statement