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


To: Mohan Marette who wrote (553)1/27/2000 7:23:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 1471
 
Here is another dotcom deal to rival IndiaWorld

Our Mumbai Bureau
27 JANUARY

ANOTHER dotcom deal, another blood-curdling valuation. A couple of venture funds have just ponied up $25m for a 20-to-24 per cent stake in Chaitime.com , which essentially puts the value of the internet portal somewhere between $104m/Rs 447 crore and $125m/Rs 538 crore. And to think Satyam Infoway was out of its mind to shell out $115m for IndiaWorld.....

economictimes.com