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

To: Mohan Marette who wrote (914)	2/28/2000 2:08:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 1471

CRISIL shares up 8 pct on pact with Satyam Monday February 28, 12:40 am Eastern Time BOMBAY, Feb 28 (Reuters) - Shares of Credit Rating Information Services of India Ltd (CRISIL) jumped and hit the daily circuit breaker limit of eight percent in early deals on Monday, boosted by a tie-up with internet service provider Satyam Infoway Ltd (NasdaqNM:SIFY - news), dealers said. At 10:20 a.m., CRISIL shares were up 43.80 rupees and frozen at 591.90. CRISIL and Satyam Infoway on Saturday said they were exploring various models to work together to develop standards, processes, methodologies, research information and service performance ratings for companies. Dealers said the stock was being picked up by bargain hunters. ``The stock is getting re-rated after this tie-up. The shares are going cheap at current levels considering it hit a high of 825 rupees a just a few months ago,' a dealer at a local brokerage said. Dealers said the tie-up also meant increased revenues for the rating agency from its e-commerce foray. ``With this tie-up, the number of its portal users will increase, boosting its revenues,' G. Devanathan director at Kaycee Trading and Portflio Services Ltd. Satyam Infoway shares ended at $93-1/2, down $6- on the U.S. Nasdaq exchange on Friday. biz.yahoo.com