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

To: Mohan Marette who wrote (1325)	3/22/2000 3:58:00 PM
From: Mohan Marette	Respond to of 1471

IT firms joins to partner with prizedjobs.com a JV of Sify. Six IT cos partner with prizedjobs.com New Delhi, March 22: Career opportunities portal prizedjobs.com on Wednesday said it has signed up with six Indian IT companies including Satyam and Aptech as recruiters for its job hunting site. "Six IT companies - Satyam, Aptec, Nextgen, Hexaware, Datacons and Apcosoft have signed up as members of our site. These companies would now have access to a database of 10,000 resumes posted on the site, " K Lakshmikanth Managing Director of prizedjobs.com said in a statement. "The response to the membership has been phenomenal and we hope to tie up with a few more members by end march, " he said. *Prizedjobs.com which is a joint venture company between Head Hunters (India) Ltd and Satyam Infoway, was launched at the beginning of the month.* -Digital HT

To: Mohan Marette who wrote (1325)	3/22/2000 4:20:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 1471

OT Chrysalis Capital to fund 10 more companies Vipin Kumar NEW DELHI, March 22 CHRYSALIS Capital will finance 10 more companies in the current year, a top company official has said. " We have already funded five companies. Our plan is to go in for another 10 companies this year to take the list to 15 investments per year," Mr. Raj Kondur, Director of the fund, told Business Line here. Chrysalis has hitherto made investments in four dotcoms- Broadcastindia.com, BaaZee.com, Egurucool.com and ZipAhead.com. On Thursday it announced its fifth and the largest investment till date, in Spectramind Ltd of Mr. Raman Roy. The company has put in Rs. 8 crores in Broadcastindia.com and Rs. 10 crores each in BaaZee.com and Egurucool.com. While the investment in Zipahead.com is Rs. 20 crores, the funding for Spectramind has not been revealed as yet. Mr. Kondur said the proposed investments would come through in the near future. "It will be much earlier than even we expect," he said. Chrysalis has a corpus of about $65 millions, pooled in by Stanford University, Government of Singapore, Microsoft Corporation, Bank of Madura and people such as Mr. Vinod Dham (who ran Intel's Pentium project), Citigroup's Co-chief Executive- CEO and President of Citibank, Mr. Victor J. Menezes, and the Chairman of Goldman Sachs, Mr. Hank Paulson. Other investors in Chrysalis include Mr. Steve Friedman, former Chairman of Goldman Sachs, Mr. K. B. Chandrashekhar of Exodus and Mr. Sanjeev Sidhu of i2 Technologies. Chrysalis expects to utilise 65-70 per cent of the corpus in two years before going for a second round of funding. The average investment the fund makes per company will be $2-5 million. -The Hindu Business Line