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Satyam Close To Selling Sify Stake

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P V Vasanta Kumar BUSINESS STANDARD

IT major in talks with Singapore and Hong Kong-based funds

The two-year-long efforts of Satyam Computer Services to offload its stake in Nasdaq-listed Sify seem to be coming to an end finally.

According to sources, the software major is negotiating with two Singapore and Hong Kong based funds to divest its 35 per cent stake in the Internet service provider.

The recent spurt in Sify

 

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First Published: May 23 2003 | 12:00 AM IST

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