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 Info-Tech - ISPs


Sify celebrates 5 years of listing

Our Bureau

Chennai , Oct. 19

SIFY Ltd today celebrated its fifth anniversary as a publicly traded company on the Nasdaq stock exchange in New York.

The company's CEO, Mr R. Ramaraj, was at the exchange today, to mark the occassion. Sify is the first Indian Internet company to have achieved this milestone on Nasdaq, says a company release.

The Chennai-based Sify has grown at a 46 per cent compounded annual growth rate since its listing in 1999, from revenues of $14 million in 1999-2000 to $61 million in 2003-2004.

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