Sify

Sify Technologies Ltd. Announces Plans for Rights Offering to Shareholders

Retrieved on: 
Thursday, March 21, 2024

The Company today announced that it has filed a Registration Statement on Form F-1 (the "Registration Statement") with the Securities and Exchange Commission for a rights offering (the "Rights Offering") to holders of its equity shares and American Depositary Shares ("ADSs").

Key Points: 
  • The Company today announced that it has filed a Registration Statement on Form F-1 (the "Registration Statement") with the Securities and Exchange Commission for a rights offering (the "Rights Offering") to holders of its equity shares and American Depositary Shares ("ADSs").
  • The Rights Offering will include an over-subscription right, which will permit each rights holder that exercises its subscription rights in full the option to purchase additional equity shares or ADSs, as the case may be, that remain unsubscribed at the expiration of the Rights Offering.
  • The Rights Offering will not commence until the Registration Statement has been declared effective by the Securities and Exchange Commission.
  • The record date for the distribution of the rights, the dates for both the subscription period and expiration of the Rights Offering and other pricing information will be included in the Company's final prospectus relating to the Rights Offering.

Sify reports Consolidated Financial Results for Q3 FY 2023-24

Retrieved on: 
Thursday, January 18, 2024

Sify provides services via 974 fiber nodes across the country, a 15% increase respectively over same quarter last year.

Key Points: 
  • Sify provides services via 974 fiber nodes across the country, a 15% increase respectively over same quarter last year.
  • This quarter, Sify invested USD 0.15 Million in start-ups in the Silicon Valley area as part of our Corporate Venture Capital initiative.
  • Among the most prominent new contracts during the quarter were the following:
    One of India’s largest private banks signed up for colocation services.
  • A global financial and technology company is migrating colocation services from a competitor to Sify’s Data Center.

Sify Technologies to announce Financial Results for Third Quarter FY 2023-24 on Thursday, January 18, 2024

Retrieved on: 
Thursday, January 11, 2024

Interested parties may participate by dialling +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International), which will also be simultaneously broadcast live over the Internet at www.sifytechnologies.com/investors or https://www.webcaster4.com/Webcast/Page/2184/49670 .

Key Points: 
  • Interested parties may participate by dialling +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International), which will also be simultaneously broadcast live over the Internet at www.sifytechnologies.com/investors or https://www.webcaster4.com/Webcast/Page/2184/49670 .
  • Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.
  • Please allow for some time post-conference call to access the archive of the Webcast.
  • The replay is available until January 25, 2024.

W.Media celebrates India's Cloud and Data Center Industry at Mumbai CDC

Retrieved on: 
Thursday, December 7, 2023

MUMBAI, India, Dec. 6, 2023 /PRNewswire/ -- Over 700 delegates and dignitaries from India's thriving Cloud and Data Center industry, including C-level executives, end users, buyers and key decision makers turned up to celebrate Mumbai's vibrant Data Center market at W.Media's Cloud & Datacenter Convention and Awards 2023 (Mumbai CDC).

Key Points: 
  • MUMBAI, India, Dec. 6, 2023 /PRNewswire/ -- Over 700 delegates and dignitaries from India's thriving Cloud and Data Center industry, including C-level executives, end users, buyers and key decision makers turned up to celebrate Mumbai's vibrant Data Center market at W.Media's Cloud & Datacenter Convention and Awards 2023 (Mumbai CDC).
  • Many other movers and shakers of the Cloud and Data Center industry shared their insights on key factors impacting the growth and development of India's digital infrastructure.
  • Manish Shangari (VP, AECOM) made a powerful case for the need for effective skill building to create a suitable workforce for the Cloud and Data Center industry.
  • Here's the list of award winners:
    2) Data Center Operations Team – Yotta D1 Operations Team (Yotta Data Services Pvt.

W.Media celebrates India's Cloud and Data Center Industry at Mumbai CDC

Retrieved on: 
Thursday, December 7, 2023

MUMBAI, India, Dec. 6, 2023 /PRNewswire/ -- Over 700 delegates and dignitaries from India's thriving Cloud and Data Center industry, including C-level executives, end users, buyers and key decision makers turned up to celebrate Mumbai's vibrant Data Center market at W.Media's Cloud & Datacenter Convention and Awards 2023 (Mumbai CDC).

Key Points: 
  • MUMBAI, India, Dec. 6, 2023 /PRNewswire/ -- Over 700 delegates and dignitaries from India's thriving Cloud and Data Center industry, including C-level executives, end users, buyers and key decision makers turned up to celebrate Mumbai's vibrant Data Center market at W.Media's Cloud & Datacenter Convention and Awards 2023 (Mumbai CDC).
  • Many other movers and shakers of the Cloud and Data Center industry shared their insights on key factors impacting the growth and development of India's digital infrastructure.
  • Manish Shangari (VP, AECOM) made a powerful case for the need for effective skill building to create a suitable workforce for the Cloud and Data Center industry.
  • Here's the list of award winners:
    2) Data Center Operations Team – Yotta D1 Operations Team (Yotta Data Services Pvt.

W.Media celebrates Mumbai: India's top data center destination

Retrieved on: 
Wednesday, November 15, 2023

Mumbai has emerged as a data center destination of choice in India.

Key Points: 
  • Mumbai has emerged as a data center destination of choice in India.
  • In fact, it was reported earlier this year that Mumbai has emerged as the third largest data center market in the Asia Pacific region.
  • Renowned data center consultant Mahesh Trivedi concurs, saying, "Both network and power are equally important for the data center business.
  • Mumbai is blessed with both compared to other metros, hence the demand for data center space in Mumbai is more than other cities."

W.Media celebrates Mumbai: India's top data center destination

Retrieved on: 
Wednesday, November 15, 2023

Mumbai has emerged as a data center destination of choice in India.

Key Points: 
  • Mumbai has emerged as a data center destination of choice in India.
  • In fact, it was reported earlier this year that Mumbai has emerged as the third largest data center market in the Asia Pacific region.
  • Renowned data center consultant Mahesh Trivedi concurs, saying, "Both network and power are equally important for the data center business.
  • Mumbai is blessed with both compared to other metros, hence the demand for data center space in Mumbai is more than other cities."

Sify reports Consolidated Financial Results for Q2 FY 2023-24. Revenues of INR 8791 Million. EBITDA of INR 1519 Million.

Retrieved on: 
Friday, October 20, 2023

As on September 30, 2023, Sify has deployed 6535 SDWAN service points across the country.

Key Points: 
  • As on September 30, 2023, Sify has deployed 6535 SDWAN service points across the country.
  • Sify now provides services via 952 fiber nodes across the country, a 14% increase over the same quarter last year.
  • During the quarter, Sify invested USD 1.5 Million in start-ups in the Silicon Valley area as part of our Corporate Venture Capital initiative.
  • A NBFC, a health solutions player, an insurance broker and a steel major contracted for Sify greenfield cloud implementation.

Sify Technologies to announce Financial Results for Second Quarter FY 2023-24 on Friday, October 20, 2023

Retrieved on: 
Friday, October 13, 2023

CHENNAI, India, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the Second quarter ended September 30, 2023 on Friday, October 20, 2023 before the market opens.

Key Points: 
  • CHENNAI, India, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the Second quarter ended September 30, 2023 on Friday, October 20, 2023 before the market opens.
  • In conjunction with the announcement, Sify will host a conference call at 8:30 AM ET with Mr. Raju Vegesna, Chairman of the Board, Mr. M P Vijay Kumar, Executive Director & Group CFO, and Mr. Kamal Nath, Chief Executive Officer.
  • Please allow for some time post-conference call to access the archive of the Webcast.
  • The replay is available until October 27, 2023.

Sify reports Consolidated Financial Results for Q1 FY 2023-24. Revenues of INR 8547 Million. EBITDA of INR 1724 Million.

Retrieved on: 
Thursday, July 20, 2023

During the quarter, Sify invested USD 193,000 in start-ups in the Silicon Valley area as part of our Corporate Venture Capital initiative.

Key Points: 
  • During the quarter, Sify invested USD 193,000 in start-ups in the Silicon Valley area as part of our Corporate Venture Capital initiative.
  • A Public sector housing lender and a white goods manufacturer migrated from the competition to Sify Data Center.
  • A mobile engagement platform signed up to migrate from their on-premise Data Center to Sify Data Center.
  • Sify commissioned its third international gateway at Kolkata, which will enable network connectivity into the neighbouring country of Bangladesh.