Satyam gets payment from GSIC

	Financial Daily from THE HINDU group of publications Tuesday, July 04, 2000

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Satyam gets payment from GSIC

HYDERABAD: Satyam Computer Services Ltd has received full payment against the sale of 1.6 per cent stake of local shares of Satyam Infoway Ltd (SIFY) to the Government of Singapore Investment Corporation Pvt Ltd (GSIC). The pre-tax realisation from this sale of 3,47,200 equity shares of SIFY to GSIC amounts to $49.3 millions, according to a company release here on Monday. -Our Bureau