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3. Sify Technologies (SIFY) is an integrated internet company, providing network and ecommerce services in India. The company operates in four segments: corporate network/data services, Internet access services for homes, through cybercafés, online portal services, content offerings, and other services like development of e-learning software. The stock gained 25.7% during the past one month.

For the quarter ended Dec. 31, 2010, Sify's promoters invested $21.7 million to improve liquidity and to fund data center and network expansion. Total operating revenue stood at $38.72 million with its infrastructure/hosting business growing 26.4% year-over-year.

Sify recently became the first ICT player in India to activate its capacities in the Europe-India Gateway (EIG) submarine cable system. The EIG is a $700 million high-capacity fiber-optic cable and one of the most advanced submarine cable systems in the world. Sify's partnership with GBI (Gulf Bridge International) to land their Cable System in India will go onboard from the second half of 2011.
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