T
R Santhanakrishnan to quit as Sify CFO
Chennai: Sify chief financial officer (CFO) T R
Santhanakrishnan has put in his papers. His four-year
stint at Sify will come to an end on 18 October 2003,
when he will be relieved. Santhanakrishnan was quoted
as saying that he had taken a decision in this regard
about 10 months ago. "I was just waiting for an appropriate
time. Now Sify is at a very comfortable position with
a cash-on-hand of $30 million. The cash burn per quarter
has also been cut down to a low of about $2 million."
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