No love lost between Yahoo! India and Sify
Alright this is a strange story and worth sharing. (via DNAIndia)
Apparently, six Yahoo! India (Nasdaq: YHOO) employees used forged ID cards to get into Lakme India Fashion Week and took unauthorized photographs. Sify’s (Nasdaq: SIFY) broadband portal, SifyMax, was one of the official sponsors of the event and even has some exclusive content on their site.
Sify officially filed a police report against Yahoo! India and some of its top executives. Madras High Court granted interim transit bail to two top Yahoo executives, but instructed them to deposit their passports with the court. So who are these top executives?
- George Zacharias – Sify’s former COO
- Ajay Nambiar – Headed consumer channels for Sify before moving on to Yahoo.
It seems like Yahoo’s executives in India are not doing much better then their counterparts in the United States.
* I am long SIFY
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