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Sify Technologies Ltd. Announces Non-Compliance with Nasdaq Listing Requirements due to Resignation of a Director
Globenewswire· 2025-06-10 12:41
Core Viewpoint - Sify Technologies Ltd. is currently in non-compliance with Nasdaq Listing Rules due to the resignation of Dr. Ajay Kumar from its Board of Directors, which has created vacancies that need to be filled to regain compliance [1][2][3]. Compliance Issues - The resignation of Dr. Ajay Kumar has led to non-compliance with Nasdaq Listing Rule 5605(b)(1), which requires a majority of independent directors, and Rule 5605(c)(2), which mandates at least three members on the audit committee [1][2]. - The company has been granted a cure period to regain compliance, lasting until the earlier of its next annual shareholders' meeting or May 15, 2026, with specific compliance deadlines if the meeting occurs before November 11, 2025 [2][4]. Company Actions - The company is actively seeking to appoint another independent director to fill the vacancy left by Dr. Kumar's resignation and aims to comply with Nasdaq Listing Rules within the specified cure period [3][4]. - If compliance is achieved before the end of the cure period, the company must submit documentation to Nasdaq, including biographies of new directors [4]. Company Overview - Sify Technologies is recognized as a leading integrated ICT service and solution provider in India, focusing on digital and AI solutions to meet the demands of the emerging digital economy [7][8]. - The company operates a robust infrastructure, including state-of-the-art data centers and the largest MPLS network in India, catering to over 10,000 businesses across various sectors [8][9].
华为ICT大赛收官:全球21万人竞技,聚焦AI赋能教育
Nan Fang Du Shi Bao· 2025-05-25 06:16
Group 1 - The global demand for ICT talent is projected to reach 200 million by 2025, with a talent gap of approximately 60 million, particularly for professionals with AI skills [1] - Huawei's ICT competition aims to discover and cultivate ICT talent, reflecting the company's strategy to connect global educational resources to address the ICT talent challenge [1] - The 2024-2025 Huawei ICT competition attracted over 210,000 participants from more than 2,000 institutions across over 100 countries, marking a record high in participation [1] Group 2 - The education sector faces challenges in effectively training talent for the AI era, including slow curriculum updates, lack of practical teaching resources, insufficient faculty, and uneven educational resources across regions [3] - During the Huawei ICT competition, the "AI Accelerating Education Transformation Summit" highlighted the importance of industry participation in talent cultivation, integrating real-world demands and technologies into education [3] - Huawei announced the launch of the ICT Academy Digital Intelligence Platform, which aims to provide standardized AI teaching resources and online practical environments for global partner universities [3] Group 3 - The competition showcased the potential of global youth in applying ICT technologies to solve real-world problems, with examples including a disease prediction system in the Philippines and AI applications in agriculture and medical diagnostics from teams in Serbia and Morocco [4] - Huawei's competition design focuses on innovation, aligning with the "Smart World 2030" vision, enhancing students' skills in cloud computing, big data, and AI, while addressing real-life challenges in agriculture, healthcare, and education [5] - Huawei has partnered with over 2,200 universities in more than 170 countries through its ICT Academy project, aiming to create a comprehensive talent cultivation loop covering teaching, learning, practice, competition, and certification [5]