Document:

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                                                                    Exhibit 4.15

                             SATYAM INFOWAY LIMITED
                         2nd Floor, Tidel Park Taramani
                             Chennai 600 113, India

The Directors
CricInfo Limited
Hartham Park
Corsham
Wiltshire SN13 0RP
England

                                                                   17th May 2002

Dear Sirs,

AMENDMENT TO LOAN FACILITY & ARRANGEMENTS FOR FUTURE FINANCING

We, Satyam Infoway Limited ("SATYAM") refer to the letter between CricInfo
Limited (the "COMPANY", together with Satyam , the "PARTIES") and Satyam dated
March 13, 2002 regarding the Company's need for further finance and the proposed
Additional Subscription (as defined in that letter). Terms and expressions used
in this letter (the "AMENDMENT LETTER") which are defined in the subscription
letter between us dated October 5, 2001 ("SUBSCRIPTION AGREEMENT") shall, where
the context permits, have the same meaning herein as therein.

This letter, which when countersigned by yourselves will form a binding
agreement between us, now records the following matters which have been agreed
for good and valuable consideration to document the Additional Subscription:

1.   The terms of the Subscription Agreement be and are hereby amended and
     restated in the manner set forth in the amended and restated Subscription
     Agreement set out in the Annexure hereto (the "AMENDED AND RESTATED
     SUBSCRIPTION AGREEMENT").

2.   For the avoidance of doubt, the Company and Satyam (in its capacity as Loan
     Noteholder and Subscriber) confirm and agree that all amendments made to
     the terms of the Subscription Agreement and the Instrument shall apply
     equally to all Loan Notes issued prior to, on and subsequent to the date of
     this Amendment Letter.

3.   Each of the Parties shall, immediately following execution of this
     Amendment Letter, execute and deliver:

     (i)    two originals of the Amended and Restated Subscription Agreement in
            the form set out in the Annexure hereto; and

     (ii)   an original of the Amended and Restated Warrant in the form set out
            in Schedule 6 to the Amended and Restated Subscription Agreement.

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4.   The Company shall, immediately following execution of this Amendment
     Letter, execute and deliver:

     (i)    an original of the Amended and Restated Instrument in the form set
            out in Schedule 1 to the Amended and Restated Subscription
            Agreement; and

     (ii)   an original executed loan note certificate substantially in the form
            set out in the First Schedule to the Amended and Restated Instrument
            issued by the Company to Satyam for a principal amount of [Pound
            Sterling335,000], representing the aggregate principal amount
            advanced by Satyam by instalments made between March __, 2002 and
            May __, 2002 in anticipation of the Additional Subscription being
            documented.

5.   Satyam hereby confirms and undertakes for the benefit of each of
     Badrinarayan Seshadri, Alexander Balfour and Peter Griffiths (the
     "SHAREHOLDERS") that, to the extent that the undertakings given by each of
     the Shareholders in the form of Schedule 4B to the Subscription Agreement
     (the "4B UNDERTAKINGS") remain in force at the relevant time, it will
     release each of the Shareholders from their respective 4B Undertaking on
     the date of redemption or Conversion of all of the then outstanding Loan
     Notes in full.

For the purpose of Condition 9 of the Conditions (as defined in the Loan Notes)
Satyam, as current holder of all of the outstanding Loan Notes, hereby consents
to the proposed amendments to the Subscription Agreement, the Instrument and the
Conditions. The amendment and restatement of the Subscription Agreement as
contemplated by this Amendment Letter shall not constitute an Event of Default
for the purposes of Condition 2.6.4.

This letter and the rights and obligations of the Parties under it shall be
governed by and construed in accordance with the laws of England and the Parties
submit to the exclusive jurisdiction of the English Courts.

Save for the rights expressly granted to the Shareholders under paragraph 5
above, a person who is not a party to this Amendment Letter shall not have any
right under the Contracts (Rights of Third Parties) Act 1999 to enforce any of
its terms.

This Amendment Letter may be executed by the Parties in separate counterparts
(including facsimile copies), each of which when so executed and delivered shall
be deemed an original, but all such counterparts together shall constitute one
and the same instrument. Signature pages may be detached from multiple
counterparts and attached to a single counterpart so that all signature pages
are physically attached to the same document.

Please indicate your agreement to the terms of this Amendment Letter by signing
and returning the duplicate letter herewith.

Yours faithfully

.............................................
For and on behalf of
SATYAM INFOWAY LIMITED

Accepted and agreed

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.............................................
For and on behalf of
CRICINFO LIMITED
Date: .....................

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                                    ANNEXURE
                  (Amended and Restated Subscription Agreement)

                             SATYAM INFOWAY LIMITED
                         2nd Floor, Tidel Park Taramani
                             Chennai 600 113, India

The Directors
CricInfo Limited
Hartham Park
Corsham
Wiltshire SN13 0RP
England

                                                                   ____ May 2002

Dear Sirs,

AMENDED AND RESTATED LOAN FACILITY & ARRANGEMENTS FOR FUTURE FINANCING

This letter ("LETTER") sets out the amended and restated terms upon which we,
Satyam Infoway Limited (the "SUBSCRIBER"), are prepared to subscribe for Loan
Notes to be issued by CricInfo Limited (the "BORROWER" or "COMPANY") in an
aggregate principal amount (including all amounts previously subscribed under
the original subscription agreement dated October 5, 2001 (the "SUBSCRIPTION
AGREEMENT")) of up to Pound Sterling1,600,000 to meet the Company's short to
medium term working capital needs.

The Subscriber and the Borrower hereby agree that this Letter amends and
replaces the Subscription Agreement with effect from the date hereof.

1.    DRAWDOWN

1.1   Subject to fulfilment of the conditions precedent detailed in paragraph 2
      below, and subject to paragraph 1.2, the Subscriber agrees to subscribe
      for Loan Notes in accordance with the terms and conditions set forth
      herein, in instalments (each an "INSTALMENT") to be made in such amounts
      and on such dates (each an "INSTALMENT FUNDING DATE") as may be agreed in
      writing from time to time by the Subscriber and the Borrower. An
      Instalment of Pound Sterling100,000.00 was drawn down automatically on
      each of 2 August, 2001 and 3 September 2001 (each an "INITIAL
      INSTALMENT"). On various dates commencing 25 September 2001 Instalments in
      an aggregate amount of Pound Sterling918,500 were drawn down under the
      Subscription Agreement (the "INTERIM INSTALMENTS") and Pound
      Sterling335,000 was drawn down under an agreement between the Subscriber
      and the Borrower dated 13 March 2002 for the advance of monies in
      anticipation of the Subscription Agreement being amended (the "ADDITIONAL
      SUBSCRIPTION AGREEMENT").

1.2   The Borrower must give written notice to the Subscriber of the amount
      requested to be drawn down at least ten business days (or such other
      period as the Subscriber and the Borrower may

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      agree) prior to the relevant Instalment Funding Date (a "DRAWDOWN
      NOTICE"). The Subscriber shall, on each Instalment Funding Date, following
      receipt of the relevant Drawdown Notice (in terms consistent with the
      Business Plan or an agreement between the Subscriber and the Borrower in
      accordance with paragraph 1.1 above) and upon satisfaction of the
      conditions precedent detailed in paragraph 2 below, subscribe for Loan
      Notes in the amount to be subscribed on such Instalment Funding Date by
      telegraphically transferring the amount set forth in the applicable
      Drawdown Notice payable in pounds sterling (Pound Sterling) to the
      Borrower's account with Barclays Bank, 33-35 High Street, Grantham,
      Lincolnshire NG31 6PH, England A/C No. 20980994, Sort Code 20-34-60.

2.    CONDITIONS PRECEDENT

2.1   The obligations of the Subscriber to subscribe for any Loan Notes in
      accordance with paragraph 1 above shall be subject to the Subscriber
      receiving from the Borrower:

      (a)   a duly executed copy of this Letter;

      (b)   a duly executed copy of an instrument substantially in the form of
            Schedule 1 hereto (which includes and is subject to the conditions
            set out in the Second Schedule thereto) (the "INSTRUMENT");

      (c)   duly executed loan note certificates in the form set out in the
            First Schedule to the Instrument (the "LOAN NOTES") issued by the
            Company to the Subscriber: (i) for a principal amount of Pound
            Sterling200,000.00, representing the aggregate principal amount of
            the Initial Instalments; (ii) for a principal amount of Pound
            Sterling918,500, representing aggregate principal amount of the
            Interim Instalments; and (iii) for a principal amount of Pound
            Sterling335,000, representing the principal amount drawn down under
            the Additional Subscription Agreement;

      (d)   a certified copy of a written resolution of the board of the
            Company, signed by each of the directors, or a certified copy of the
            minutes of a meeting of the Board at which a resolution has been
            passed, in substantially the form of: (i) the resolution set out in
            Part I of Schedule 2; and (ii) the resolution set out in Part II of
            Schedule 2;

      (e)   an original of an irrevocable undertaking in the form set out in
            Schedule 4A from members of the Borrower holding between them not
            less than 26 per cent. of the Borrower's issued share capital
            (including each of Badrinarayan Seshadri, Alexander Balfour and
            Peter Griffiths);

      (f)   an original of an irrevocable undertaking in the form set out in
            Schedule 4B from each of Badrinarayan Seshadri, Alexander Balfour
            and Peter Griffiths;

      (g)   a certified copy of all necessary consents and approvals (and for
            the purposes of the Shareholders Agreement (defined in paragraph
            5(b) below) the Subscriber hereby consents to the issue and/or
            execution of the Loan Documents);

      (h)   a copy of an audit report of the Company as at March 31, 2002 from
            PricewaterhouseCoopers, the Company's accountants; and

      (i)   an original executed counterpart warrant in favour of the Subscriber
            in the form of Schedule 6 hereto (the "WARRANT").

      PROVIDED THAT with regard to items 2.1 (c)(i) & (ii), (d)(ii) and (e) to
      (h) only, any documents provided in the form dictated by paragraph 2.1 in
      the original Subscription

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      Agreement (to the extent different from the above requirements) shall be
      sufficient to satisfy the relevant condition precedent.

      This Letter, the Instrument, the Loan Notes, the Warrant and any document
      delivered pursuant thereto or in connection therewith are collectively the
      "LOAN DOCUMENTS".

2.2   The Subscriber shall be under no obligation to subscribe for Loan Notes
      forming all or part of any Instalment (but without prejudice to its
      obligations in respect of any other Instalment):

      (a)   unless the Subscriber has received: (i) at least ten business days
            prior to such Instalment Funding Date a duly completed Drawdown
            Notice; (ii) on or before the relevant Instalment Funding Date a
            Loan Note issued by the Company to the Subscriber in respect of the
            amount being subscribed by the Subscriber by it pursuant to the
            relevant Drawdown Notice; and

      (b)   unless the Subscriber, in its discretion, is satisfied that at the
            time of the relevant Instalment Funding Date or at any other
            relevant time that: (i) implementation of the Business Plan by the
            Company remains, or in the reasonable opinion of the Subscriber, is
            likely to remain feasible; (ii) no Event of Default (as defined in
            the Loan Notes) has occurred, or in the reasonable opinion of the
            Subscriber, is likely to occur; (iii) there has been no material
            adverse change in the business, financial position or trading
            prospects of the Borrower since the date of this Letter or, in the
            reasonable opinion of the Subscriber, is expected; and (iv) the
            Company has taken all reasonable action to renegotiate the
            provisions of the Internet Rights Acquisition Agreement (the "PCB
            AGREEMENT") dated February 5, 2001 and made between the Company and
            Pakistan Cricket Board ("PCB") relating to the issue of shares by
            the Company to PCB with the objective of limiting the number of
            shares to be issued by the Company to PCB to 1,754 shares (or 1 per
            cent. of the Company's share capital as at the date of the PCB
            Agreement).

3.    EXPIRY

      The obligation of the Subscriber to subscribe for any Loan Notes shall be
      terminated upon the earlier to occur of (i) subscription by the Subscriber
      for Loan Notes with an aggregate principal amount of Pound
      Sterling1,600,000; or (ii) 5 October 2002.

4.    REPAYMENT; INTEREST

      The Borrower shall repay or purchase the Loan Notes and the Loan Notes
      shall bear interest all as set forth in the Loan Notes instrument.

5.    UNDERTAKINGS OF THE BORROWER

5.1   The Borrower hereby undertakes with the Subscriber (and the Subscriber
      shall at the Borrower's request do all such things as are reasonable and
      necessary and within its power to assist the Borrower with such
      undertakings) as follows:

      (a)   as soon as practicable following the date of the original
            Subscription Agreement (and in any event not later than 9 October
            2001) to deliver to the Subscriber for approval a draft business
            plan for the Company (the "DRAFT") with the objective of increasing
            revenue and decreasing costs and expenses substantially. To the
            extent that the Subscriber disagrees with the Draft so delivered it
            shall notify the Borrower within 5 business days of receipt of the
            Draft giving details of its disagreement. When the Draft (amended as
            necessary to address any material disagreement of the Subscriber)
            has been approved in writing by the Subscriber (the "BUSINESS PLAN")
            it shall be

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            adopted and implemented by the Company PROVIDED THAT any business
            plan provided by the Borrower in accordance with the original
            Subscription Agreement (in accordance with its terms) shall be
            sufficient to satisfy the undertaking to deliver a business plan in
            this paragraph 5.1(a);

      (b)   it will not, at any time following the date of the original
            Subscription Agreement and prior to the adoption of the Business
            Plan, (i) incur any material expenditure other than expenditure of a
            recurring nature in the ordinary course of business; (ii) incur or
            agree to incur or assume any liability of more than Pound
            Sterling10,000; and (iii) take any action which would be
            inconsistent with the objective of increasing revenue and decreasing
            costs and expenses substantially, in each case without the agreement
            of a SIL Director (as defined in the shareholders' agreement between
            the Subscriber, the Borrower and others and dated July 28, 2000 (the
            "SHAREHOLDERS AGREEMENT"));

      (c)   at all times following adoption of the Business Plan, to observe and
            comply with its terms save to the extent as may otherwise be agreed
            between the Borrower and the Subscriber;

      (d)   to ensure that the Subscriber and its authorised representatives
            shall be allowed access at all reasonable times to examine the books
            and records of the Company and any of its subsidiaries to enable the
            Subscriber to determine whether the Conditions Precedent specified
            in paragraph 2 have been satisfied;

      (e)   forthwith to notify the Subscriber of any material litigation,
            arbitration or administrative proceedings which have been brought or
            (to its knowledge) threatened against the Borrower;

      (f)   as soon as it becomes aware of the same, to notify the Subscriber of
            any occurrence which could materially and adversely affect the
            ability of the Borrower to perform its obligations under this
            Letter;

      (g)   not to grant any Security Interest (as defined in sub-paragraph
            6.1(b) below) over any of its assets and will ensure that its
            obligations under this Letter at all times rank at least pari passu
            with all liabilities of the Borrower, save for any statutory
            preference applicable on the winding-up of the Borrower;

      (h)   forthwith to notify the Subscriber of any fact or circumstance
            likely to constitute an Event of Default (as defined in the Loan
            Notes); and

      (i)   to maintain at all times sufficient authorised but unissued share
            capital to comply in full with its obligations under the Loan Notes.

6.    WARRANTIES

6.1   The Borrower warrants to the Subscriber that:

      (a)   the Borrower has full power, authority and legal right and has taken
            all necessary corporate actions and obtained all necessary consents
            and statutory approvals in order to borrow money on the terms of
            this Letter and the Instrument and to perform its obligations under
            the Loan Documents and this Letter and each of the Loan Documents
            constitute the legal, valid and enforceable obligations of the
            Borrower in accordance with their respective terms;

      (b)   the Borrower has not created or allowed to exist any mortgage,
            charge, pledge, assignment by way of security, hypothecation, lien
            or other encumbrance or security

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            interest (each a "SECURITY INTEREST") over any of its assets and
            there are no such Security Interests currently in existence;

      (c)   neither the borrowing under the Instrument nor the performance by
            the Borrower of its obligations under this Letter or under any of
            the Loan Documents will conflict with any obligation applicable to
            the Borrower;

      (d)   save for an employment tribunal being brought by Simon King against
            the Borrower and the threat of an action by PCB for breach of
            contract with regard to the PCB Agreement, there are no current,
            pending or (to the best of the knowledge and belief of the Borrower)
            threatened actions or proceedings before any court, arbitrator,
            administrative tribunal or governmental authority which might
            materially and adversely affect the business, assets or condition
            (financial or otherwise) or operations of the Borrower or its
            ability to perform its obligations under this Letter;

      (e)   as at July 31, 2001 the Borrower's requirement to discharge
            liabilities on its balance sheet at that date did not exceed Pound
            Sterling400,000;

      (f)   save for the liabilities of the Borrower disclosed to the Subscriber
            in the financial statements of the Company as at July 31, 2001, the
            Borrower did not have any liabilities or indebtedness (including,
            but not limited to, all and any bank indebtedness, lease
            obligations, hire purchase agreements (however expensed), guarantees
            and indemnities) at that date;

      (g)   save for the PCB Agreement (as defined in paragraph 2.2(b) above),
            the TNQ Agreement (as defined in the Warrant), the Loan Notes and
            the Warrant, there are no agreements, arrangements or other
            commitments of the Company to issue shares or grant any interest or
            other right over any shares of the Company; and

      (h)   the Company owns or has a valid licence to use any computer software
            which it uses in its business and the Company is not in breach of
            the terms of any computer software licence with third parties.

      The warranties at sub-paragraphs 6.1(a) to 6.1(d) and 6.1(h) shall be
      repeated daily with reference to the facts and circumstances at the time
      of repetition until all monies due under Loan Notes have been discharged
      and/or paid in full and the Borrower hereby covenants that such warranties
      shall be true, correct and accurate when so repeated by reference to the
      facts existing at that time.

6.2   If the warranty at sub-paragraph 6.1(f) is not correct then, without
      prejudice to any other right or remedy of the Subscriber, the value of "V"
      used to determine the Issue Price (as defined in the Loan Notes) shall be
      re-calculated in accordance with the following formula:

                       V(1) = Pound Sterling320,000 -- D

      where, "V(1)" represents the adjusted value to be substituted for "V" used
      to determine the Issue Price; and "D" represents an amount equal to the
      aggregate amount of liabilities and indebtedness (including, but not
      limited to, all and any bank indebtedness, lease obligations, hire
      purchase agreements (however expensed), guarantees and indemnities) which
      were not disclosed in the financial statements of the Company as at March
      31, 2002.

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7.    SUBSCRIBER'S RIGHTS

      Until the later to occur of (i) redemption or Conversion (as defined in
      the Loan Notes) of any outstanding Loan Notes in full; or (ii) expiry of
      the obligation of the Subscriber to subscribe for any Loan Notes pursuant
      to paragraph 3 above, the Borrower:

      (a)   agrees to take all such action within its power and control to
            procure that the Subscriber's nominee (from time to time) shall be
            appointed and remain appointed as managing director of the Company;

      (b)   shall require the agreement of the Subscriber before materially
            amending the Business Plan or budgets of the Company or adopting a
            business plan to extend or replace the Business Plan, in which case
            no such amendment, extension or replacement shall be made or adopted
            in a form which has not been agreed by the Subscriber; and

      (c)   agrees to give the Subscriber: (i) at least 10 business days notice
            in writing of any proposed issue of shares by the Company (other
            than an issue of shares pursuant to the Warrant, an employee share
            scheme adopted by the Company or Conversion of the Loan Notes (as
            defined in the Loan Notes)); and (ii) at least 5 business days
            notice in writing of any proposed issue of shares by the Company to
            anyone other than the Subscriber pursuant to the Warrant or
            Conversion of the Loan Notes, in each case such notice to identify
            the proposed allottee, the number of shares proposed to be issued
            and the issue price per share.

8.    ASSIGNMENT AND TRANSFER BY THE SUBSCRIBER

8.1   The Subscriber may at any time assign, transfer or novate any or all of
      its rights and/or obligations under the Loan Documents, or any of them, to
      any third party (a "THIRD PARTY").

8.2   A transfer of obligations will be effective only if the obligations are
      novated in accordance with sub-paragraph 8.4 below.

8.3   The Borrower hereby consents to any such novation and transfer of
      obligations to a Third Party.

8.4   A novation shall be effected upon:

      (a)   the Subscriber and the Third Party delivering to the Borrower a duly
            completed deed of novation, in substantially the form of Schedule 5
            but subject to such variation as the Subscriber and the Third Party
            consider desirable in the context, executed by the Subscriber and
            the Third Party (the "DEED OF NOVATION"); and

      (b)   the Borrower executing the Deed of Novation (which the Borrower
            shall promptly do).

8.5   For the purpose of effecting a novation as aforesaid, the Borrower hereby
      irrevocably appoints the Subscriber to be its attorney to execute, sign
      and deliver any Deed of Novation on its behalf.

8.6   Other than as provided in paragraph 8.1 of this Letter, neither the
      Subscriber, the Borrower nor any Third Party may assign, transfer or
      novate any or all of its rights and/or obligations under this Letter or
      any of the Loan Documents.

9.    NOTICES

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9.1   Any notice or demand given or made in connection with this letter shall be
      sent to the representative of the Subscriber and to the Borrower
      respectively in accordance with the details given in Schedule 7 hereto or
      such other address as the relevant party may from time to time notify to
      the other. Notices shall be in writing and either delivered by hand
      (including by courier) or by fax. A communication shall be deemed to have
      been served: (i) if delivered by hand at the address referred to in
      Schedule 7, at the time of delivery; and (ii) if sent by facsimile to the
      number referred to in Schedule 7, at the time of completion of successful
      transmission by the sender.

9.2   If a communication would otherwise be deemed to have been delivered
      outside normal business hours (being 9:30 a.m. to 5:30 p.m. on a business
      day) in the time zone of the territory of the recipient under the
      preceding provisions of this paragraph, it shall be deemed to have been
      delivered at the next opening of such business hours in the territory of
      the recipient.

9.3   In proving service of the communication, it shall be sufficient to show
      that delivery by hand was made or that the facsimile was despatched and a
      confirmatory transmission report received.

10.   COUNTERPARTS

      This letter may be executed by the different parties hereto in separate
      counterparts (including facsimile copies), each of which when so executed
      and delivered shall be deemed an original, but all such counterparts
      together shall constitute one and the same instrument. Signature pages may
      be detached from multiple counterparts and attached to a single
      counterpart so that all signature pages are physically attached to the
      same document.

11.   THIRD PARTY RIGHTS

      With the exception of any Third Party, a person who is not a party to this
      Letter shall have no right under the Contracts (Rights of Third Parties)
      Act 1999 to enforce any of its terms. This provision shall not affect any
      right or remedy of any third party which exists or is available otherwise
      than by reason of that Act and shall prevail over any other provision of
      this Letter which is inconsistent with it.

12.   DISCLOSURE

      The parties agree that the terms of this letter and related documents may
      be disclosed by the Subscriber to any potential Third Party or to
      potential investors in or lenders to the Company and, with the prior
      written consent of the Subscriber, by the Borrower to potential investors
      in or lenders to the Company but not otherwise by the Subscriber or the
      Borrower, unless so required by law or the rules of any relevant
      regulatory authority.

13.   COSTS

      The Borrower and the Subscriber shall bear their own costs in connection
      with the preparation and entering into of the Loan Documents.

14.   FURTHER ASSURANCE

      Each party to this Letter shall execute such further documents and perform
      and do such further acts and things following its execution as the other
      party may reasonably request in writing in order to carry the provisions
      of this Letter into full effect. The Borrower and the Subscriber shall
      bear their own costs and expenses in carrying out any such request.

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15.   ENTIRE AGREEMENT

      This Letter and the documents referred to herein set out the entire
      agreement and understanding between the parties relating to the subject
      matter hereof and to the extent that any other agreement or arrangement
      between the parties conflicts with the provision of this Letter, the
      provisions of this Letter shall prevail.

16.   GOVERNING LAW AND JURISDICTION

      This letter and the rights and obligations of the parties under it shall
      be governed by and construed in accordance with the laws of England and
      the parties hereto submit to the exclusive jurisdiction of the English
      Courts.

Please confirm your acceptance of the foregoing terms and conditions by signing
and returning to us the duplicate of this letter. In consideration of you
signing and returning the duplicate of this letter the Subscriber will subscribe
for Loan Notes upon the terms set out in this Letter.

EXECUTED AND DELIVERED by the parties hereto or by their duly authorised
representatives as a deed the day and year first before written

EXECUTED as a DEED by               )
SATYAM INFOWAY LIMITED              )
acting by:                          )

....................................
Authorised Signatory
Name:
Title:

....................................
Authorised Signatory
Name:
Title:

EXECUTED as a DEED by               )
CRICINFO LIMITED                    )
acting by:                          )

....................................
Director

....................................
Director/Secretary

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                                   SCHEDULE 1

                              Loan Note Instrument

           DATED_____________________________________________May 2002

                                CRICINFO LIMITED

                      -------------------------------------
                         AMENDED AND RESTATED INSTRUMENT

                      Constituting Pound Sterling1,600,000
                      Unsecured Convertible Loan Notes 2004

                      -------------------------------------

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THIS INSTRUMENT is entered into the ____ day of May 2002 by CricInfo Limited a
company registered in England under number 3215055 and whose registered office
is at Hartham Park, Corsham, Wiltshire SN13 0RP (the "COMPANY") for the purposes
of constituting the Loan Notes, as defined in the conditions in the form set out
in the Second Schedule hereto (the "CONDITIONS"), and created pursuant to
Resolutions of its Board of Directors (being duly empowered and authorised by
the Memorandum and Articles of Association of the Company) passed on 7 September
2001 and __ May 2002.

Without prejudice to the rights of Loan Noteholders (as defined in the
Conditions) under existing issued Loan Notes, this instrument amends and
replaces the Instrument entered into by the Company and dated 5 October 2001.

NOW THIS INSTRUMENT WITNESSETH and the Company HEREBY DECLARES AS FOLLOWS:-

1.    The aggregate principal amount of the Loan Notes is limited to a maximum
      nominal aggregate amount of Pound Sterling1,600,000, being the maximum sum
      available to the Company from Satyam Infoway Limited or any third party
      entitled to subscribe (the "SUBSCRIBER") in accordance with the terms and
      conditions of a subscription letter dated the date of this Instrument (the
      "LETTER").

2.    The Loan Notes shall be designated Unsecured Convertible Loan Notes 2004
      of the Company and shall rank as unsecured obligations of the Company.

3.    The certificates for the Loan Notes (the "CERTIFICATES") shall be issued
      to the Subscriber in accordance with the terms of the Letter upon drawdown
      of their respective amounts made available pursuant to the Letter and in
      the form or substantially in the form set out in the First Schedule hereto
      and each Certificate shall have endorsed thereon or attached thereto the
      Conditions.

4.    The Company shall execute every Certificate as a deed. The Company hereby
      covenants with each Loan Noteholder that it shall comply with the terms of
      this Instrument, the Certificates and the Letter and shall perform and
      observe the Conditions endorsed on the Certificates and the Loan Notes
      shall be held subject to the Conditions, all of which Conditions shall be
      deemed to be incorporated in this Instrument and shall be binding on the
      Company and the Loan Noteholders (as defined in the Conditions) and all
      persons claiming through or under them respectively. In particular the
      Company shall in all respects comply with the provisions as to redemption
      and repayment of the Loan Notes and payment of interest thereon. Words and
      expressions defined in and the provisions as to interpretation set out in
      the Conditions shall apply for the purposes of this Instrument.

5.    The provisions of the Second Schedule relating to the giving of Notices
      shall also apply for the purposes of any notices to be given under or
      pursuant to this Instrument.

6.    Any reference to this Instrument means this Instrument and all its
      schedules (including the conditions in the form set out in the Second
      Schedule hereto) as from time to time modified in accordance with the
      provisions herein contained.

7.    This Instrument shall be governed by and construed in accordance with
      English Law and the Company hereby irrevocably submits to the exclusive
      jurisdiction of the English Courts for all purposes in connection
      therewith.

IN WITNESS whereof this Instrument has been duly executed by the Company on the
day and year first above written

                                       13
<PAGE>

EXECUTED as a Deed and DELIVERED    )
by CRICINFO LIMITED                 )
acting by:                          )

                                         Director ..............................

                                         Director/Secretary ....................

                                       14
<PAGE>

                               THE FIRST SCHEDULE

                                   CERTIFICATE

                               No ...............

             Nominal amount of Unsecured Convertible Loan Notes 2004
   in a maximum aggregate amount of Pound Sterling1,600,000 (the "LOAN NOTES")

                                CRICINFO LIMITED
              (Incorporated in England & Wales with number 3215055)
                                 (the "COMPANY")

                          -----------------------------

                created and issued pursuant to the Memorandum and
                   Articles of Association of the Company and
                   resolutions of the Directors of the Company
                   passed on 7 September 2001 and __ May 2002

THIS IS TO CERTIFY that:

Name: ............................................

Address: ........................................

         .........................................

         .........................................

is/are the registered holder(s) of Pound Sterling __ of the Loan Notes, which
Loan Notes are constituted by an amended and restated instrument dated __ May
2002 entered into by the Company and is issued with the benefit of and subject
to the provisions contained therein and in the Conditions set out in the Second
Schedule thereto which are endorsed hereon or attached hereto (the
"INSTRUMENT").

The Company covenants duly to perform and observe the obligations imposed on it
in the Instrument.

Words and expressions defined in the Instrument shall bear the same meaning on
this certificate.

The Loan Notes and the Instrument are governed by, and construed in accordance
with, English law.

IN WITNESS WHEREOF this certificate has been executed as a Deed this __ day of
__ 200_ by the Company pursuant to the terms of the Instrument.

EXECUTED as a Deed and DELIVERED    )
by CRICINFO LIMITED                 )
acting by:                          )

                                        Director ...............................

                                        Director/Secretary .....................

                                       15
<PAGE>

                               THE SECOND SCHEDULE

                                   CONDITIONS

1.    RANKING AND DEFINITIONS

1.1   The Loan Notes to be issued by the Company are limited in maximum nominal
      amount to Pound Sterling1,600,000. Each of the Loan Notes rank pari passu
      without any discrimination or preference.

1.2   In these Conditions and in the Instrument (as hereinafter defined) unless
      the context otherwise specifically provides the following expressions
      shall have the following meanings:-

      "Business Day"          any day (other than a Saturday) on which banks are
                              open for business in the City of London;

      "Company"               CricInfo Limited;

      "Conversion"            the conversion of some or all of a Loan
                              Noteholder's Loan Notes into New Shares pursuant
                              to Condition 4;

      "Letter"                the amended and restated subscription letter
                              signed on behalf of Satyam Infoway Limited
                              ("SATYAM") and the Company dated __ May 2002;

      "Instrument"            the amended and restated instrument of the Company
                              constituting the Loan Notes and dated __ May 2002;

      "Issue Price"           the amount per New Share equal to the product of
                              dividing V by S, where:

                              (i)     "V" shall equal Pound Sterling320,000, or
                                      such other amount as determined in
                                      accordance with paragraph 6.2 of the
                                      Letter; and

                              (ii)    "S" shall be the number of shares in the
                                      Company's equity share capital (as defined
                                      in S.744 Companies Act 1985) then in issue
                                      or over which the Company has granted any
                                      option or other right or interest (save
                                      for options granted pursuant to any
                                      employee share option scheme adopted by
                                      the Company or shares issued upon
                                      Conversion),

                              PROVIDED THAT (a) notwithstanding the Company's
                              arrangements for the issue of shares to PCB or to
                              TNQ pursuant to the PCB Agreement and the TNQ
                              Agreement respectively (as such terms are defined
                              in the Warrant) only such number of shares
                              actually issued by the Company to PCB and/or TNQ
                              pursuant to or in connection with the PCB
                              Agreement and/or the TNQ Agreement shall be taken
                              into account when determining the value of "S";
                              and (b) the Issue Price shall be deemed to be
                              Pound Sterling0.001 to the extent that the above
                              calculation would, save for this proviso, result
                              in an Issue Price of less than that amount.

      "Loan Noteholder(s)"    the person(s) for the time being entered in the
                              Register which the Company under these Conditions
                              is required to maintain as holders of the Loan
                              Notes;

                                       16
<PAGE>
      "Loan Notes"            the Unsecured Convertible Loan Notes 2004 or, as
                              the case may require, any part thereof for the
                              time being issued and outstanding;

      "New Shares"            new ordinary shares of Pound Sterling0.001 each in
                              the capital of the Company;

      "Security Interest"     means, in any jurisdiction, any mortgage, pledge,
                              lien, charge, assignment, hypothecation or
                              security interest or any other agreement or
                              arrangement having the effect of conferring
                              security; and

      "Warrant"               the warrant issued by the Company to Satyam and
                              dated __ May 2002.

2.    REDEMPTION AND THE PAYMENT OF PRINCIPAL AND INTEREST

2.1   Subject as otherwise provided in these Conditions, the Company shall
      redeem the Loan Notes in full at par together with any interest
      outstanding on 5 October 2004.

2.2   Upon redemption, the Company shall pay to the Loan Noteholder or Loan
      Noteholders concerned the principal monies on the Loan Notes held by them
      together with interest accrued thereon but unpaid at the rate referred to
      in Condition 2.3 up to and including the date of repayment.

2.3   So long as principal moneys shall be outstanding on any Loan Notes the
      Company shall pay to each of the Loan Noteholders interest on the
      principal amount of the Loan Notes held by it at the rate of eight per
      cent per annum. Such interest shall be deemed to accrue on a daily basis
      and will be calculated on the basis of a 365 day year and is payable every
      six months on 5 April and 5 October in each year and upon redemption of
      the Loan Notes.

2.4   In the event the Company fails to redeem the Loan Notes in accordance with
      Condition 2.1 or convert the Loan Notes when due for conversion in
      accordance with these Conditions, interest on the principal amount shall
      be payable at the rate of ten per cent per annum.

2.5   All sums becoming payable by the Company under the Loan Notes shall be
      made in full without set-off or counterclaim or any deduction or
      withholding for or on account of any present or future taxes, duties,
      charges or fees of any kind save as required by law. The Company shall not
      be obliged to increase its payments to the Loan Noteholders when tax is
      deducted from any interest.

2.6   Upon the occurrence of any of the following events (each an "EVENT OF
      DEFAULT") a Loan Noteholder may declare the Loan Notes to be due and
      payable whereupon the same shall become so due and payable together with
      any accrued but unpaid interest and any other sums owed by the Company
      under these Conditions:

      2.6.1  the Company does not pay upon the due date any amount payable by it
             under these Conditions in the manner in which it is expressed to be
             payable in these Conditions;

      2.6.2  any action is taken in any jurisdiction for the suspension of
             payments by, or dissolution, winding-up, termination of existence,
             liquidation, insolvency administration, or bankruptcy of the
             Company, or a liquidator, trustee, administrator, receiver,
             administrative receiver, manager or similar officer is appointed in
             respect of the Company or in respect of any part of its respective
             assets;

      2.6.3  the Company is or is deemed unable or admits in writing its
             inability to pay its debts as they fall due (provided always that
             the issue by the Company of a Drawdown

                                       17
<PAGE>

             Notice shall not constitute such deemed or admitted inability) or
             any distress, execution, attachment or other process affects any
             assets of the Company;

      2.6.4  any material legal or regulatory authorisation, approval, consent,
             licence, exemption, filing registration or notarisation or other
             legal or regulatory requirement necessary to enable the Company to
             comply with its obligations under these Conditions, or the Letter
             is modified, revoked or withheld or does not remain or proves not
             to have been in full force and effect;

      2.6.5  the Company fails to comply and remains in non-compliance with any
             other provision of these Conditions, the Instrument or the Letter
             in any material respect;

      2.6.6  at any time it is unlawful for the Company to perform any of its
             obligations under these Conditions, the Instrument or the Letter;
             or

      2.6.7  any material adverse change occurs in the business, financial
             position or trading prospects of the Company since the date of
             issue of the relevant Loan Notes which might reasonably have or has
             a material adverse affect on the Borrower's ability to perform any
             of its obligations under these conditions, the Instrument or the
             Letter.

3.    REPAYMENT, PURCHASE AND CANCELLATION

3.1   The Company may not redeem the Loan Notes or any of them in whole or in
      part except as may be expressly agreed with the relevant Loan Noteholder.

3.2   Any Loan Notes redeemed by the Company shall be cancelled and the Company
      shall not be entitled to keep the same alive for the purposes of re-issue
      or to re-issue the same.

3.3   On any partial repayment or partial Conversion the relevant Certificate
      shall be endorsed by the Company with a Memorandum thereof.

3.4   On or before the due date for redemption by the Company of any Loan Notes,
      the Loan Noteholder whose Loan Notes are to be redeemed shall be bound to
      deliver to the Company's registered office a certificate or certificates
      for the Loan Notes registered in his name and, upon the later of such
      delivery and the due date for redemption aforesaid, the Company shall pay
      to such Loan Noteholder the amount payable to him in respect of the
      redemption.

4.    CONVERSION

4.1   Subject as provided in Condition 4.5 below, a Loan Noteholder shall be
      entitled at any time on giving five Business Days' written notice to the
      Company (the "CONVERSION NOTICE"), to convert some or all of the principal
      amount outstanding under the Loan Noteholder's respective Loan Notes plus
      accrued but unpaid interest thereon into such number of New Shares
      calculated by dividing the amount of principal and interest then being
      converted (the "RELEVANT PRINCIPAL AND INTEREST") by the Issue Price. The
      Conversion Notice should be signed on behalf of the relevant Loan
      Noteholder, should state the amount of Relevant Principal and Interest and
      should be accompanied by the original Certificate.

4.2   As soon as practicable following receipt of a Conversion Notice from a
      Loan Noteholder (a "CONVERTING LOAN NOTEHOLDER") but in any event within
      five Business Days of such receipt, the Company shall allot and issue New
      Shares to the Converting Loan Noteholder in satisfaction of the Relevant
      Principal and Interest.

4.3   New Shares allotted on conversion shall be credited as fully paid and
      shall rank pari passu and form one class with the ordinary shares of the
      Company in issue on such date.

                                       18
<PAGE>

4.4   For the purposes of calculating the number of shares arising on conversion
      of all or part of any Loan Notes, fractional entitlement to New Shares on
      conversion shall be rounded down to the nearest whole number and any
      amount representing the fractional entitlement shall be repaid to the
      Converting Loan Noteholder or, in the event of a partial conversion, shall
      be added to the then outstanding principal amount of such Converting Loan
      Noteholder's Loan Notes.

4.5   Save with the prior written consent of Satyam, prior to serving a
      Conversion Notice any non Satyam Loan Noteholder shall provide Satyam
      (with a copy to the Company for information) with an executed original of
      an irrevocable undertaking in substantially the form set out in each of
      Schedule 4A and Schedule 4B of the Letter.

5.    COMPANY COVENANTS

5.1   The Company shall ensure that, at all times whilst any Loan Notes remain
      outstanding, the Company shall have sufficient authorised but unissued
      share capital to comply with its obligations hereunder.

5.2   The Company shall not except with the consent of Loan Noteholders holding
      individually or together more than fifty per cent (50%) in nominal value
      of all outstanding Loan Notes:

      5.2.1  recommend or declare or pay any dividend or make any distribution
             of a capital nature or repurchase or redeem any shares or options
             or warrants for shares;

      5.2.2  create or permit to subsist any Security Interest (as defined in
             sub-paragraph 6.1(b) of the Letter);

      5.2.3  incur any indebtedness in excess of Pound Sterling100,000;

      5.2.4  incur any capital expenditure on any one item or series of related
             items in excess of Pound Sterling10,000; or

      5.2.5  sell, transfer, loan or otherwise dispose of all or any of any of
             its assets, revenues or undertaking other than sales in the
             ordinary course of trading consistent with the Business Plan (as
             defined in paragraph 5(a) of the Letter).

5.3   Save to the extent required to comply with the conditions of any Loan
      Note, the Company shall not, except with the consent of Loan Noteholders
      holding individually or together more than fifty per cent (50%) in nominal
      value of all outstanding Loan Notes, increase the amount of its authorised
      or issued share capital, issue and allot shares, grant any option (save
      for options granted pursuant to any employee share option scheme adopted
      by the Company) or other interest (in the form of convertible securities
      or in any other form) over or in its share capital, redeem or purchase any
      of its own shares or effect any other reorganisation of its share capital.

6.    THE REGISTER AND CERTIFICATES

6.1   The Company shall at all times keep at its principal office an accurate
      register of the Loan Noteholders (the "REGISTER"). The Loan Noteholders
      and any persons entitled to any of the Loan Notes or any of them and any
      person authorised in writing by any of them shall be at liberty at all
      reasonable times during office hours to inspect the Register and (upon
      payment of the cost of copying the same, if appropriate) to take copies
      thereof and extracts therefrom or any part thereof.

                                       19
<PAGE>

6.2   Every Loan Noteholder shall be entitled free of charge to a certificate
      for the Loan Notes held by it and, entitled upon surrender of the relevant
      original certificates or an appropriate indemnity for lost certificate, to
      sub-divide or consolidate a holding of Loan Notes and be issued free of
      charge with an appropriate number of certificates in respect thereof.

6.3   If this Certificate is worn out, defaced, lost or destroyed it may be
      renewed on such terms as to evidence, identity, indemnity and
      reimbursement of expenses incurred by the Company in investigating or
      verifying title as the Directors of the Company reasonably require
      provided that in the case of defacement this Certificate must be
      surrendered before a new Certificate is issued.

7.    RECOGNITION OF NOTEHOLDERS

7.1   The Company shall recognise the registered Loan Noteholder as the absolute
      owner of a Loan Note and (except as required by law) shall not be bound to
      take notice or see to the execution of any trust whether express, implied
      or constructive to which any Loan Note may be subject and the receipt of
      the registered holder for the time being of any Loan Note or in the case
      of joint registered holders the receipt of any of them for any money
      payable in respect of the Loan Note shall be a good discharge to the
      Company notwithstanding any notice it may have whether express or
      otherwise to the right, title or claim of any other person to or in the
      Loan Note or money. No notice of any trust, express, implied or
      constructive shall be entered on the Register in respect of any Loan Note.

8.    PROCEDURE FOR PAYMENT

8.1   Any principal interest or other monies repayable or payable hereunder on
      or in respect of any Loan Notes shall be paid, upon becoming due, to the
      account of the Loan Noteholder notified to the Company for such purpose.

9.    MODIFICATION OF RIGHTS/MEETINGS OF LOAN NOTEHOLDERS

9.1   Any amendment to the Instrument or these Conditions may only be made by
      the Company with the sanction of a written resolution of all the Loan
      Noteholders.

9.2   The Company or Loan Noteholders holding not less than ten per cent. (10%)
      in nominal value of the Loan Notes for the time being outstanding may at
      any time convene a meeting of the Loan Noteholders and the provisions of
      the Company's articles of association with regard to general meetings
      shall mutatis mutandis apply to any such meeting except that the necessary
      quorum shall be one Loan Noteholder at least holding or representing by
      proxy not less than fifty per cent. (50%) in nominal value of the Loan
      Notes for the time being outstanding.

10.   TRANSFER OF NOTES

10.1  The Loan Notes may be transferred, assigned or pledged as security in
      whole or in part by the Subscriber (as defined under the Letter).

11.   NOTICES

11.1  Any notice or document (other than any remittance) required or permitted
      to be given to or served on one party hereto by another party shall be in
      writing and shall be given or served by delivering or despatching the same
      by one of the methods set out in the Letter to the addresses set out in
      the Letter.

13.   CHOICE OF LAW AND SUBMISSION TO JURISDICTION

                                       20
<PAGE>

13.1  The terms and conditions of the Loan Notes shall be governed by and
      construed in accordance with English law.

13.2  The Company and each Loan Noteholder each irrevocably submit for all
      purposes of or in connection with the Loan Notes or the certificates
      therefor to the exclusive jurisdiction of the English Courts.

                                       21
<PAGE>

                                   SCHEDULE 2

                            Form of Board Resolution

                                     PART I

"THAT the amended and restated loan note subscription letter proposed to be
entered into between CricInfo Limited and Satyam Infoway Limited [and tabled to
the meeting][attached hereto] (including the documents in the Schedules thereto)
(the "LETTER") be and is hereby approved and that:

(i)     any two directors or any one director and the Secretary be and are
        hereby authorised to execute and deliver the Letter as a deed on behalf
        of the Company;

(ii)    any two directors or any one director and the Secretary be and are
        hereby authorised to execute and deliver an instrument as a deed (in
        substantially the form set out in Schedule 1 to the Letter) constituting
        the Loan Notes (as defined in the conditions set out in Schedule 1 to
        the Letter);

(iii)   any two directors or any one director and the Secretary be and are
        hereby authorised to execute and deliver certificates as deeds, from
        time to time as required by the Letter and the Loan Notes, in
        substantially the form set out in the First Schedule to Schedule 1 of
        the Letter; and

(iv)    the issue by the Company of New Shares (as defined in the conditions set
        out in Schedule 1 to the Letter) upon conversion of the Loan Notes or
        any of them be and is hereby approved for the purpose of Clause 9.1 of
        the shareholders' agreement (as defined in paragraph 5 of the Letter)
        and the Company's Articles of Association."

                                     PART II

"THAT pursuant to article 18 of the Company's articles of association, T.
Santhanakrishnan and G. Zacharias and/or any other SIL Director appointed from
time to time (two of whom shall be required for a quorum) be appointed a
committee of the board of directors to solicit, in compliance with all
applicable law and regulation, investors or lenders to invest in or lend money
to the Company and to do all such things and execute and approve all such
documents as may be necessary to implement and complete any such investment or
loan on such terms and subject to such conditions as the committee shall think
fit and to carry such transaction(s) into full force and such committee shall
remain in existence, and shall be entitled to exercise such power, only during
the period from the date of this resolution until such time as Satyam Infoway
Limited (together with any of its subsidiary or holding companies) holds in
excess of 75% of the total issued equity share capital of the Company. In
respect of the proceedings of the committee constituted hereunder, the following
provisions shall apply:

(i)     any actions taken by the committee shall not result in a breach of any
        provision of the Loan Documents (as defined in paragraph 2.1 of the
        letter) or the Shareholders Agreement;

(ii)    any actions proposed to be taken by the committee which are material to
        the Company will be referred back to the full Board for its prior
        authorisation; and

(iii)   the committee shall provide regular reports to the full Board of all
        things done or contemplated to be done by it."

                                       22
<PAGE>

                                   SCHEDULE 3

                               [schedule deleted]

                                       23
<PAGE>

                                   SCHEDULE 4A

                         Form of Irrevocable Undertaking

Satyam Infoway Limited
2nd Floor
Tidel Park
Taramani
Chennai 600 113
India

                                                                          [date]
Dear Sirs

IRREVOCABLE UNDERTAKING

I refer to the loan note subscription letter between Cricinfo Limited (the
"Company") and Satyam Infoway Limited (the "Subscriber") dated 5 October, 2001
(the "LETTER"). Save where the contrary is expressed to be the case, terms and
expressions used in this letter which are defined in the Letter shall have the
same meaning herein as therein.

The Letter contemplates, inter alia, the appointment of the Subscriber's nominee
to the office of managing director of the Company until the later to occur of
(i) redemption or Conversion of all of the outstanding Loan Notes in full; or
(ii) expiry of the obligation of the Subscriber to subscribe for any Loan Notes
pursuant to paragraph 3 of the Letter (paragraph 7(a) of the Letter refers) (the
"APPOINTMENT").

In order to facilitate the Appointment and until such time as the Subscriber
shall no longer be entitled under the terms of the Letter to make the
Appointment, I hereby warrant to and irrevocably undertake to you that:-

1.    I am the beneficial owner of _____ ordinary shares of Pound Sterling0.001p
      each in the capital of the Company (the "SHARES") free from all
      encumbrances and third party rights;

2.    Save to the extent that to do so would constitute a deemed transfer under
      Article 8.2 of the Company's articles of association, I will exercise all
      of the voting rights attaching to the Shares in voting in favour of any
      resolution proposed to make or facilitate the making of the Appointment;
      and

3.    I will not dispose of any interest (including a security interest) in any
      of the Shares without first procuring the assignee, transferee or third
      party encumbrancer (i) to enter into an undertaking with you in like form
      to this Undertaking in respect of the interest disposed of and (ii) to
      deliver the same to you.

      The restrictions in this paragraph 3 shall not apply:

      (a)   on the admission to listing of shares in the Company or in a holding
            company on the Official List of the UKLA (and the admission of such
            shares to trading on the London Stock Exchange) or other
            internationally recognised securities exchange;

      (b)   to the sale or other transfer of shares in the Company pursuant to
            an acceptance of any general offer made by any third party for the
            share capital of the Company (other than any share capital owned by
            the offeror or any person acting in concert with the offeror);

                                       24
<PAGE>

      (c)   to a compromise or arrangement under Section 425 of the Companies
            Act 1985 providing for the acquisition of fifty per cent. or more of
            the equity share capital of the Company;

      (d)   to an offer by the Company to purchase shares in the capital of the
            Company which is made in identical terms to all holders of shares;
            or

      (e)   to any disposal in connection with any sale or arrangement pursuant
            to Section 110 of the Insolvency Act 1986

      and, for the purposes of this paragraph 3, "holding company" shall mean a
      company holding shares representing at least 75 per cent of the issued
      share capital of the Company on a fully diluted basis.

This Undertaking shall be governed by English law.

--------------------------------------------------------------------------------
EXECUTED and DELIVERED as a deed by         |  )
[              ]                            |  )
in the presence of:-                        |  )
                                            |
Signature of Witness:                       |
                                            |
Name of Witness:                            |
                                            |
Address of Witness:                         |
                                            |
Occupation of Witness:                      |
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                                       25
<PAGE>

                                   SCHEDULE 4B

                         Form of Irrevocable Undertaking

Satyam Infoway Limited
2nd Floor
Tidel Park
Taramani
Chennai 600 113
India

                                                                          [date]
Dear Sirs

IRREVOCABLE UNDERTAKING

I refer to the loan note subscription letter between Cricinfo Limited (the
"Company") and Satyam Infoway Limited (the "Subscriber") dated 5 October, 2001
(the "LETTER"). Save where the contrary is expressed to be the case, terms and
expressions used in this letter which are defined in the Letter shall have the
same meaning herein as therein.

Resolution (v) in Schedule 2 to the Letter contemplates, inter alia, the
delegation to a committee of the board (the "COMMITTEE") comprising each of the
SIL Directors (from time to time appointed) of the board's power to solicit
investors or lenders to invest in or lend money to the Company on terms which
the committee shall think fit.

In order to facilitate such delegation and for such time as any such delegation
shall be capable of being made, I hereby warrant to and irrevocably undertake to
you that:-

1.    I am the beneficial owner of _____ ordinary shares of Pound Sterling0.001p
      each in the capital of the Company (the "SHARES") free from all
      encumbrances and third party rights;

2.    Save to the extent that to do so would constitute a deemed transfer under
      Article 8.2 of the Company's articles of association, I will exercise all
      of the voting rights attaching to the Shares in voting in favour of an
      issue of the Company's shares to investors on terms considered by the
      Committee to be in the best interests of the Company and to use all
      reasonable endeavours to facilitate any such issue; and

3.    I will not dispose of any interest (including a security interest) in any
      of the Shares without first procuring the assignee, transferee or third
      party encumbrancer (i) to enter into an undertaking with you in like form
      to this Undertaking in respect of the interest disposed of and (ii) to
      deliver the same to you.

      The restrictions in this paragraph 3 shall not apply:

      (a)   on the admission to listing of shares in the Company or in a holding
            company on the Official List of the UKLA (and the admission of such
            shares to trading on the London Stock Exchange) or other
            internationally recognised securities exchange;

      (b)   to the sale or other transfer of shares in the Company pursuant to
            an acceptance of any general offer made by any third party for the
            share capital of the Company (other than any share capital owned by
            the offeror or any person acting in concert with the offeror);

                                       26
<PAGE>

      (c)   to a compromise or arrangement under Section 425 of the Companies
            Act 1985 providing for the acquisition of fifty per cent. or more of
            the equity share capital of the Company;

      (d)   to an offer by the Company to purchase shares in the capital of the
            Company which is made in identical terms to all holders of shares;
            or

      (e)   to any disposal in connection with any sale or arrangement pursuant
            to Section 110 of the Insolvency Act 1986

      and, for the purposes of this paragraph 3, "holding company" shall mean a
      company holding shares representing at least 75 per cent of the issued
      share capital of the Company on a fully diluted basis.

This Undertaking shall be governed by English law.

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EXECUTED and DELIVERED as a deed by         |  )
[              ]                            |  )
in the presence of:-                        |  )
                                            |
Signature of Witness:                       |
                                            |
Name of Witness:                            |
                                            |
Address of Witness:                         |
                                            |
Occupation of Witness:                      |
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                                       27
<PAGE>

                                   SCHEDULE 5

                            Form of Deed of Novation

                          DATED                    200_

                                CRICINFO LIMITED

                                       and

                             SATYAM INFOWAY LIMITED

                                       and

                              [NAME OF THIRD PARTY]

                                DEED OF NOVATION

                                       28
<PAGE>

THIS DEED is made on                                     200_

BETWEEN:

(1)     CRICINFO LIMITED a company registered in England under Number 3215055
        whose registered office is at Hartham Park, Corsham, Wiltshire SN13 0RP
        ("BORROWER");

(2)     SATYAM INFOWAY LIMITED whose registered office is at 2nd Floor, Tidel
        Park Taramani, Chennai 600 113, India ("SUBSCRIBER"); and

(3)     [NAME OF THIRD PARTY] [of] [a company registered in England under Number
        [       ] whose registered office is at] [            ] ("THIRD PARTY").

WHEREAS:

(A)     This Deed is supplemental to an amended and restated loan note
        subscription agreement made between (1) Borrower and (2) Subscriber and
        dated __ May 2002 (the "AGREEMENT").

(B)     The parties hereto have agreed to novate [all][part of] the Agreement so
        that [to the extent specified in this Deed] Third Party replaces
        Subscriber as a party thereto and the benefit and burden thereof shall
        be deemed to be vested in Third Party in place of Subscriber.

IT IS AGREED as follows:-

1.      Save where the contrary is expressed to be the case, terms and
        expressions used in this Deed which are defined in the Agreement shall
        have the same meaning herein as therein.

2.      The [Agreement is][rights and obligations of Subscriber under the
        Agreement with respect only to [specify rights and obligations to be
        transferred] are] hereby novated by the substitution of Third Party for
        Subscriber as a party to the Agreement [to the extent required].

3.      Notwithstanding any provision to the contrary contained in the
        Agreement, Borrower and the Subscriber hereby confirm their consent and
        agreement to the novation effected by Clause 2 above.

4.      Third Party undertakes, and shall be deemed to have so undertaken with
        effect from the date hereof, to observe and perform [all the terms and
        conditions of the Agreement][specify relevant terms and conditions to be
        transferred] as if Third Party had been a party thereto and named
        therein instead of Subscriber but Third Party shall not be liable for
        any antecedent breach of the Agreement.

5.      Borrower hereby releases and discharges Subscriber with effect from the
        date hereof from all claims, demands, duties, obligations,
        responsibilities and liabilities whatsoever in respect of [all the terms
        and conditions of the Agreement][specify relevant terms and conditions
        to be transferred] provided that any such release shall not affect the
        rights of the Borrower in respect of any antecedent breach of the
        Agreement.

6.      Borrower hereby undertakes, and shall be deemed to have undertaken with
        effect from the date hereof, to observe and perform [all the terms and
        conditions of the Agreement][specify relevant terms and conditions to be
        transferred] as if Third Party were a party thereto and named therein
        instead of Subscriber.

7.      Subscriber will not be responsible to Third Party for:

                                       29
<PAGE>

        (a)  the execution, genuineness, validity, enforceability or sufficiency
             of any of the Loan Documents or any other document;

        (b)  the collectability of amounts payable under the Agreement or the
             Loan Notes or the financial condition of or the performance of its
             obligations under the Loan Documents by the Borrower; or

        (c)  the accuracy of any statements or information (whether written or
             oral) made in or in connection with or supplied in connection with
             any Loan Documents or in connection with a transfer of obligations.

8.      Third Party confirms to Subscriber that it:

        (a)  has made its own independent investigation and assessment of the
             financial condition and affairs of the Borrower in connection with
             its participation in the subscription contemplated by this Deed and
             has not relied exclusively on any information provided to it by the
             Subscriber or Subscriber's affiliates or advisors in connection
             with any of the Loan Documents or in connection with this transfer
             of obligations; and

        (b)  will continue to make its own independent appraisal of the
             creditworthiness of the Borrower while any amount is or may be
             outstanding under the Agreement or any Loan Notes.

9.      Nothing in this Deed or in any of the Loan Documents obliges the
        Subscriber to:

        (a)  accept a re-transfer from Third Party of any of the rights and/or
             obligations assigned, transferred or novated under this Deed; or

        (b)  support any losses incurred by Third Party by reason of the
             non-performance by the Borrower of its obligations under the Loan
             Documents or otherwise.

10.     [Nothing in this Deed shall affect the [obligations ][specify relevant
        rights of Subscriber/obligations of Borrower not being transferred]of
        the Borrower to the Subscriber under the Agreement or any of the Loan
        Documents (including under any Loan Notes held by the Subscriber at the
        date hereof or at any time in the future) which obligations shall remain
        in full force and effect.]

11.     The Agreement, as amended by this Deed, shall remain in full force and
        effect.

12.     The parties hereto shall execute and do and/or procure the execution and
        doing of all such further deeds, documents and acts as may be necessary
        to carry the provisions of this Deed into full force and effect.

13.     This Deed shall be governed by and construed in accordance with English
        law.

EXECUTED as a deed in three originals the day and year first before written.

                                       30
<PAGE>

--------------------------------------------------------------------------------
EXECUTED AND DELIVERED as a DEED                   |  )    Director
by CRICINFO LIMITED acting by:                     |  )
                                                   |  )
                                                   |  )    Director/Secretary

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
EXECUTED AND DELIVERED as a DEED                   |  )    Authorised Signatory
by SATYAM INFOWAY LIMITED and signed               |  )
by two duly authorised signatories on its behalf   |  )    Authorised Signatory

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
EXECUTED AND DELIVERED as a DEED                   |  )    Director
by [NAME OF THIRD PARTY ] acting by:               |  )
                                                   |  )    Director/Secretary

--------------------------------------------------------------------------------

                                       31
<PAGE>

                                   SCHEDULE 6

                                     Warrant

                DATED___________________________________May 2002

                                CRICINFO LIMITED

                                       and

                             SATYAM INFOWAY LIMITED

                      -------------------------------------

                          AMENDED AND RESTATED WARRANT
                         for the subscription of shares
                                       of
                                CRICINFO LIMITED
                      -------------------------------------

                                       32
<PAGE>

                                     WARRANT

THIS DEED is made on                  200_

BETWEEN:

(1)   CRICINFO LIMITED a company registered in England under Number 3215055
      whose registered office is at Hartham Park, Corsham, Wiltshire SN13 0RP
      (the "COMPANY"); and

(2)   SATYAM INFOWAY LIMITED whose registered office is at 2nd Floor, Tidel Park
      Taramani, Chennai 600 113, India (the "WARRANTHOLDER").

IT IS AGREED as follows:-

1.    INTERPRETATION

1.1   In this Warrant, unless the context otherwise requires:

      "Conversion"                    the conversion of some or all of a Loan
                                      Noteholder's Loan Notes into New Shares
                                      pursuant to Condition 4 of the Loan Note
                                      Conditions, with "Loan Noteholder" and
                                      "New Shares" having the meanings ascribed
                                      thereto in the Loan Notes;

      "Existing Shares"               such number of Shares held by the
                                      Warrantholder at the Subscription Date
                                      (whether acquired pursuant to Conversion
                                      or otherwise);

      "Letter"                        the amended and restated subscription
                                      letter signed on behalf of the
                                      Warrantholder and the Company dated __ May
                                      2002;

      "Loan Notes"                    the Unsecured Convertible Loan Notes 2004
                                      or, as the case may require, any part
                                      thereof for the time being issued and
                                      outstanding;

      "Loan Note Conditions"          the Conditions attached to the Loan Notes;

      "New Shares"                    new ordinary shares of Pound
                                      Sterling0.001 each in the capital of the
                                      Company;

      "Option Shares"                 such number of New Shares which, when
                                      aggregated with the Existing Shares,
                                      shall, following any issue of PCB Shares
                                      or TNQ Shares, represent the same
                                      proportion of the Company's issued equity
                                      share capital (as defined in S.744
                                      Companies Act 1985) as the Existing Shares
                                      represented immediately prior to such
                                      issue;

      "PCB"                           the Pakistan Cricket Board, its assigns or
                                      successors in title and any transferee of
                                      PCB's rights and obligations under the PCB
                                      Agreement;

      "PCB Agreement"                 the internet rights acquisition agreement
                                      between the Company and PCB dated 5
                                      February 2001 and any amendment,
                                      variation, replacement or supplement
                                      thereto from time to time;

      "PCB Shares"                    any Shares issued by the Company to PCB
                                      pursuant to or in connection with the PCB
                                      Agreement;

                                       33
<PAGE>

      "Shares"                        the ordinary shares of Pound Sterling0.001
                                      each in the capital of the Company;

      "Subscription Date"             any date upon which the Company proposes
                                      to issue Shares to: (i) PCB pursuant to or
                                      in connection with the PCB Agreement; or
                                      (ii) TNQ pursuant to or in connection with
                                      the TNQ Agreement;

      "Subscription Price"            Pound Sterling0.001 per New Share;

      "TNQ"                           TNQ Sponsorship (India)(Pvt.) Ltd, its
                                      assigns or successors in title and any
                                      transferee of TNQ's rights and obligations
                                      under the TNQ Agreement;

      "TNQ Agreement"                 the agreement between TNQ and the Company
                                      dated 20 February 2001;

      "TNQ Shares"                    any Shares issued by the Company to TNQ
                                      pursuant to or in connection with the TNQ
                                      Agreement;

      "Warrant"                       the option granted under Clause 2 below.

1.2   The clause headings in this Warrant are for convenience only and are of no
      legal effect.

1.3   In the event of a sub-division or consolidation of the Company's share
      capital following the date of this Warrant, the number of Shares referred
      to in the definitions of "Option Shares" and "Subscription Date" and the
      definition of "Shares" shall be adjusted accordingly.

1.4   For the avoidance of doubt Company and the Warrantholder hereby confirm to
      each other that the Warrant shall be capable of exercise on multiple
      occasions.

2.    GRANT OF THE WARRANT

2.1   In consideration of the Warrantholder agreeing to subscribe for Loan Notes
      on the terms and conditions set out in the Letter, the Company hereby
      grants to the Warrantholder an option to subscribe at the Subscription
      Price for the Option Shares on each Subscription Date.

3.    EXERCISE OF THE WARRANT

3.1   The Warrant shall be automatically exercised on each Subscription Date.

3.2   Completion of the exercise of the Warrant shall take place on each
      Subscription Date immediately prior to the allotment and issue of the
      Shares proposed to be issued to PCB and/or TNQ. On completion, the Company
      shall: (i) duly allot and issue the Option Shares to the Warrantholder
      and/or at the Warrantholder's direction to its nominees or to any Third
      Party (as defined in the Letter) to whom the Warrantholder may have
      assigned or transferred any Loan Notes or rights and/or obligations under
      the Loan Documents (as defined in the Letter) or any of them (together the
      "ALLOTTEES"); (ii) enter the Allottees in the register of members of the
      Company; and (iii) deliver definitive share certificates therefor to such
      Allottees.

3.3   The Warrantholder hereby undertakes to the Company to pay the Subscription
      Price in full within 5 business days following the relevant Subscription
      Date (such payment to be made to the Company's account with Barclays Bank,
      33-35 High Street, Grantham, Lincolnshire NG31 6PH England, A/C No.
      20980994, Sort Code 20-34-60 or in such other manner as may be agreed
      between the Company and the Warrantholder).

                                       34
<PAGE>

4.    UNDERTAKINGS OF THE COMPANY

4.1   The Company hereby undertakes that, until the Warrant has been exercised
      in full, the Company will have sufficient amount of authorised but
      unissued share capital to cover any exercise of the Warrant and that the
      Company will at all times be duly authorised to allot the Option Shares
      pursuant to exercise of the Warrant without any pre-emption rights
      applying and will have all requisite shareholder or other authorities
      necessary to enable the Company to discharge its obligations under this
      Warrant.

5.    RANKING OF THE OPTION SHARES

5.1   Option Shares issued pursuant to exercise of the Warrant shall rank pari
      passu and form one class with the ordinary shares of Pound Sterling0.001
      each in the capital of the Company in issue on the Subscription Date.

6.    TRANSFER OF THE WARRANT

6.1   The Warrant may be transferred, assigned or pledged as security in whole
      or in part by the Subscriber (as defined under the Letter).

7.    NOTICES

7.1   Any notice or document (other than any remittance) required or permitted
      to be given to or served on one party hereto by another party shall be in
      writing and shall be given or served by delivering or despatching the same
      by one of the methods set out in the Letter to the addresses set out in
      the Letter.

8.    TERM

8.1   This Warrant shall be exercisable on more than one occasion, shall remain
      capable of exercise notwithstanding termination or redemption of any of
      the other Loan Documents (as defined in the Letter) and shall only be
      terminable with the prior written agreement of the Company and the
      Warrantholder.

9.    CHOICE OF LAW AND SUBMISSION TO JURISDICTION

9.1   The terms and conditions of the Warrant shall be governed by and construed
      in accordance with English law.

9.2   The Company and the Warrantholder each irrevocably submit for all purposes
      of or in connection with the Warrant or the certificates therefor to the
      exclusive jurisdiction of the English Courts.

EXECUTED as a deed in three originals the day and year first before written.

--------------------------------------------------------------------------------
EXECUTED AND DELIVERED as a DEED                  |  )    Director
by CRICINFO LIMITED acting by:                    |  )    Director/Secretary

--------------------------------------------------------------------------------

                                       35
<PAGE>

--------------------------------------------------------------------------------
EXECUTED AND DELIVERED as a DEED                   |  )    Authorised Signatory
by SATYAM INFOWAY LIMITED and signed               |  )
by two duly authorised singatories on its behalf   |  )    Authorised Signatory

--------------------------------------------------------------------------------

                                       36
<PAGE>

                                   SCHEDULE 7

                         Notice Details of the Borrower

Name:             CRICINFO LIMITED

Address:          CricInfo Limited

                  Hartham Park

                  Corsham

                  Wiltshire SN13 0RP

Fax:              00 (44) 1249 700725

Attention:        Mr Peter Griffiths

                        Notice Details of the Subscriber

Name:             SATYAM INFOWAY LIMITED

Address:          2nd Floor, Tidel Park Taramani, Chennai
                  600 113, India
Fax:              +91 44 254 0851

Attention:        T R Santhanakrishnan

                                       37<PAGE>
                                                                    EXHIBIT 4.16

                             FOR PRINCIPAL OFFICERS

                         EXECUTIVE EMPLOYMENT AGREEMENT

This Executive Employment Agreement ("Agreement") is entered into in Chennai
India on 20th February, 2002 between:
1.    Satyam Infoway Limited ("Sify") a company incorporated in India and having
      its principal office at Tidel Park 2nd floor, 4 Canal Bank road, Taramani,
      Chennai 600 113, India and
2.    Mr. R. Ramaraj ("Executive") residing at B2, Century Retreat, Off Sterling
      Road, Chowdhury Colony, Nungambakkam, Chennai -- 600 034.

The operations of Sify and its affiliates are a complex matter requiring
direction and leadership in a variety of areas including strategic planning,
financial, regulatory, community relations and others. Executive is currently
employed as Sify's Managing Director and Chief Executive Officer. Considering
the current status of Sify's operation, Sify desires that the Executive should
continue in the employment of Sify and has requested the Executive to continue
as its Managing Director and Chief Executive Officer and the Executive has
agreed to do so subject to the terms and conditions contained herein.

Sify and the Executive agree as follows:

1.    Sify would continue to employ the Executive as its Managing Director and
      Chief Executive Officer. Executive agrees to continue such employment. The
      position is based in Chennai, India. This agreement shall be valid for an
      initial period from 20.2.2002 till 31.03.2003.

2.    During the term of employment the Executive shall:
      a.   Observe and comply with the policies of Sify
      b.   Serve Sify faithfully, diligently and competently to the best of his
           ability.
      c.   Report to the Board of Directors of Sify
      d.   Serve, without further compensation, as Director of one or more of
           Sify's affiliates as desired by Sify

3.    During the term of employment the Executive shall not, without prior
      written consent of Sify's Board of Directors:
      a.   Accept any other employment with a third party
      b.   Serve on the Board of Directors or any similar body of any other
           business entity
      c.   Engage directly or indirectly in any other business activity that
           competes with the business of Sify and its affiliates. (Affiliates
           mean and include businesses in which Sify has an equity or debt stake
           in excess of 5% of the capital of such business).

4.    During the term of employment the Executive shall be entitled to following
      "compensation and benefits" (all subject to deduction of tax as per
      applicable law):
      a.   "Base salary" as set out in Annexure A which includes Salary,
           allowances, benefits and perquisites or as amended with mutual
           consent from time to time
      b.   "Performance bonus" as set out in Annexure B which is a variable pay
           linked to performance or as amended with mutual consent from time to
           time
      c.   Vacation/leave as per Sify's policy for Employees
      d.   Reimbursement of business expenses incurred on Sify's behalf as per
           Sify's policy for business expenses incurred by Employees

5.    Executive acknowledges that because of his employment, he is in a
      confidential relationship with Sify and has access to confidential
      information and trade secrets of Sify. Confidential information or trade
      secrets include all information relating to customers, business
      strategies/plans, business investments, marketing plans/techniques,
      business operation methods/practices etc. Executive agrees that such
      confidential information or trade secrets shall not be disclosed by him to
      any third party except when mandated by law and shall not be used by him
      for any purpose except in the performance of his work for Sify.

6.    Executive agrees that all work of a copyrightable or patentable nature
      done in the course of work for Sify belong to Sify and undertakes to help
      in every way to get Sify's ownership of such copyrights/patents duly
      registered.

<PAGE>

7.    Sify agrees to indemnify the Executive, his executors, administrators or
      assigns for all Expenses (as defined) which the Executive incurs or
      is/becomes legally obligated to pay in connection with any Proceedings (as
      defined).

      "Expenses" shall include, without limitation, damages, judgments, fines,
      penalties, settlements and costs, attorney's fees/expenses, costs of
      attachment or similar bonds, investigations and any expenses of
      establishing a right to indemnification.

      "Proceeding" shall include any threatened, pending or completed claim,
      action, suit or proceeding, whether brought by or in the right of Sify or
      otherwise and whether of a civil, criminal, administrative or
      investigative nature, in which Executive may be or may have been involved
      as a party or otherwise
      a.   by reason of the Executive's employment in Sify or
      b.   by reason of the Executive, at Sify's request, being a director or
           officer of any company or
      c.   by reason of any actual or alleged error or misstatement or
           misleading statement made or suffered by Executive, or
      d.   by reason of any action taken by him or of any inaction on the
           Executive's part.

      Such an agreement by Sify to indemnify the Executive shall not apply
      a.   to any obligation by Executive to disgorge profits made from sale and
           purchase of securities pursuant to Securities Exchange regulations
           applicable where the securities of Sify are listed.
      b.   to any obligation of Executive arising from any willful act
           i.   that has resulted in personal financial gain to the Executive or
           ii.  that was done with a malicious intent or,
           iii. of gross negligence by the Executive.

      Sify agrees to advance money to the Executive for Expenses to be incurred
      upon request by the Executive. Executive undertakes to render true and
      complete accounts of the expenses and to repay Sify any advance in excess
      of actual Expenses indemnifiable under this Agreement.

      Indemnification obligation shall not apply to any proceeding/action
      brought by the Executive without prior approval of Sify unless such an
      proceeding/action is to establish the right of the Executive under this
      Agreement.

      This clause applies with retrospective effect from the date Executive
      commenced his employment with Sify (even though that date is prior to this
      Agreement) and extends even after Executive ceases to be in the employment
      of Sify. This clause survives the expiry or earlier termination of this
      Agreement.

8.    This agreement (except clause 7 above) terminates on the expiry of the
      term of this agreement unless both parties agree to renew it six months
      before the expiry of this agreement. This agreement may be terminated
      before the expiry of the agreement only as under and subject to the
      consequences provided hereunder:
      a. Termination of the Agreement by the Executive for following "Good
         reasons":
           i.   Sify breaching its obligations in paying compensation
           ii.  Sify demoting the Executive from his current position
           iii. Sify assigning duties to Executive inconsistent with his
                current/promoted positions
           iv.  Sify changing the location of the office of the Executive from
                Chennai
           v.   Within six months after Occurrence of a Change of control except
                if joining Satyam Computer Services Limited
      b.   Termination of the Agreement by Executive without assigning any
           reason.
      c.   Termination by Sify
      d.   Death of the Executive

      The parties agree that "Change of Control" means and includes:
      a.   Change in ownership structure of Sify from that prevalent on the date
           Executive commenced services with Sify or any date thereafter whereby
           any person or group of persons or entity or group of entities acquire
           in one or more transactions (i) beneficial ownership in Sify,
           directly or indirectly, in excess of 25% of the outstanding equity
           shares and becomes the largest group owning stock/shares in Sify or
           (ii) ability to command majority voting rights in Sify's Board of
           Directors.

<PAGE>

      b.    Sale or divestment (including through mergers, demergers,
            consolidations, acquisitions) of a substantial part of the assets or
            business of Sify whereby the majority owners of Sify prior to such
            sale/divestment don't receive majority ownership in the acquiring
            entity.

9.    In the event of death of the Executive, termination is effective on the
      date of death. In all other instances of termination before expiry of the
      agreement, both parties agree to give a written notice to the other of
      intent to terminate the Agreement and the termination is effective six (6)
      months after the notice is received.

10.   Executive is entitled to full compensation and benefits (excluding the
      performance bonus) up to the date of termination of the Agreement.
      Executive is entitled to pro rated performance bonus up to the date of
      termination of the Agreement in the event termination notice is served by
      Executive for "Good reasons" or served by Sify within one year after
      Change of Control.

11.   Executive is entitled following additional terminal compensation of Base
      salary (as referred to in Clause 4a) in the event of termination by Sify
      for any reason or by Executive for Good Reasons:

      a.   If notice of termination is served within 1 year from the date of
           this agreement or 1 year after a change of Control, 1 year Base
           salary
      b.   In all other circumstances, 6 months Base salary

12.   This Agreement is subject to the laws of India.

13.   It is the intent of both the parties to render this agreement enforceable
      to the fullest extent permitted by law. Any clause that turns out to be
      invalid should not render the entire agreement invalid.

For Satyam Infoway Limited

Mr. S. Srinivasan                                        Mr. R. Ramaraj
Director                                                 Managing Director and
                                                         Chief Executive Officer

<PAGE>

                         EXECUTIVE EMPLOYMENT AGREEMENT

                             ANNEXURE A BASE SALARY

<TABLE>
<CAPTION>
<S>                                                <C>
Salary:
Basic salary          Rs  per annum                12,00,000.00
Special allowance                                   4,53,204.00
House Rent allowance                                6,00,000.00    **

Perquisites/benefits:
Provision of Company car                           Yes
Conveyance expenses                                Actuals
Driver's salary                                            0.00
Vehicle maintenance expenses                       Actuals
Medical expenses                                      15,000.00
Leave travel expenses                               1,00,000.00
Provident fund contribution                         1,44,000.00
Gratuity                                              48,000.00

Total Base Salary     Rs per annum                 25,60,204.00

                          ANNEXURE B PERFORMANCE BONUS

Bonus payable on accomplishment of
KRA/KPI               Rs per annum                         0.00
</TABLE>

**      Or, a rent-free furnished accommodation.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}]]