Financial Daily from THE HINDU group of publications
Friday, Jul 15, 2005
Financial Daily from THE HINDU group of publications Friday, Jul 15, 2005 |
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Info-Tech
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Outsourcing Calsoft plans Rs 100-cr investment Our Bureau
PUNE: Calsoft Pvt Ltd, a Pune-based systems product outsourcing company, is planning to invest Rs 100 crore in intellectual property and infrastructure over the next five years. The funds would come from internal accruals, Mr Anupam Bhide, Co-founder and Chief Executive Officer of Calsoft, said. Calsoft would be following the model adopted by the Taiwanese company, Quanta, that develops laptops for companies such as Dell and Toshiba, Mr Bhide told presspersons. Mr Bhide said the company reported a turnover of Rs 15 crore for the year ended March 2005 and hoped to double the turnover this year.
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