KSHEMA TO INVEST Rs5 CR IN EXPANSIONS

Article Abstract:

Kshema Technologies (KT) of Bangalore plans to spend Rs5 crore to expand its software operations in India. The infusion of money will be made as a second tier investment in the form of private placement. The income of KT are expected to go up to $2 million by 1998-99 and $10 million by 2000-2001 AD ($0.25 million now). A second facility will be opened in Bangalore for software operations with funds accruing from Sivan Securities (SS). Of the total project cost of Rs3.5 crore, SS has brought in Rs2.5 crore and the rest are loans from banks. (gsh)

Comment:

Plans to spend Rs5 crore to expand its software operations in India

Kshema Technologies

---

CHAUHAN TO SPEND Rs40 CR ON BUILDING UP BISLERI SODA

Article Abstract:

Mr Ramesh Chauhan, the promoter of Aqua Bisleri India Ltd, plans to invest Rs40 crore for promoting the Bisleri brand in the soda market. Out of this investment Rs15 crore is to be spent on producing 3 crore bottles and about Rs5 crore on specially designed plastic crates. A fleet of 300 trucks, each costing Rs5- 6 lakh, are also to be acquired. Mr Chauhan hopes to increase sales of Bisleri soda from 8 million cases now to 16 million cases within a year. (khr)

Comment:

Ramesh Chauhan, the promoter of firm, plans to invest Rs40 crore for promoting the Bisleri brand in the soda market

Canned & Bottled Soft Drinks, Soft Drink Manufacturing, Soft drinks, Aqua Bisleri India Ltd.

---

BPL LAUNCHES MAJOR SOFTWARE INITIATIVE, TO INVEST Rs40 CR

Article Abstract:

The BPL group plans to invest Rs40 crore in software operations in 1998-99. The software activities will be a part of BPL Telecom. It is setting up a software campus in Bangalore. BPL group plans to develop software for telecom, billing, digital signal processing and switching. The BPL group has posted a sales of Rs20 crore from its software activities in 1997-98. (rk)

Comment:

BPL group plans to invest Rs40 crore in software operations in 1998-99 and software activities will be part of this co

BPL Telecom

Similar abstracts:

• Abstracts: JK TYRE PLANNING Rs100 Cr EXPANSION CEAT TO FOCUS ON 2-3 WHEELER TYRE SEGMENT
• Abstracts: MAHINDRA JV BEATS PARENT ON MARKET CAPITALISATION KOTAK SECURITIES TO SET UP UNIT IN US
• Abstracts: HCL SOFTWARE EXPORTS CROSS Rs1,000-CR TURNOVER MARK VISUALSOFT Q2 TURNOVER UP 231%

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.