HCL Tech gets one-third revenue from Europe
HCL Technologies is bullish on the Europe, aiming to get one-third of its revenue from the region."The Europeans are finding that their costs structures are not competitive. This is first-time that the Europeans are opening to outsourcing," Vice-Chairman and CEO Vineet Nayar, said on the sidelines of the World Economic Forum annual meeting. (Source: Bussiness Standard)
BOI eyes Rs 90k-cr business in Gujarat by 2015
Bank of India (BOI) has entered into an agreement with the state government to lend Rs 12,000 crore to various customers groups in the state. It will also open 22 new branches in the state by the end of current fiscal. (Source: Economic Times)
Ultratech to invest Rs 10,000 cr in 3 yrs
Ultratech Cement will invest around Rs 10,000 crore over the next 3 years to enhance its annual capacity by 9.2 million tonnes, expecting up to 10growth in demand. It has an annual capacity of 52 million tonnes. (Source: Business Standard)
RVL, IL&FS in pact for Jhajjar
Reliance Ventures Limited (RVL), and Infrastructure Leasing and Financial Services Limited (IL&FS) have entered into an agreement to develop a model economic township and other infrastructure facilities at Jhajjar in Haryana. (Source: Economic Times)
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