Online edition of India's National Newspaper
Saturday, Mar 25, 2006
Google

Business
News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Classifieds | Jobs |

Business - Briefly Printer Friendly Page   Send this Article to a Friend

R Systems to tap capital market

NEW DELHI: R Systems International, a product development services provider with its delivery centres in Chennai, Pune and Noida, on Friday decided to invest over Rs. 100 crore for upgradation and expansion of IT infrastructure. For funding its plans, it is tapping the capital market with an initial public offering of 44.08 lakh shares through a book building process to raise around Rs. 110 crore at the upper end of the price band stipulated at Rs. 250 per share. The issue will open on March 28 and close on March 31.

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Classifieds | Jobs | Updates: Breaking News |


News Update

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | Publications | eBooks | Images | Home |

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu