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Indian operations

Hyderabad, Mar 16 (UNI) iServiceGlobe, a global technology Solutions provider, today said it would invest USD 10 million and increase to 300 the headcount at Hyderabad, its Indian office, with plans to generate USD 100 million business in 2007-2008 along with its Australian partner, Mincom.

The PaloAlto, California-headquartered company, iServiceGlobe, with expertise in Mining, Retail, Automotive and Hi-tech verticals provides cutting edge Business and IT Solutions to its global business partners.

The Company has worked out its business plans for 2007-2008 and will upscale its Indian operations from the current 60 persons in view of its foray into coal mining and power utilities here.

It is also in talks with Coal India, the Public Sector mining giant, to upgrade its operations and systems, the Company's President and CEO Srini Katta said. The Company is also to talk to APGENCO, the power generation wing in Andhra Pradesh for systems improvement.

UNI

Sugar open in a low range in Kolhapur

Kolhapur, Feb 20 (UNI) The prices of m 30 and s 30 grades of sugar open today in a low range to Rs 1445/1450 and Rs 1435/1440 per quintal respectively. The rates in the Kolhapur gur market today ranged between Rs 1200 and Rs 1800 per quintal. Following are the May-2007 turmeric futures rates in the Sangli turmeric futures market today: open 2100, close 2105, high 2110, low 2100, clearing 2105 and spot rate 2225 per quintal. UNI.....

Essar acquires global Vantedge

Mumbai, Feb 20 (UNI) Essar Global announced today that it has acquired Global Vantedge, a BPO company Owned by Chrys Capital - the leader in Collections and Accounts Receivable Management Services. This is part of Essar's plan to have a larger footprint in the BPO segment. Essar has a presence in the BPO segment through its wholly owned subsidiary - Aegis BPO, the release said. Global Vantege has over 1400 employees with facilities in Gurgaoan in India and San Jose,.....

Parsvnath signs MoU with Gujarat Govt

Mumbai, Feb 20 (UNI) Parsvnath Developers Ltd has announced that it has signed a Memorandum of Understanding (MoU) with Gujarat Government for developing various projects at an investment of Rs 1,600 crore over a period of 2-3 years. The Company will develop townships, group housing, commercial complexes, IT Parks amongst others at Ahmedabad, Bhavnagar, Rajkot, Vadodra, Surat, Jamnagar and other districts of Gujarat, Parsvnath has informed the BSE. With this, the Company became a key player in committing large investments in.....
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