Posts filed under 'IT & ITes'
The media had reports that DS Kulkarni Developers Ltd. may enter into a joint venture with Capitaland to develop 60 acres land by setting up residential cum IT/ITES and retail complex.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
DS Kulkarni Developers Ltd. has vide its letter inter-alia stated,”The published information is only a source based information given by the media and is not given by the Company. The Company has nothing to say about the contents of news item except our denial of the same.”
October 5th, 2007
NSE Press Release
The media had reports that Omnitech Infosolutions Limited has bagged a substantial deal in the infrastructure management space.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Omnitech Infosolutions Limited has vide its letter inter-alia stated, “We would like to clarify that the Company has not discussed with any source regarding the possibilities of bagging any such deal and hence we are unable to comment on how this article has appeared in the media.”
September 7th, 2007
The media had reports on August 25, 2007 that HTMT Global Solutions Ltd. is planning four buyouts in the range of Rs 80-400 crore.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
HTMT Global Solutions Ltd. has vide its letter inter-alia stated, “We would like to confirm that HTMT Global Solutions Limited on an ongoing basis is looking at acquisitions to grow inorganically. At any point of time, the Company has multiple target opportunities that it evaluates. The sizes of these opportunities also vary, from mid-size to large sized ones.”
August 28th, 2007
The media had reports that Firstsource Solutions Limited may buy US-based healthcare company MedAssist for around $300 million.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Reply is awaited from Firstsource Solutions Limited.
August 24th, 2007
The media had reports that Quintegra Solutions Limited may acquire a US company based in Washington DC, for around $50 million.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Quintegra Solutions Limited has vide its letter inter-alia stated, “The information published in the newspaper is not an authenticated one and purely based on speculation. The Company has always been pursuing various acquisition opportunities across the globe but has not finalized any such proposal till date. The Company would intimate the Stock Exchange once a decision is taken.”
August 22nd, 2007
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