Financial Daily from THE HINDU group of publications
Tuesday, Jun 11, 2002
Financial Daily from THE HINDU group of publications Tuesday, Jun 11, 2002 |
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Money & Banking
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Information Technology Karur Vysya, Bharti tie up for data centre Our Bureau
Mr K. Krishnan (right), CEO, Bharti Telenet Ltd, Tamil Nadu, and Mr P.T. Kuppuswamy, Chairman, Karur Vysya Bank, at a press conference in Chennai on Monday.
CHENNAI, June 10 KARUR Vysya Bank will spend around Rs 10 crore in setting up a centralised data processing centre, in collaboration with the Bharti group. Bharti Broadband Networks Ltd will provide the infrastructure for the centre, which will be housed in Bharti Towers in Chennai. Disclosing this at a press conference, KVB's Chairman, Mr P.T. Kuppuswamy, said that the data centre would facilitate interconnection of the bank's computerised branches. At present, 140 of the bank's 211 branches are computerised, on a standalone basis. With the data centre in operation, these branches can be connected up. The centre will be managed by KVB's IT personnel. Bharti Telenet's, Chief Executive Officer, Mr K. Krishnan, said at the press conference that Bharti proposed to offer similar facilities to other customers also. He said that the group was talking to three other potential customers. Bharti Telenet has launched its basic operations `Touchtel' in Chennai and Madurai. Bharti Towers in Chennai houses the telecom complex that has the main switching unit of Touchtel's fixed telephone services, AirTel's (Bharti's cellular brand) services and the southern hub of Bharti's National Long Distance operations.
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