The Hindu Business Line : Sunday, June 08, 2003

Bharti Cellular buys Telia stake in Bharti Mobile
BHARTI Tele-Ventures Ltd (BTVL) has informed the Bombay Stock Exchange that its subsidiary Bharti Cellular Ltd has increased its equity stake in Bharti Mobile Ltd, from the existing 74 per cent to 100 per cent by virtue of acquisition of 26 per ... More

STOCKS

i-flex solutions: Pare exposures
AT THE current market price, i-flex solutions (i-flex) appears to be fully valued on future growth expectations. The upside from these levels may be limited. However, since there is low tolerance among investors ... More

SOFTWARE

Ocimum sells OptGene to Dow
OCIMUM Biosolutions Ltd, a life sciences contract R&D company having operations in the US and India, has sold its gene optimisation bioinformatics software, OptGene, to Dow AgroSciences LLC, a wholly- owned subsidiary of The Dow Chemical Company. ... More

MERGERS & ACQUISITIONS

HP to merge Indian arm with Digital — Two-phased issue of capital, special dividend proposed
THE world's second largest computer maker Hewlett-Packard, is merging its local software unit in India with former Compaq's services firm Digital Globalsoft Ltd. HP Services' India Software Operations (HPS ISO) will be merged with Digital, which ... More

Valuation favours HP, say analysts
STOCK market analysts and Digital Globalsoft's investors today felt short-changed by the company when it declined to disclose how it valued Hewlett-Packard Services India Software Operation (HPS ISO) for buying its software business in an ... More

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