Financial Daily from THE HINDU group of publications
Wednesday, Aug 03, 2005


News
Features
Stocks
Port Info
Archives
Google

Group Sites

Corporate - Diversification
Info-Tech - Software


Innosoft plans to shift focus from IT to infrastructure

Our Bureau

Hyderabad , Aug 2

INNOSOFT Technologies Ltd - a Hyderabad-based plastic products manufacturing and IT services provider - has announced its move to diversify into infrastructure development and power-related services.

The Chairman and Managing Director of Innosoft, Mr Prasad Garapati, said the company has forayed into power infrastructure given the massive investments in the sector.

Addressing a press conference here today, Mr Prasad said: "The company software services division was not doing well and the foray into infrastructure was a logical step. The company may consider change of name as well."

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
ONGC may have to invest Rs 600 cr to rebuild Bombay High


NMDC declares record dividend
ACC launches mobile concrete testing unit
Wockhardt gets US FDA nod for antibiotic drug
Bhagyanagar Metals bags BSNL order
Aurobindo chief converts warrants
Jubilant pref allotment
HEG issues $28.75 m FCCBs
`Corporate India must see tax as board level issue'
NGO fund for rehabilitating tribals hit by Posco project
Ranbaxy commissions new Malaysia facility
L&T plans to set up switchgear unit in China
RBI nod not needed for appointing foreign nationals on co boards
Relisys pact for clinical trials
Innosoft plans to shift focus from IT to infrastructure
Bajaj Auto sales up 5.4 pc in July
Hyundai sales skid in July
TVS Motor sales rev up
Provogue promoter arrested on drug charge


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

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line