L&T Information Technology eyes buyouts
Joining the acquisition bandwagon of infotech companies, the Mumbai-based L&T Information Technology Ltd (LTITL) has set its eyes on companies operating in the areas of healthcare, financial services, telecom and e-commerce.

Centre may set up body to recover funds from NBFCs
The Centre is exploring the possibility of setting up a special body on the lines of the Debt Recovery Tribunal for speedy recovery of funds blocked in defaulting non-banking financial companies (NBFCs).

Geometric Software to open Pune facility in March
Geometric Software Solutions (GSSI) will be opening its new software development facility at the Pune Infotech Park at Hinjewadi in March 2000. The company has a team of 170 scattered across four facilities in Pune.


  Walden earmarks $33m to invest in domestic ventures
  Passenger-car sales rise 56% in Apr-Dec
  Daewoo debt recast pact
  Wallace-Reader's Digest funds merge
  Finolex Cables Q3 net rises 30% to Rs 25 cr