| CTE plans to boost growth, to raise
Rs 240 m through IPO |
| CTE has planned an IPO of Rs 240 Million in
order to partly fund its project of Rs 307 Million, in line with its expansion
plans, which includes investments on expansion and improvement in IT infrastructure,
setting up SOA competency centers, creating Intellectual property and reusable
components library and enhancing its market presence in the US, apart from
providing for future working capital needs. |
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