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Showing posts with the label industry

Bharti Infratel to merge with Indus Towers and create major tower firm

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According to the latest reports, Bharti Airtel's tower   Infratel and Indus Towers have decided to merge their companies to create one entity. With a combined revenue of around Rs.25,360 crore, and 1.63 lakh towers across 22 telecom service areas of the country, this new pan-India tower company, which will be named Indus Towers Ltd, will easily become the world's largest tower company. However, as per the reports, Bharti Airtel is planning a stake sale in the new tower company that will be formed after the merger.The company in a regulatory statement said, "The board has decided to engage with the potential investors for evaluating a strategic stake sale post the completion of the merger." Click For More Details

Sanovi has become a name to rely on for its disaster recovery suite

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Ashis Guha President - Global Sales Sanovi Technologies It is always interesting to read about companies which start low but end up later making big in their respective sectors and industry. The story of Sanovi Technologies, a small Indian start-up with a great product that soon metamorphosed into a leading analyst acclaimed and customer/partner endorsed brand in the IT DRM space across India is one such tale that reminds one how life can reward those with the right capabilities.  Sanovi is an independent software vendor founded in 2002 and currently operating with an employee strength of over 100 comprising of a seasoned team lead by techno-entrepreneurs with a proven track record in the IT Disaster Recovery Management (DRM) space. The company has set aggressive growth and expansion goals and is well poised to achieve these. Not only India but the success path Sanovi has trailed to the rest of APAC and Middle East ...