Financial Daily from THE HINDU group of publications
Thursday, Sep 09, 2004

Cross Currency

Group Sites

Info-Tech - Alliances & Joint Ventures
Money & Banking - Hardware

HMA Data ties up with UK co

Our Bureau

CHENNAI: HMA Data Systems Pvt Ltd has announced the formation of its subsidiary, CashLink Global Systems, to address technology hardware requirements in retail banking. For this, it has tied up with the UK-based De La Rue Cash Systems to distribute the latter's products in India.

The products include teller cash dispensers, self-service terminals, point of sale terminals and bill payment terminals.

Mr Harish K. Murthi, Chairman, HMA Group, said, "We estimate revenues between Rs 10 crore and Rs 15 crore for the calendar year 2005." He added that the tie-up with De La Rue did not include equity investments by the foreign partner now.

More Stories on : Alliances & Joint Ventures | Hardware

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

Stories in this Section
Mobile subscriber base closing in on fixed line — BSNL adds 6.2 lakh customers in August

MTNL cuts tariffs
Pvt telecom cos offer revenue share mode for ADC
TVS-E launches thermal printer
Nucleus to invest more in R & D
Concerto buys Rockwell unit
i-flex buys stake in European co
HMA Data ties up with UK co
Over 40 cos to take part in Dubai IT expo
Wipro sees positive spin-off from UK client's move
Wipro Infotech upbeat on W. Asia

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

Copyright 2004, 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