Financial Daily from THE HINDU group of publications
Tuesday, Jan 17, 2006
Financial Daily from THE HINDU group of publications Tuesday, Jan 17, 2006 |
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Info-Tech
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IT Training Harbinger Group chalks out expansion plans Our Bureau
Pune , Jan. 16 WITH 20 customers spanning globally and a new product, Raptivity, the Pune-based Harbinger Group has chalked out its expansion and investment plan for 2006. Mr Vikas Joshi, Chairman and Managing Director, told presspersons that the company is setting up a 25,000 sq ft additional facility in the city and it would be set up in two phases. The first phase with an investment of Rs 1.5 crore would be ready by 2006 end and would house the development centre. The company is an independent e-learning technology company out of India and provides consulting, software development and advanced e-learning system integration service. It has to its credit Elicitus and e-learning tool and Raptivity, the world's first rapid interactivity builder, based on a patent pending technology. He said the second phase, involving Rs 3-crore investment, would be operational in 2007. He noted that the investment for the facility was being utilised through internal accruals and through founder's equity.
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