SINGAPORE (Reuters) - Infosys Technologies Ltd, India's second-largest software services exporter, said it was confident its bid for Britain's Axon Group would succeed and there was no rival bid on the table at the moment.
"We are confident that our bid will go through, because we believe it is a fair valuation, and we have got the support from the board and management of Axon," Chief Executive S. Gopalakrishnan told Reuters in an interview on the sidelines of the Forbes Global CEO conference in Singapore.
"As for any rival bids, nothing officially has been communicated to us at this point. We expect the (acquisition) process to be completed by the end of November."
On Tuesday, local Indian newspaper Economic Times reported that Indian outsourcer HCL Technologies plans to bid for Axon, offering 15 percent more than bigger rival Infosys.
Last month, Nasdaq-listed Infosys said it had agreed to buy Axon for 407 million pounds ($753 million), valuing the firm at 600 pence a share.
Dhoni was awarded the Player of the Year 2008 by the ICC, while Yuvraj grabbed the T 20 Performer of the Year award. ...
The next American administration must shift from a U.S. preoccupation with the Middle East to devote more attention to Asia and the rise of China and India, a major report said on Wednesday. The nonpartisan Asia Foundation, in a new quadrennial study of the U.S. role in Asia, said President George W....
Seminar on Financial Markets was conducted by Mr. P. Sriram (Financial Analyst) at Ideal College of Arts & Sciences, Vidyut Nagar Campus on 20th September 2008. At the time of seminar he deliverd lecture on present financial position and the capital market. He said that, at present the fina...
Batting superstar Sachin Tendulkar will be available for India's upcoming Test series against Australia despite racing against time to be fit, an official said on Monday.
Tendulkar could miss the four-Test series against the world champions starting on October 9.
"The physiotherapist wants...
Visalandhra book exhibition was held at banugudi juntion on monday. This exhibition was
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Due to the death of college student in Narayana College in Raga Reddy District strike was held by few corporate colleges in Kakinada. Sri chaitanya, Aditya, Nalanda, Pragathi, Mohan Colleges took part in this strke.
In this strike district conveyor G.V.V.satyanarayana commented that...
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