Do More With Reuters
Partner Services

Novell to invest $100 mln in India over 3 yrs

Wed Apr 16, 2008 2:36pm IST
 
Email | Print | | Single Page
[-] Text [+]

BANGALORE (Reuters) - Business software maker Novell Inc plans to invest $100 million in India over the next three years as it seeks to boost its presence in Asia's third-largest economy, its chief executive said on Wednesday.

The investment includes an engineering facility in Bangalore, its largest outside the United States, which CEO Ron Hovsepian inaugurated on Wednesday.

special coverage

Budget 2009
Budget 2009

The government presents the budget for the full fiscal year 2009/10 on July 6.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Photo
Is the budget over-rated for personal finance?

Expectations are high given the outcome in the general elections.  Commentary 

 
Nilekani: Infosys' loss or govt’s gain?
Nilekani: Infosys' loss or govt’s gain?

Nandan Nilekani has resigned from the Infosys board to join the government.  Commentary | Slideshow 

 
Launched

Tata Motors announced the launch of Jaguar and Land Rover vehicles in India.  Slideshow | Video 

 
Satyam
The new Satyam

Stay updated with the developments at Satyam.  Full Coverage 

 
M&A Review
M&A Review

A review of mergers and acquisitions.  Full Coverage 

 
Financial Turmoil Timeline
Financial Turmoil Timeline

A round-up of measures taken by the U.S Federal Reserve since June 2007 to tackle the financial crisis.  Full Coverage