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Novell to invest $100 mln in India over 3 yrs

Wed Apr 16, 2008 2:36pm IST
 
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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.

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
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