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Article: INDIAN NEWSPAPER HIGHLIGHTS - SEPT 23, 2009.
- Article from:
- AsiaPulse News
- Article date:
- September 23, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, Sept 23 Asia Pulse - Highlights of today's newspapers:
THE ECONOMIC TIMES:
- Patni Computer Systems (BSE$:532517), which battles bigger Indian tech peers for large outsourcing contracts, has identified two acquisition targets -one each in the US and continental Europe - and plans to close at least one transaction by November this year.
Multiple sources familiar with Patni's acquisition plans said the company wants to cross the US$1-billion mark in revenues through inorganic growth, and compete more effectively with TCS (BSE:532540), Infosys (BSE:500209) and Wipro (BSE:507685) for large multi-year outsourcing contracts.
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