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The objects of the Issue are:1. Expenditure on Research and Development 2. Advertising and sales promotion 3. Funding incremental working capital requirements and4. General Corporate Purposes.
Introduction to the Indian Information Technology (IT) and Information Technology Enabled Services (ITEs)India is the world's largest sourcing destination for the information technology (IT) industry, accounting for approximately 67 per cent of the US$ 124-130 billion market. The industry employs about 10 million workforces. More importantly, the industry has led the economic transformation of...