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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (3587)	1/27/1999 8:13:00 AM
From: Mohan Marette	Read Replies (1) of 12475

Sony plans rights issue, foray into infotech Tuesday, January 26, 1999 Sony plans rights issue, foray into infotech Sunita Nagpal -------------------------------------------------------------------------------- New Delhi, Jan 25: Another non banking finance company jumping on the infotech bandwagon is Sony Corp India. As part of its foray into the software business, the company is also planning to float a Rs 2-crore rights issue and a preferential offer of equity shares. Thanks to the infotech boom (both primary as well as secondary market), the company has decided to charge a premium of Rs 10 on rights shares. expressindia.com

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