Birlasoft plans to increase headcount
By agencies   |   Monday, 12 December 2005, 20:30 IST
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BANGALORE: Birlasoft, the technology services division of the C K Birla Group, plans to ramp up its employee strength by 2,200 to take the total number of professionals on its rolls to 5,000 by the end of 2006. The company has earmarked $20 million for expansion, including the setting up of three new centers. In which, one would be set up in Bangalore and the remaining two would come up in Hyderabad and Noida each by February and May next year. At present, the $250-million IT company has 2,800 software professionals working at Chennai, Noida, and Melbourne facility. Birlasoft’s Chief Executive Officer, Kamal Mansharamani said, “The establishment of new centers in Bangalore and the expansion in Noida are part of the company's robust growth plans.” Recently, the company has acquired the assets of the Sydney-based Fusion Technology Group and the intellectual property rights of Portfolio Insight, a real-time risk-based pricing and active portfolio management software.

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