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News >> Technology >>
Teledata Informatics bags Chinese order
By agencies
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Monday, 02 May 2005, 19:30 IST
MUMBAI:Marine software company, Teledata Informatics Ltd has bagged an order from Beijing-based Sinotrans Shipping Ltd.
Teledata would implement this order in two phases at a cost of $7,50,000 and maintenance at an extra cost of 15 percent per annum, the company informed the Bombay Stock Exchange today.
Sinotrans Shipping handles crewing, technical supervision, ship operations, insurance and claims consultancy, procurement and accounting, it said.
Teledata Informatics Director, K Padmanabhan said the company would execute this order in six months and also provide annual maintenance of the software and constantly provide upgrades at an extra cost.