Kshema to open research centre

	Financial Daily from THE HINDU group of publications Saturday, December 09, 2000

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Kshema to open research centre

BANGALORE: Kshema Technologies is opening a research centre in the premises of PES College in the city with an initial investment of Rs 2 crore.

A company release said that the research centre would employ 125 people and will focus on developing software potential of young persons, mainly ``innovative young minds''.

This strategic move in Kshema's growth plan has been made with a view to absorbing the right talent.

Kshema's consulting and software services focus on leading global companies in the converging communications, healthcare, information technology, banking&financial services and utilities segments. In the first of the current financial year, the company h as recorded a turnover of 2.5 crore. -- Our Bureau