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Saturday, February 17, 2001
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Kay Pee Intl. buys stake in Jindal Online.com

CHENNAI: The Singapore based Kay Pee International has offered to acquire 4.50 lakh shares of Jindal Online.com, aggregating nine per cent stake at Rs. 290 per share. Jindal Online.com, belongs to the Rs. 300 crore Jindal group, is one of the leading and fast growing Internet service provider of Gujarat. Kay Pee International, a provider of various Internet technology related equipment, plans to enter the Indian market and is looking forward for strategic alliance with Jindal Online.com.

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