Date:03/11/2005 URL: http://www.thehindubusinessline.com/2005/11/03/stories/2005110301660402.htm

Back Nihar board nod for loan facility

Our Bureau

HYDERABAD: Nihar Info Global Ltd has informed the BSE that the board has approved the enhancement of the loan facilities with Union Bank of India from Rs 30 lakh to Rs 40 lakh.

The board has authorised the company to make an application to the Department of Scientific and Industrial Research to avail itself of the funding facility for its software product being developed in association with the Andhra Pradesh Forensic Science Laboratories. It is considering the option of locating a centre in a tier II city, possibly Visakhapatnam.