HCL Infosys bags networking order

CIOL Bureau
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NEW DELHI: Indian information technology firm HCL Infosystems said on Monday

it had bagged a major wide area network order from state-run Indian Overseas

Bank to connect 200 bank branches spread across 11 cities. HCL Infosystems did

not provide any details on the value of the contract.


"Besides network implementation, HCL Infosystems will also configure and

customize the network for any branch banking. Once implemented, IOB would be

networked in more than 17 cities," the computer and network services firm

said in a statement.

The firm's shares were quoted at Rs 200.10 on the Bombay exchange in

afternoon trade, little changed from its previous close of Rs 199.35.

(C) Reuters Limited 2001.