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| | Sparsh to go in for Rs 50cr venture capital funding |
 | | HYDERABAD, MARCH 6: Sparsh Communications Ltd, which runs the Rs 40-crore Highway Automation System, has decided to go in for Rs 50 crore venture capital funding to set up a hub, expand its kiosks network and developing B2B, B2C portals. |
 | | Sparsh, which has a strong infrastructure network in the country, wants to become a leading player in the IT and web field by focussing on value-added services, she said. |
 | | Sparsh had launched HAS earlier to specifically monitor vehicles playing on the highways linked with kiosks set up all over India through VSAT terminals, which provide data on vehicle position, timings of arrival, location, accidents if any, etc. |
| www.expressindia.com /fe/daily/20000307/fco07020.html (364 words) |
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