Bangalore sees small dip in investments.

(From Business Line)

from BUSINESS LINE, September 29, 2006 Bangalore, Sept. 28 - Investments by information technology firms in Bangalore saw a flattish growth in the first five months of current financial year, while software exports from Karnataka grew 28 per cent in the same period over corresponding last year

Mr B.V. Naidu, Director, Software Technology Parks of India (STPI), Bangalore, said about 68 new companies have set up their operations by investing Rs 1100 crore during the first five months compared to 72 firms investing Rs 1200 crore in corresponding period last year

Of the 68 new firms, about 40 are 100 per cent foreign equity firms, …