Hitech's subsi signs contract with US firm

Hitech Entertainment Ltd said its subsidiary Geosoft Technologies (TVM) Ltd has signed a long-term BPO contract with US-based Medquist.

By PTI | Jun 30, 2006, 06.10 PM IST

MUMBAI: Hitech Entertainment Ltd said its subsidiary Geosoft Technologies (TVM) Ltd has signed a long-term BPO contract with US-based Medquist.

The agreement with Medquist would provide substantial strength to the operational performance of Geosoft, Hitech informed the Bombay Stock Exchange.

The contract at full capacity levels can generate upto Rs 22.5 crore in terms of annual revenues, it added.

The shares of Hitech Entertainment closed at Rs 43.85, up 2.57 per cent at the BSE.

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