Union Budget 2012-13: IT companies to benefit from UID allocation
Shares of IT companies were buzzing after the Finance Minister hiked allocation to Nandan Nilekani-led Unique Identification Authority of India by 13% to Rs 14232 cr.
Recently there were reports that HCL Infosystems had emerged as the lowest bidder for Rs 2200 crore UID project.
BSE IT Index was up 0.10 per cent.
HCL Infosystems was up 0.32 per cent, Vakrangee Software gained 4 per cent, Hexaware Technologies moved 2.14 per cent higher and Wipro gained 1.16 per cent.
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