Indian supercomputer manufacturer to restructure

New Dehli 21 May 2001 The Indian Centre for Development of Advanced Computing (C-DAC), developer of the Param series of supercomputers, has started discussions with large consultancy firms for business and financial restructuring as part of the proposed corporatisation of the entity.

C-DAC is talking to seven to eight leading consultancy firms and expects to finalise one consultant soon. The consultant would be given a mandate to prepare a report for restructuring the business and financial models in line with the directives of the Indian government.

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