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E-Serve Sees Feverish Activity On Citi Consolidation Buzz

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BUSINESS STANDARD

Is there something afoot in e-Serve International - an IT-enabled services company? It would certainly appear so if the volumes are anything to go by. On the BSE and NSE around 4.16 lakh shares changed hands in the counter on Thursday.

The buzz is that Citicorp Overseas Investment Corporation could be hiking its stake in the company again. Last July, the Citibank entity had hiked its stake to more than 40 per cent by purchasing nearly 6 per cent of the company

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First Published: Dec 06 2002 | 12:00 AM IST

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