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    TAIB Bank picks 3.5% in Kavveri Telecom in market deal

    Bahrain's TAIB Bank has acquired 3.5% in Kavveri Telecom Products Ltd through open market operations for around Rs 4 crore (USD 0.9 million).
    February 09, 2011 / 15:03 IST

    Bahrain's TAIB Bank has acquired 3.5% in Kavveri Telecom Products Ltd through open market operations for around Rs 4 crore (USD 0.9 million). Kavveri Telecom manufactures antennas and RF (Radio Frequency) products and has been fairly active in acquiring small overseas firms.

    The company that was set up in 1991 had struck multiple deals in North America. Its acquisitions include Canada

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