Frontline Business Solutions has received an approval to expand / diversify its existing business operations, for which it has discussed various feasibility aspects of the proposed joint venture with NY Hottiest, a New York based Lingering brands, or its subsidiaries. The board at its meeting held on October 30, 2012 has transacted the above mentioned business. The details of the said investment / acquisitions will be made public at the time when the company inks an agreement for the venture.
Besides, the board also discussed other investment proposals of US based health care company. Further, the board decided to appoint investment bankers to raise funds for the aforesaid projects.
Frontline Business Solutions provides value added solutions and services in the areas of staffing, sales and marketing of telecom, financial products, human resource management and solutions, KPO and BPO solutions, call centre, back office process, and event management. It operates primarily in India.
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