The FI Group Plc says it hasn’t set aside a fund for takeovers, acquisitions and investments in Indian software companies, as we reported last month (CI No 3,461). The Birmingham, UK-based FI Group’s marketing director, Tricia Gordon, also objected to the term raider, which she said was not appropriate for a company which has made just one acquisition in India with the full co- operation of that company’s promoters.