Lenovo, the world’s No. 2 PC manufacturer, could be buying an Indian information technology firm in a bid to boost its business there and further its ambitions to topple HP from the No. 1 spot.

Lenovo already is the No. 1 PC seller across India, according to a Times of India report in May.

The Financial Chronicle in India reported Monday that Lenovo was interested in acquiring a controlling interest of 51 nearly percent HCL Infosystems Ltd. for some $90 million.

The report sent HCL shares to shares up as much as 27 percent.

Citing sources within Lenovo, the newspaper said HCL would become a strategic development and sales partner. 

Ashutosh Bhattacharya, a spokesman for New Delhi-based HCL, didn’t immediately respond to a call on his mobile phone and an e-mail.

“We do not comment on any rumor or speculation in the market,” Lenovo spokesman Jeffrey Shafer told Bloomberg.

Lenovo operates its executive headquarters in Morrisville.

 [LENOVO ARCHIVE: Check out six years of Lenovo stories as reported in WRAL Tech Wire.]