THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, March 20, 2000

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Info-Tech

Information Technology
IT briefs
CHENNAI: The Chennai-based Archana Software Ltd, a listed company on the Chennai, Mumbai and National Stock Exchanges, plans to come out with a public issue of three million shares of Rs. 10 each at a premium of Rs. 10 per share, to raise a total of Rs.6 crores.

InTechNet unveils global gateway
InTechNet Ltd, a Hyderabad-based Internet and intranet solutions company and a category `A' Internet service provider (ISP), has become the first private company in the country to operationalise its international gateway.

VMF Soft Tech plans to buy more US cos
VMF Soft Tech Ltd, the Hyderabad-based software company that recently acquired the Ahmedabad-based Infotech Consultants, Gujarat-based Web portal www.ahmedabad.com, and the US-based Sirisoft Inc, is planning to acquire more software companies, both withi n the country and the US.

EnSoftek, GT Business float subsidiary
THE US-based EnSoftek LLC and GT Business Solutions Ltd, a Hyderabad-based software development and training company, have entered into an agreement to commence software development operations by floating a subsidiary, GTeSolutions, which will take up th e offshore development and support activity for both the companies.

Netsynergy software to aid small, medium sectors
NETSYNERGY Information Technology Pvt Ltd, a Net solutions start-up being promoted by a group of professionals led by Mr. G. Vijaya Raghavan, formerly Chief Executive Officer of Technopark, will support small and medium businesses with need-based high-en d software and provide them with digital storage space.


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