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

Wednesday, May 17, 2000

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Info-Tech

Information Technology
IT briefs
MUMBAI: The net profit of VMC Software Ltd has gone to Rs. 4.56 crores for the year ended March 31, 2000 compared to the previous year's Rs 1.43 crores. Software sales went up to Rs. 1.30 crores (Rs 6.50 lakhs). Software exports went up to Rs. 5.59 crore s (Rs. 1.78 crores). Total income grew to Rs. 7.09 crores (Rs. 1.85 crores). Total expenditure rose to Rs. 2.23 crores from Rs. 40.46 lakhs, according to a company release.

Alcatel products
ALCATEL announced on Tuesday the availability of Alcatel OmniPCX 4400 for business users in the Asia-Pacific region.

EmpowerTel, LGSI to set up new co
EMPOWERTEL Networks and LG Soft India Pvt Ltd have entered into an agreement to set up a new joint venture company, LG EmpowerTel Pvt Ltd, an R&D lab for the telecom and networking industry in Bangalore.

Satyam Computer, CA in alliance
COMPUTER Associates International Inc (CA) and Satyam Computer Services Ltd announced on Tuesday the formation of a joint venture to offer small and medium enterprises (SMEs) Internet access to advanced e-business applications.

`Grey' cellphone areas spotted
CELLULAR operators will have to evolve from being mere facilitators of conversation into digital lifestyle trendsetters, according to Duff & Phelps Credit Rating India (DCR).

TMI Network ties up with CareerMosaic
TMI Network, a Hyderabad-based talent management, search and selection company, on Tuesday announced a tie-up with CareerMosaic, a career site (www.careermosaic.com) on the Internet. TMI has also drawn up plans to set up a subsidiary in the US.

Medical portal launched
A NEW Internet portal, www.MDSPEAK.com, has been launched. Promoted by Indian Medical Portal Pvt Ltd, the portal addresses medical practitioners, health-care consumers, hospital administrators, retail pharmacies and students of medicine.


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