Information Technology
eLabh.com to raise Rs 15-20 cr
ELABH.com, the portal that pays its members to surf the Net, is planning to mobilise Rs. 15-20 crores by offering about 20 per cent stake in the company to venture capital funds, a top company official has said.
COMSAT Max launches Global Way
COMSAT Max, a joint venture company between COMSAT International and Max India Ltd, on Wednesday announced the launch of Global Way, as the platform for its new Internet VPN (virtual private network) service, COMSAT VPN.
VisualSoft mulls M&As
VISUALSOFT Technologies Ltd (VTL), the Hyderabad-based software solutions and products company, is contemplating joint ventures, strategic alliances, acquisitions and mergers ``in the near future'' riding on the opportunities arising out of liberalised G
overnment policies.
e4e incubation labs for early-stage cos
THE Bangalore-based e4e Labs on Wednesday announced the launch of incubation labs for early-stage companies. The labs offers early-stage companies a combination of access to technology infrastructure, advisory resources, executive management talent and l
inks to Silicon Valley.
IVC-managed funds pick up 16 pc in Laser Soft
TWO funds managed by IL&FS Venture Capital (IVC), viz, Taminadu Infotech Fund and Indian Auto Ancillaries Fund, are picking up a 16 per cent stake in the Chennai-based Laser Soft Infosystems Ltd.
Astra Microwave, US company in broadband pact
ASTRA Microwave Products Ltd (AMPL), the Hyderabad-based manufacturer of R&D intensive radio frequency (RF) and microwave modules and sub-systems, has entered into a strategic alliance with the US-based US Asia Telecom (Skytiger.net). The tie-up is to pr
ovide ISPs in India and the Asia-Pacific with reliable, high-speed, single-hop satellite-linked, broadband Internet Protocol data link via JCSAT-3 transponders which offer high powered 38dBw footprint.
Polaris shareholders okay ADR issue
THE shareholders of Polaris Software Lab Ltd on Wednesday approved the company's plans to raise funds through the issue of ADRs/GDRs, the proceeds from which would be used to fund acquisitions.
Pentasoft Technologies ME spreads wings in the Gulf
PENTASOFT Technologies Middle East has tied up with strategic partners in the Gulf to market its range of software products and services, as well as set up training centres in the Gulf States.
