Information Technology
Microsoft, Compaq in India initiative
SOFTWARE giant, Microsoft Corporation, and computing major, Compaq Computer Corporation, on Monday announced the extension of their Frontline Partnership to India, under which they would invest Rs. 1 crore and set up a competency centre in Bangalore.

Newgen licenses tech to US Net start-up
NEWGEN Software has tied-up with the US-based Internet start-up PaperFly Inc to provide document management services on the Web.

Careerrange ties up with Zeenext.com
THE Chennai-based Careerrange.com on Monday announced its tie-up with Zeenext.com. The first round of funding of the company would get completed in the next two to three weeks.

ICIL hopes to reach Rs 100 cr in 3 years
INTERNATIONAL Components India Ltd (ICIL), the Chennai-based manufacturer of accessories for mobile phones has targeted a turnover of Rs. 100 crores in the next three years.

Bunka Orient to tap Indian market
JAPANESE software developer Bunka Orient Group (BOG) has decided to tap the Indian market by introducing knowledge management (KM) and customer relationship management (CRM) solutions.

Sify ESOP for Satyam Comp staff
SATYAM Infoway Ltd listed on the Nasdaq, proposes to issue a further one million equity shares by way of American depository receipts (ADRs). The company also plans to allot stock options to key management professionals of Satyam Computer Services Ltd.

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