The Hindu Business Line : Friday, August 09, 2002

Brigade Corp to spend more on Indian operations
BRIGADE Corporation may spend in India a large portion of the $50-million investment commitment it received recently from General Atlantic Partners LLC. ``The investment, which could be in India or elsewhere, would be substantial and depends ... More

TELECOMMUNICATIONS

VSNL investment: Review panel may seek more time
THE board-level committee of Videsh Sanchar Nigam Ltd (VSNL), which has been formed to review the controversial decision to invest Rs 1,200 crore in Tata TeleServices Ltd (TTSL), is likely to seek an extension of the current deadline of August ... More

Free cell-to-cell incoming calls from Escotel
ESCOTEL, one of the leading cellular operators in the country, has announced that all its post-paid and pre-paid customers in Kerala would be entitled to free mobile-to-mobile incoming calls. This would enable Escotel customers to receive calls ... More

COURTS/LEGAL ISSUES

EU may be tougher nut for Microsoft
MICROSOFT Corporation's recent announcement that it will disclose more information about its Windows operating system has been widely welcomed in the country where the software giant is domiciled. The disclosure is in compliance with the proposed ... More

HARDWARE

Global product distribution — HP consolidates supply chain
HEWLETT Packard has consolidated its supply chain management by relying on a mix of outsourcing and its own resources to meet the challenge of global distribution strategy for its products. Based on a careful study of the various parameters of ... More

SOFTWARE

Tally plans to go multilingual
TALLY, the largest selling accounting software in the country, is planning to go multilingual over the next six months. Mr S.S. Goenka, Chairman, Tally Solutions Pvt Ltd, said the company planned to come out with multi-lingual versions of ... More

Digital GlobalSoft ESOPs
BANGALORE: Digital Globalsoft Ltd has informed the Bombay Stock Exchange that the HR committee of the board of directors of the company has approved 4,19,000 stock options to be granted to its employees under the employee stock option ... More

Wipro stock options for employees
BANGALORE: Wipro Ltd has informed the Bombay Stock Exchange that the board of directors vide circular resolution effective August 01, 2002 resolved to issue and allot 337 equity shares of Rs 2 each pursuant to the exercise of stock ... More

MERGERS & ACQUISITIONS

Dimension Data buys half of Nedcor Bank's Nihilent stake
THE closely-held Nihilent Technologies has announced that its majority stakeholder, Nedcor Bank Ltd (South Africa), has divested half of its 74.9-per cent stake in favour of Dimension Data Holdings Plc. The total amount involved in the deal was ... More

ALLIANCES & JOINT VENTURES

indiamarkets to go global — Ties up with Goodex AG
INDIAMARKETS, a business-to-business e-commerce enabler and e-procurement service provider, has announced its intention to go global. The company has entered into a memorandum of understanding (MoU) with Goodex AG, Europe's leading sourcing ... More

HCL ties up with ScanSoft
HYDERABAD: HCL Infosystems Ltd has entered into an agreement with ScanSoft Inc of Belgium to distribute the latter's imaging and speech products such as OmniPage, OmniForm and PaperPort in India and South-East Asia. ScanSoft's optical ... More

OFF-SHORE DEVELOPMENT

Softbrands sets up India operations
THE US-based Softbrands Manufacturing, a supplier of enterprise applications software aimed at mid-range manufacturing companies, has announced the setting up of its India operations with the start of Softbrands Manufacturing India. SMI, which ... More

E-GOVERNANCE

IAS officers laud e-seva
A 25-member team of Indian Administrative Service (IAS) Officers, of the rank of Joint Secretaries of Government of India from across the country that visited the e-seva centre at Khairatabad here on Thursday, has appreciated the concept of ... More

TN district administrations getting Web-savvy
Apart from contact details of various Government departments, the Web sites provide details about the geographical area of the district, tourism destinations, climatic conditions and strengths in terms of industries. More

NEW PRODUCTS & SERVICES

IBM launches ServicePac
BANGALORE: IBM India has announced the enhancements of its security solution for small and medium sized businesses, as well as individuals with the launch of IBM's ServicePac for security services. IBM's security ServicePac combines ... More

Borland unveils Delphi 7
BANGALORE: Borland Software Corporation has announced Borland Delphi7 Studio, featuring full support for new and emerging Web Services, integrated model driven development, and preview capabilities for the Microsoft .NET Framework. ... More

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