Financial Daily
from THE HINDU group of publications

Tuesday, October 31, 2000





Financial Performance
SSI Q2 net up at Rs 27.5 cr
SSI Ltd has reported a net profit of Rs 27.58 crore for the quarter ending September 30, as against Rs 6.75 crore reported for the corresponding period last year.

Information Technology
Calsoft launches B2B product suite
THE Chennai-based California Software Company Ltd (Calsoft) has announced the launch of its B2B trading product suite, Ebiz Market Server.

IT.Com to focus on common man
IT is time again for Bangalore's annual IT fair, IT.Com, that opens on November 1 to coincide with the State's Rajyotsava celebrations.

Portal for bearings goes live, a B2B vertical industry portal providing a neutral market place for buyers and sellers of the bearing industry has commenced operations from October 2.

Online processing of visas
CHENNAI: TT Services, a division of TT Enterprises Pvt Ltd, which handles the drop box visa applications for the US Consulate in Chennai, has launched its Web site, This facility will be available from November 1.

Nasscom protests tax `hurdles'
THE information technology industry is protesting the Government's decision to allow `tax pass through' only to those venture funds who offload their investments in any company within a year of that company going public.

Nortel earmarks $350 m for hi-speed Internet
NORTEL Networks, the global internet and communications major, on Monday said that it would invest up to $350 million in India over the next three years as part its plan to bring the high-performance internet to the country.

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