Financial Daily
from THE HINDU group of publications

Monday, November 13, 2000





Information Technology
Matrix launches Quick Figurz
CALCUTTA: The Calcutta-based Matrix Infosystems Ltd has introduced Quick Figurz, a new generation accounting software with batch-wise inventory management system for the pharmaceuticals industry.

Ex-3Com, GE Cap experts launch Adeptia
NEW DELHI: In response to demand for integration services, a team of former 3Com and GE Capital executives has launched Adeptia, a Chicago-based company providing application integration and custom engineering services. The company has secu red $1 million in initial funding and services from NetFuel Ventures.

HCL InfiNet expands reach
HYDERABAD: HCL InfiNet, the Internet subsidiary of HCL Infosystems, has launched its services in Hyderabad, Ahmedabad, Bhopal, Coimbatore, Faridabad, Gurgaon, Jaipur, Noida, Pune and Thiruvananthapuram.

Infologic launches
HYDERABAD: Infologic Cybernetics Ltd (ICL), part of the Hyderabad-based Infologic group engaged in the software products and services business and recruitment consulting, has launched, a portal on temples of Andhra Pradesh.

DSQ Software posts gains
THE stock markets continued to be in a bearish mode, driven largely by speculation over PSU disinvestment proposals and the uncertain outcome of the US Presidential elections.

Intop Software to tap market
INTOP Software Solutions Ltd plans to come out with a Rs 3-crore public issue in the first week of December.

New service from iNabling
INFINITY Venture Fund, along with angel investor, Mr B.V. Jagadeesh and ICICI Venture Fund, has invested over Rs 11 crore in the Internet infrastructure company, iNabling Technologies.

Orbit-e places bet on `cash-plus-equity' model
ORBIT-E Consulting, an international digital strategy and systems integration firm founded by Mr Rahul Chawla, the former Managing Director of the Indian operations of Cambridge Technology Partners, aims to be a $100-million company in five years.

Infotech, Cartographic work out merger deal
INFOTECH Enterprises Ltd (IEL), the Hyderabad-based software products and services major, has decided to merge with Cartographic Sciences Ltd (CSL), the Mumbai-based software solutions company which has its unit in the Santa Cruz Electronics Exports Proc essing Zone (SEEPZ).

JBSL launches visa portal
JB Saisoft Ltd (JBSL), a Hyderabad-based software solutions company, has launched two portals -- and

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