Archive

CSFB cuts India to neutral, prefers Singapore

By : CIOL Bureau

Credit Suisse First Boston cites economic slowdown, rising inflation, slowing earnings, falling fund investments and concerns over technology sector valuations as reasons for cutting India rating from Overweight to Neutral.

IBM unveils wireless products, services for business

By : CIOL Bureau

The software, called Superior Wireless Applications or SWAP, will drastically increase the number of remote functions that can be carried out by handheld devices.

Napster, BMG alliance draws mixed reviews from users

By : CIOL Bureau

Bertelsmann AG, the parent of music major BMG, has said it will drop all charges against the song-swap company, Napster, once it implements a membership-based service that pays royalties.

MS releases test version of new Windows

By : CIOL Bureau

The new Windows version, code-named Whistler, will offer software and hardware vendors with a single code base on which they can develop applications and devices for the home and the corporate segments.

India’s H1 software exports up at $2.86 b.

By : CIOL Bureau

India is well on its way to overtake last year’s software exports of $4 billion. The country’s software exports in the first 6 months of 2000-01 were at Rs 131 billion compared to Rs 80.6 billion in the year ago period.