Posts From CIOL Bureau

The duties you need to know

By : CIOL Bureau

A tabular detail on the changes in Customs duties post Union Budget.

Budget implications on IT industry

By : CIOL Bureau

An easy-to-understand guide on how Budget will effect the IT industry.

Sun sets up $300 m. VC pool, buys Innosoft

By : CIOL Bureau

Sun Microsystems announced it has set up a $300 million venture capital fund to help promising Internet startups get off the ground. It also announced the acquisition of Innosoft electronic messaging company.

Verisign buys Network Solutions for $17b

By : CIOL Bureau

Network Solutions, the long-time leader in distributing Web domain names, has agreed to a $16.8-billion take-over offer from VeriSign, a Web security company.

Microsoft CFO indicates progress in settlement talks

By : CIOL Bureau

Microsoft chief financial officer John Conners has given indications that Microsoft may be working towards a settlement in the antitrust case.

Intel employees to get free PC, Net access

By : CIOL Bureau

Intel has become the latest company in what appears to become a big trend by announcing that it will provide each of its 70,000 full-time and part-time employees a free home computer and Internet access.

C-Cube to spin off chip group

By : CIOL Bureau

Silicon Valley high-tech company C-Cube Microsystems announced its decision to spin off its C-Cube Semiconductor unit as a new company by the same name.

News in brief…

By : CIOL Bureau

PC sales growth estimated at 20% in 2000, Comdex group to become independent firm, IBM extends reach of Palm with remote management

Kerry Packer picks up 10% in HFCL

By : CIOL Bureau

Australian media player Kerry Packer has picked up 10 per cent stake in telecom equipment manufacturer Himachal Futuristic Communications, for Rs 1,039 crore.

indiainfo.com acquires Just Dial

By : CIOL Bureau

Indiainfo.com has acquired Just Dial, an information service company in Mumbai in a cash and stock deal and the value of which is not disclosed.

Govt. likely to consider Nasscom demands : Mehta

By : CIOL Bureau

The government has given indications that it would rework the tax proposals in ”a favorable way” on infotech and software companies announced in the 2000-01 Budget, said Nasscom.

MoF refuses to remove ESOP tax

By : CIOL Bureau

Despite strong lobbying by IT minister Pramod Mahajan, the finance ministry has ruled out removing tax at the time of exercise of employee stock option scheme, anticipating misuse of the scheme.

Home office biggest potential PC market: IDC

By : CIOL Bureau

The biggest potential market segments for PC are the home/home offices and the SME segment with 65% and 56%, respectively, according to the latest survey named Map IT conducted by IDC.

Learning to buckle your shoe

By : CIOL Bureau

Calcutta-based LearningSpiral.com Pvt. Ltd. will launch its new portal www.buckleyourshoe.com in the third week of March.

Delhi IT.com: high expectations, low visibility

By : CIOL Bureau

Delhi IT.com was the first IT exhibition organized by the Government of Delhi to achieve Chief Minister Shiela Dixit’s dream of making Delhi the ‘IT capital of the country’. However, it proved to be a damp squib.

MTNL to raise Rs 1,000 cr. in bonds

By : CIOL Bureau

MTNL plans to raise Rs 1,000 crore from the market out of which Rs 500 crore will be through issuing bonds and the other Rs 500 crore will be through the green shoe option.

Infosys, Ceprehen tie up to offer B2B services for construction industry

By : CIOL Bureau

Infosys Technologies Ltd. and Cephren, provider of online collaboration and e-commerce services for the global construction industry, has announced a strategic partnership.

Nandu Pradhan takes over as Onward Novell ED

By : CIOL Bureau

Nandu Pradhan has taken over as the executive director of Onward Novell Software (I) Ltd.

Asset Intl. launches Knowledge Management course

By : CIOL Bureau

Asset International the technology training arm of Aptech Ltd., has launched a training program on Knowledge Management – KM@asset, which the company claims to be the first of its kind.

AMD beats Intel in 1 GHz race

By : CIOL Bureau

AMD has beaten Intel Corporation in the game of chip speed by introducing the one-gigahertz microprocessor for volume sales on Monday.