Posts From CIOL Bureau

VSNL to slash Internet access rates by 10-15%

By : CIOL Bureau

Following MTNL’s decision to slash Net tariff, the Videsh Sanchar Nigam Ltd. has announced 10-15% cut within the next fortnight.

CVC favors common regulator for Net, telecom, broadcasting

By : CIOL Bureau

Chief Vigilance Commissioner N. Vittal has said that government should consider a comprehensive regulatory authority for various disciplines of communications including telecom, broadcasting and Internet.

Comdex India snippets

By : CIOL Bureau

Here is the latest corporate news from IT World ’99 Comdex India being held in New Delhi.

MGE Systems to set up manufacturing base in India

By : CIOL Bureau

The French UPS manufacturer MGE Systems will be setting up a manufacturing unit in India by April 2000, Pondicherry being the likely site.

Hitachi to move all DRAM production out of Japan

By : CIOL Bureau

Hitachi has announced that it expected to end domestic production of DRAM memory chips as early as 2001. The company has been shifting DRAM production to plants in Singapore.

Sun moves into the server farm business

By : CIOL Bureau

Sun Microsystems has said that was partnering with Inktomi and Digital Island to install 5,000 high-speed Internet servers at Internet Service Providers in 350 metropolitan areas around the world.

Another Linux start-up strikes gold on Wall Street

By : CIOL Bureau

Yet another Linux company has received massive support from the investors. Andover.Net, a network of Web sites aimed at Linux software developers, went public Wednesday and the stock immediately surged $45 (250 per cent) to $63.25.

MatexNet gets VC funding from ICF Ventures

By : CIOL Bureau

Bangalore-based MatexNet Pvt. Ltd., engaged in business-to-business e-commerce services, has announced that it has received venture capital funding from ICF Ventures.

Tata Elxsi releases Maya 2.5 in India

By : CIOL Bureau

Tata Elxsi the master reseller for Alias Wavefront in India has launched the latest version of Maya, the animation and modeling software.

Texas Instruments to focus on cable modem segment

By : CIOL Bureau

Texas Instruments (TI) will focus on a new VoIP cable modem reference design based on its programmable digital signal processor (DSP) platform.

Nasscom 2000 show in February

By : CIOL Bureau

Nasscom has announced that it will be holding “the first mega IT show of the millennium Nasscom 2000”, in Mumbai early next year.

IT vendors eye healthcare in India

By : CIOL Bureau

With the opening up of the insurance sector, healthcare has become the new focus of IT vendor

Goldstone Engineering changes name to Goldstone Technologies

By : CIOL Bureau

Goldstone Engineering Ltd., a Hyderabad-based telecom equipment manufacturing and software development company, has announced its decision to change its name from Goldstone Engineering to Goldstone Technologies.

Sun drops Java standards effort

By : CIOL Bureau

Sun Microsystems has formally announced that it was giving up on making its Java programming language an industry standard and withdrew its Java standard proposal from the ECMA, the European standards body.

Microsoft targets downloadable music, video markets

By : CIOL Bureau

Microsoft has announced that it was teaming up with General Instrument and Texas Instruments in a new assault on the leadership position of RealNetworks in the market of downloadable music and video.

New storage start-up hit the jackpot

By : CIOL Bureau

C3D’s strategy to stage a public demonstration of its revolutionary data storage technology in the heart of Silicon Valley has payed off as the stock rose by more than $20 last week.

Lanco Global launches Bidpapers.com

By : CIOL Bureau

Lanco Global Systems Ltd. has unveiled an interactive business-to-business portal, www.bidpapers.com, that provides information on tender notifications which facilitates immediate reach round the clock.

Software business to be moved to Pentafour Communications

By : CIOL Bureau

Pentafour Software and Exports Ltd. plans to transfer its software business division to its group company, Pentafour Communications Ltd.

OTCEI plans to become the Indian Nasdaq

By : CIOL Bureau

The Over The Counter Exchange of India is planning an aggressive campaign to target the information technology companies in a bid to become India’s answer to US Nasdaq.

Justice lawyers say Microsoft broke the law

By : CIOL Bureau

As settlement talks continued in Chicago this week, lawyers for the U.S. Justice Department and 19 states filed papers with Judge Thomas Penfield Jackson accusing Microsoft of breaking antitrust laws in at least four ways.