In contrast to the boom witnessed in the software segment, the computer hardware sector has witnessed a decline in growth rate of over three per cent in 1998-99 mainly due to a dominant grey market. The apex body representing hardware

What does it take to get a venture capitalist interested in financing your young and rapidly growing company

DSQ Software Net Profit up 24%

Open Market, Inc., a leading Internet commerce software company based in Massachusetts, USA, today announced the launch of its India Engineering Center in partnership with LG Soft India. This is be Open Market’s largest engineering facility outside the United States.

In a major restructuring exercise within five months, Azim H Premji, Chairman, Wipro Corporation, has brought in Vivek Paul as Vice-Chairman on the Board of Directors, effective July 26. Vivek will also be the President and the Chief Executive Officer

SANTA CLARA, Calif. July 7, 1999 – Yahoo! today reported net revenues totaling $115,239,000 for the second quarter ended June 30, 1999, a 156 percent increase over net revenues of $44,948,000 reported in the same period in 1998. Pro forma

Major Internet services and computer makers are joining forces to offer an unbeatable deal to entice millions more to join the Web revolution: free PC’s. The deal would boost the number of computer users connected to the Internet, especially among

With the web-based e-commerce use in the Asia Pacific region rising sharply the revenues from electronic commerce are expected to top $1.3 billion by 2003, said International Data Corporation (IDC). E-commerce applications in the region surveyed (excluding Japan), showed revenues

V-commerce not only complements e-commerce, it further, increases the latter’s reach and accessibility

India Dazzles At CeBIT’99

Polaris Software Ltd may rework its proposed public offer as Securities & Exchange Board of India (SEBI) might liberalize IPO (Initial Public Offer) listing norms. Instead of 25 percent equity dilution, the minimum prescribed under current norms, the company may

Free incoming calls on cellular phones are unlikely to come into effect on August 1, the deadline set by the Telecom Regulatory Authority of India ( ). According to the Department of Telecommunications (DoT) sources the exercise of upgrading close

Apple Computer Inc. said it has filed a suit against Future Power, Daewoo Group and Daewoo Telecom, alleging that a new PC launched by Future Power has copied the industrial design of Apple’s consumer iMac. The complaint, filed in US

The new earth station will be installed at Videsh Sanchar Bhavan – Sanjaynagar which will act as the centre for providing leased lines internet services and the site at International Technological Park Limited (ITPL) will act as a hub. According

Zenith Computers Ltd. (ZCL) the personal computers major is in the process of buying software companies in Singapore and the US. The company will spend Rs. 50 crores in the next six months on buying out a software company each

Hughes Software Systems (HSS), a communications software company, has launched Campus@NET, a placement preparation program for engineering graduates on its website www.hssworld.com. The Campus@NET Program is a web-based information site that disseminates useful information, career tips and tests for engineering

Satyam Infoway unveiled a new service ExpressFrame@Satyam. This will enable businesses to interconnect their nationwide offices to suit their individual requirements over a multi-service ATM (Asynchronous Transfer Mode) backbone. ExpressFrame@Satyam, similar to Wide Area Networking, provides point-to-point dedicated virtual circuits.

The first private Internet Service Provider in the country – Satyam Infoway Ltd. ruled out any further cut in Internet tariff unless the state owned Videsh Sanchar Nigam Ltd. offers to slash its price. Mr. Pradeep Lakshmanan, Vice-President, Internet sales

Delhi based Indian Oil Corporation (IOC) is planning to enter into telecom sector through leasing its optical fibre cable networks to various telecom companies and Internet Service Providers. According to the IOC officials, US based telecom major JMS alongwith Telecommunications

The Board of Directors of Ramco Industries Limited have recommended to de-merge Ramco Systems as a separate entity and transfer the company’s fast growing software business into a new company, named, Ramco Systems Limited. The de-merger will be effective, subject