Tech

Teklogix opens Indian subsidiary

By : CIOL Bureau

Canada-based Teklogix Inc, a real-time data collection and communication solutions provider, has launched its wholly-owned subsidiary in India.

HCL Tech offers share options to US clients

By : CIOL Bureau

HCL Technologies has granted share options to two of its US-based clients, GTECH and KLA TENCOR, which will result in a equity dilution of 3.5 per cent over a five-year period.

HP to host Intelisys web portal solution

By : CIOL Bureau

Hewlett Packard will host Intelisys Electronic Commerce’s Web portal solution, which enables customers to create scaleable, online business-to-business trading communities.

HECL to use VSNL’s Internet infrastructure

By : CIOL Bureau

VSNL and Hughes Escorts Communication Ltd. have signed an agreement that would enable HECL to use VSNL’s Internet infrastructure.

Madurai Telecom launches “Internet For All”

By : CIOL Bureau

The Department of Telecommunications’ Madurai Telecom has launched an Internet for All service to local subscribers.

Sun launches dot-com support programme

By : CIOL Bureau

Sun Microsystems this week launched a new “Start-up Essentials” programme for Internet start-up companies.

Compaq mimics Apple with iPaq

By : CIOL Bureau

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Bill Gates says he would like to settle

By : CIOL Bureau

As the U.S. Justice Department stepped up efforts to have severe penalties imposed upon Microsoft following its decisive court victory, Microsoft chairman Bill Gates said he wanted to work out a settlement.

U.S. congress backs e-signature law

By : CIOL Bureau

The US House of Representatives has said that business contracts transmitted over the Internet with digital signatures are as legally binding as printed contracts with hand-written signatures.

Intel will not stock up for Y2K

By : CIOL Bureau

Intel has said that it will not increase its stock of products to be prepared for the aftermath of the Y2K bug.

TCIL ties up with JMS to provide Internet services

By : CIOL Bureau

Telecommunications Consultants India Ltd. (TCIL) has tied up with US-based JMS Worldwide for providing Internet services covering the entire country.

Cabinet approves MTNL ESOP plan

By : CIOL Bureau

The Union cabinet has approved the proposal of MTNL to offer 200 shares per employee at Rs 146 per share under the employees stock option plan (ESOP).

MphasiS to introduce e-business solutions for India

By : CIOL Bureau

MphasiS plans to introduce e-business solutions for the Indian industry and achieve a revenue target of $6 million.

HP to give e-speak source code free on Internet

By : CIOL Bureau

Hewlett Packard has announced that it would make the source code of its new software product e-speak available free over the Internet

HCL Tech fixes IPO price

By : CIOL Bureau

HCL Technologies Ltd. (HCLT) has fixed a price band of Rs 450-540 per share of Rs 4 each for its initial public offer (IPO) of 14.2 million shares through the book-building process

Nortel sets off price war with huge cuts

By : CIOL Bureau

Nortel Networks has slashed prices on some systems that compete directly with Cisco, setting off a price war.

Foreign investor to take 30% stake in DSQ

By : CIOL Bureau

DSQ Software Ltd. indicated that a foreign strategic investor was likely to pick up close to 30 per cent stake in the company soon through a preferential allotment.

Sun unveils Java tools

By : CIOL Bureau

Sun Microsystems has announced two new Java tools and has claimed huge success for its StarOffice.

Internet economy grows 68%, creating 2.3m jobs in the US: Cisco

By : CIOL Bureau

The Internet economy grew by 68%from the first quarter of 1998 to the first quarter of 1999, generating an estimated $507 billion in the US.

CAG indicts TRAI for unauthorized issuance of orders

By : CIOL Bureau

The Comptroller and Auditor-General of India has indicted TRAI for “unauthorisedly issuing a number of orders”.