UTI Internet Fund takes 11% in indiaelectricmarket for Rs 4 Cr
UTI Internet Fund has picked up an 11 per cent stake in indiaelectricmarket.com, a B2B portal on the electrical industry, at Rs 4 crore. This is UTI's first investment in any portal.

Phreakers beware! Praesidium is here to trace your mobile manipulations
While cellular phone operators across the world are going the whole hog focussing on customer acquisitions and easy subscriptions to SIM cards, telecom ``phreakers'' or hackers are having a field day.

More WAP on tap -- Escorts arm gears up for launch
Cellnext Solutions Ltd, a recently-spawned Escorts Group company, has set its sights on Bangalore to launch its WAP-based Internet access and related services within two months. The company will next offer the services in New Delhi.


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