Monday, March 19, 2001
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Tata Consultancy Services to float eAsiaFinance
Tata Consultancy Services will develop and establish eAsiaFinance. eAsiaFinance will provide leading Asian banks wealth management products and services using the Internet as a communication and delivery channel in conjunction with the bank's existing distribution networks. TCS has partnered with Sweden's Skandinaviska Enskilda Banken (SEB), one of the world's leading Internet-centric banks, Ankar Capital Management, New-York based wealth management advisory services company and Compass Venture, a financial investor to form eAsiaFinance. McKinsey & Company is a strategic advisor to the alliance.

Infosys Technologies to double Aetna team
Infosys Technologies Limited plans to double the size of the Infosys team working with Aetna Inc, a leading health and related benefits organization, to 500 by the end of this year. Infosys began its relationship with Aetna in 1999 and building on its achievements, initial targets of the Infosys team for Aetna of 250 people would been doubled to 500 by the end of 2001, an Infosys press release said.

Datacard Group, Logica in marketing pact
Datacard Group and Logica form partnership to market and maintain Datacard's pma multi-applications smart card management system. The Datacard system will now be offered by Logica along with Quaestor and Qcards solutions to banks and financial institutions in India and also the Middle East and Asia Pacific regions.

Computer Associates introduces ARCserve 2000 protection suites
Computer Associates International Inc has introduced ARCserve 2000 protection suites for eBusinesses relying on Oracle databases, Microsoft Exchange or Lotus Notes. By packaging its leading data backup, storage, and recovery management products for three popular database and messaging environments, CA is offering mid to large-sized eBusinesses a highly convenient, cost-effective way to procure and deploy an integrated, full-featured data protection solution.

Zip drive: Iomega Pacific eyes high growth in India
IOMEGA Pacific, a subsidiary of Iomega Corporation, a provider of data management solutions is targeting a three digit growth rate in India this year according to Mr Sanjeev Gupta, marketing manager, South Asia, Iomega Pacific. With a current five per cent attach rate to PCs, i.e., five per cent of PCs sold have zip drives attached to them, the company is planning to push it to about twelve per cent. The company will also shift its focus to specific vertical segments.

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