Mumbai-based
software services company, Mastek Limited, has earmarked
over Rs 25 crore to be invested in setting up a third
software development centre in Mhape by early 2002. A
part of this fund will also go into the maintainence of
its existing facilities. In India, Mastek has two development
faclities, one each in Pune and Mumbai.
Music
and IT majors play to Net audience
If Napster showed the Internet’s capability to deliver
music to the masses free of cost, another American company
RealNetworks is trying to bring semblance of order to
the online music world via a fee model.
Star
set to produce first reality TV show in India for Channel
V
Star is set to produce its first reality TV show in the
country, as it puts big money to acquire the licensing
format of the popular international programme, PopStars,
from Sportsworld Media group of Australia.
McDonald’s
India targets break-even by 2003-04
Fast-food giant, McDonald’s India plans to achieve a break-even
by 2003-04, said joint venture partner and Hardcastle
Restaurants managing director Amit Jatia.