Cyber Media (India) Ltd, the publishers of popular IT magazines such as Dataquest, Voice and Data and PC Quest, has added a fortnightly called DQ Channels India to its stable to meet the communication requirements of the IT channels. The group, with a turnover of Rs 40 crore per annum, already caters to various segments of the Rs 20,000-crore IT industry with its nine publications. Cyber Media feels that the channels in India are vastly different from those abroad and hence, the need for a specialised publication to cater to them. Later, the group is also keen to launch a publication in the US. It would soon embark on a strategic marketing plan.

OPTera Metro

Microsoft and Nortel Networks have started trail work on OPTera Metro and 10 gbps high-capacity optical networking equipment to support its private corporate data network linking Microsoft's Seattle area business locations. Microsoft is also trailing Nortel's IP-over-light technology for its large bandwidthcapacity as well as flexibility and cost efficiency of the protocol independent open optical solution.

BIPS Stock Gold

Jaipur-based BIPS Infotech has developed a complete software solution, based on the state-of-the-art technology for office management and accounting of share brokers. Known as BIPS Stock Gold, the latest solution is based on Windows which is compatible to the system adopted by NSE, JSE, BSE and other SEs. BIPS Stock Gold has been designed on a local area network using the client-server architecture. Sources in BIPS Infotech informed that the new solution takes care of the Y2K problem as it maintains the year part of the date in four digits. On the first day of the year 2000 it will run efficiently. It is feared that all other existing packages of share brokers may fail. It also supports working with multiple SEs and it could handle operations of more than one share broker company. The new package also supports accounting for multiple financial years concurrently.

SatyamComputer

Satyam Computer is expecting to log in a turnover of around Rs 640 crore this financial year, signifying about 50 per cent growth over last year. In fiscal 1998-99, Satyam had registered a turnover of Rs 419 crore. Of this, as much as 28 per cent revenue accrued from Y2K solutions. However, Satyam Enterprise executive director Srini Raju maintained that the expected loss due to petering out of Y2K related projects will not affect the company's bottomline. The company aimed to make up for this loss by offering web-enabled services.