Mahajan presses for sops on ESOPs
The Ministry of Information Technology (MIT), has asked the Finance Ministry to remove anomalies in the provisions for employee stock option plans (ESOPs), and the discontinuation of tax concessions to units under sections 10A and 10B of the Income Tax Act.

Lucent strengthens India focus -- Supplies 1 mn telephone lines to DoT, MTNL
Lucent Technologies has provided one million telephone lines to the Department of Telecom (DoT) and Mahanagar Telephone Nigam Limited (MTNL) in 55 different cities across India.

`Net no longer a kid's domain -- Seniors outpacing young geeks in surfing'
It's official now. Older people are emerging from behind their thick glasses and arthritic fingers to become World Wide Web surfers with such intensity that even young geeks are turning envious. Check out the numbers.


  WebSelling
  EmpowerTel, Leading Edge to set up $5 million telecom lab
  Plexus ties up with AOL arm for digital mapping
  Scouting for talent
  Shipi ties up with UK based ISP Mediascope
  VSNL to offer value-added services to corporates
  Broadcast Worldwide to launch four regional channels
  e-Briefing
  ...And warns IT industry to shed urban-rural bias
  Telemed 2000
  Lucent to upgrade Escotel GSM network for $35 million
  Rhyme time
  Satyam Infoway incubates youth portal
  News bytes
  Banyan Venture to bring in over $ 100 m
  Xplora in strategic alliance with US firm
  Deltagram offers e-commerce as value addition to sat-mail services
  Chemical reaction -- Two new B2B chemicals exchanges debut
  News bytes