Risk Management Series
Friday, July 7, 2000

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Think Tank
This week we focus on a complete analysis of the
exports industry
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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.

Shinawatra Intl transfers 33% Fascel equity to Infocell
Shinawatra International of Thailand has transferred its 33 per cent equity stake in Fascel, the cellular services provider in Gujarat circle, to Infocell. Infocell is currently held by the main promoters of Shinawatra, in their individual capacity.

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.

Private ISPs make a strong pitch for level-playing field
Are private Internet service providers (ISPs) heading for another bitter tussle with the Department of Telecom Services, Videsh Sanchar Nigam Limited and Mahanagar Telephones Nigam Limited?

Indian IT industry clocks 63% growth in '99-2000 -- Computers Today survey
The total Indian infotech industry grew by an impressive 62.9 per cent in 1999-2000, according to the annual industry survey released by Computers Today, of India Today Group.


  Prasar Bharti acting CEO likely to get six-month extension
  Jobcurry receives $5 m funding from iGate Cap
  Subex unveils anti-fraud phone software
  BT unveils new roaming facility for airlines
  iCMG to focus on providing B2B products
  Scant revenue -- China portal shakeout seen
  News bytes
  Raising resources -- Ma Foi mulls offering stake to Jobstree.com
  Telecom tariffs need fresh rebalancing -- Plan panel
  Mailjol.com multilingual service sees NRI rush
  SSI-- Building employee loyalty through participative management
  Entry of Indian-made computers in global market inevitable, says Infosys chief
  Advertisers change track! The Railways are open for business
  MRO-TEK plans Rs 36.91-crore expansion
  Bharatplanet.com forays into health services, targets $1.5m revenue
  P&G launches fabric odour cleaner Febreze
  SurfGold.com-- Seeking loyal customers
  Melodus -- Bringing live jam sessions to the Web
  FCML to market and distribute Jacob Delafon products
  Procter & Gamble peers beyond TV to reach targets
  NSE.It, Iflex Solutions plan `broker plazas' for direct trading in overseas mkts
  Underwriters commit Rs 100 cr for Mukta Art's IPO
  Sun F&C MIP gives 0.9%
  Cost of Internet trading is prohibitive, says depository participants' forum
  Marketplace
  Asian markets

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