Risk Management Series
Tuesday, August 15, 2000

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Think Tank
This week we focus on a complete analysis of the
poverty industry
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Dhadkan.com cedes 25 per cent equity to Nagpur-based investor
Dhadkan.com, a comprehensive music site which went live in January 2000, has divested 25% of its equity to a Nagpur-based angel investor, according to Sidharth Taparia, Founder of Dhadkan.com.

Asia Online to invest $20 m on two-year acquisition spree
Us-based Asia Online Ltd, which set up its 100 per cent subsidiary in India in March 2000, plans to invest upto $20 million to fund acquisitions and expansion in the country. The investment will be made in a phased manner over the next two years.

Picture Tel -- In search of intelligent video conferencing
Us-based Picture Tel Corporation is all set to launch its latest plug `n' play, multimedia video conferencing unit -- 970 -- in India. The iPower technology platform of the the unit was developed by the company in association with Intel, which also has significant investments in the former.

The changing colours of Airtel
The Rs 354-crore Bharti Cellular Ltd is abuzz: underway right now is a shift in the generic positioning of its brand, Airtel.

Star's Hindi business channel to target rural viewers too
Star TV is planning to launch a Hindi business news channel aimed not only at the urban elite but also rural viewers, according to sources. The decision has come at a time when NDTV, which provides content to Star News, is working on having its own business channel.

RPG Cellular -- Winging its way to profitability
RPG Cellular Services Ltd, the Chennai-based cellular telephone company of the RP Goenka group, has claimed to have emerged as one of the first private sector cellular operators to achieve a net profit position since June this year.


  Ministry of information Technology to unveil e-office package today
  Indiaport.com offers to take the sweat out of shipping
  Fascel in alliance with iSolve for SMS services
  Selectica gets US patent for developing product configuration models
  Microsoft ships final high-end Windows 2000
  EPA's Web security still vulnerable to hackers
  Koz.com to merge with Internet Tradeline
  Judge expands on Napster shutdown order
  Japan PC shipments surge, newcomers cut NEC share
  News bytes
  Rajasthan totake informationkiosks scheme to more villages
  Ramco Systems' e-comm strategy to focus on financial services, healthcare
  CPI(M) launches its first TV channel in Kerala today
  Star Logistics woos Austrian co for marketing alliance
  Batchmates to launch education trust today
  NTT's expansion won't affect rating -- Moody's
  Padmalaya lists at a marginal premium in a listless market
  Zenith Info gets shareholders' nod for ADR issue
  Trading in News Corp halted pending announcement
  Vikram Software offers 15 lakh shares at a price of Rs 10
  Foreign markets
  Parachute coconut hair oil -- Sealing strategy with Shudhata
  Bharti Cellular repositions Airtel, doubles adspend
  `My aim is to sell aspirations in just 30 seconds'
  Sharper Image to expand reach thru exclusive franchisee outlets
  Marketplace
  E-Briefing

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