A new matrimonial and dating portal - humsafar.com - aimed at the younger generation is also on the anvil. The group plans to invest about Rs 20 crore over the 2-3 years in expansion of its business operations, according to flagship company Agarwal Global Ltd's chairman Rajendra Agarwal.

Mr Agarwal said the funds would come from internal accruals and strategic partners for which talks were on with some foreign and Indian companies. He, however, declined to disclose the names of potential partners.

Mr Agarwal told The Financial Express that AGL's Exact accounting software has been modelled designed to provide comprehensive solutions for any entity accounts - ranging from big business organisations to small retailers. It covers every aspect of business accounting including manufacturing.

AGL's business directory on a CD-rom will contain classified and categorised names and addresses of more than five lakh business entities in the country. The CD-rom will have a powerful search engine to retrieve relevant information quickly.

Mr Agarwal said though there are a number of accounting softwares available in the market for business accounting, none of them provides a solution to the complex and difficult part relating to excise.

"Through Exact, we have tried to address the problems of business community specially keeping the statutory excise records, in simplest form," Mr Agarwal said.

The accounting part of software will take care of data from voucher entry stage to final accounts including necessary annexures and schedules such as fund flow statement, bank reconciliation, assets details, depreciation charts etc. Mr Agarwal said it will generate all possible kinds of reports from database, in pre-defined format by user as per the requirements.

In addition to regular accounts, the software will track and keep a record of inventories whether they are in the shape of raw materials, work-in-progress or finished goods. The same records can be printed in self-defined formats by users for making different reports.

Mr Agarwal said the excise/manufacturing accounts will make invoices in statutory format, keep all statutory registers and print requisite excise returns from database. "Other features of AGL's Exact include on-line display of balances with warning on negative balance, in-built pop-up calculator and calender, life time free online/offline updates and support and 100 per cent piracy proof software with in-built security lock," he said.