Risk Management Series
Friday, October 20, 2000

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Think Tank
This week we focus on a complete analysis of the
financial institutions industry
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Kerala govt allows laying cables along roads for free
After two months of dithering, the Kerala Government has announced the decision to allow private ISPs and telecom companies to utilise state highways for laying fibre-optic cables free of charge.

BPL, Bharti, Batata, Reliance to emerge winners
According to a Jardine Fleming report on `The Emerging Topography' in the cellular industry, Batata has paid through its nose for acquiring RPG Cellcom in MP, while the Modis struck a bargain in terms of cellular deals, when it bought out Australian partner Telstra's stake in Modi Telstra.

Venture Info raises $30m in second round
Venture Infotek, an e-infrastructure services company for the payments industry, has raised a total of $30 million in its second round of funding from Warburg Pincus, which has invested $27 million and Walden which has infused $3 million into the company.

Sage ready with next generation digital chipsets
US-based Sage Inc is all set to unveil its next generation video processor chipsets =- the FLI9200 digital video subsystem chipsets -- targeted at the digital television segment.

Launching the mother of all sites
In a classic example of putting the cart before the horse, Online IndiaCapital.com Pvt Ltd on Thursday, launched its ``mother site'' Indiacapital.com -- 15 months after it first launched its first Website, mutualfundsindia.com. Mutualfundsindia.com was launched as the first comprehensive content site on all mutual fund schemes operating in India, and in less than a year, was ranked amongst the top 150 Websites of the world by Forbes.

Finally -- There's a biz like show-biz
They are, to put it mildly, highly entertained. With the Union Ministry of Finance notifying that the entertainment industry had been recognised, under the IDBI Act, 1964, as an approved activity under `industrial concerns', the badshahs of Bollywood and Tellywood are sporting 70 mm smiles.


  e-Briefing
  IDBI plans Smart card based prepaid cards
  Bazee.com enters into a slew of tie-ups with dotcoms
  CII meet on media to be held from Nov 3-4
  Indiavision targets Rs 80cr in first round of funding, to break even in 3 yrs
  Internet Explorer 5.5 hole lets hackers read files
  News bytes
  BconnectB.com in pact withSoftGenie for SME product
  Chequemail.com plans officesin Australia, New Zealand
  Transtream Inc floats Indian subsidiary
  Harrah's entertainmentto ban ads that target children and gamblers
  Allsoft in pact with Meganet for outsourcing testing software
  German town invites IT firms to set up operations
  Homeindia.com taps festival season with Uphaar
  Ramrampavna.com to showcase Maharashtra
  Mailjol unplugged launched
  News bytes
  Railway kiosks
  Arun ice-cream manufacturer to offer skimmed milk next
  Failed dotcoms worry consumers waiting for goods
  Parker inks new gameplan
  Cheap firewalls can protect DSL users from hackers
  Euro stocks rebound on expectation beating results
  Nokia stocks surge on interim profit leap
  Stocks mixed on Wall St blues tempered by bargain hunting
  For retail investors it pays to invest for a longer term
  Online investing has its drawbacks

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