Tuesday, October 31, 2000
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Think Tank
This week we focus on a complete analysis of the
industry
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Taking stock 

 
Mumbai gets e-comm capital status, Deshmukh reprieve
MAHARASHTRA chief minister Mr Vilasrao Deshmukh who has completed a year in office on Monday received a post-Diwali gift when the high-profile Nasscom president Mr Dewang Mehta announced that Mumbai with 76 per cent is the e-commerce capital of India. A visibly overjoyed Mr Deshmukh who is striving hard to maintain Maharashtra's position as the most-favoured state, sought the industry's co-operation for the growth of e-commerce in the commercial capital of India. "There is commerce in Mumbai and naturally there is every scope for the growth of e-commerce here," he quipped.

It's Kanwal Rekhi all the way
The IndUS Entrepreneurs (TiE) president Mr Kanwal Rekhi was a star of attraction at the TiE India 2000 conference after he announced his dream of India becoming a nation of economic prosperity and bursting with entrepreneurship. Literally, each and everyone, from the young and bubbling entrepreneurs to industry veterans, were trying to have a word with Mr Rekhi and seek his guidance on making their business grow.

An e-scape for CRB chief
TiE India 2000 conference had one particularly interesting and unusual participant. The one and only CR Bhansali, the chairman of infamous CRB Group of Companies, which have been facing series of court cases for the "siphoning" of investors' funds and lack of repayment of corporate and bank dues. Mr Bhansali came from New Delhi to attend the proceedings of the first day. Was he trying his luck in the fast emerging e-business, as the accounts of his companies are currently sealed by various courts?

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