Tuesday, December 19, 2000
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KPL picks up 5% in Chemvalue.com
KPL International Ltd, earlier known as Kanoria Petroproducts Ltd, a part of Rs 600 crore Kanoria chemical group engaged in the marketing of high quality chemicals polymers and allied products has picked up 5 per cent equity stake in Chemvalue.com with an option to take up further 5 per cent equity in next six months for an undisclosed amount. Chemvalue. com is a leading E-portal for chemicals in India.

Hellobrain, Intel Corp in alliance
Hellobrain.com and Intel Corporation have joined hands to develop an intellectual capital exchange to benefit companies worldwide using Intel's Itanium processor architecture in their products. The new exchange, available through online Intel developer services, will make it possible for developers to source and complete Itanium processor development solutions from across the world.

IT&T's development framework for HotelOwners
The US-based HotelOwners Inc has selected the Indian software company, IT&T to use its development framework, B2B kernel for its e-procurement portal project worth $3.3 million. The order includes integration of three licenses of B2B kernel.

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