Corporate Results of over 2500 companies
Tuesday, March 27, 2001

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MIT to recast organisations under four silos
In a significant move to bring focus to the development of the IT sector in India, the Union Ministry of Information Technology (MIT) has decided to recast the 12 independent organisations which are under its administrative control.

Syntel to develop Talawade campus ashub to deliver tech solutions abroad
Syntel India, a subsidiary of the $165 million Syntel Inc, proposes to develop Talawade facility near Pune as a hub to deliver technology solutions to South East Asia, Europe and Australia.

IndusInd Media considers entry into basic telephony services
The Hindujas-promoted IndusInd Media and Communications Limited (IMCL), is seeking to get into the basic telephony service operations in the state of Maharashtra. The company may either bid for the basic licence on its own or get into an alliance with a licencee.


  DoT pulled up for delay in release of funds to C-DOT
  C-DAC launches language, tele-medicine applications
  Cuts make PC firms bleed as profits, sales continue to fall
  C-DAC needs to reinvent itself, says A Paulraj
  BSNL extends GSM tender submission date to Apr 10
  What's in a name on the Web?
  News byte
  e-Briefing
  Divergence in convergence raises basic concerns
  Website pitches for outsourcing payroll taxation as revenue model
  New Ku-band Telugu TV channel launched
  Mistral Soft gets $3 m in first round of funding
  Tokyo bourse plans seminar in Seoul to attract start-ups
  EDS plans aggressive foray in India
  Toshiba, Matsushita tie up for factory network system
  News byte
  Oil prices buoyed by US gasoline jitters

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