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06 March 1998
  US charges 14 with Internet gambling
In the first federal case of its kind, the US attorney's office in Manhattan on Wednesday charged 14 people with running illegal sports gambling operations over the Internet. In separate complaints, the US attorney's office charged the 14 defendants with using Internet Web sites and phone lines to place bets on US professional and college football, basketball, hockey and baseball games.
  Lotus to target private Net operators to hawk nascent eSuite range
Lotus Development Corporation has drawn up a strategy to target prospective private Internet-service providers (ISPs) and large corporates in the country for its newly launched eSuite range of productivity tools. The move is a bid to regain market share in the desktop application-software market.

Go to only reputed X-ray clinics
It can cut either way. Though an important diagnostic tool, X-rays can have disastrous consequences if employed indiscriminately. Over-exposure to X-rays can cause somatic as well as genetic disorders. A patient thus overexposed may become prone to cancer, cataract, malfunctioning of the immune system and/or chronic respiratory problems.
Training providers caught up in financial fraud
Fraud and financial irregularities have been spotted once again involving training providers, writes The Financial Times. But just how big is the problem? Also, is the taxpayer getting value for money out of the UK's government-funded training system?


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Immense scope for venture capital financing
Venture capital financing plays a significant role in accelerating the pace of industrial growth. But the venture capital industry has not taken rapid strides in India compared to other nations in the developed world. Dr J C Verma presents the immense possibilities of venture capital financing in his book "Venture Capital Financing in India".

Global Trust Bank shares touch 52-week high on buy
The Global Trust Bank (GTB) counter has been very active ever since the scrip was shifted to the A group on the Bombay Stock Exchange. In just seven trading sessions the scrip has registered a sharp rise of over 30 per cent to touch a new 52-week high of Rs 66.90. GTB was transferred to the A group on February 23.

 


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