Taking stock -- CCE Software in 60:40 JV with Paris firm
Nasdaq is passe, Easdaq is hot. Targetting Europe's answer to the Nasdaq is Calcutta-based CCE Software Pvt Ltd, which has recently entered into a 60:40 joint venture with CIME Labs of Paris to float a software firm CIME-CCE Software Pvt Ltd.

MegaVisaChem.com ties up with SingTel arm for auction platform
MegaVisaChem.com, an India-specific portal for online chemical trading, has tied up with Sesami.com, a subsidiary of Singapore Telecom, for its auction platform.

GVFL disburses Rs 10 crore to three IT firms
The Gujarat Venture Finance Ltd (GVFL), which had recently launched its Rs 18-crore fund exclusively for information technology (IT) sector, has sanctioned about Rs 10 crore to three firms.

Mahindra-British Telecom's Vision 2005
Mahindra-British Telecom (MBT) has chalked out a `Vision 2005' plan in order to become a research and development (R&D) oriented company. It also envisages acquisitions of technology companies in Europe and the US.

Bandwidth prices may be slashed -- DoT secy
Close on the heels of reduction of charges for the long distance calls, the Videsh Sanchar Nigam Limited (VSNL) is proposing to reduce the prices for bandwidth. An indication to this effect was given by the Department of Telecommunications (DoT) secretary Shyamal Ghosh, while talking to the newsmen on the sidelines of a seminar on "Insurance@IT: New Paradigms" organised by Assocham here on Tuesday.

Vittal unveils portal for insurance industry
When an American lawyer, who lost his mother-in-law, was given the option of cremating, burying or embalming his mother-in-law, he replied: "All three, I don't want to take any risk." That's the best description of insurance for N Vittal, Central Vigilance Commissioner, who was speaking on an Assocham seminar on ``Insurance@IT: The new paradigms''. ``The business of insurance is based on an intelligent understanding of risk.


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