Risk Management Series
Saturday, November 4, 2000

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VC exit norms relaxed
Union Minister of Finance, Mr Yashwant Sinha on Thursday announced an easing of exit norms for venture capital funds, which had been imposed a few weeks ago.

Exatt to invest $25 m in becoming an `FSP'
The buzzwords for the convergence age - broadband and more broadband. Bangalore-based broadband and bandwidth player Exatt Communications Pvt Ltd is all set to go onstream with its full-fledged data centers in seven key Indian cities and one in the US.

Peak XV Networks to set up $4 m facility in B'lore
Bangalore-based Peak XV Networks Pvt Ltd, a wholly owned subsidiary of US-based Peak XV Networks Inc, has plans to invest $4 million in a state-of-the-art infrastructure facility in Electronic City.

Seagate to go into overdrive with 180 GB Barracuda
200 movies on your computer. The in-charge of sales and marketing of Seagate in Indian subcontinent, Mr Sharad Srivastava said that over the next two weeks, Seagate will be launching four new drives: Barracuda 36 ES, Barracuda 180, Cheetah 36XL and Cheetah 73LP.

Sun, sand and scripts -- Mauritius woos Bollywood
The Government of Mauritius is all set to woo the Indian film industry to not only shoot but produce their entire film in that country.

DD to decide on DTH on Nov 11
``We'll place the entire framework of DTH in front of the board at the board meeting on November 11.'' The board will then decide whether Prasar Bharati will be a player in DTH or not.


  BBC scouts for partners for vernacular portal, FM radio services
  Spice Cell bags Nepal cell service licence
  New Skies, Sify in pact for satellite-based Net backbone
  DSS Mobile, former Oracle India chief float software JV
  Bhalerao's strategic ramp up for Concio
  ICICI Venture pumps $1.5 million into EasyBuyMusic
  McKinsey executive urges dotcoms to shed `get rich quick' mentality
  Kerala VC fund facing rough weather
  Content is the key in convergence, say media experts
  e-Briefing
  News bytes
  Kshema sets aside Rs 30 crore for expansion
  Access, bandwidth, cost to govern IT penetration
  Slowdown in USIT spending willnot have majorimpact -- Nasscom
  Myneton sets up wholly owned unit in Bangalore
  `Bridge the chasm betweenNet-speed & snail-pace cultures'
  `Always check motivation levels before jumping into a venture'
  `Need to productively think about creating innovation centres'
  Micro bytes
  Dabur chases growth with Amla, Vatika hair oil extensions
  AAAI to set up internal agency rating system
  Relent -- First Japanese cosmetic brand to launch in India
  Agency's use of `British' irony to show horror draws protests
  Market place
  Tokyo stocks may fall next week
  Pharma funds see sharp growth in unit capital led by fresh inflows
  Sweden's Jiway to launch London operations
  Investors book profits on pre-result rally in SSI, IEC and STG
  Deutsche Boerse mulls new trading platform
  Asian markets

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