VSNL waves red flag to FLAG proposal
While most internet providers across the country are under the impression, following media reports on the PM's announcement at an infotech ministers meet recently, that VSNL no longer has the monopoly over international bandwidth, they have another think coming.



Rs 48,000 cr e-business revenue by 2005
National Association of Software and Services Companies (Nasscom) on Thursday said the country can earn revenues of Rs 48,000 crore from E-business by 2005.



InfoSpace founded by US NRI buys Go2Net for $4 bn
InfoSpace Inc, which syndicates content to Internet portals and wireless companies, on Wednesday agreed to buy Go2Net Inc for about $4 billion in stock, giving InfoSpace technology to process online payments and deliver interactive games.



Other headlines
ThatsAhmedabad.Com claims to be the first Extranet portal in India
VSNL announces 1-1 bonus, Q1 net up 8%
Multinationals agree on pact for labor rights
ONGC post impressive Q1 results
US plans to block lending to Indian steel industry
Amazon loss widens to $ 115.7 mn
IT stocks rally, Sensex up by 90 pts
SBI net profit jumps 33 pc