At present, Globsyn-Webel is involved in the Infinity project at Salt Lake in Calcutta, which is an intelligent city infrastructure project.

Dasgupta said: "We are ideally poised to enter the ISP business. It will be discussed in the board soon and we will probably apply for a licence."

According to Dasgupta, Infinity as an ISP will provide internet connections not only to offices within Infinity, but also the entire Salt Lake city.

The first tower of Infinity is scheduled to be completed by December-end, 1998 and Dasgupta claims as of date the project is on schedule. The second tower of the project is also under construction and has been completed up to the fourth floor.

Dasgupta plans to develop a club for software professionals within theInfinity building where all facilities will be available at a huge discount to software professionals.

Globsyn Technologies is also developing a chain of 16 educational institutions on its Technocampus model in India as well as in Bangladesh, Malaysia, Bahrain and Korea.

There will be 12 training centres in the country, which will be developed in the business partner model where the involvement of Globsyn will be greater than what normally exists in a franchisee model, Dasgupta said.

"We will concentrate in the eastern part of the country and will also have a centre in the north-eastern states," Dasgupta added.

Globsyn is in the second-tier of restructuring, according to Dasgupta. The company has already divided its business activity under two heads, the technocampus and the strategic business unit.

Under the second head, Globsyn is looking at various businesses like content development for the Web and possible multimedia applications.

A financial restructuring of the company is also in theoffing. Globsyn Technologies is targeting a turnover of Rs 100 crore by 2001, according to Dasgupta.

The company is expected to record a turnover of Rs 12 crore in the current financial year which will be the first full year of its operations.

The company is also looking at the option of marketing packaged software for self learning and other similar applications in India.

"In my coming trip to US, I will be talking to a few companies who do this kind of content development and try to tie up deals for marketing rights for such software," Dasgupta said.

"We are looking closely at the distance-learning mode of education and might use such software for that purpose too," Dasgupta said.

The likely subjects to be covered in such software will be project management, software engineering, quality assurance, methodologies.