DBS is in talks with few companies, which are well-established in the US, and a formal announcement is expected some time in October. The company is believed to be seeking an investment close to $4 million to undertake major internet-related projects by setting up a base in the US.

DBS Internet is owned by the DBS Group and three technocrats, Viraj Sawant, Manish Sharma and the chief executive, Sanjay Shetty.

Talking to The Financial Express during e-biz India '99 seminar in Mumbai, DBS Internet Services director Manish Sharma said the company will set up a base in San Jose to undertake consultancy and implementation projects in the US. It is also looking at application development for four companies there. "We want to provide entire projectimplementation right from consulting to the US corporates. These will include development of virtual private networks and new IT models," he said.

Another move is to set up a concept centre to develop new products and solution in internet-related business. "DBS is seeking partners for technology and hardware and solutions to deliver projects on a one-stop shop basis," Sharma said.

The company is planning to consolidate business in India. Said Sharma, "we are planning to establish a development centre at one of the software parks, either in Mumbai or Bangalore soon. We want to develop expertise in application service provisioning or the ASP model and in those niche areas where we are present now."

In the ASP model, no company will own any any infrastructure or solution but will share everything with other companies. "Be it an ERP or any other solution, everything can be shared as there is no need to invest huge sums to own them," Sharma said.

DBS has completed projects for Samsung, in which it haslinked all dealers with Samsung headquarter over the internet. Sharma said that Samsung is doing business worth over Rs 500 crore through this mode with its dealers and distributors. It is completing two business portals, stockindia.com and enterindia.com. The first one is a order-procurement model for stock brokers while the second one is a travel site.