Lucent to open new R&D facility, double team
Lucent Technologies plans to double up its R&D capability in India over the next twelve months by expanding its wireless research and development presence.

Netravali foresees new age of virtuality
Earth circa 2010. The mother of all networks has the entire globe in its embrace. Intelligent devices that `talk' to each other have taken over the mundane functions that hamper human efficiency. Bandwith will be a commodity that will be free like air is now. Welcome to Netravali's New World.

Race for Spice hots up as BPL Innovision, Hutchison enter fray
The BPL Innovision Business Group and Hutchison Whampoa of Hong Kong have set their sights on Spice Telecom, the BK Modi-promoted cellular services provider in Karnataka and Punjab circles.

Yodlee.com in multi-million dollar deal with AOL
Yodlee.com, which is a one-stop service to manage personal finance account information, is announcing a major coup this week -- a multi-million dollar alliance with America Online Inc (AOL).

Looking for anywhere-anytime solutions? Head for CoolTown
Hewlett Packard is all set unveil its ``CoolTown'' open standard software technology platform in Europe, Japan and India as part of its e-inclusion and appliance computing thrust.

Reliance to set up IT institute in Gujarat
Reliance Industries Ltd (RIL) is emerging as a major player in the telecom and information technology arena in Gujarat.


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  e-Briefing
  FBI probes eBay art auction for fraud after stratospheric bid
  Hughes Soft targets 10-fold growth in product business
  HelloBrain.com to tap intellectual capital for global R&D market
  Command offers roaming facility in America
  News bytes
  Bulls lend a helping hand to Padmalaya, Rs 25cr IPO oversubscribed 6 times
  US stocks rise despite concerns over Microsoft
  Kals Information's IPO opens on June 21
  Stocks mixed on lack of strong leads
  Reebok targets kids with footwear, apparel & accessories
  Indiabulls.com ties up with UTI Bank
  J Walter Thompson bags KPMG account
  Mondial Technologies brings software to the doorstep
  Sony launches its Website
  Marketplace
  Fabmart to add four more online stores; targets US, UK markets
  IWTPL set to buy out Travel By Web for $2m
  Bharatplanet.com eyes transaction revenue from value-added services
  Persistent to help shift to 64-bit platform
  Sprint Corp acquisition not at UUNet cost, says WorldCom
  Software hitch delays delivery of Sony's high-definition TVs to US
  Can my Word and Excel files be stored and accessed online?