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IT Update

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PM clears Paswan's `free phone' package

Prime minister Atal Bihari Vajpayee on Saturday allowed communications minister Ram Vilas Paswan's free phone largesse to telecom employees with certain eyewash changes.

Enron, 8 MFs pick 13% in Genesys

Genesys International , a Mumbai-based technology solutions provider specialising in the areas of spatial resource planning and Internet-related consulting and web enablement has just availed of investments to the tune of Rs 31.28 crore from eight leading mutual funds and Enron Corporation.

AgrEvo, Rhone-Poulenc Agro to decide on merger by year-end

AgrEvo India Ltd and Rhone-Poulenc Agrochemicals, which announced a strategic alliance in March this year, will take a decision on their proposed merger by the end of this year. At present, the two companies are operating under one umbrella, Aventis CropScience.

Judge Jackson leaves his mark in Microsoft case

The historic antitrust trial of Microsoft Corp was dominated by two men -- one present in the courtroom, one not. Now, a third man has made his mark. The first dominant figure was David Boies, the Justice Department's surgeon of interrogation. The other was Bill Gates.

Lehman Brothers, Fidelity deny merger plans

Fidelity Investments, the number one US mutual fund company, and investment bank Lehman Brothers have said that they had no plans to turn their existing alliance into a full-scale merger.

Software giant's CEO welcomes offer for talks

Microsoft Corp chief executive Steve Ballmer welcomed on Friday an offer from the US Justice Department for more talks aimed at settling their antitrust dispute.

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Executive Briefings

bullet.jpg (687 bytes) Maxwell group forays into retail business

bullet.jpg (687 bytes) Use this energiser to cut down on fuel costs

bullet.jpg (687 bytes) Risk-free investment options


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