Risk Management Series
Thursday, June 29, 2000

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This week we focus on a complete analysis of the
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CNN plans vernacular channel in India through joint venture
CNN International is keen to set up a local language channel in the country with a joint venture partner. "We have launched vernacular language versions of CNN in countries like Germany, Spain and Turkey. We find the Indian market attractive enough." CNN president Chris Cramer said.

Firstandsecond, eGurucool book revenue-sharing arrangement
Education portal eGurucool.com has entered into an alliance with online book store, Firstandsecond.com to offer a e-commerce link for buying books on the Web.

Hello! Yahoo.co.in
Yahoo! It's finally in India. In a swift and silent operation Yahoo! is set to soft launch its India-specific portal, Yahoo.co.in, on Thursday in Mumbai.

Who wants to be a Zillionaire?
On "Who Wants to Be a Millionaire", the ABC network's popular game show, one person plays against the house for a $1 million prize. Now, imagine the same game with 20,000 contestants.

Satyam Infoway to provide Web-hosting solutions
Satyam Infoway Ltd is planning to provide Web-hosting facilities for corporates and dotcom companies and totally manage the back-end of the business for its clients. The business of web hosting was earlier managed as part of its data centre operations and Satyam was catering to 200 clients.

No xenophobia here? German firms to offer pay parity to Indian IT professionals
German information technology companies will have to pay recruits from India the salary offered to their German counterparts, according to Bonn's consul general.


  Splitting the silver -- Blue-chips for DTO, blues for DTS?
  Minting eRupees -- Netwala unveils e-commerce site with freebies
  PSINet set to enter the Indian ISP market
  Oracle in deal to provide solutions to firms through incubation stage
  Four IT firms sign MoU to help engineering students
  CBS sets aside $15 million for opening e-centres in India
  CustomerAsset to pick up 10% in Planetcustomer
  ITCOT to offer strategic IT consulting services
  Hittco forays into IT, gets new name
  Call centre market pegged at $6 billion
  AOL, Intertrust in anti-piracy agreement
  Technopark CEO quits, govt yet to identify successor
  Tidel Park hopes to be debt-free in 4 years
  Mukta Arts pegs floor price for IPO at Rs 150
  IPOs of Mega Channel Computers, Comp-U-Learn open on July 3
  Sibar Media's IPO openson July 3
  Foreign markets
  Star TV to spend Rs 50 cr to promote new-look Star Plus
  Hrithik signs royalty deal with ballpen brand
  Sunflower edible oil -- Leading brands losing out to regional players
  LVMH, Prada aim to remodel Fendi
  TBWA Anthem Interactive ties up with Web Shastra
  e-Briefing
  News bytes
  New campaign

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