IBM India to set up lease-finance arm
IBM India is planning to set up its leasing and financing arm - IBM Global Finance - in the country shortly. The new outfit will offer easy financing and leasing solutions to its customers.

iCMG raises $15 m venture fund for new tech and turf
Internet Component Management Group (iCMG) has raised $15 million venture capital funds to invest in newer technologies and also to set up offices in 14 countries including India, Sri Lanka, Australia, Germany and UK.

Advance Group plans to invest Rs 350 crore in third-party services
Delhi-based Advance group plans is making a foray into infrastructure support services for private FM radio players with an investment in excess of Rs 350 crore over the next one year.


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  Infosys eyes stake in global e-comm, broadband firms
  Clarent Corp signs pact with D-Link India for R&D, VOIP products sale
  Outlook Group unveils travel portal, personal finance portal on cards
  TRAI to propose access deficit charges for trunk telephony
  MTNL C&D staff stage protest against wage agreement
  Global Trust Bank, Tata Cellular in tie-up to launch mobile banking
  Haryana govt releases CD-ROM on service matters
  News bytes
  Vinod Dham's Silicon Spice acquired for $1.2 bn in stock
  NeST ventures into WAP terrain
  Kaun banega careerpati at Go4careers.com's fair?
  Rajasthan govt announces fresh sops for IT sector
  E-comm benefits should extend to rural areas too, says Paswan
  TiEing up support -- the latest mantra for startups
  Be it B2B or B2C, IT's all about P2P after all