Citibank arm, GE Cap pick up 33 per cent stake in EzeeNet
Citibank Private Equity and GE Capital have taken a 33% stake in EzeeNet, a Mumbai-based company which has developed a software product for online B2B companies.

Chandrababu Naidu launches insurance portal
Andhra Pradesh Chief Minister N Chandrababu Naidu has invited global insurance majors to set up shop in Hyderabad and promised that all infrastructure facilities required, would be provided by the state government.

Polaris Software to pay $1,00,000 in damages to Data Inc
The legal liability of Polaris Software would be limited to $1,00,000 in the suit filed by Data Inc. This was revealed by the company spokesman at a press conference in Chennai on Wednesday. He said that the MoU entered into by the two companies has a clause restricting the quantum of damages.

Secret of good e-advertising -- Think smart
The expenditure on promotions and advertising worldwide is about $1.4 trillion of which 90% is in 98 countries. In Japan itself, the expenditure per person per annum is nearly $2,100, while in the US the same stands at $1,775 per person per annum.

Genisys Integrating Systems chalks out expansion
Genisys Integrating Systems (India) Pvt Ltd (GISI) is drawing up plans for expansion. These plans include an international IPO, either on the Nasdaq or the LSE, in the third quarter of 2001, strategic acquisitions and setting up of operations in the US.

Now starring -- Kajol and Ajay in Cinexplore.com
It was convergence at its best. Right from politicians and ministers to IT chieftians, from film magnates to smart investors, all were present for the mahurat shot of cinexplore.com, an online business-to-business portal for the film and television software industry.


  VXL Instruments, Optima Computer forge JV
  Broadband is succour for the virtual world
  eInfochips software to curb undesirable Net usage
  Compaq Proliant ML330 for small workgroups unveiled
  Adamya offers Bluetooth protocol stack
  Will Zee sponsor East Bengal in 2001?
  Nasscom set to boost exports to France to $50 m
  E-mail sans plugins with `Pianomail'
  Indian software experts to help British develop computer games
  Who wants to be a millionaire? Oracle's Ellison asks
  Internet ad revenues climb -- Study
  Zee to make ad rates competitive
  IBM unveils new name, strategy for servers
  e-Briefing
  News bytes
  Netvertising -- Portals developing new ad tech to woo Netizens
  Mudra goes to town with Bachchan
  Online auction -- Indiainfo.com to tie up with Bazee.com
  Archies pushes penetration with 3 online alliances
  Home Shopping Network launches its first TV advertising campaign
  Equity public issues registerfive-fold increase in the first half
  European markets post modest losses
  Taiwan stock market confidence crisis set to linger
  Nigeria launches second stock exchange
  First South Korean bank listed on US stock exchange
  DoubleClick buys NetCreations
  Asian markets
  Market place