Three players converge to form The Broadband Hub
Call it convergence. Leading players in convergent technologies and broadband network -- Alopa, Amber and Ishoni Networks -- have jointly set up base in Bangalore and named it `The Broadband Hub'. The three cos have collectively raised $250 mn from Wall Street firms and venture capitalists.
Oracle's VC arm to enter India
Database daddy Oracle Corp's venture funding arm is soon going to be in India to invest in technology companies. With a corpus of $500 million, the fund had restricted its activities to the Silicon Valley thus far.
Embedded software exports to Japan may top $100 million
India is expected to export embedded software worth $100 million to Japan during 2000-01, according to Nasscom president Dewang Mehta.
FM licence money trickles in slowly
Just seven days to go for the FM radio licensing deadline, that too interspersed with festival holidays, only seven out of the 29 selected cos have signed the agreement with the Ministry of I&B and paid up the bank guarantee so far.
Ranbaxy launches portal for doctors
Ranbaxy Laboratories' first of its kind doctor-to-doctor portal, Ranbaxyfordoctors.com is up and running and aims to create a scientific platform for doctors through Internet.
`AXN to continue focus on movies and serials'
The prime action channel, AXN, has just completed two years in India. With that, the channel is ushering in new plans and initiatives to stay ahead of competition -- particularly HBO and Star Movies.
Jobsahead.com sets sights on expansion in the US
Oxfordbookstore introduces e-gift cheque
Kerala Tourism Website now in French and German
Spice launches wireless Internet portal
Medybiz gets second roundof funding
Amadee Tech to boost presence in India, sets up centre in Bangalore
Sony gambles with PlayStation 2 game console
IDBI to frame norms for funding films in 2 months
PC shipments worldwide grow 16 per cent
News bytes
SeraNova unveils rapid deployment framework
3 Com plans to tap ISPs, long distance operators
European stocks open cautiously
Various dotcom stocks plunge, shattering lifestyles
Deldot to be reseller for Hitachi Data Systems
Fourth Generation Information Systems' maiden IPO to open in November
Sun's Full Moon server software rising in December
News bytes
AT&T mulls split into four parts
Shares mixed as Tokyo slips on credit risk fears
StarHub denies key shareholder pulling out
Sequelsoft to raise Rs 6 cr through public issue
Hungama, Popcorn in 70 mm alliance
Marketplace
Firm develops method to track AOL's `clickable' ads
Sony launches mother Website to link group companies
Arcus to invest Rs 100 cr to set up 10 superstores
Zipping ahead -- 70 per cent growth in ready-to-wear market projected by 2001