Govt to retain only 26% in CMC
The Government will bring down its holding in public sector infotech major CMC, to 26% from the current 83%.
DVC, PowerGrid scout for a partner for optic-fibre venture in cart India
Damodar Valley Corp and PowerGrid Corp of India Ltd plan to tie up with a private sector major for an optic fibre communications network in West Bengal and Jharkhand.
Oswal Group to diversify into film, music production
Oswal Group of Industries is diversifying into film and music production with plans to launch a Rs 100-crore mega movie on Lord Krishna.
Enron Broadband to open first high-speed data centre in Mumbai in Jan
EBS would soon introduce high-speed data centres across India which would allow corporates, media and entertainment companies and ISPs high-speed data transfers.
GAIL to invest Rs 100 crore in laying OFC along LPG pipelines
GAIL, has decided to foray into the telecom business aggressively and proposes to invest Rs 100 crore in laying OFC all along the LPG pipelines.
Millenium scouts for MNC buyers for MCube
Millenium Information Systems Ltd, the Calcutta-based software company, has started negotiating with multinational data warehousing giants to sell its MCube, a BI-OLAP tool.
Passion Fund picks up minority stake in Secure Soft
Birlasoft appointed iPlanet'ssystem integration partner
Shonkh Tech plans Rs 160-crore expansion
Peak XV launches global services via subsidiary
IBF gets areconstitutedboard
AirTel effecting a fresh brand strategy
Coimbatore IT.com to be launched tomorrow
News bytes
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Infovergix technology tie-up with Nortel, targets 10% of e-applications market
Netplane's IP routing product slated for launch in Q1 of 2001
Cisco unveils SAFE `blueprint' for securing e-businesses
`Every telecom auction deserves its own thorough, careful preparations
Indonesian firm to pump in Rs 30 cr to set up 20 Planet Sports outlets
Godrej Soaps ropes in e-tailers to promote Website
Shaw Wallace ties up with Rainbow Breweries
Former Zenith executive's tough style proves useful at her new media firm
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