Tuesday, January 16, 2001
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Elind receives first-round fundingElind Computers Ltd, a Bangalore-based software firm for the securities industry has announced that it has received the first round of financing from Intel Capital. This investment will assist Elind in enhancing its research and development capabilities, designing new products for derivatives markets and business-to-business exchanges and opening a new facility at Bangalore as well as a sales office in New York.

IDBI Bank launches `Moneymobile' service
IDBI Bank has launched Moneymobile - its wireless application protocol (WAP) and short messaging service (SMS) - in ten leading cities in India from this week. The mobile banking services are launched at Bangalore, Calcutta, Delhi, Hyderabad, Indore, Mumbai, Ahmedabad, Baroda, Chennai and Pune.PG Softech, IBM in pact to offer e-biz training, solutions in IndiaPG Softech Limited has teamed up with IBM Global Services to offer e-business training and solutions in India to meet the growing demand for the same. The PGSL team for the endeavour consists of its client, industry experts and subject matter experts, who lead areas like business and brand strategy, network integration, migration and conversion and visual design, content and technology.

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