Financial Daily
from THE HINDU group of publications

Thursday, April 20, 2000





Information Technology
IT briefs
CHENNAI: Cognizant Technology Solutions, with a base in Chennai and headquarters in the US, plans to invest $25 millions over the next three years in its Chennai operations. It is in talks with Tidel, a Tidco joint initiative, to house part of its softwa re development activities.

ValueNotes for corporate info
LOOKING for information on the corporate world without surfing the Internet for hours? Try the site soft launched in Pune on Wednesday. According to Mr. Arun Jethmalani, founder of the site, it is the first search engine dedicated to the I ndian corporate and financial sector.

Weal to offer portal service for SMEs
WEAL Infotech Ltd (WIL) is poised to make available a business portal on licence to small and medium enterprises (SMEs). It will do this either through applications service providers (ASPs) or in direct interface with the end-users.

Omnis-Online to partner with ESS in India region
OMNIS-ONLINE, a global travel e-commerce portal, has announced a partnership with Electronic Software Solution (ESS) to launch its regional operations in India, here today. ESS is to a act as the regional service provider.

Esskay picks up Crystal stake
ESSKAY Solutions Inc, the California-based consulting firm providing business intelligence solutions, has picked up an equity stake of around five per cent in the Rs. 6.15-crore capital of Crystal Infoway Ltd (CIL), the Hyderabad-based software products company focussing on high-end solutions of data warehousing and Web commerce.

Wipro Linux support service
WIPRO Infotech Customer Support had launched a Linux support service called Wipro Comfort Linux for Linux users in Bangalore, Calcutta, Chennai, Delhi and Mumbai, a company release said.

Essentia makes West Asia foray
THE Pune-based Pixel Technologies Pvt Ltd has entered the West Asian ERP market with ``Essentia,'' an enterprise planning system for the SME (small and medium enterprises) segment.

HCL Insys turnover up 27 pc
HCL Infosystems (HCL Insys) has posted a turnover of Rs. 318.2 crores during the third quarter of fiscal 1999-2000, ending March 31, a growth of 27 per cent from Rs. 251.4 crores in the previous year.

Velankani to expand operations in India
NEW Jersey-based Velankani Information Systems (VIS), a provider of professional services and products specialising in solutions for the telecom and financial services industries, is planning to expand its India operations.

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