Information Technology
Amazon lessons for Indian players
LEADING investment bankers have given the thumbs-down to Amazon.com. This has given the stock market the jitters and Nasdaq's already jittery Internet stocks got beaten down further.

Anderson to advise ITIL on mobile computing
INFORMATION Technologies India Ltd (ITIL), the Usha Group company, has appointed Anderson Consulting to advise the company on its foray into the area of mobile computing, a top company official said.

Click on NetWala.com, win e-Rupee
BASED on the concept of `earn while you surf', another dotcom has been launched. NetWala.com, unveiled here on Wednesday, offers not mere rupees but the `e-Rupee' to its registrants, which can be used to buy goods from the site.

Panel warns of perils of convergence
EVEN as the Fali S. Nariman sub-group on convergence is adding the finishing touches to its final draft of the Communications, Carriage and Content Bill (2000), the Global Internet Project (GIP) comprising representatives of global Internet leaders in th e telecommunications, software, financial services and content sectors warned that convergence between different telecommunications and broadcasting infrastructures and services will raise challenges for regulatory frameworks.

Nasscom urges laws for data protection
THE National Association of Software and Service Companies (Nasscom) has said that Indian software companies seeking to make a major foray into the European market need to proceed cautiously, since the European Parliament has recently passed laws stipula ting that no company in the European Union would be allowed to get their data processed in any country that does not have adequate data protection laws.

CBSInc plans e-centre in Bangalore
COMPLETE Business Solutions Inc (CBSInc) of the US is planning to set up seven new e-development centres worldwide, out of which one would be based in Bangalore, Mr. Raj Vattikutti, Chairman of CBSI and co-chairman of CBSInc, US, said.

News Corp picks up 15% stake in ITSpace.com
NEWS Corporation has taken a 15 per cent stake in ITSpace.com, a Microland company, according to a company release. This is the second investment by News Corp in a Microland company, the first being Indya.com, the group's horizontal portal.

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