Financial Daily
from THE HINDU group of publications

Thursday, October 19, 2000





Information Technology

HMA STARware to sell Oasis product range
HMA STARware Ltd (HSL) has formally announced its strategic alliance with Canada-based Oasis Technologies for distribution of its IST/Switch products targeted at the banking industry in India.

LIFE model to unify Satyam's systems
IN a move that would bring in cohesiveness and is intended to serve as a reference guide towards achieving strategic and operational excellence, Satyam Computer Services Ltd has evolved LIFE -- a model for Leading the Initiatives for Excellence.

PharmaGalaxy plans global trading floors
PHARMAGALAXY.COM, a pharmaceutical industry business portal promoted by the Hyderabad-based Duwuri Web Technologies Ltd (DWTL), proposes to launch the first multi-country trading floor system on the Net with separate trading floors for each country and f acility for cross-border trading.

Jindal Online gets stay against Caltiger
JINDAL Ltd (JOL), an ISP in Gujarat, has procured an injunction from the Gujarat High Court restraining the Calcutta-based ISP,, said to be the country's free internet service provider, from making claims on acquisition of its ser vices in Rajkot.

Matrix launches accounting package
MATRIX Infosystems Ltd has announced the launch of Quick Figurz, a Windows-based accounting package for desktop users and small networks.

FSL signs MoU with Nortel for open IP
THE Chennai-based Future Software Ltd (FSL), a company specialising in communication software, has entered into a Memorandum of Understanding (MoU) with Nortel Networks for developing open IP products which is being termed as ``biggest by any Indian comp any ever signed''.

UTVi crosses content sale target
MUMBAI: UTV Interactive (UTVi), a UTV Group company, has sold content to the tune of $500,000 since January, 2000, surpassing its sale target of $300,000 for the year ending December 31, 2000.

Cerebra jt venture plans to tap Australian market
CEREBRA Integrated Technologies, the Bangalore-based infotech company, has announced the setting up of a joint venture with Firstsense Australia Pvt Ltd to tap the software opportunity in Australia, New Zealand and neighbouring countries.

Chenab gets Govt recognition
MUMBAI: Chenab Information Technologies, an ISO-901 certified e-business consulting organisation, has received for the third year in succession the Government of India's certificate of recognition for its research and development (R&D) centre. tops Alexa ratings
MUMBAI: has emerged as the top ranker among Indian healthcare portals in the international Alexa ratings.

TD Waterhouse to use Wilco platform
HYDERABAD: TD Waterhouse Group, Inc, an online financial services firm, has entered into an agreement with Wilco International, a software services provider, to use the Gloss system of the latter as the integration platform for offering seamless services to customers.

CTS achieves SEI-CMM 5 level
CHENNAI: Cognizant Technology Solutions Corporation has announced that it has achieved Level 5 of Capability Maturity Model (CMM) of the Software Engineering Institute (SEI) at Carnegie Mellon University, Pittsburgh. -- Our Bureau

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