THE HINDU BUSINESS LINE
From THE HINDU group of publications
Wednesday, July 25, 2001

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CORPORATE
•  Textile portal content being broadbased
IPFONLINE Ltd, the Chennai-based industrial infomediary company offering industry-specific portals for e-marketplace, has launched a fabric resource guide (FRG) as part of broadbasing the content platform of its proposed textile portal.

•  JobsAhead.com sees cash break even soon
E-RECRUITMENT portal, JobsAhead.com, has said that it would cash break even in the next 2-3 months and clock a revenue of over Rs 6 crore by the year-end.

•  Shiv Nadar gifts HCL Tech shares to Chennai Trust
IN a novel method to attract and retain faculty, the Shri Sivasubramaniya Nadar Educational and Charitable Trust, of which Mr Shiv Nadar, Chairman, President and CEO of HCL Technologies, is the Managing Trustee, plans to grant shares of HCL Technologies to them.

•  Encore posts Q1 loss; bullish on growth
DESPITE posting a loss of Rs 1.18 crore for the quarter ended June 30, 2001, Encore Software Ltd, the Bangalore-based technology developer operating in the DSP and embedded systems space, is bullish about the growth prospects for the current year.

•  Tata Elxsi Q1 net up 16.39 pc
MUMBAI: Tata Elxsi Ltd, a Tata Group company, has reported a 16.39 per cent rise in net profit at Rs 1.57 crore for the quarter ended June 30, 2001 as against a net of Rs 1.35 crore in the first quarter of last year.

•  BSE suspends trading in DSQ from July 30
THE securities of the Chennai-based DSQ Software Ltd will be suspended from trading at the Bombay Stock Exchange with effect from Monday, July 30, 2001 until further notice, a release from the stock exchange said.

•  SoftSol net at Rs 2.76 cr
HYDERABAD: SoftSol India Ltd has recorded a total income of Rs 5.90 crore and a net profit of Rs 2.76 crore for the three months ended June 30, 2001 as against a total income of Rs 22 crore and a net profit of Rs 12.65 crore for the previous fiscal ended March 31, 2001.

•  Rental option from Autodesk
BANGALORE: Autodesk India has introduced an AutoCAD rental programme, which is flexible, affordable and profitable, according to the company. The new licensing option allows customers to use AutoCAD 2002 for limited periods of time.

•  Net-based VSNL services for cos
VSNL has launched three Internet-based services -- Virtual Private Network services, V-mail services, and ALICE, an integrated communications suite for corporate customers.


EVENTS
•  India urged to fight software patent laws
INDIA should work closely with other European countries to free itself from the software patent laws as they served no public purpose, Mr Richard M. Stallman, President, Free Software Foundation (FSF), said.

•  Hitachi-Lanbit storage event begins today
HITACHI Data Systems, a wholly-owned subsidiary of Hitachi Ltd, and Lanbit, a provider of computer network solution and computer testing services, will present `Enterprise data storage forum', an exclusive event for business leaders from India's biggest and most IT-savvy companies.


FUNDING
•  Texworld.com seeks funds for marketing
TEXWORLD.com, a B2B marketplace, is scouting for a funding agency to aid a marketing push to the portal.


LAUNCHES
•  Landing on one's feet
COME September, the farming community in Karnataka will be a happier lot. The reason is not good monsoons or a bumper harvest. It's because it's goodbye to those inscrutable, handwritten, land records and palm-greasing of village accountants to procure t he record of rights, tenancy and cultivation certificates (RTCs). RTCs are vital for the farmers as they are required to establish land ownership, to record succession of ownership, for crop details and to obtain bank loans.

•  All the world's a market...
The Indian farmer is going global. Not only that, he can make his own informed decisions, like any other business person, thanks to some help from the skies.

•  Vismaya launches `affordable' CRM product for SMEs
THE Bangalore-based Vismaya Technologies Pvt Ltd has launched an ``affordable'' CRM product called Spelbind for the SME segment.

•  Racy range comes...
IBM India has unveiled the NetVista i range of consumer PCs. The NetVista i range has been designed to make computing easier for Indian consumers, says the company.

•  ... with a dream offer
Stracon India Ltd has unveiled VCD capability for Sega's Dreamcast. According to the company, the ``never before offer'' enables the user to buy and play the videodisk of their choice and view it on their TV screens, through Dreamcast.

•  ... and plenty space
Hewlett-Packard India has announced the launch of the CD-Recordable C8001A with a speed of 16X. The high speed and high performance CD can store data up to 650MB, says the company.


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