CORPORATE
•	Hughes Tele plans to raise Rs 1,078 cr from vendors -- To expand product offerings HUGHES Tele.com (India) Ltd, the private sector basic telecom services provider operating in the Maharashtra telecom circle and category-A Internet service provider, proposes to raise funds to the tune of Rs 1,078 crore as credit from its vendors.
•	Mascot CEO promises quarter of change FOR Mascot Systems, the current quarter should be ``a quarter of change'', according to the CEO, Mr Gerhard Watzinger.
•	Mindteck Q4 net up Rs 33.26 lakh MINDTECK India Ltd, a global software services company, has reported a net profit of Rs 33.26 lakh for the quarter ended June 30, as against a loss of Rs 89.8 lakh for the corresponding period last year.
•	HP to invest $1 m in tech access centre HEWLETT-PACKARD on Monday said that it would invest $1 million in setting up a Partner Technology Access Centre (PTAC) in India, which will help uses port and test their applications on Itanium.
•	Innareddy in pact with chemical tech institute INNAREDDY Computer Software Associates (India) Ltd (ICSA), the Hyderabad-based software solutions provider, announced on Tuesday that it has entered into an agreement with the Indian Institute of Chemical Technology (IICT) to use heuristic engine (HE), a proprietary forecasting tool developed by the former, for prediction of outbreak of vector-borne diseases.
•	Surana Telecom in talks for tie-up SURANA Telecom Ltd, a Hyderabad-based company engaged in the manufacture of jelly-filled and fibre optic cables and jointing kits, is in parleys with Semitel/Tomen Corporation, Japan, for supply of MCVDs (modified chemical vapour depositions).
EVENTS
•	C-DAC seminar on e-learning technologies THE Centre for Development of Advanced Computing (C-DAC), a scientific society working under the Ministry of Information Technology, is organising a two-day national seminar on E-learning and E-learning Technologies (ELELTECH INDIA-2001) on Tuesday and W ednesday.
LAUNCHES
•	Add colour... Epson has come out with the Epson Stylus C20SX, an ``easy-to-use photo-quality colour inkjet printer.''
•	...get noticed Intel India has introduced three new cameras to the Indian market -- the Intel Easy PC Camera, the Intel Deluxe Camera and the Intel Pocket PC Camera.
•	Keep a cool head You don't need to cry hoarse over the loss of all-important data anymore, says Stellar Information Systems Ltd, which has launched the data recovery software Stellar Phoenix 8.0.
TRENDS
•	Satyam chief sees market-driven ISP space CHANGES in the regulatory framework and pressures on revenues on companies to make them viable will result in a shakeout and possibly lead to consolidation in the Internet service provider (ISP) space in the country.

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