CORPORATE
•	Red Hat shifting focus to services RED Hat India is shifting focus to offer customers greater support and services rather than just products as it was in the past few months.
•	Eutech sets up $1-m centre in Chennai THE Singapore-based Eutech Cybernetics has set up a global solutions division (GSD) in Chennai with an initial investment of $1 million.
•	Infosys allocates stock options BANGALORE: The Board of Directors of Infosys Technologies Ltd on Monday have allocated an aggregate of 29,900 stock options exercisable for equity shares of par value Rs 5 per share to the employees, pursuant to the company's 1999 stock option plan.
•	Accenture, Sun Micro, PTC in pact BANGALORE: In order to accelerate manufacturers' product development cycles and improve cross-company collaboration, Accenture, PTC, and Sun Microsystems have announced that they are working together to provide clients with comprehensive collaborative pr oduct commerce (CPC) solutions, a release said.
•	Opto Circuits targets Rs 40-cr turnover BANGALORE: Opto Circuits is targeting a turnover of Rs 40 crore for the current year as against last year's Rs 28 crore.
•	VSNL anti-spam steps to check UCE, junk mail IN a bid to reduce the amount of junk mail and unsolicited commercial e-mail being received by users, VSNL has implemented anti-spamming policies in its server.
FUNDING
•	i-Flex plans IPO this fiscal I-FLEX Solutions Ltd on Friday announced its plans to go in for an initial public offering (IPO) by the end of the current fiscal with listings on the National Stock Exchange and Bombay Stock Exchange.
•	eFunds to invest $20 m in 3-4 yrs EFUNDS International, a subsidiary of eFunds Corporation, is planning to invest close to $20 million over the next 3-4 years in expanding its operations in India.
LAUNCHES
•	Another portal for tenders KOCHI: KITCO, a Kerala Government consultancy organisation, has launched a portal for tenders in association with the Chennai-based software development company, KRIS Consultants, to provide online tender facility, according to a release.
•	Dell unveils low-cost server BANGALORE: Dell has introduced a server designed for small businesses, individual departments in larger organisations, branch offices, among other applications, with prices starting at Rs 47,609, a company press release said.
TRENDS
•	Karnataka stays at the top in software exports KARNATAKA continued to be the leading software exporting State for the third year running having raked in Rs 7,475 crore in 2000-01.
•	Bengal WAN project on stream The West Bengal Government on Friday took its first major step towards e-governance when it linked the State capital with all district headquarters.

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