CORPORATE
•	DoT working on 3-way revenue sharing formula THE Department of Telecommunications (DoT) is working out a new formula to resolve the dispute between Bharat Sanchar Nigam Ltd. (BSNL) and basic service providers over the proposed hike in interconnect access charges for local, STD and ISD calls.
•	Venture Info to achieve cash break-even by year-end VENTURE Infotek, a consumer payment processing company and smart card solutions provider, expects to achieve cash break-even by the end of current financial year. Mr Ravi Kiran, Chief Technology Officer, Venture Infotek, said the company hopes to achieve cash break-even by the year-end with an expected turnover of Rs 35 crore.
•	STPI invites tenders for fibre bandwidth SOFTWARE Technology Parks of India (STPI) has commenced the process of sourcing a minimum of 155 Mbps international bandwidth through sub-marine fibre optic cable, a top official has said. An international tender has been invited for selecting a fibre op tic bandwidth provider and once the process is over, STPI will have around 300 Mbps of bandwidth, Mr S.N. Zindal, Director General of STPI, told Business Line here.
•	`Alliances key for IT firms to flourish' WHEN companies are confronted with the task of scaling up their operations while saving on costs, the best way to take this forward is by forging strategic alliances and partnerships, which help tap newer markets and tackle broader clientele.
•	Pentamedia given ` clean chit' PENTAMEDIA Graphics Ltd has said that the Securities and Exchange Board of India has given it a clean chit in the matter of private placement of equity shares with Malu Financial Services.
•	Orbit-e, EverGreen sign long-term pact ORBIT-E Consulting has signed a long-term deal, worth over $1 million, with EverGreen Data Continuity, Inc, a provider of global business continuity services.
•	DSQ Soft may be restructured DSQ Software Ltd plans to take a re-look at its business strategy. The restructuring may call for hiving off one or more business divisions or spinning off by way of transfer to a new entity or sale of non-strategic divisions, according to a company pres s release.
•	Aptech achieves 3 lakh students mark NEW DELHI: Computer training major, Aptech Ltd, has said it has achieved three lakh students mark in its national literacy drive programme under its specially designed course `Vidya.'
•	Brainwave setting up library HYDERABAD: Brainwave, an information resources centre promoted by the Nagpur-based, Flaminco Infotech is setting up a computer library in Hyderabad.
LAUNCHES
•	Walden Softech launches Telewatch HYDERABAD: Walden Software Solutions (P) Ltd, a Hyderabad-based start up and part of the Walden store, has added Telewatch to its product line.
•	Tata Cellular adds four more towns HYDERABAD: Tata Cellular Ltd has launched its mobile phone services in four more towns in Andhra Pradesh, thereby increasing its coverage to 89 towns in the State. The temple town of Srikalahasti, Dharmavaram, Rayachoti and Yeminganuru were added to its network.
•	Squealing on the hacker ARE you, like most e-mail users, plagued by fears of hacking? Are you also one of those faced with the problem of junk mail flooding your inbox? Worse, do you fear that confidential data is being tapped from your mails?

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