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CORPORATE
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Bharti ESOP at 50 pc discount
BHARTI Televentures, the flagship company of the Bharti group, will be offering its 4,000 odd employees stock options (ESOPs) at 50 per cent discount, following its proposed IPO in January 2002.
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Wipro bags 2 telecom orders
WIPRO Technologies announced two new orders in the broadband telecom systems space, including setting up a cable ISP solution for Iquara Broadband, part of British Gas and setting up of a joint development centre for Santera, a provider of next generatio
n switching systems.
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Ibhar products get XP logo
IBHAR Sales, the software product from Chennai based Ibhar Software Pvt Ltd said that it became the `first' Indian software product company in the category of enterprise solutions -- customer management, to be certified for the Designed for XP logo.
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ExcelSoft ties up with UK firm
EXCELSOFT, the Mysore-based IT solutions provider, expects to double turnover this year to Rs 36 crore even as it enters into a 50:50 joint venture with UK-based Bell Media to cater to the European market.
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FUNDING
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Not for angel investor?
ARE IT enabled services -- call centres, help desk et al -- an attractive sector for venture capital (VC) investments? Judging by the prevalent popular opinion, the answer is yes. However, there is a contrarian view being voiced, which claims that the IT
-enabled sector may not necessarily be the right sector for VC investments.
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Mascon to proceed with GDR issue
MASCON Global Ltd. has decided to go ahead with a GDR (global depository receipts) of $30-40 million in January or February 2002.
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LAUNCHES
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Health sure is wealth
LOG on to good health. The slogan is catchy in itself. The fad, too, is catching up fast.
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Power sharing
American Power Conversion has launched two new server-class UPS products - the Smart-UPS 1000 and 1500 VA Tower Units. The products are aimed at the small and medium-enterprise (SME) segment in India, says the company.
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