CORPORATE
•	Private basic players cool to Bharti offer BHARTI Telesonic's move to offer inter-connectivity to telecom companies at sharp discounts vis-a-vis Bharat Sanchar Nigam Ltd (BSNL) seems to have left the private basic service operators in a cleft stick.
•	CommWorks tech centre in Bangalore COMMWORKS Corporation, a wholly-owned subsidiary of networking solutions provider, 3Com Corporation, is setting up a technology centre in Bangalore.
•	Blue Storm attracts weathermen IBM Corporation, which was knocked off its supercomputing perch last month by Compaq (topping its muscle machine, ASCI White, with Terscale) is back on the perch again.
•	HFCL exposure to stocks, loans via arm at Rs 1,400 cr -- Admits lending to KP entities HIMACHAL Futuristic Communications Ltd (HFCL) has an exposure of over Rs 1,400 crore through its subsidiary, HFCL Trade Invest Ltd, as investments in equities and loan and advances, according to the companys annual report for 2000-01.
•	Oracle bullish; to expand facilities IT'S business as usual at Oracle. There are no signs of slowdown blues and the India growth plans are apace. Bullish on India, the corporation is expanding its India operations by acquiring additional space of about 50,000 sq.ft here and is set to compl ete its second facility at Bangalore.
•	Bunka Orient is GrapeCity now NEW DELHI: Japanese software company, Bunk Orient Group, has said from January 1, 2002, it will be known as GrapeCity Inc. Subsequently, its Indian subsidiary will be re-christened as GrapeCity India, the company said in a statement here. GrapeCity India is setting up a software development facility in Noida with a capacity of 1,000 workstations. -- Our Bureau
LAUNCHES
•	WLL service launch in Kolkata The Union Minister of State for Communications, Mr Tapen Sikdar, making the first call to the Union Minister for Communications, Mr Ram Vilas Paswan, in New Delhi, during the launch of wireless in local loop (WLL) service covering the entire Calcutta Tel ephones Districts (CTD) in Kolkata on Tuesday.
•	Alittleworld to launch prepaid phone cards PREPAID phone cards may well become the order of the day if start-up Alittleworld Pvt Ltd has its way.
•	Thirdware launches Hyperion Essbase MUMBAI: Thirdware Solutions Ltd has announced the launch of Hyperion Essbase, an open cross-platform, enterprise online analytical processing (OLAP) server.
•	Standing in lines The Container Corporation of India (CONCOR), Chennai, is introducing from January bar coding at its container freight station in Tondiarpet. To begin with, the bar coding will be for less than container load (LCL) cargo.
TRENDS
•	Churning process under way in software sector THE domestic software industry groped for direction in 2001 tracking a sluggish global economy, even as a market churning seems to be separating the boys from the men. Post-September 11, global recovery prospects seem bleak and domestic players fear that a continued depressed environment could severely dampen the growth of software exports.

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