Information Technology
Construction portal set up
GULF Total Internet Solutions (GTIS), an Internet solutions company based in Dubai Internet City, has set up GulfBuildings.com, a one-stop-shop portal site which will cater to the construction industry in West Asia.
AmitySoft launches HR assessment package
AMITYSOFT, a Chennai-based IT company, has launched `Yomx', a Java-based human resource assessment package. The package will enable the knowledge-based industry to evaluate an employee's knowledge base, to identify the need to upgrade their skills in new
emerging technologies, said the company's Managing Director and CEO, Mr. K.R. Jayakumar.
VXL, NIIT among major losers
THE earnings season for the first quarter ended June 30, 2000 was kicked off by frontline companies and second rung stocks on a rousing note. Despite notching an impressive performance for the first quarter ended June 30, 2000, the BL Technology Ind
ex suffered a 6.7 per cent dip to close at 4297.9 points. After a sharp rise in stockprices in the run-up to the earnings announcement, the technology stocks reversed course this week on profit booking. Both the industry sub-indices, the
BL Computer Hardware and Office Equipment Index and the BL Software Index dipped sharply by 5.4 per cent and 7.9 per cent respectively.
Lanco Global to go public
LANCO Global Systems Ltd (LGS), a Hyderabad-based 100 per cent export-oriented IT company, is entering the capital market with an initial public offer of 26,70,000 equity shares of Rs. 10 each for cash at par, aggregating to Rs. 2.67 crores, according to
a press release here. The issue opens on July 21 and closes on July 26.
Pam Network enters into automation
BANGALORE-BASED Pam Network Ltd has ventured into e-commerce and process automation in a bid to globalise its business operations.
Matexnet to go global, tie up with two firms
MATEXNET, the online material stock exchange to trade surplus stocks, is planning to go global. The company is in the process of tying up with two foreign companies and plans to invest about Rs. 20 crores over the next two years.
Conexant Systems to implement V.44 technology
CONEXANT Systems has tied up with Cisco Systems and Hughes Network Systems to implement a new industry standard V.44 compression technology.
