THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, December 25, 2000

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Info-Tech

Information Technology
Y2K -- eventful for Indian IT industry
CRASHING down of dotcoms, passing of the IT Act, high profile visits by IT big guns and spiraling technology stocks settling down to realistic levels were the major facets of the Indian infotech industry in 2000.

FICCI moots five-year tax holiday to promote e-commerce
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has suggested a five-year tax holiday to enable the software industry to plough back its resources for further development in the area of e-commerce.

Bharti Mobile to reposition brand
BHARTI Mobile Ltd, the cellular services provider in Andhra Pradesh under the AirTel brand, has announced a move to reposition its brand.

Relativity scouting for strategic tie-ups
ONCE bitten, twice shy. But in the case of IT whiz Mr Vivek Wadhwa of Relativity Technologies Inc it is not ``twice shy'', but greater enthusiasm for tie-ups with Indian IT firms to make big money.

Karuturi.com foray into telecom sector
KARUTURI.COM, a floriculture-turned-infotech venture, is now going in for a complete makeover as a telecom infrastructure provider. The Bangalore-based company plans to invest Rs 100 crore over the next 18 months in setting up infrastructural facilities to provide broadband gateway and connectivity solutions.

Fourth R launches Winter Camp
BANGALORE: Fourth R India which offers computer courses for children, has launched Winter Camp 2000 in Karnataka for children between 3 and 17, with six learning centres, four in Bangalore, and one each in Mysore and Hubli.


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