CORPORATE
•	What the HP-Compaq marriage means -- `Business as usual, if not better' WHILE the HP-Compaq merger was the talk of town, the main players in India were themselves in the dark about what to expect.
•	Xerox targets $200 m sales XEROX Modicorp on Tuesday said that it would adopt a three-pronged strategy aimed at generating a turnover of $200 million by the end of 2002.
•	Cymbal buys Aristasoft IDC CYMBAL Corporation, the San Jose-based $16-million technology services provider, has announced the acquisition of the India Development Centre (IDC) of Aristasoft Corporation, a US-based business process services provider, for $5,00,000.
•	VisualSoft allots four lakh ESOPs VISUALSOFT Technologies Ltd, the Hyderabad-based software services and products company which had reworked its employment stock option (ESOP) scheme to make it more flexible, has allotted four lakh options to its employees.
•	TCS, Tata Chemicals in 10-yr pact TATA Consultancy Services on Tuesday announced that it has been appointed by Tata Chemicals Ltd (TCL) as strategic partner under a major 10-year IT outsourcing agreement.
•	Where is value for customers, asks industry THE customer might not know it, but it looks as if he is certainly an important factor in any merger.
LAUNCHES
•	Palm launches new range of handhelds PALM Inc, a $1.5-billion US company and providers of handheld computers, today unveiled two new models, the Palm m500 monochrome and Palm m505 colour handhelds, in India.
•	...wherever you are Bunka Orient India and Sitraka Software, Canada, have introduced DeployDirector, an enterprise-level deployment solution for Java Applications, in India.

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