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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (5501)	8/6/1999 10:31:00 PM
From: Mohan Marette	Respond to of 12475

India's Wipro sees e-commerce aiding growth wipro.com wiproindia.com BANGALORE, India, Aug 5 (Reuters) - India's Wipro Ltd, which aims to double its software sales in three years, is banking on electronic commerce as a key growth area, its software division head said. ''We are...aiming to offer a wide range of services that help business-to-business e-commerce as that is where our strength lies,'' Vivek Paul, Wipro's new group vice-chairman, told reporters. Wipro offers a wide range of services, including Year 2000 solutions, Euro currency conversion, supply chain management and software services for telecommunication and healthcare industries. Paul, who last week took over as president and chief executive officer of Wipro's Infotech and Software Services Group, gave no details of the proposed new services. Bangalore-based Wipro, which also makes computers and peripherals, would double the number of employees working outside India from 900 over the next three years to help increase its presence, he said. ''Our goal is we should get a fair share (of business) in every geography we participate in, and we clearly are going to participate in Europe, America, India and Japan,'' said Paul, 41, who will be based in Santa Clara, California. Wipro posted a net profit of 1.7 billion rupees ($39.2 million) for the year ended March 31, 1999, up from 1.08 billion a year ago. The software division contributed 1.65 billion rupees to the latest results. Sales during the financial year were 17.82 billion rupees against 13.64 billion in the previous year. Although the company does not give software sales separately, industry estimates put it at 65 percent of total revenue. Asked if Wipro planned acquisitions, Paul said it was not close to making any and would buy another software company only when it was satisfied that would mesh with existing operations. ''We don't see it happening during this financial year (1999/2000) unless we suddenly accelerated everything.'' ''It (the firm) has to be commercially useful with defensible intellectual property built around a services shell,'' Paul said. ''We are in the services business and are not looking to get into any product business.'' He also said any decision to issue American Depositary Receipts would be related to the decision to acquire a software company. Wipro was named by India's Dataquest magazine as the second largest information technology firm last month and Wipro chairman Azim Premji emerged as the world's richest Indian in the Forbes' magazine with an estimated personal wealth of $2.8 billion.

To: Mohan Marette who wrote (5501)	8/6/1999 10:43:00 PM
From: Mohan Marette	Respond to of 12475

Satyam Online has now enabled internet access through TV satyamonline.com Satyam Online ties up with Hyderabad firm Chennai, Aug 5: Satyam Online has now enabled internet access through TV. It has tied up with Hyderabad-based Kayz Disktech Ltd, a set-top box manufacturer selling the product under the brand name EyeNet. EyeNet is available with a built-in modem and comes with an infrared keyboard and mouse functions. The modem is linked to the telephone line and access to Satyam's internet package is facilitated. The set-top box costs around Rs 13,000 and 25-free internet hours are thrown in with every purchase. Satyam Online is offering NetVision, a ready-to-use pack for a fixed number of internet hours (currently 25) and comes with a temporary ID. This can be changed by the user while registering the account. No prior computer knowledge is required. The service can be renewed using the various renewal packages available through Satyam Online's distribution channel of more than 200 sales partners and over 200 retail outlets across the country. The user can send and receive messages and browse the Web but cannot download files. The user is not restricted to using the Net through the set-top box but can also do so using a PC. The box has a 2 mb memory. Kayz Disktech is likely to bring out set-top boxes with greater memory in the near future. Satyam is expecting a few thousand NetVision sales. Initially, the sales focus of NetVision through the EyeNet set-top box will be in Mumbai, Delhi, Hyderabad and Ludhiana. The ISP connectivity is valid for three months after purchase and offers one e-mail account. expressindia.com

To: Mohan Marette who wrote (5501)	8/6/1999 11:23:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 12475

An oases of mirth - Geek Humor Last Word How about the two friends camping in a jungle when a tiger comes. Friend 1 is quickly putting on his Nike shoes. Friend 2 asks, "Do you think you can outrun the tiger with those shoes?" Friend 1 replies, " I don't have to outrun the tiger, I have to outrun you." Now are you convinced that we geeks do not lack a sense of humour? (The author Jnan R. Dash is group vice president, Advanced Technology and Strategy at Oracle Corp., California.) More here-->http://www.india-today.com/ctoday/01081999/columns3.html