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

To: Mohan Marette who wrote (8393)	10/13/1999 10:58:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

On the Screen:ICF Ventures takes 24% stake in Linc Software lincsoftware.com ICF Ventures, a venture capital company, has invested Rs 4.5 crore in Linc Software Services Pvt Ltd for an equity stake of 24 per cent. At a press meet here on Wednesday, Mr Chandra Kumar, managing director, Linc Software, said that the company has set aside 10 per cent of its equity for employee stock options. The venture funds will be partly used to fund an acquisition in the US and stepping up its marketing efforts in the UK and the US, besides developing infrastructure facilities. Linc, plans to go for an initial public offering (IPO) in the next two or three years, he said. The Rs 16-crore revenue target for the current fiscal will be achieved, he added. (10-14-99 ET)

To: Mohan Marette who wrote (8393)	10/14/1999 2:23:00 PM
From: sea_biscuit	Respond to of 12475

They should also tie-up with an energy company that can provide uninterrupted supply of power. The bloated state electricity boards of India are notorious for their inefficiency and total callous attitude towards the consumers who experience steep power outages everyday and severe "brownouts" for much of the time when the power is supposedly available. So, only when an American computer company (Compaq), and an American financial services company (American Express), and an American/European energy company get together, does it make any sense for the consumer to own a PC. Not otherwise. Certainly not with a combo like ECIL, State Bank of India and Delhi Electricity Board (or whatever it's called).