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

To: Mohan Marette who wrote (10203)	12/22/1999 1:32:00 AM
From: Mohan Marette	Respond to of 12475

All banks claim Y2K compliance; no public transactions on January 1, 2000. India Today Mumbai, December 22: Reserve Bank of India (RBI) has said that all 103 commercial banks and their non-banking subsidiaries, scheduled and major urban co-operative banks have reported full year 2000 (Y2K) readiness. RBI has promised the core staff and vendor support in banks round the clock from December 27 onwards till smooth rollover to year 2000 was complete. The apex bank has, however, declared that banks would observe holiday for public transactions on January 1, 2000. RBI, in a statement, stated that its computer systems, which had been tested for Y2K readiness by independent third parties, including those having interface with banks and financial institutions, were already Y2K compliant. "Contingency plans, duly tested in simulated environment, have been put in place," the statement said, adding that the banks have adequate cash stocks and could further draw cash from the currency chest bank or RBI issue offices. As a measure of abundant precaution, banks have been advised to maintain hard copies of all customers' accounts right from December 1 and account holders could obtain the statement of accounts before January 1, 2000 from the branches of the banks at any time, it said. "Y2K compliant state-of-the-art MICR cheque processing systems at Mumbai, Calcutta, New Delhi and Chennai have gone live during July October 1999 and cross border connectivity of banks through 'Swift' has also been made compliant," according to the central bank.

To: Mohan Marette who wrote (10203)	12/22/1999 8:11:00 AM
From: JPR	Read Replies (1) \| Respond to of 12475

Mohan: Congratulations on ITWO. Did you notice the ICGE performance yesterday? I'm in that. Here is something interesting: NEW DELHI, Dec 22 (Reuters) - Microsoft Corp's (NASDAQ:MSFT)Windows 2000 software platform, due to be launched in February, will be able to carry programming applications in Hindi and eventually in other Indian languages, company officials said. They told a news conference late on Tuesday that the operating systems software, representing the next version of the company's NT series of network computing platforms, would be "completely Hindi and Tamil enabled." Though the platform will not immediately match all the features offered in the Japanese and Chinese versions of Windows, the software will offer APIs, or application programming interfaces, which serve as hooks or roadmaps for developers making end-use software. So far, Hindi fonts have been superimposed on the English script operating systems but Windows 2000 will have the language script, called Devanagari, as part of the basic operating system. "Windows 2000 can think Hindi, talk Hindi," said N.B. Sundar, marketing manager at Microsoft's Indian unit. Microsoft will also introduce a Hindi version of its popular MS Word word-processing application as part of the Windows 2000 package, which can check for syntax, spelling and grammar, he said. Sundar said Microsoft planned to introduce software enabled for regional languages such as Punjabi, Gujarati, Oriya, Telegu, Kannada and Bengali in future. Microsoft officials said the Hindi version conformed to the standards set by Unicode, an independent body on languages in software programming. "Each of Windows 2000's APIs support Unicode," Microsoft consultant Harish Vaidyanathan said. Fax +91-11-3014043,narayanan.madhavan@reuters.com))