To: Mohan Marette who wrote (875 ) 2/24/2000 9:13:00 PM From: Mohan Marette Read Replies (1) | Respond to
e-Briefing --India's first portal on insurance launched Integra Capital Management Ltd on Thursday announced the launch of the country's first portal "assure India.com" ( assureindia.com ) catering extensively to the insurance sector in the country. The vertical portal (www.assureindia.com), inaugurated by Central Vigilance Commissioner N Vittal, will serve the key need for unbiased and well-aggregated online information along with focusing on the issues and trends shaping the insurance industry.Cellular freedom on offer Tata Cellular has joined hands with Foodworld, the retailing giant in South India, to make the new freedom prepaid recharge coupons available at all their outlets in Andhra Pradesh. The exclusive tie-up is aimed at providing customers the convenience of buying the recharge coupons at outlets frequented by them for regular shopping, a Tata Cellular release said.DSP Merrill Lynch to value Web Development Web Development Co Pvt Ltd , a Web-based solutions provider and promoterof three portals - fashionindia.net , bengalonthenet.com and miningindia.com - has appointed DSP Merrill Lynch to value the company. Executive director for technical operation, Rahul Sharma, said, "We have appointed DSP Merrill Lynch but we would not like to disclose the valuation figure now".Pacfusion.com sets up wholly-owned arm Pacfusion.com , an e-commerce subsidiary of Internet service provider Pacific Internet, has launched a wholly-owned subsidiary in India which will invest in e-commerce, content and communications services. The company has earmarked $30 million for the purpose, of which a large chunk would be invested in India. Pacfusion was incorporated in December 1999 with a planned investment of up to $200 million, including funds which will be injected by strategic investors from Asia and the United States.QA1 in equity placement deal Prudential ICICI Asset Management Company and aforeign institutional investor Chescor . The deal was facilitated by Development Bank of Singapore Capital Trust Securities India . According to QAI India executive director Navyug Mohnot, the money will be used for creating QAI India into a global knowledge corporation. Hong Kong, India in IT pact Indus launches eSpanWorld Indus Software Pvt Ltd has launched eSpanWorld an issue-based collaboration Internet portal to address the communication needs of managers across national and international boundaries. eSpanWorld enables managers based at various sites working on a common project to communicate on issues.TCS sets up Net technology centre for AIG Tata Consultancy Services (TCS) , a division of the Tata Sons has setup a dedicated Internet technology centre for the American International Group Inc (AIG) - an international and financial services organisation. The state-of-the art technology centre located at the TCS facility in Ambattur, Chennai, will enable AIG to do e-business effectively.EnronCredit.com launched Enron has announced the launch of EnronCredit.com , the first global online credit department to provide live credit prices and enable business to business customers to hedge credit exposure instantly via the Internet. Beginning March 8, the service will enable businesses to evaluate the credit quality of their customers in real time.
