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Monday, May 28, 2001
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IT-enabled services

The National Association of Software and Service Companies (Nasscom) has claimed that infotech-enabled services sector revenue has exceeded industry projections by almost Rs 100 crore to touch Rs 4,100 crore during 2000-1, a 70 per cent growth during the last financial year.

"IT-enabled services have steadily increased their share in the total revenue of India’s IT software and services industry from a low of 6.5 per cent in 1998-99 to 10.6 per cent in 2000-01," Nasscom Chairman Phiroz Vandrevala said.

Happy Bezos

Amazon.com founder Jeff Bezos has said he is glad the high-technology sector collapsed when it did. "I think it happened just in time," Bezos said in an interview at Amazon’s Seattle headquarters, reports AFP.

He said since the Internet economy had been fed by unlimited resources from venture capitalists, it’s ways were highly irrational. The free-spending manner of the competition was forcing Amazon into fierce price wars, leading it towards financial ruin.

 


New Palms

Palm, a leader in hand-held computers, has recently launched a range of its tiny machines in India. The lowest-end, 2 Mb Palm m100 is expected to cost around Rs 8,000, while the 8 Mb version would cost Rs 11,500. The Palm IIIc, the first colour hand-held computer, with a memory of 8 Mb, would be for Rs 16,500, says an Economic Times report. Another product, Palm Vx, also 8 Mb, would cost Rs 17,000, taxes excluded.

The hand-held computers are based on the Palm OS platform. Palm has appointed two local distributors in India — Ingram Micro India and Tech Pacific Technology.

Fresh Apples

Apple Computer Inc. began shipping computers with its next-generation operating system last week, about two months ahead of the schedule, Chief Executive Steve Jobs said.

Apple has billed the OS X operating system as the biggest software overhaul for its flagship line of computers since the company launched its first graphic-based system for the Macintosh in 1984, reports Reuters.

NIIT plans

The NIIT, which has a presence in 20 countries, plans to add at least 100 more international training centres to its existing 120 in the next six months, according to Chief Operating Officer Mr P. Rajendran.

Under a tie-up, the Citibank and IFC had ‘test marketed’ education loans of Rs 15 crore to about 1,500 students of the three-year IGNIIT course in the year ending March 2000, reports The Hindu. In four years, beginning this year, Citibank plans to disburse Rs 400 crore for 40,000 IGNIIT students, repayable in seven years.

Internet telephony

The ban on Internet telephony is likely to be lifted by mid-2002. The telecom commission feels that if Internet telephony is introduced now, private parties may not set up national long-distance networks as it would make these projects unattractive, says an Economic Times report.

The prices of long-distance telephony are expected to come down drastically (up to 1/10th of the existing prices, according to one estimate) if Internet telephony is allowed.

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