Updated daily at 1200 hrs (IST)
Saturday, 24 March 2001





 






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VSNL TO INVEST Rs 4,000 CRORE
IN ISP, DTH SERVICES BY 2003

State-owned international telecom service provider (ISD), Videsh Sanchar Nigam Ltd (VSNL), will invest Rs 4,000 crore in the next two years for internet, direct-to-home (DTH) and domestic long distance.

"We will invest Rs 4,000 crore by 2003 for expansion of our All-India Internet Access Services entering into new areas like DTH and domestic long distance", Amitabh Kumar, Director, Operations, VSNL, said on Friday. He said the company didn't have to borrow funds for any of its plans as it was sitting on a cash reserve of Rs 5,000 crore.

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REDIFF.COM ACQUIRES INDIA ABROAD

Leading portal rediff.com on Friday announced acquisition of New York based India Abroad Publications, which comes out with the largest selling ethnic weekly newspaper in the US, for an undisclosed amount. Rediff sources put the deal at 10 million USD. Tarun Basu, Executive Editor of India Abroad News Services, said that the deal involves merger of India Abroad weekly newspaper, a metro weekly from New York and a website of the publication. Rediff in a statement said the portal also acquired another US based company, Value Communications Corporation, and increased stake in a financial portal apnaloan.com.

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Due to technical reasons the news sections of Bharat Samachar could not be updated on Friday, 23 March 2001. For the benefit of our viewers we are carrying the same today.
Updated daily at 1200 hrs (IST)
Friday, 23 March 2001





 






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17 INDIAN COMPANIES
TO AID CONVERGENCE

Seventeen Indian infotech companies are participating in the world's largest computer and communications expo, Cebit 2001, being held at Hanover.

The Indian pavilion at the fair is being coordinated by Nasscom with support from the Information Technology Ministry and the Indo-German Export Promotion Council.

More than 8,000 companies from 60 countries are participating in this fair being held from 22-28 March.

According to Nasscom President Dewang Mehta, the focus of Indian participation will be on the emerging technology and business of telecom software, wireless Internet, IT services, application service providers, systems-on-chip, micro-electronics designing, e-commerce and e-banking solutions.

India is expecting a business of Rs 100 crore through the participation in this fair.

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INSAT-3C TO BRINGDOWN
TRANSPONDER COSTS

The launch of Indian National Satelite-3C (INSAT-3C) is likely to bring down the transponder cost for the domestic and foreign satellite broadcasters operating in India. At present, only few players are using the INSAT class of satellites. Indian Space Research Organisation (ISRO) Chairman K Kasturirangan said the INSAT-3C satellite would be launched by 30 July, this year.

Talking to Business Standard, VR Katti, Project director, GEOSTAT, said the INSAT-3C would carry 12 C-band transponders, 6 transponders C-band transponders, 2 S-band transponders and one MSS transponders, to be primarily used for communication and broadcasting purposes.



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REDIFF TO ACQUIRE 2 US FIRMS

Nasdaq listed Rediff.com is acquiring two US based companies, Value Communications Corporation and India Abroad Publications. It is also increasing its stake in the Indian financial portal, Apnaloan.com, with the option of taking 100 per cent stake over a period of time.

"Rediff.com has entered into an agreement to acquire an Illinois based communication company, Value Communications Corporation, and New York based India Abroad Publications, which is a South Asian weekly newspaper", a statement issued by the company on Thursday said.

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INTERNET TELEPHONY SET
TO EVOLVE IN INDIA

Internet telephony will not be cheap nor will it revolutionaries communication but will only evolve according to industry experts at the Convergence India 2001.

Experts were of the opinion that India - with its recent initiatives in the telecom sector - is expected to be the fourth largest market in the Internet telephony in Asia-Pacific by 2004.

Exploding the myths around Internet telephony, Vijay Yadav, Country Manager, CommWorks - India, a subsidiary of 3Com networks, said : "Internet telephony will not be as cheap as expected. It may be the same as that of the traditional voice carrier or slightly cheaper at the most. Internet telephony is also not going to bring about a fast change in communication, it will take time and will evolve slowly".

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INDIA POISED TO BECOME
SATELLITE COMMUNICATION MAJOR

With the access to right tools, India can become a major market and player in the satellite communication areas, says Alain Roger, President and Chief Executive Officer of EuropeStar.

Delivering the keynote address at the second day of Convergence India 2001, Roger said : "Satellite is the most efficient system of answering to India's specific needs. Trends are clearly to have access to bandwidth for the fastest growing applications as well as developing more traditional applications like telephony".

Remarking that wired services alone will not be able to meet the increased communications needs, he said there was a need for satellite bandwidth for Internet and broadcasting.

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NOKIA PLANS LOCAL LANGUAGE
FACILITY IN CELLPHONES

Nokia on Thursday said it is considering language mobile handsets supporting Indian language capabilities, which will enable the users to access Internet content and send messages in the local languages.

"India has a huge growth potential for Nokia, especially as the market is largely untapped", Lichfield said.

He said the company is in the process of conducting internal surveys to gauge the language requirements of potential Indian customers in order to work out a local strategy.



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ERICSSON SOFTWARE PLATFORM IN INDIA

Swedish Telecom Equipment Provider Ericsson is setting up a telecom software platform called - Developers Zone in India to enable local software firms to develop applications for the global market.

The company is also targeting the Indian Telecom Service Providers with its GPRS systems for the cellular sector and CDMA-based equipment for the basic operators.

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LUCENT IN ALLIANCE
WITH TATA TELESERVICES

Lucent Technologies has announced that it has signed a $ 31.1 million contract with Tata Teleservices Ltd, a telecommunications service provider, to build a broadband telephone network in Andhra Pradesh.

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Bharat Samachar and Rotary Delhi Qutab (Rotary International District 3010) (
www.BharatSamachar.com/RotaryDelhiQutab)
have got together to issue this appeal to all well wishers and friends.

We need not elaborate on the magnitude of the disaster that has struck the Western State of India - Gujarat.

India will need pharmaceuticals, medical supplies
and nutritional supplements as well as funds. Indian relief agencies can procure these items but need funds for this effort.

I appeal to you to help with this relief project by donating as much as you
can. All donations received will be delivered to the Prime Minister's Relief
Fund and will be acknowledged individually with proper receipts and records.

Your donations can be mailed to:

Rotarian Past President Atul Dev
Rotary Delhi Qutab
B-9 Shivalik
New Delhi - 110017 INDIA

Tel: 91 98 102 34579

Cheques should be payable to "Rotary Delhi Qutab a/c Gujarat Relief Fund".
Please do not make cheques payable to any individual or send cash.

All contributions will be acknowledged in Bharat Samachar (www.BharatSamachar.com) and reproduced in the Rotary Delhi Qutab Bulletin.

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