Uday Lal Pai

Satyam Infoway’s apparent acquisition of IndiaWorld seems to be running into troubled waters with a US-based company which claims true ownership of IndiaWorld. “It’s only a fake tale,” Victor George, managing director of IndiaWorld told this correspondent. “Someone came out of nowhere, used indiaworld.co.in, claimed the original title [and] raked up all the money from […]

The government of India has given private ISPs in the country somewhat limited freedom to use foreign satellites and Ku-band for international Internet connectivity. ISPs will have to go through the Videsh Sanchar Nigam Limited (VSNL) for international connectivity through submarine cables, said PS Saran, telecom commission (services) member. The opening up of Ku band […]

Dishnet Limited, the ISP arm of Sterling Group, has introduced Digital Subscriber Line (DSL) technology for high-speed Net access. “Dishnet brings this broadband access, which is at least 140 times faster than the fastest analog modems available in the market today,” said the company statement. “We are offering the newest and most advanced Internet access […]

Bharti BT Internet says it is currently evaluating a Nasdaq listing. The company, a 51-49 joint venture ISP by Bharti Enterprises and British Telecom plc, has targeted 70,000 customers by March 2000 for its Internet service ManthraOnline. Bharti BT has not yet taken a firm decision for Nasdaq listing, but CEO N Arjun only said […]

The Securities and Exchange Board of India (SEBI) proposes to set up a regulatory framework for Internet trading by the end of December. SEBI has set up a committee to recommend measures and guidelines for the introduction of trading in the secondary capital markets on the Internet. The committee, headed by BP Pathak, is expected […]

According to Dewang Mehta, president of NASSCOM (National Association of Software and Service Companies), e-commerce transactions in India will approach the $2.3 billion mark in the next three years. Mehta added that the figure is based on the assumption that the government will refrain from its proposed plan of imposing additional taxes on such transactions. […]

Although India’s first pure Internet stock, Satyam Infoway, hit an all-time high for two consecutive sessions on the Nasdaq, it reported a net loss of $1.8 million (Rupees 7.69 crores) for the second quarter. Shares of Satyam (SIFY), India’s largest private ISP, touched a new high of $57.5 before closing at $52 on Friday. This […]

India’s telecom major BPL Telecom Business Group is all set to launch its ISP services in a month’s time. In an exclusive interview with asia.internet.com, the high profile, young chairman of BPL Telecom, Rajeev Chandrasekhar, said that the ISP service would be launched in 11 cities through three gateways in Delhi, Bangalore and Mumbai. The […]

The 1999 Information Technology Bill will be introduced in the winter session of Parliament in India. A tremendous increase in e-commerce transactions is expected by the industry as soon as the bill becomes law. The Union Cabinet has already approved the proposal that would allow enactment of cyber laws to regulate electronic communications, trade and […]

Taking a cue from Satyam Infoway’s recent successful foray on the NASDAQ, India’s Telecom-Internet major Videsh Sanchar Nigam Limited (VSNL) may go in for an ADR float for its proposed Net arm VSNL Seamless Services Limited (VSSL). It has also set a target of one million subscribers for the Internet services by April 2001. VSNL […]

In a major shuffling to become an e-corporation, India’s infotech major NIIT Limited plans to set up a global Net facility for software development with an estimated investment of $17 million. NIIT will be leveraging its expertise in software solutions and learning solutions to seize opportunities in the Internet economy. And, `e-NIIT’ brand will be […]

Post-IPO Satyam Infoway Ltd. has declared gateways will be the prime focus for the millions it accumulated last week. The company intends to expand the domestic reach of the Internet in India and also plans to set up an International gateway. Another thrust area will be to invest in acquisitions. According to R. Ramaraj, Satyam’s […]