BUSINESS LINE's INVESTMENT WORLD
From THE HINDU group of publications
Sunday, September 17, 2000












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``Microsoft India and Infosys will work together to bring the latter's (Infosys) solutions, development and delivery capabilities to large Indian enterprises. This relationship would expand the company's Fortune 1000 client base.'' -- Mr N. R. Narayana Murthy, Chairman and CEO, Infosys Technologies.

``Infosys continues to build a strong solution development reputation in the US and other international markets and brings a huge pool of resources skilled on Microsoft technologies. Together, we can deliver world-class e-business solutions to our existing and future customers.'' -- Mr. Bill Gates, chairman, Microsoft.

``ICICI plans to limit its total investments in the e-commerce sector to Rs 100 crores. We have so far invested about Rs 50 crores in this sector and look to making fresh investments of another Rs 50 crores in the next six months.'' -- Mr K. V. Kamath, Managing Director, ICICI.

``It is a matter of great concern for us. I do not think the OPEC countries are doing enough to bring down prices. We need to put greater pressure on them.''-- Mr. Yashwant Sinha, Finance Minister.

``Hewlett Packard will offer utility-based pricing system which allow businesses to pay for as much computing power as it uses. Businesses pay for only the server capacity, they need no more, no less.'' -- Ms. Carly Florina, Chief Executive, Hewlett Packard.

``The company which has applied for marketing rights for controlled products would make appropriate arrangements as soon as marketing rights for controlled products are decontrolled.'' -- Mr. Dhirubhai Ambani, Chairman, Reliance Petroleum.

``When the OM takeover offer has been seen off, the board, in full consultation with shareholders and customers, would review the means by which London's pre-eminent role in European equities trading can best be promoted in both their interests.'' -- Mr Don Cruickshank, Chairman, London Stock Exchange, on the abandoned merger with Deutche Boerse to create iX.

``Options exchanges have helped ensure that competition will be the principal force shaping the landscape of our evolving options industry. The result will be enhanced infrastructure, competition and fairer markets for investors in options.'' -- Mr Arthur Levitt, Chairman, Securities and Exchange Commission.

``The company would outperform the market and double its turnover in four years. Dabur plans to mount its traditional knowledge of Ayurveda, validated by modern research, on the website within a year and use the Interent for B2B and B2C.'' -- Mr V. C. Burman, Chairman, Dabur India.


Section  : Opinion
Previous : `We are more conscious of liquidity now' --
           Mr Ajay Srinivasan, MD, Prudential ICICI AMC

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