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Global E-SoftSys becomes Microsoft Gold Certified Partner

Bangalore, May 22 (UNI) Global E-SoftSys, providers of e-Commerce consulting and full lifecycle development of e-Commerce, web, wireless and client/server applications, has attained the Microsoft Gold Certified Partner status.

The status represented the highest level of competence and expertise with Microsoft technologies and a close work relationship with the world IT major.

In a release here today, Global E-Softsys Chairman K U Shenoy said the certification acknowledged both the value of solutions as well as focus on customer satisfaction of Global E-SoftSys. During the last eight years, the company had developed several products and completed many turnkey custom software development projects on time and on budget for its customers in North America, Europe and Asia Pacific using Microsoft technologies.

''The advanced features offered by Microsoft .NET development framework, combined by our company's .NET expertise have helped us to successfully complete several enterprise class application development projects and e-Commerce sites. The partner status is a testimony to Global E-SoftSys' ability to provide software solutions that meet strict Microsoft guidelines and approval and acceptance from the client base,'' he added.

UNI RS RG GM1652

Sensex halts for an hour after over 1,100 pts' tumble

Mumbai, May 22 (UNI) In its worst intra-day stock market corrections, the BSE Sensex today tumbled 1,111.70 points to a low of 9,826.91 while hitting a 10 per cent lower circuit. Following the steep fall, the trading on the Bombay Stock Exchange (BSE) had to be stopped for one hour from 1200 hrs to 1300 hrs to avoid further losses. The 30-share Sensitive Index (Sensex) had lost 887 points on May 18, the black Monday last.....

Titan completes allotment of new shares

Mumbai, May 22: The rights issue of Tata group company, Titan Industries Limited, closed with over-subscription of 20 per cent and the allotment of the new shares and debentures was made on May 12, a press release here today said.The Company has allotted 21,13,038 equity shares of Rs 10 each at a premium of Rs 340 per share and an equal number of non-convertible debentures of Rs 250 each to over 29,000 applicants. With a total inflow of Rs 126.83.....

No payment problems says SEBI chief

New Delhi, May 22 (UNI) On a day of meltdown in the stock market when the Sensex finally crashed by 456.84 points after an intra-day jolt of 1112 points, the Securties and Exchange Board of India assured the investors that there are no payment or liquidity problems in the bourses. ''There are absolutely no liquidity problems of any kind'', SEBI Chairman M Damodaran said in a television interview. He advised the investor ''not to fall.....
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