Infoview to cash in on Japan

By Our Correspondent

Chennai

Aug. 31: Chennai-based Infoview Technologies Pvt Ltd that specialises in offering consultancy and developmental services to Japanese clients is betting on the sale of Japanese software solutions and products in the country to ramp up its revenues.

The company is planning to localise Japanese softwares and obtain distribution rights for English-speaking markets.

"Even as Japanese automobile and electronic products have a huge global market, the Japanese software industry has not been able to penetrate into the English-speaking markets, because of the language barrier. Our company’s focus will be on collaborating with these Japanese companies, localise their products and obtain distribution rights for the Englis-speaking markets" said Mr M.R. Cheran Chandrasekaran, CEO, Infoview.

Infoview is targeting to generate revenues of over Rs 120 crore through software reselling.

"There are close to 180 companies in the Made in Japan Software Consortium. We are working with all the companies having unique software that have not been able to penetrate the English-speaking markets," he added.

Infoview, currently is working on a software product for data mining that can be used by investment bankers. The company is also working on a groupware (collaborative software) named Cubozu, for large corporate houses.

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Telcos for easy ECB regulation

New Delhi, Aug. 31: Mobile services providers, both GSM and CDMA players, have approached the finance ministry for granting one time approval to successful bidders in the 3G and Broadband Wireless Access auctions to raise funds through the overseas borrowing channel.

GSM operators body COAI and CDMA players lobby group AUSPI in a joint letter to finance secretary D. Subbaro have sought one-time approval to the successful bidders to raise funds through the External Commercial Borrowings (ECBs). "This would permit successful India bidders to augment their funding from domestic banks with potentially lower cost funds from the international banks," the associations said.

With high financial capital involved, the operators want it at affordable rates. —PTI