Profitloss Centerstage Events

Microsoft releases Windows 2000, the successor to Windows NT 4.0 and takes the centerstage among all global events which has happened over this week.
Picture Courtesy: Profit loss

Centerstage events of week 2

India's Information Minister Pramod Mahajan Tuesday confirmed that Infosys Technologies...

India's Information Minister Pramod Mahajan Tuesday confirmed that Infosys Technologies Ltd., India's best known software company, is seeking blanket approval from the Finance Ministry to buy companies abroad up to a value limit of $10 billion.

Monday, 14 February, 2000

China plans to shutter more than half of its trust...

China plans to shutter more than half of its trust and investment companies this year, as regulators try to fix one of the weakest links in China's flimsy financial sector. Trust and investment companies, which had grown rapidly in the 1990s, are seen as risky and poorly regulated, and many had invested in risky assets such as real estate and stocks, leading to concerns about their solvency.

Tuesday, 15 February, 2000

Microsoft releases Windows 2000, the successor to Windows NT 4.0....

Microsoft releases Windows 2000, the successor to Windows NT 4.0. Windows 2000 is a significant release for Microsoft, as it was designed to be a more stable, reliable, and secure operating system for business users than its predecessors. Windows 2000 includes several new features and improvements over Windows NT 4.0, including improved support for Plug and Play devices, better system management tools, and enhanced security features such as support for Kerberos authentication and the Encrypting File System (EFS).

Wednesday, 16 February, 2000

Internet-auction company eBay Inc. announces that next month will begin...

Internet-auction company eBay Inc. announces that next month will begin online auctions in Japan through a joint venture with Japanese computer giant NEC Corp., the companies said Thursday. The joint venture, called eBay Japan, was set up with an initial investment of $20 million and aimed to take advantage of the growing popularity of online shopping in Japan.

Thursday, 17 February, 2000

Venezuela's state oil company, Petroleos de Venezuela SA (PDVSA), reaches...

Venezuela's state oil company, Petroleos de Venezuela SA (PDVSA), reaches an agreement with the oil unions representing its workers, following a suspension in talks and threats of nationwide oil-worker strikes. The agreement is seen as a positive development for the company and the country, as PDVSA is a major contributor to the Venezuelan economy and any prolonged strike could have serious economic repercussions.

Friday, 18 February, 2000

Anglo-Dutch publisher Reed-Elsevier said it would invest more than 750...

Anglo-Dutch publisher Reed-Elsevier said it would invest more than 750 million pounds (1.2 billion euros or $1.2 billion) over the next three years and cut some 1,500 jobs in a long-awaited overhaul.

Saturday, 19 February, 2000

The Japanese government announces that it will choose a group...

The Japanese government announces that it will choose a group of companies led by Internet financier Softbank Corp. as the best candidate to buy nationalized Nippon Credit Bank Ltd.

Sunday, 20 February, 2000