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Articles
8/15/2004

Breaking News
NetGuru signs $5.5m steel deal
YORBA LINDA, Calif. - NetGuru Inc. has entered into a business-process outsourcing contract worth $5.5 million with the Canada-based Dowco Consultants Ltd., a company that provides steel detailing for construction projects.

NetIP set for New York convention
NEW YORK - More than 500 members of Network of Indian Professionals from the United States and Canada are expected in New York City for the group's annual convention this September.

Sonus delisted from Nasdaq
CHELMSFORD, Mass. - Sonus Networks Inc. has been delisted from the Nasdaq Stock Market, the company said. Nasdaq denied the company's request for additional time to file its quarterly report for the period ended June 30.

Editorial
Bush of the mark with CIA director
When President George W. Bush nominated Florida Congressman Porter Goss to head the Central Intelligence Agency recently, he quelled fears that he would let the position sit open until after the election. However, in choosing Goss, he did little to start the sweeping overhaul that the agency needs.

Executive Profile
Automation standard setter
LAKE FOREST, Calif. - Rashesh Mody has spent over a decade helping Wonderware's industrial-automation software remain on the cutting edge. Now, he is taking on a broader role for the industry as the chief architect for the OPC Foundation.

Indian companies caught up in 'stockgate'
BERLIN - In what is being called "Stockgate," hundreds of U.S. companies - including Raj Kalra's Dicut Inc. and Avtar Dhillon's Genetronics Biomedical Corp. - recently discovered their common stock was being traded without their authorization on the Berlin-Bremen Stock Exchange in Germany.

Focus: Legal
Court rulings make it time to examine marriage policies
In the area of designing company policies and the purchase of employee benefits, it's the job of human resources to insure that both policies and benefits meet all existing state and federal requirements.

Don't miss out, file now for next year's H-1B visas
As the economy begins its recovery, the demand for H-1B workers is increasing, causing concern about the cap on H-1B visas for 2005. Considering the cap for such visas in 2004 was hit in February, the question is how fast will the cap be reached for 2005 (following the government's fiscal year, which begins October 1). Some pundits are predicting that the cap will be hit as early as December 2004.

Know what to look for in lawyer; avoid immigration consultants
The process of immigrating to the United States is one of the most important life experiences many people will go through in their lives. Moving countries is usually complex and stressful and the consequences of failing to plan properly can lead to nightmare scenarios. It is not a surprise, therefore, that many people turn to immigration lawyers to assist with immigrating.

Lawyers group gains ground with event, hate crime help
CERRITOS, Calif. - The National South Asian Bar Association is rolling into its second year. After a successful first national convention in June, the association will now launch specific services to help South Asians deal with issues such as hate crime.

Patents need to be protected, but maybe not 'at all costs'
What do you do if you suspect that a competitor has released or is about to release a product that might infringe on your patent? Your first reaction might be to file a lawsuit to protect your valuable intellectual property.

Tough choices abound during adjustment of status process
Applicants for permanent residence who file employment-based permanent residence applications (I-485 "adjustment of status" applications) face an average wait of two years while their applications are pending. A lot can happen during this lengthy processing time, and many applicants face difficult decisions and choices along the way.

Franchise & Hospitality
Biring's HealthWest ordered to stop franchise licensing
SACRAMENTO, Calif. - Manmohan Singh Biring's Los Angeles-based medical spa company, HealthWest Inc., has been ordered to stop offering to sell franchises and licenses to operate "medspa" facilities in California for failing to obtain approval from the Department of Corporations as required by law.

Conrad Miami bought buy E.I. American for $65m
MIAMI - E.I. American Real Estate Corp. recently bought the Conrad Miami Hotel and its affiliated spaces, totaling 250,000 square feet in property within the Espirito Santo Plaza, for $65 million.

Eagle Broadband signs $6.2m deal with AeroVision
LEAGUE CITY, Texas - Eagle Broadband Inc., a provider of broadband and communications technology and services, has signed a $6.2 million agreement with Aero-Vision Technologies, a company that provides multi-media technology and integration services to the hospitality industry.

Hersha Hospitality Trust acquires two Mid-Atlantic hotels
PHILADELPHIA - Hersha Hospitality Trust, has agreed to acquire the 88-room Hilton Garden Inn in Gettysburg, Pa. In addition the company has completed the acquisition of the 73-room Comfort Inn in Frederick, Md.

Hotel Montgomery reopens, furthing San Jose revitalization
SAN JOSE, Calif. - Downtown San Jose's collection of boutique hotel properties has grown with the reopening of the 86-room Hotel Montgomery last month. The opening is the latest accomplishment in the quest of the San Jose Convention & Visitors Bureau's to revitalize the city's historic properties.

If extra room nights aren't there, renovation not the answer
How many extra room nights do you have to sell to make an additional $1.5 million in profit?

IHOP signs industry vet, deal could lead to 35 stores
GLENDALE, Calif. - IHOP Corp. has signed a multi-store development agreement with David Paradise and his partners for five new restaurants, and established an option for 35 more.

InterContinental joines with China Southern Airlines
SINGAPORE - China Southern Airlines, the largest airline in The People's Republic of China, and InterContinental Hotels Group have recently partnered to integrate their frequent travel programs.

Kentucky woman serves up taste of Golden Corral
SPRINGFIELD, Ky. - Ratna Yalamanchili has become a poster child for Golden Corral Corp. She opened up the first Golden Corral restaurant in Wisconsin, and then the first in Illinois. Now, based on her success, the areas are becoming hotbeds of franchisee interest.

Marshall inks 3-hotel contract
SALISBURY, Md. - Marshall Management, Inc., a mid-sized hotel management company, has signed management contracts to operate three hotels.

Regional franchise rep. offers innovative expansion option
One of the more innovative methods of expanding a franchise system into new territories that has arisen recently in the franchising industry entails reaching an agreement with a so-called "regional representative."

Top franchise companies increased profits by 45 percent
WASHINGTON - Top performers in franchising reported average profits of more than 45 percent in 2002, a jump of more than five points over the previous year, according to a study released by the International Franchise Association Educational Foundation.

Indus on the Record
Corporate Notes
ATLANTA, Ga. - Empower Solutions Inc., a subsidiary of Intelligroup Inc., announced that Detroit Public Schools added four new vendors to its Internet-based collaborative purchasing system, including ABC School Supplies, Dick Blick Art Materials, Lakeshore Learning Materials, and Zep Manufacturing. Arjun Valluri is the chairman and CEO of Intelligroup.

Personnel File
AMHERST, Mass. - Kalidas Shetty, associate professor of food science at the University of Massachusetts, has been named one of five scholars to serve as Jefferson Science Fellows advising the U.S. State Department on scientific issues as they relate to international diplomacy.

Investment
Think Strategy Capital hedges on growing investment sector
NEW YORK - Hedge funds are growing faster than any other investment sector in the United States. And Chetan Kapur has seized the opportunity, giving up a job at a top investment bank to run his own hedge fund business.

Opinion
Awareness program best bet for company security
It's a dilemma that every IT professional is all too familiar with: heeding management's call to help keep employee productivity high while fending off increasingly severe threats and vulnerabilities - all at a time when regulatory compliance is more important than ever. While there are no simple solutions, a security awareness program that emphasizes adherence to security best practices can go a long way toward resolving this face-off.

Strategic planning is a must - make it a habit
The discipline of strategic planning is a lot like flossing your teeth. You know you should do it, the effects are enhanced by doing it regularly and the long-term consequences of not doing it can actually be quite serious. So why are both so hard to make a regular habit?

Vote in children's interest for future
Early in his 2000 election campaign, President George W. Bush quickly spread the word that he was a "compassionate conservative." It was no surprise when, just after three days of his inauguration in January 2001, Bush announced his "No Child Left Behind" education reforms.

Retail
Some vendors thrive during convention, others flounder
Shortly before the Democratic National Convention was to kick into high gear in Boston, Sumul Shah joked that he was looking forward to only one thing: seeing the convention come to an end.

South Asian Connection
EchoStar courts cricket fans with marquee tournaments
ENGLEWOOD, Colo. - EchoStar Communications Corp.'s DISH Network, a television provider of major cricket matches, will exclusively broadcast the Holland Cup and the International Cricket Council 2004 Champions Trophy on DISH On Demand Pay-Per-View in August and September.

Genio's toys headed to subcontinent
NEW YORK - Genio Group Inc., a marketer of entertainment products for kids, has entered into an exclusive distribution agreement with India's Funskool Company Ltd.

HCL Technologies gets ISO certification
NEW DELHI - India's top IT company, HCL Technologies Ltd., has received ISO certification from TUV Rheinland, for the design of medical devices.

India-Pakistan peace talks continue to move forward
NEW DELHI - India and Pakistan recently concluded another round of peace talks that ended in discussing proposals for promoting friendly exchanges and cooperation in the fields of art, culture, archaeology, education, science and technology, youth affairs and sports, media and tourism.

Indian businesses embrace trade organization agreement
Indian business associations have welcomed the World Trade Organization's draft framework agreement that was signed in Geneva last month.

Indian exports increasingly finding way to United States
NEW DELHI - The United States is emerging as the most preferred destination for Indian exports, according to a study by the Confederation of Indian Industry.

Plumtree ties up with Satyam, enters Indian market
HYDERABAD - Plumtree Software Inc. has entered the Indian market through a deal with Satyam Computer Services Ltd.

Raytheon sets sights on India, increases defense talks
WALTHAM, Mass. - India is figuring prominently on the radar of aerospace and defense giant Raytheon Co. Raytheon's president, Susan Baumgarten recently visited India to attend a high-level Indo-U.S. space conference held in New Delhi. She said that the company was "encouraged" by the on-going political dialogue between India and the United States and the company was looking step up its business with India. "As a company we are very committed to doing business in India," said Baumgarten. "We did a detailed study recently and we came up with core countries where we have had significant success in the past. Even though India was not on that list, it is a country where we see good opportunity."

Sonata joins Microsoft mainframe alliance
BANGALORE, India - India's Sonata Software Ltd. said it is joining the newly-formed Microsoft Mainframe Migration Alliance. This alliance, which brings together platform leaders, tools and technology developers and global system integrators, aims to enable the migration of applications from mainframe systems onto the Microsoft technologies.

Technology
@Road nixes $86m buy; backtrack to cost $2.1m
FREMONT, Calif. - @Road Inc. has decided not to buy MDSI Mobile Data Solutions Inc. and will instead enter into a partnership with the company.

BroadSpire 'charity' hosts for nonprofits
LOS ANGELES - BroadSpire Inc. is a Web-hosting and IT-services company that has survived the up and downs of the tech industry for almost a decade. Now, the company is giving a little back with a new program aimed at helping nonprofit organizations raise money and push their growth over the Internet.

LTSave looks to make retirement dreams come true
BOSTON - A beach house on the Cape. An annual vacation to Europe, or maybe to places more exotic. For some, a visit back home. In all, a peaceful life. This is the American Dream Part 2 (Post-Retirement) for many.

SiNett surges ahead with chips for wireless networks
SUNNYVALE, Calif. - Chip companies that serve the wireless network industry are in a competitive footrace to release a product and grab a lion's share of the newest markets that arise. The founders of SiNett believe they got enough of a jump to beat others to the punch.

SupportSoft set to acquire Core Networks for $17m
REDWOOD CITY, Calif. - SupportSoft Inc. has inked a deal to buy Canadian software company Core Networks for $17 million in cash.









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