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Budding Time

Lotus India will become a 100 per cent subsidiary of its US parent.

Lotus Development is now a wholly owned subsidiary of IBM Corporation.

T O D A Y

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Disclosing the India plan, a senior executive in Bombay said, "We are in the process of expanding our branch offices in the country. By April-end, we expect to open our next shop in Bangalore, followed by Calcutta. The next logical step after then would be the setting up of a subsidiary here. We have forwarded our proposal to the Reserve Bank of India and are expecting a rejoinder."

The Foreign Investment Promotion Board recently gave Lotus the green signal to set up its second branch office in Bombay. That followed a similar permission for the opening of their Delhi liaison office weeks earlier.

"Our focus right now is to provide allied services under one overall umbrella. Apart from field service support and educational services, we would emphasis on technical support to our clients in India," maintain Lotus officials.

Lotus has unveiled a set of business productivity applets built specifically for the network-computing environment called 'eSuite'. Incidentally, this solution was formerly code named Kona. It allows corporations to gain control of desktop computing environment and subsequently build powerful Internet, intranet and extranet applications.

While the eSuite Workplace software includes a word processor, email, Web browsing, spreadsheet, calendar, chart, presentation graphics and address books, the 'applets' are touted to be small fast and modular, which can be loaded quickly on demand from a server.

"We are starting with an estimated introductory price of Rs 2,058 per user through the company's volume pricing programme," said a Lotus officer.

- Compiled from the Indian media

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