Venture Capitalists On Prowl For Ideas

The Srinivas Group has launched 'digital Press' country's first integrated solution is printing. A one-stop-shop which offers graphic design, digital photography, pre-press and digital printing and finishing. It is equipped with a state-of-the-art 1,600 sq ft digital studio, managing director pramod kumar, said "The studio is equipped with high-resolution digital cameras, graphics manipulation software and superior lighting capabilities," he added. Kumar said the studio has award-wining designers as consultants. ion" content="Canara Bank has set up settlement advisory committees (SACs) for settlement of non-performing assets (NPAs) including the cases which are pending before courts and debt recovery tribunals. These committees have been set up at the head office, circle offices, regional offices and divisional offices. the SACs will consider settlement of accounts which are considered as NPAs as on April 1, 1996. SACs can waive off compound and penal interest and charging of simple interest and the remaining amount payable will have to be paid lumpsum or within a year, apress statement said. The SACs which have been set up as per Reserve Bank of India guidelines, will be operative till September 2000 and the will apply for settlement of NPAs under small scale industries, agriculture, small business including trading and personal segments. ">