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Registered as Indian Private Company, Omega Interactive Technologies Limited,is been concentrating on Computer Software Development. Due to severe recession in the Global Information Technology industry, company's performance has declined during the year 2000-01. The export of software has almost down by 40% over the previous year. However the company has made a significant business development achievement and has signed a contract with the division of a global transnational invesment bank. This bank is a clearing house to 650 independent institutional and retail financial organisations located in 9 offices worldwide and provides a full range of investment related products and services to financial services community. Company's subsidiary Omega Portals Ltd has been renamed as Omega Portals Private Limited in the year 2000-01.