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NATIONAL
Tax of 10 paise per litre on petrol, diesel likely
New Delhi: Ahead of the elections in five States, the Government is likely to clear a proposal to levy a 10 paise per litre cess on petrol and diesel to create a social security fund for 37 crore (370 million) workers in the unorganised sector.

MTNL cuts 'Garuda' rental, plans new initiatives
Mahanagar Telephone Nigam Limited (MTNL) has reduced the rental of its cellular services 'Garuda' to Rs 100 from Rs 300, and is planning a host of initiatives to retain its existing customers.

'Tamil Nadu emerging as a key ITES and BPO hub'
Bangalore: Tamil Nadu is emerging as a key hub for Information Technology Enabled Services (ITES) and Business Process Outsourcing (BPO) in the country, particularly in the Banking, Financial Services and Insurance (BFSI) sector, a top State Government official said today (Nov 5).

SENSEX sheds 33 points as stocks suffer setback
Mumbai: Equities suffered a moderate setback pushing the SENSEX down by 33 points at close in erratic movements at the Bombay Stock Exchange (BSE) today (Nov 5) on selling pressure by retail investors as well as select foreign funds.

India not on Infosys radar except for banking business
Bangalore: Software major Infosys Technologies is not looking at the domestic market except for its banking product "Finacle" as the company feels it gets better returns from export of software services in the international market.