NATIONAL We are fighting software battle on our terms: Infy Software major Infosys today (June 12, 2004) said that battle for winning global software contracts with rival firms in the US were being fought on the terms of Indian offshoring firms like Infosys.
Anti-outsourcing cry is reducing in US: Infosys IT major Infosys Technologies today (June 12, 2004) asserted that the cry in the US against outsourcing of IT work to India is abating since the last three to four months due to creation of nearly one million jobs in the United States.
IPCL planning world's biggest MEG plant in Guj Indian Petrochemicals Corporation Ltd (IPCL) is planning to build the world's biggest MEG plant at Gandhar in Bharuch district of South Gujarat with a capacity of five lakh tonnes per year at an investment of Rs 1000 crores, Reliance Group Chairman Mukesh Ambani said today (June 12, 2004).
Govt will review tax on power generation: Dharam Karnataka Chief Minister N Dharam Singh today (Jun 12, 2004) said the State Government would review afresh levy of tax on captive power generation for "possible relief".
State FMs to discuss implementation of VAT on Jun 18 Finance Ministers of all the States will meet in Delhi on June 18 to discuss the issue of implementation of VAT (Value Added tax) at the State level and to ascertain the views of the States to the law amendment proposals enabling them to impose service tax, West Bengal Finance Minister Asim Dasgupta said today (June 12, 2004).
