Business Portal of India : Government of India, Indian Economy, Investment, Incentives, Trade, Infrastructure, Legal Aspects

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head><script type="text/javascript" src="https://web-static.archive.org/_static/js/bundle-playback.js?v=7YQSqjSh" charset="utf-8"></script> <script type="text/javascript" src="https://web-static.archive.org/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="https://web-static.archive.org/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("http://business.gov.in:80/","20090225125257","https://web.archive.org/","web","https://web-static.archive.org/_static/", "1235566377"); </script> <link rel="stylesheet" type="text/css" 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theBnewsid3[5]="59"; theBnewsid3[5]="59"; theBtitle3[6]="Adopting an Action Agenda for the Welfare of Workers"; theBnewsid3[6]="60"; theBnewsid3[6]="60"; theBtitle3[7]="Preparing New Pension Schemes for Private Sector Employees"; theBnewsid3[7]="61"; theBnewsid3[7]="61"; </script><script language="javascript">var theBtitle = new Array(); var theBnewsid = new Array(); var theBdate = new Array(); </script> <script language="javascript">var theBtitle2 = new Array(); var theDes2 = new Array(); var theBnewsid2 = new Array(); var theBdate2 = new Array(); theBtitle2[0]="Govt may cut diesel prices by Rs 2 before signing off"; theDes2[0]="In probably the last pre-poll bonanza, the government may cut diesel price by Rs 2 a litre in a day-or-two but there would be no reduction in petrol prices."; theBnewsid2[0]="https://web.archive.org/web/20090225125257/http://www.ddinews.gov.in/Business/Business+-+Headlines/diesel.htm"; theBdate2[0]="2/25/2009 2:40:44 PM"; theBtitle2[1]="PE funds confident on India growth; corp governance a concern"; theDes2[1]="Private equity investors remain confident about the long term growth prospects of the Indian firms, even as most are concerned about transparency and other corporate governance issues in the country, a latest Deloitte survey says."; theBnewsid2[1]="https://web.archive.org/web/20090225125257/http://www.ddinews.gov.in/Business/Business+-+Headlines/money.htm"; theBdate2[1]="2/25/2009 10:49:05 AM"; theBtitle2[2]="Oil prices mixed in Asian trade"; theDes2[2]="Oil prices were mixed in Asian trade on Wednesday as the market searched for signs of demand in a weakening global economy, analysts said."; theBnewsid2[2]="https://web.archive.org/web/20090225125257/http://www.ddinews.gov.in/Business/Business+-+Headlines/cvbxc.htm"; theBdate2[2]="2/25/2009 9:38:08 AM"; theBtitle2[3]="Satyam's investor likely in three weeks"; theDes2[3]="Satyam Computer Services is likely to complete bidding process to rope in a strategic investor in the next three 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theBnewsid2[5]="https://web.archive.org/web/20090225125257/http://www.ddinews.gov.in/Business/Business+-+Other+Stories/ags.htm"; theBdate2[5]="PM"; theBtitle2[6]="Chidambaram hopeful of upturn in Indian economy by Oct"; theDes2[6]="Complimenting the resilience displayed by Indian industry in dealing with the slowdown, Home Minister P Chidamabaram on Tuesday said the country's economy is likely to find an upturn by October this year."; theBnewsid2[6]="https://web.archive.org/web/20090225125257/http://www.ddinews.gov.in/Business/Business+-+Other+Stories/SQW.htm"; theBdate2[6]="2/25/2009 4:28:37 PM"; theBtitle2[7]="Markets all across the globe fall; Wall street tumble to 12 years low"; theDes2[7]="Wall Street indexes plunged to their lowest close in nearly 12 years on investor disappointment with the latest plan from Washington to prop up the ailing US banking system."; 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