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30 March 2011

March 30, 2011, Economic and Political News - Angel Broking

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Economic and Political News
􀂄 Assocham lowers FY2011 GDP growth estimate to 8.7%
􀂄 Government may lift wheat export ban in April 2011
􀂄 Service tax on rail freight deferred by three months to July 1
􀂄 Textiles sector gets additional `7,400cr for modernisation

Corporate News
􀂄 Leela to invest `100cr to upgrade Goa property
􀂄 Tata Motors to invest 50mn pounds on UK's R&D base
􀂄 TCS to concentrate more on the European market
􀂄 Uflex to invest `381cr in polyester films project
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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