HCL TO COUNTER INFOSYS' BID FOR UK FIRM AXON

India Inc’s biggest overseas acquisition in the software space might just grow bigger as HCL Technologies is learnt to be offering 15% over and above Infosys’ bid for the UK-based SAP consultant Axon.

The Economic Times

Hardware, software makers may soon be able to invest in SEZs

Electronics hardware and software Companies may soon be cleared to invest in special economic zones and integrated townships. Plans to build integrated townships of up to 40 sq km in area would keep the cost-competitiveness of the IT sector going even after the tax breaks offered the Software Technology Parks of India (STPI) scheme come to an end in 2009.

The Financial Express
http://www.financialexpress.com/news/
Hardware-software-makers-may-soon-be-able-to-invest-in-SEZs/258510/