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Infy to reduce sub-contractors, perform work in-house

Infosys plans to reduce the usage of sub-contractors and do its work in-house, especially at cheaper offshore locations, the IT company"s Chief Mentor N R Narayana Murthy said today.

Singur land not 'formally' sought: Industry minister

The West Bengal government had not sought return of the land at Singur from Tata Motors ‘formally’, said West Bengal commerce and industry minister Nirupam Sen, a day after Ratan Tata said the government had not approached for the land. Speaking on the sidelines of a seminar organized by Assocham in association with the Bengal Chamber of Commerce & Industry and Merchants’ Chamber of Commerce, Sen said, though the government had not formally asked for the land, the company had been informed about the Bhel proposal and later the Railways proposal. Sen said, unless the Railways submitted a formal proposal, the government would not ask for the land back. With Sen’s comments, it appears that Singur was once again in limbo, as Railways has made it clear that it would not visit the land as it belonged to Tata Motors.

Nissan-Ashok Leyland LCV plant deferred

Hinduja Group firm Ashok Leyland on Wednesday said that construction of its proposed facility to make light commercial vehicles (LCVs) in partnership with Japan"s Nissan had been deferred due to sluggish market conditions.