Madras Export Processing Zone News Today

The Madras High Court on Thursday dismissed a petition filed by IT major Infosys Limited, challenging an order passed by state-run discom TANGEDCO, demanding the company to pay over Rs six crore as shortfall amount.

The Madras High Court dismissed Infosys Limited's petition challenging TANGEDCO's demand for over Rs 6 crore as a shortfall amount. Infosys contested the order to charge commercial tariffs, arguing for industrial rates. The ruling highlighted Infosys's service providers operating commercially within its premises.

Nashik: Onion export from the Nashik district has gained momentum despite 40% duty on onion export.

India Business News: The Madras Export Processing Zone (MEPZ) at Tambaram was the third SEZ to be established in India, in 1984.

India’s vice-president calls upon exporters to explore newer markets Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

India’s special economic zones (SEZs) offer tax and other incentives to resident businesses. Learn about the advantages of setting up in Indian SEZs.