Trade tiff with Japan

New Delhi, July 1: Differences cropped up last week in talks between India and Japan on a free trade agreement. India demanded extra safeguards for its industry while Tokyo opposed such concessions. Officials from the two countries had met here to discuss trade, investment in the Comprehensive Economic Partnership Agreement and safeguards against exploitation of the agreement by third countries. Japanese trade minister Akira Amari will visit India tomorrow.

GMR Infra

Mumbai, July 1: GMR Infrastructure has registered a 16 per cent jump in net profit at Rs 242 crore for 2006-07 compared with Rs 208 crore in the previous year. The Bangalorebased company’s gross revenue from operations was up 85 per cent to Rs 1,969 crore from Rs 1,062 crore a year ago.

Farm act

New Delhi, July 1: Ficci has asked the government to modify the Agricultural Produce Marketing Committee (Development and Regulation) Act 2003 to facilitate better marketing of agricultural products.

Core sector

New Delhi, July 1: The government is considering utilising World Bank funds to set up a dedicated cell in all ministries related to infrastructure to expedite projects planned under the public-private partnership mode in the priority sector.

Capgemini

New Delhi, July 1: Capgemini, the European software and consultancy services company in which Infosys Technologies is reported to be interested, today discounted the issue as “rumour and market speculation”.