4:09 PM (TUE): Satyam Computers Services asks for its SEZ denotification

Mumbai, May, 24 (EPC News): Satyam Computers Service Ltd (SCSL) approached the government, seeking de-notification of its special economic zone area at Vishakhapatnam. Transfer of the said land to Indian Navy made the company to adopt such a move. The request for de-notification of the SCSL will be placed before the Board of Approval (BoA), scheduled to meet on May 31. The IT/ITeS SEZ which was notified on June1, 07 over an area of 20 hectares. The proposed land was transferred by Andhra Pradesh government to Navy for establishing a Wireless Experimental Unit. Decision regarding the de-notification of land will be finalized by Board of Approval headed by Commerce Secretary Rahul Khullar.

EPC News Bureau