Microsoft Xbox Prices may remain firm despite lower sales

Japan: The prices of Microsoft Xbox 360 may remain the same in Japan. Microsoft’s subsidiary in Japan has ruled out any price cuts for the video game consoles in near future. The sales of Xbox have been lower, but the company expects things to change with upcoming launch of Halo 3 this month.

Takashi Sensui, Chief of the home and entertainment division at Microsoft informed that the prices may remain firm in near future despite low response in Japanese markets.

Exporters get relief from Service Taxes

The finance ministry has announced exemption for exporters from services taxes by ports, railways and road transport. Many exporters have been hit badly due to recent downtrend in US dollar. The rupee value has appreciated recently and has hit the net profits of many companies.

The statement issued by Finance Ministry said, "Government has issued a notification providing refund of service tax paid by exporters on four taxable services, which are not in the nature of input services but could be linked to export goods."

India's foreign debt higher by 23 per cent

Major Set-back for Microsoft in EU Antitrust Case

Students told to vacate hostel by Aligarh University Officials

Management Student ends in Mental Hospital after Ragging

Sanjay Pal Singh ended in mental hospital after ragging by few seniors. Sanjay recently got admission to MCA course at a private management institute in Lucknow.

As per the reports, Sanjay got admission at Sahara Arts and Management Academy. He was allegedly ragged by students from Lucknow University who were his seniors and were living in the same hostel.

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