Log In

Company : Commerce One India  
Thursday, February 28, 2002 4:33PM IST (11:03AM GMT)
Reactions to the Union Budget 2002 by Commerce One-India distributor operations
New Delhi, Delhi, India

Vivek Agarwal, CEO of Commerce One-India distributor operations says: "The Budget speech of the Finance Minister Mr Yashwant Sinha is progressive and clearly geared to propel second-generation reforms. Increase in the infrastructure spend will lend buoyancy to the economy. This will propel companies to use online solutions.

"Specifically for the B2B Industry, the dismantling of the administered price mechanism is a welcome step. The large volumes of transactions would necessitate and encourage oil and gas and energy companies to trade online. One of our clients Gujarat State Fuel Management Company GSFMC has already begun that process."

Media Contact Details
Meenakshi Sharma, IPAN, +91 (011) 332 6200, meenakshi@ipan.com
Submit your press release
More News from Commerce One India

11/09/2002 2:50PM

GTWA Changes Name to Open Network for Commerce Exchange

The Global Trading Web Association (GTWA), the world's largest independent non-profit membership organization of electronic marketplaces, today announced at their Annual Business Conference that its membership approved ...

10/04/2002 2:00PM

Commerce One 5.0 Delivers Complete Source-to-Pay Solutions on New Business Process Management Platform

Commerce One (Nasdaq: CMRC), the Business Internet Company, has announced the release of Commerce One 5.0™, a new suite of collaborative sourcing and procurement solutions built on Commerce One's unique collaborative ...

08/03/2002 11:30AM

Commerce One India Delivers ROI to Indian Customers for Freight and Logistics Services

Commerce One India Distributor Operations has achieved unprecedented Return on Investment for leading Indian companies in the Logistics, Freight and Transport service contracts. These bottom line savings were delivered ...

Similar News

16/11/2018 5:05PM

Global FinTech Innovation Summit Money 20/20 Lauched in China, Smart Finance Group Joined the Conference

The leading global FinTech event, Money 20/20 is held in Hangzhou, China, during November 14-16. It is its first time entering the China market after it was successfully held in the USA, Europe and Asia. Smart Finance ...

No Image

16/11/2018 4:02PM

Alipay Teams with NUS Enterprise to Launch Social Innovation Challenge

Alipay, the world’s largest mobile and online payment platform operated by Ant Financial Services Group (“Ant Financial”), and NUS Enterprise, the entrepreneurial arm of the National University of ...