Tax Tangle

Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012. REUTERS/Vivek Prakash/Files

Infosys to challenge new tax demand

Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees income tax demand raised by Indian authorities earlier this month.  Full Article 

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Tokyo's Nikkei share average opens down 1.38 pct

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A man looks at a stock quotation board outside a brokerage in Tokyo November 2, 2009. REUTERS/Toru Hanai/Files

A man looks at a stock quotation board outside a brokerage in Tokyo November 2, 2009.

Credit: Reuters/Toru Hanai/Files

TOKYO | Tue Feb 5, 2013 5:31am IST

TOKYO (Reuters) - Japan's benchmark Nikkei average opened down 1.38 percent at 11,105.24 on Tuesday, while the broader Topix shed 1.17 percent to 944.58.

(Reporting by Tokyo markets team)
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