more-inThe Indian arm of French firm Saint-Gobain is working to get back to ‘near-normal’ soon, following the impact of the recent ransomware attack that affected corporates worldwide, according to a top official. “We did not halt our production or distribution,” said B. Santhanam, president and MD, flat glass — South Asia, Egypt and Malaysia, Saint-Gobain. We will be back to near normal soon,” he said.”The firm, he added, was bracing for the new tax regime in India. The company stopped invoicing for 12 hours from Friday noon to make a seamless transition to GST. Mr. Santhanam said GST would usher in competitive advantage for the firm that was facing competition from unscrupulous traders on imports.

Source: The Hindu June 30, 2017 16:07 UTC