It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
The government on Saturday said it will earn an additional Rs 40,000 crore (Rs 400 billion) from the hike in excise and restoration of duties on petroleum products, while it will lose Rs 21,000 crore (Rs 210 billion) due to income tax sops.
Apollo Tyres on Thursday said it is looking at laying off about 1,500 of its workforce.
The NYSE-listed Satyam Computer Services on Tuesday said the company has the potential to grow from its current employee strength of 20,000 to 50,000 in a few years.