US courts to finalise fate of Enron's Indian assets
FOLLOWING the expiry of the deadline for BG to acquire Enron's oil and gas offshore assets in the country, the fate of Enron's interests in these assets lands in the lap of the bankruptcy courts in the US where Enron has filed for Chapter 11.

ONGC back in fray for operatorship
ONGC has once again staked claim for operatorship of the joint venture offshore fields, according to a top ONGC official.

`Govt yet to decide on FDI cap in aviation'
THE Government is yet to take a final decision on the level to which foreign direct investment (FDI) will be allowed in the domestic civil aviation sector, the Minister for Civil Aviation, Mr Syed Shahnawaz Hussain, has said.

User charges for power on cards
THE Union Government is drawing up a package for strict implementation of payment of user charges for power in a renewed bid to put the core infrastructure sector back on the rails.

The going gets tough for ad industry
IT's been a terrible fourth quarter in an extremely tough year for the advertising industry. The Rs 8,500-crore industry is expected to register negative growth rates, especially in the last three months of 2001.

Withholding tax on ECBs may go
THE Finance Ministry is set to review the decision taken in this year's Budget to introduce the withholding tax on interest on external commercial borrowings (ECBs).

Feasibility report on Navi Mumbai airport submitted
THE Maharashtra Chief Minister, Mr Vilas Rao Deshmukh, today presented the techno-economic feasibility report on the proposed airport at Navi Mumbai to the Civil Aviation Minister, Mr Syed Shahnawaz Hussain.

Project Symphony: ITC team inspired by Beethoven
WHAT has Beethoven's 5th Symphony got to do with ITC International Business Division (ITC-IBD)?

Gesco cargo ship released
BRITISH anti-terrorist forces have released M.V. Nisha, the cargo ship owned by the London-based subsidiary of Great Eastern Shipping Company Ltd, the company's spokesperson confirmed today.

Chale Chalo
Aamir Khan greets his partner after scoring a run in Lagaan-XI's match against Britannia-XI played at the Brabourne Stadium in Mumbai on Tuesday.

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