The Hindu Business Line : Sunday, September 11, 2005

Australian, Kiwi buyers show interest in engineering goods
INDIAN companies have generated business enquiries worth $1 million during meetings with buyers from Australia and New Zealand. Talking to Business Line on the outcome of the Engineering Export Promotion Council (EEPC) team's recent visit ... More

PETROLEUM

GAIL board to approve Rs 9,750-cr investments in Kerala projects
THE board of directors of GAIL (India) Ltd is to approve the company's investments in Kerala aggregating Rs 9,750 crore in four projects, which are expected to take off next year. All these downstream projects of LNG are to become operational ... More

ONGC tenders: Old contractors make a comeback
ONGC feels that the return of some of its erstwhile EPC contractors from the 80s is like return of the prodigal. Though the oil and gas major is not quite slaughtering the fattened lamb in celebration, it is happy that a lay-off of over two ... More

BPCL eyeing oil bonds to register profit
AFTER registering an Rs 431-crore loss in the first quarter, BPCL is now looking at oil bonds to book a profit in the second quarter. The company, however, is still not clear about its share of the bonds. Informed sources told Business ... More

BPCL to go ahead with Bina refinery project on its own
BHARAT Petroleum Corporation Ltd (BPCL) is expecting financial closure of Bina refinery, taken up through its subsidiary Bharat Oman Refineries Ltd, in October 2005. The company has decided to go ahead with the project on its own and add foreign ... More

BPCL to import light crude from Azerbaijan
BHARAT Petroleum Corporation Ltd (BPCL) has finalised the import of Azeri light crude from the Caspian Sea region in Azerbaijan from the oil major British Petroleum. About 6-lakh barrels of crude oil will be transported from Azerbaijan ... More

ONGC, NGRI pact to enhance oil recovery
OIL and Natural Gas Corporation Ltd has joined hands with National Geophysical Research Institute (NGRI), Hyderabad, and the Norwegian University of Science and Technology (NTNU), Trodheim, Norway, to carry out collaborative work to improve ... More

POWER

Kalpakkam FBR project may be completed ahead of schedule
THE 500-MW commercial atomic power project, being developed by the Indira Gandhi Centre for Atomic Research (IGCAR) using the fast breeder reactor (FBR) technology, is likely to be completed at least a year ahead of the scheduled time (of seven ... More

REAL ESTATE & CONSTRUCTION

REALTY CHECK — A BUSINESS LINE FEATURE

The buzz is for `real'
Chennai's real estate is revving up this year both in the commercial and residential segments. The entry of international players adds to the excitement, says Nina Varghese. More

Know the ground rules
Accounting for real estate depends upon the purpose of acquisition, explains M.V. Kali Prasad. More

IT makes a difference
With several concessions on offer for IT parks, the value of industrial land is on the rise, says C.H. Gopinatha Rao. More

THE `REAL' MCCOY
Tell it all to the taxman
What are the checks for under-declaration in the sale of immovable properties? Kritika Balasubramaniam, Chennai Earlier, the income-tax department made pre-emptive purchases to foil tax evasion in the case of properties ... More

TITLE FEED
You can choke on opportunity
Do you dislike your job, distrust your boss, dread each day, and fear you might lose the job you can't stand? I know you're nodding non-stop but this bunch of questions leaps up from the intro in The Insider's Guide to Making Money in Real ... More

FOREIGN DIRECT INVESTMENT

States with higher GDP attracting FDI: Assocham
FOREIGN investors prefer to go to States that have a robust gross domestic product (GDP) income and a larger number of higher educational institutes, finds an Associated Chambers of Commerce and Industry of India (Assocham) Eco Pulse Study. ... More

EVENTS

PHDCCI, Delhi Govt tie-up for energy conservation
THE Chief Minister of Delhi, Ms Sheila Dikshit, has said that water from the Sonia Vihar Water Treatment Plant would start flowing from December 2005. Stating this at the PHD Chamber of Commerce and Industry (PHDCCI) Centenary Partnership ... More

INCOME TAX

The legal challenge to FBT
"The levying of FBT amounts to double taxation as already the new Chapter does not allow the FBT tax as a deductible expenditure," states the petition. More

FICCI moots steps to simplify norms for large tax-payers
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has called for establishing large taxpayer units (LTUs) and taking immediate steps to ensure simplification of the tax environment for large taxpayers. It has also suggested ... More

EXPORTS & IMPORTS

Wood from Kochi strums the best
IF Mr M. Gopalakrishan sets out to discover who all are the end-users of his exports, he may well bump into the Stings and Eric Claptons and the Mark Knopflers of the musical world, strumming their guitars. It's because legendary guitar makers ... More

STANDARDS & BENCHMARKS

Tea Board concerned over `bad' quality teas
THE Tea Board has expressed concern over "bad" quality teas on offer in South India. Addressing the 23rd Annual General Meeting of the Tea Trade Association of Coimbatore, Tea Board's Executive Director (South India), Mr. R. D. Nazeem, said the ... More

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