The Hindu Business Line : Sunday, December 18, 2005

Govt announces revival package for HEC — To waive non-Plan loan of Rs 1,101 cr
THE Government has decided to revive the Ranchi-based loss-making public sector unit, Heavy Engineering Corporation and announced a package including waiver of non-plan loans and its interest amounting to Rs 1,101 crore. The package will ... More

PETROLEUM

Coal gasification projects — ONGC may rope in Shell as joint venture partner
Oil and Natural Gas Corporation Ltd may rope in Royal Dutch Shell as a 50:50 joint venture partner for taking up surface coal gasification projects. The companies will enter into a memorandum of agreement on January 17. ONGC has proposed a ... More

India, Pak see no stumbling block in executing gas pipeline project — Confident of finalising project structure by April '06
INTERNATIONAL pressure and negative feedback from the US notwithstanding, India and Pakistan today inched a step closer on working out Iran-Pakistan-India gas pipeline project's commercial and technical structure. At the end of the third joint ... More

COAL

Coal seminar to discuss new supply sources
COALJUNCTION, a division of Metaljunction Services Ltd (MSL), will organise a three-day international conference named `India Coal Conference 2006,' in association with the Informa Group, the world's largest conference organiser. Being ... More

REAL ESTATE & CONSTRUCTION

SC order raises revival hopes: NTC
THE Supreme Court's interim order staying the October 17 order of the Bombay High Court and permitting the developers, who bought the five National Textile Corporation mills in Mumbai, to submit their development plans to the authorities ... More

WTO

WTO decision may TRIP generic drug cos
TWO years ago, domestic drug companies had heaved a sigh of relief when the World Trade Organisation's (WTO) executive body delayed a contentious decision on the export of medicines to countries with inadequate manufacturing capacity. The ... More

INCOME TAX

Annual info reports helping to track high value transactions: CBDT chief
THE Annual Information Reports (AIRs) filed by assessees are turning out to be an invaluable source of information for tracking down high value transactions that have so far fallen outside the tax net, Mr M. S. Darda, Chairman, Central Board of ... More

TOURISM

US edges out UK to top tourist arrivals
THE US has become the largest tourist market for India, pushing down the UK that has been the leader for the past many years. During 2004, tourist arrivals from the US stood at 5.20 lakh, which accounted for 15.5 per cent of the 33.67 lakh ... More

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