IOC, ONGC training venture hits roadblock on double taxation
IndianOil and the Oil and Natural Gas Corporation have been compelled to put on hold their plans for an unincorporated joint venture to render training and consultancy services.

Centre likely to make statutory changes to expedite inter-state expressways
The government plans to review the Constitution relating to inter-state expressway projects. The exercise would help expedite completion of such projects and bring in required resources from multilateral financial agencies in the cash-starved sector.

NTPC issues disconnection notices to Bihar, Bengal on payment default
National Thermal Power Corporation on Thursday said that it had issued disconnection notices to Bihar and West Bengal for failing to clear their dues which have mounted to Rs 3,397 crore.


  Improved prospects likely to help steel sector meet debt obligations -- Crisil
  New pact with UK permits Air India to increase flights on trans-Atlantic routes
  World Energy Council for positive approach to power reforms
  Comprehensive power reforms bill on the anvil
  HZL to exit from lead manufacturing activities
  Ananth Kumar assumes charge of tourism ministry
  BYL's first flat wagon consignment
  Hudco releases fund for Bengal
  UP govt's assurance to powermen on implementation of wage agreement