The Telegraph - Calcutta : Business

| Monday, June 28, 2004 |

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IOC eyes Thai assets of Kuwait Petroleum

Indian Oil Corporation (IOC) has decided to invest heavily in acquisitions it needs to get a foothold in Thailand. Sources say it is in talks to snap up Kuwait Petroleum’s marketing assets in the country — also on Hindustan Petroleum Corporation ... | Read..

Fast forward on pipeline

Indian Oil Corporation (IOC) is gearing up to complete the Rs 1,200-crore Paradip-Haldia oil pipeline and offshore singl ... | Read..

Centre weighs social development cess for firms

The government is considering a proposal to slap a 5-7 per cent social development cess on India Inc in the Union budget nex ... | Read..

Shippers want tide turned with tax cut

The shipping ministry wants finance minister P. Chidambaram to slash the corporate tax on shipping to global levels in o ... | Read..

Russian tea major brews fresh import options

Orimi Tea Trade, the largest Russian tea importer, is in India to explore the possibilities of picking up substantial vo ... | Read..

Indian Oil Corporation has decided to invest heavily in acquisitions it needs to get a foothold in Thailand. Sources say it is in talks to snap up Kuw ... | Read

Leela chief makes room for change
“India is a bargain,” says Peter J. Leitgeb, the new president at The Leela Palaces and Resorts.. | Read..

Qualcomm roots for spectrum hike
Qualcomm, the US-based pioneer of the code division multiple access (CDMA) technology for mobil.. | Read..

Foreign investors still upbeat on India story

Foreign investors are bullish on India — drawn to the country because of its market size, skill.. | Read..

More time for trusts to change audit code

The Institute of Chartered Accountants of India (ICAI) has deferred by three years the applica.. | Read..

Bike users eye low-priced cars

Around 20 per cent of the new motorcycle-owners plans to upgrade to cars within the next three .. | Read..

LG charts growth plans with Care

LG is eyeing the second slot in the FMCG (fast moving consumer goods) market and has set a turn.. | Read..

Respite for Microsoft from EU sanctions

The European Commission has temporarily suspended an order demanding that Microsoft change the way .. | Read..

New rules to cap bank woes

International banking regulators have released details of controversial and tough new rules for th.. | Read..

AROUND THE GLOBE

Kenneth Lay takes the blame for Enron

Former Enron chairman and chief executive Ken Lay took responsibility for the energy company’s spec.. | Read..

CORPORATE BRIEFS

Maq Soft to hire more

PERSONAL FINANCE

The loan-rate dilemma

Get a loan and a group life cover

Loose Change

Q & A: Rolling gains

EPFO to meet on June 30