Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

generic cialis
Chetan Bhagat is lying, says director of 3 Idiots
The raging controversy over the credit for the story in 3 Idiots escalated today with director Rajkumar Hirani accusing author Chetan Bhagat of “lying” despite agreeing to several conditions including a rolling credit in a contract.

Citi's Havens earned $9 mn last year: WSJ
Financial services major Citigroup Inc"s chief of investment banking John Havens received over $9 million in compensation last year, making him the highest paid employee in the firm, a media report said.

News of the day

Bankers will remain bankers
We are always better analysts with a 20/20 hindsight. Indeed, an ex post reading about events leading up to a crisis appears logical, and often leaves one with the question about why the evolution of the crisis could not be seen and corrected in time. Still, policy-makers know that such a review and understanding are important to learning from mistakes. Restoring Financial Stability (Wiley) acts as a catalyst to that understanding by offering a comprehensive sequencing of the causes and progression of the build-up of the financial strains that, following the Lehman bust in September 2008, evolved into a full-blown global financial crisis. It is a collection of thematic essays by the faculty of the Stern School of Business at New York University.
Online Business

PPT gets customs nod to transport furnace oil

The authorities of Paradeep Port Trust (PPT) have finally transported 175 tonnes of furnace oil evacuated from Black Rose, the sunken vessel to Kolkata and Ranchi through lorries after getting the clearance from the Customs officials. - Stir against PPT set to intensify - PPT files case against owners of sunken vessel - Sea Trans moves London court against owner of sunken vessel - MoEF asks state to initiate legal action against PPT - Sand exports from Paradeep raises concern - Work starts to check oil spill from sunken vessel The Commissioner of Customs issued a directive to the deputy commissioner (customs), Paradeep on Saturday to give immediate clearance for the transport of furnace oil after realizing that it is an emergency work. K Raghuramaiah, chairman, PPT admitted that the Customs officials have already given permission to transport the furnace oil and said the removal of oil from the sunken vessel has started again smoothly on Sunday. It may be noted that the oil discharge operations were stalled by the Customs officials who did not allow the oil tankers of PPT loaded with the furnace oils to be transported to Kolkata and Ranchi. The PPT authorities’ attempt to transport the evacuated furnace oil to Kolkata and Ranchi without depositing the cost towards Custom duty and obtaining the clearance certificate from the Customs department had led to this stalemate. M Anasari, deputy commissioner (customs), Paradeep intervened in the matter and directed the PPT authorities not to remove oil from the sunken vessel. As a result, the oil discharge operations from the sunken vessel was affected and not a single drop of oil was evacuated on Saturday. Sources said Resolve Marine Group, the US-based firm which was awarded the contract by PPT for the evacuation of furnace oil from the sunken vessel had pumped out 175 tonnes of oil. A core group of this firm consisting of the salvage master, salvage engineer, safety engineer and under water divers has removed oil from sunken vessel. Similarly, one Chennai based ship tanker with a capacity of 300 tonnes was pressed into service to remove the oil from vessel.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009