As honest taxpayers get harassed…

By now everyone has heard of one Hassan Ali Khan of Pune and the dailies are full of news covering various aspects of the scandal, some unbelievable and some shocking. The most shocking to me was the statement: “The Income Tax Dept. in Mumbai says he has not filed any tax returns for the last seven years”. Just consider this. An honest ‘marginalised’ taxpayer who stands in a queue to submit...

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On a Slippery Path

Is the worst over for Indian Oil?

Among stocks that are showing some relative strength on a three-month rolling basis is Indian Oil Corporation, one of the largest Indian companies with an expected turnover of over Rs21,000 crore for 2006-07. IOC, along with its subsidiaries Chennai Petroleum, Bongaigaon Refinery and IBP, is the dominant player in India's petroleum sector operating 10 of...

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Network Value

A profitable gas network in the largest gas consuming state

GSPL, a group company of Gujarat State Petroleum Corporation, is a pioneer in developing energy transportation infrastructure and connecting natural gas supply basins and LNG terminals to growing markets. GSPL is the first pipeline company operating on an open-access basis and is a pure transmission network with systematic and...

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