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I-T Dept slaps Rs 29k cr tax demand notice on Cairn Energy

2016-03-15 22:43:20| Oil & Gas - Topix.net

Cairn, against whom the I-T Department had on January 22, 2014 issued a draft assessment order of Rs 10,247 crore on alleged capital gains it made in a 2006 reorganisation of its India business, was last month issued a final assessment order. "The assessment order is in the amount of Rs 10,247 crore plus interest back dated to 2007 totalling Rs 18,800 crore and any recovery by the Indian authorities would be limited to such assets," it said.

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Static VAR Compensator to Augment Efficiency, Peak Demand Reduction

2016-03-15 16:00:00| Transmission & Distribution World

Gridco Systems has launched the Static VAR Compensator product line with the introduction of the SVC-20 model, a low-voltage boosting device. read more

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With eye on demand, continue to drive pork value

2016-03-14 21:55:00| National Hog Farmer

Real per capita expenditures for pork, a metric used to represent the state of consumer-level pork demand, was down 5% from one year ago but still 13.5% larger than the 2011-15 average for January. read more

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Staff demand ANU finish divestment from fossil fuels

2016-03-14 20:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Hundreds of academics and other staff at the Australian National University have called on the university to divest completely from fossil fuels, in an open letter addressed to the ANU council. In 2014, under the previous vice chancellor, ANU divested from seven resource companies, selling about $16m worth of shares. The move attracted a torrent of criticism in editorials in the Australian financial press, and even the countrys treasurer at the time, Joe Hockey, weighed in, describing ANU as...

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OceanServer Sees Strong Demand for Iver3 AUV

2016-03-14 13:58:00| Naval Technology

OceanServer Technology announced today that it has received eight new Iver3 AUV orders for delivery to a variety of survey, research, military and water quality organisations.

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