Actual for You - Business

Data Entry Services Are The Core of Any Business
Data entry is the core of any business and though it may appear to be easy to manage and handle, this involves many processes that need to be dealt systematically. Huge changes have taken place in the field of data entry and due to this handling the work has become much easier then before. So if you want to make use of the best data entry services to maintain the data and other information about your company, you must be ready to spend money for this. It is in no way an attempt to say that data entry services are costly, but just to say that good services will not come that cheap either. You just need to decide if you will hire professionals to do this work in house or if you would like to hire the services from an outside firm. The business is your and you are the best person to decide what is suitable for your business.Doing the data entry of any business in house can be advantageous and disadvantageous as well. The main advantage can be in the form that you can keep an eye on the work being done to maintain proper records of all aspects of your company. This can prove to be a bit costly to you as you will have to hire the services of a data entry operator. The employee will be on rolls and thus will be entitled to all the benefits like allowances and other bonuses.

Raxaul Amlekhganj Product Pipeline: A 0.7 MMTPA capacity, 8” diameter and 35 km long Indo-Nepal cross border product pipeline is being laid at a cost of Rs.33 crore in order to ease congestion on the border. A MOU has been signed to this effect between IOCL and NOC, Nepal Oil Corporation on 9.9.2004. DFR for this pipeline is under preparation.

PMC services for Crude oil Pipeline from Chennai Port Trust to CPCL: IOCL is providing Project Management & Consultancy (PMC) services to M/s Chennai Petroleum Corporation Ltd. (CPCL) for its 42” diameter, 16.5 km long crude oil pipeline from Chennai Port Trust Jetty to its Manali refinery. IOCL is to get PMC charges of Rs.1.7 crore for the project costing Rs.51.5 crore.

PMC services for CPCL – CBR jetty to Nagapattinam Refinery black oil pipeline: IOCL is providing PMC services to CPCL for laying an 18” diameter, 8 km long black oil pipeline from CBR jetty to CPCL. As PMC charges for the 15 crore project, IOCL will get 5.5% of actual project cost.

Bids Submission / Acceptance: As a new player, IOCL learnt valuable lessons about bidding to get jobs for pipeline laying. Its bids were accepted and considered during the job award process for many projects. Some of these bidding initiatives are as follows.

* Implementation of Mora – Talasari Gas pipeline project of M/s GSPL.

* Engineering & PMC services for Mundra – Delhi product pipeline of M/s HPCL.

* Implementation of Mora-Sajod Gas pipeline project of M/s GSPL.

* Engineering & PMC services for derating of HPCL’s Mumbai-Pune pipeline (Trombay – Vashi section) and its extension to Pakni of M/s. HPCL.

* Supply of R-LNG to Karnataka Power Corporation Ltd at Bidadi / Yelahanka.

* Supply of R-LNG to NTPC power plant at Kayamkulam (Kerala).

* Basic Engineering and Front End Design & Development for Sohar Pipeline Project of M/s. Oman Refinery Company, Oman.

* Imp

Accounting In Manufacturing And Trading Concerns
A motor car manufacturer, for instance, buys steel, rubber, aluminium, plastic, etc, that is used to manufacture motor vehicles that are sold to dealers (the trading concern). These dealers, in turn, sell vehicles to the customer.From an accounting point of view the activities of manufacturing and trading enterprises are very similar, especially their administration, sales and financing activities. Therefore, the accounting principles and most of the procedures can be applied to both manufacturing and trading concerns. The main difference between the two is their method of cost accumulation and cost determination for (1) inventory valuation and (2) the calculation of the cost of goods sold. The difference arises from the fact that trading enterprises buy completed goods, while manufacturers make the goods sold by dealers.The 'accounting cost of goods manufactured' item in the manufacturing enterprise therefore corresponds to the 'accounting cost of good purchased' item in the trading enterprise. In both cases these amounts represent the cost of finished goods available for sale. The trading enterprise, having purchased its goods in a 'finished' form, experiences little difficulty in determining their cost. The manufacturing enterprise, on the other hand, h

OIL PROJECTS COMMISSIONED IN INDIA

1. Mathura – Tundla Pipeline: The 1.2. MMTPA capacity, 16” diameter, 56 km long pipeline was completed during Feb’03 at a cost of Rs.45 crore for supplying product in environmentally sensitive Taj trapezium zone.

2. Replacement of Barauni – Patna Section of BKPL: Laying of 1.7 MMTPA capacity, 20” diameter, 110 km long pipeline was completed during March ’03 at a cost of Rs.85.50 crore as a replacement of corrosion prone old Barauni – Patna Section of BKPL.

3. Koyali-Navagam Pipeline: The 1.8 MMTPA capacity, 14” diameter, 78 km long Koyali Navagam pipeline was commissioned in March ’03 at a cost of Rs. 19.5 crore. Originally a part of Kalol Navagam – Koyali crude oil pipeline, taken on lease from ONGCL and refurbished for use as a product pipeline.

4. Viramgam-Koyali Crude Oil Pipeline: The 12 MMTPA capacity, 28” diameter, 148 Km long pipeline was completed in August ’03 at a cost of Rs. 134.00 crore to fulfill enhanced crude oil demand of Koyali Refinery.

5. Koyali – Viramgam – Sidhpur Product Pipeline: The 4.1 MMTPA capacity, 18” diameter, 245 km long pipeline was commissioned in Oct’03 at a cost of Rs. 62.50 crore. (103 km was laid new, whereas balance is an old crude oil pipeline converted for use in product service).

6. Kurukshetra – Roorkee – Najibabad Product Pipeline: The 0.9 MMTPA capacity, 10” diameter, 107 km long pipeline was completed during Dec’03 at a cost of Rs.43.50 crore to supply product to areas in Western U.P.and Uttaranchal.

7. PanipatRewari Product Pipeline: The 1.6 MMTPA capacity, 12” diameter, 155 km long product pipeline from Panipat to Rewari was completed in Sep’04 at a cost of Rs. 66 crore as a part of Rs 734 crore Panipat Refinery Expansion linked pipelines project.

PIPELINE PROJECTS UNDER IMPLEMENTATION

As a front – runner in petroleum pipeline industry, IOCL was always looking for new growth areas. In order to maintain sustained pipeline growth, many important projects were approved during the period for future implementation. It speaks volumes of the importance IOCL attaches to the growth of pipelines, which imparts, through strategic utility, a decisively competitive edge to the business conglomerate.

Mundra Kandla crude oil pipeline and conversion of Kandla Panipat section of KBPL to crude oil service: The 6 MMTPA capacity, 28” diameter, 73 km long pipeline was approved in January 2002 for implementation at a cost of Rs. 305.60 crore to transport the additional crude oil required for Panipat refinery expansion. Pipeline along with Crude oil handling facilities of M/s Gujarat Adani Port Ltd. is nearly completed.

Sidhpur Sanganer Product Pipeline: The 3.4 MMTPA capacity, 18” diameter, 506 km pipeline was approved in January 2002 for implementation at a cost of Rs. 352.49 crore. Pipeline is ready for commissioning.

Branch Pipeline to Ajmer Project of laying 8” diameter, 21 km Long Branch pipeline from Bagsuri off.

Koyali – Sidhpur – Sanganer Product Pipeline to Ajmer was approved in Jan’03 for implementation at a cost of Rs. 20,92 crore. Mainline laying is in progress. Approved completion of the projects is in January 2005.

Chennai – Trichy – Madurai Product Pipeline The 1.8 MMTPA capacity, 14”/12”/10” diameters, 683 km long pipeline system was approved in July’03 for implementation at a cost of Rs.363.21 crore. As a first step towards spreading the pipeline network in South, in synergy with CPCL refinery at Chennai, this pipeline will supply products to major consumption centers in Tamilnadu. Construction of mainline and station facilities are in full swing. Approved completion of the project is in July 2005.

Branch Pipeline to Chittaurgarh Project laying 12” diameter, 160 Kms long branch pipeline from Lasariya off Koyali – Sidhpur – Sanganer Product Pipeline to Chittaurgarh was approved in Dec’03 for implementation at a cost of Rs. 82.58 crore to supply products to Udaipur and Kota Marketing Depot fed areas. Pre-construction activities are in progress. Approved completion of the projects in February 2006.

Koyali Dahej Product Pipeline The 2.6 MMTPA capacity, 14” diameter, 112 Km long pipeline project was approved for implementation in March’04 at a cost of Rs. 90.50 crore to evacuate product from the land-locked Koyali Refinery through coastal route. Pre-construction activities are in progress. Approved completion of the projects is in March 2006.

Paradip-Haldia Crude oil Pipeline System – The project of laying II MMTPA capacity, 30” diameter, 330 km long crude oil pipeline system along with construction of crude oil handling facilities and a implementation in March 2004 at a cost of Rs.1178 crore. The pipeline will lead to annual savings of approximately Rs.500 crore on crude oil transportation cost to Haldia and Barauni Refineries. Construction of mainline, tank farm and station facilities are in full swing. Approved completion of the project is in March 2006.

Additional tanks (4 x 60000 kL) construction at Mundra: Construction of 4 additional crude oil storage tanks at Mundra has been approved in June 2004 at a cost of Rs. 70.57 crore as part of crude oil blending facilities. Tank foundation works are in progress. Approved completion of the project is in December 2005.

Augmentation of Bongaigaon Siliguri Section of GSPL: Augmentation of Bongaigaon Siliguri section of GSPL to 1.4 MMGPA capacities has been approved in September 2004 at a cost of Rs. 28.61 crore. Approved completion of the project is in March 2006.

Pipelines are also constructing marketing TOPs at Trichy, Sankari, Chittaurgarh and Jasidih, linked to various pipeline. TOPs costing around Rs. 120 crore will have more than 1 lakh kL of product storage capacity.

BUSINESS DEVELOPMENT

Amidst all this, IOCL was quick to identify new areas of emerging opportunities. Efforts were made to make forays into national and inter-national arena through business development. Strategic alliances were entered into with agencies of repute for taking advantage of opportunities related to its core competencies. Despite its relative inexperience in building infrastructure for its potential in managing pipeline projects was well recognized far and wide. Some of these efforts resulted in bagging PMC contracts for other companies. Needless to say the commercially beneficial contracts for other companies. Needless to say the commercially beneficial contracts were bagged and executed on the strength of its abundant in-house talent and expertise gained over the years. It’s a matter of great pride that IOCL’s technical bids were rated as the best in some of the international ventures, even as opportunity to execute the work didn’t due to changed geo-political reasons. Following are the details of some of the projects, which pipeline project team ventured into.

Baroda – Ahmedabad – Kalol Gas Pipeline of M/S Gujarat State Petronet Ltd (GSPL): IOCL put its stamp of excellence in the field of gas transportation on its debut as a 24” diameter, 133 long gas pipeline worth Rs.1987 crore was successfully commissioned in May 2004 by a consortium of IOCL, M/s Stroytransgaz (STG), Russia and M/s Essar constructions Ltd., Mumbai on turnkey basis IOCL earned close Rs.4 crore for residual engineering, vendor selection and final commissioning of the project.

Dadri – Panipat R-LNG Spur line: IOCL seeks to reconfirm its abilities of fully construct and operate a R-LNG pipeline on its own by laying a 6.72 MMSCMD capacity, 30” diameter 141 km long feeder pipeline at a cost of Rs.250 crore to Panipat Refinery from a Tap Off Point through GAIL’s HBJ pipeline at Dadri. The proposal is under active consideration of the Board.

* Implementation of Mora – Talasari Gas pipeline project of M/s GSPL.

* Engineering & PMC services for Mundra – Delhi product pipeline of M/s HPCL.

* Implementation of Mora-Sajod Gas pipeline project of M/s GSPL.

* Engineering & PMC services for derating of HPCL’s Mumbai-Pune pipeline (Trombay – Vashi section) and its extension to Pakni of M/s. HPCL.

* Supply of R-LNG to Karnataka Power Corporation Ltd at Bidadi / Yelahanka.

* Supply of R-LNG to NTPC power plant at Kayamkulam (Kerala).

* Basic Engineering and Front End Design & Development for Sohar Pipeline Project of M/s. Oman Refinery Company, Oman.

* Impl

Medical Billing - GU0 Record Field 62
The endless road that is medical billing and trying to make heads or tails of CMNs, is enough to drive even the most sane of us totally out of our minds. It seems that there is a CMN for every possible item. Some CMNs are fairly simple to understand and then there are those, like the DMEPOS CMN, or as is known in electronic billing circles as the GU0 record, that are about as convoluted and confusing as they come. This is now our tenth installment on the GU0 record with no end in site. It's no wonder medical billers are frustrated. We pick up our review of the GU0 record with field number 62.GU0 field 62, positions 266 - 269, is Reply NUM L04 N01. This field is the reply to the first question on any DMERC certification requiring a four position numeric response. The following forms are supported for this field. For forms 02 and 09, the valid responses are 0001 - 0024. For forms 03, 08 and 10, the valid responses are 0000 - 9999. For form 04, the valid responses are 0001 - 0099. For form 06, the valid responses are 0001 - 0099. However, these responses are only valid if field GU0-27 is filled with N or D. Forms 01 and 05 are reserved for future use.Further clarification is needed for these values. For form 02, this is the number of hours in the day t

areas. In order to maintain sustained pipeline growth, many important projects were approved during the period for future implementation. It speaks volumes of the importance IOCL attaches to the growth of pipelines, which imparts, through strategic utility, a decisively competitive edge to the business conglomerate.

Branch Pipeline to Ajmer Project of laying 8” diameter, 21 km Long Branch pipeline from Bagsuri off.

BUSINESS DEVELOPMENT

* Implementation of Mora – Talasari Gas pipeline project of M/s GSPL.

* Engineering & PMC services for Mundra – Delhi product pipeline of M/s HPCL.

* Implementation of Mora-Sajod Gas pipeline project of M/s GSPL.

* Engineering & PMC services for derating of HPCL’s Mumbai-Pune pipeline (Trombay – Vashi section) and its extension to Pakni of M/s. HPCL.

* Supply of R-LNG to Karnataka Power Corporation Ltd at Bidadi / Yelahanka.

* Supply of R-LNG to NTPC power plant at Kayamkulam (Kerala).

* Basic Engineering and Front End Design & Development for Sohar Pipeline Project of M/s. Oman Refinery Company, Oman.

* Imp

Anticipating Future Risks in the New World
Technology is taking us into the future at a pace that is faster than we previously imagined possible. Our ability to conjure an image of what the world may look like five to ten years down the track is improving, thanks to new strategic planning theories and tools. However, it is our willingness to consider emerging, new categories of risk that is still a stumbling block for many business planners. Some executives and business owners are “risk adverse”, preferring to deal with a business interruption as and when it occurs. Yet it is through the discipline of Risk Management that we can improve our ability to survive in the cutthroat world of the modern economy. Risk management, when employed as an integral part of business operations, can improve both the quality and reliability of technology and how it is applied in real life.Most risk assessments revolving around cyberspace take place after an event occurs. This is possibly because many executives are still grappling with what is and isn’t possible via the World Wide Web. The value, then, of Risk Management as a strategic tool, becomes more apparent as we push at the boundaries of commerce, law and privacy.Security Managers and purveyors of IT security tools are observing the birth of new types of cyber

aurgarh was approved in Dec’03 for implementation at a cost of Rs. 82.58 crore to supply products to Udaipur and Kota Marketing Depot fed areas. Pre-construction activities are in progress. Approved completion of the projects in February 2006.

BUSINESS DEVELOPMENT

* Implementation of Mora – Talasari Gas pipeline project of M/s GSPL.

* Engineering & PMC services for Mundra – Delhi product pipeline of M/s HPCL.

* Implementation of Mora-Sajod Gas pipeline project of M/s GSPL.

* Engineering & PMC services for derating of HPCL’s Mumbai-Pune pipeline (Trombay – Vashi section) and its extension to Pakni of M/s. HPCL.

* Supply of R-LNG to Karnataka Power Corporation Ltd at Bidadi / Yelahanka.

* Supply of R-LNG to NTPC power plant at Kayamkulam (Kerala).

* Basic Engineering and Front End Design & Development for Sohar Pipeline Project of M/s. Oman Refinery Company, Oman.

* Imp

Defensive Driving: The Need We All Have
Defensive driving is quite an important thing that we have. People simply need to know that while you can control your own actions most of the time, you can not control or know what is happening with other drivers. Defensive driving courses offer a wealth of information for people who are looking for solutions to prevent accidents and problems from happening.So, what is defensive driving all about? It is a method of driving in which you take every possible precaution that you can to prevent problems from happening. This method of driving is an excellent way to keep you and your family safe. Here are some of the rules of defensive driving:• Its starts by being prepared. Checking such things as tire pressure and oil, gas, and water levels before leaving are important. You will want to check mirrors, seats as well as make sure that you have all the insurance and other documentation that you need before heading out. • Never display or react to road rage. • Purchasing bright colored cars can also help you. The purchase of a red, orange, yellow or other brightly colored car can help you to be seen. Unlike light colored cars that are more difficult to be seen, bright colored ones are less likely to be in an accident. • Always use your headlights

* Implementation of Mora – Talasari Gas pipeline project of M/s GSPL.

* Engineering & PMC services for Mundra – Delhi product pipeline of M/s HPCL.

* Implementation of Mora-Sajod Gas pipeline project of M/s GSPL.

* Engineering & PMC services for derating of HPCL’s Mumbai-Pune pipeline (Trombay – Vashi section) and its extension to Pakni of M/s. HPCL.

* Supply of R-LNG to Karnataka Power Corporation Ltd at Bidadi / Yelahanka.

* Supply of R-LNG to NTPC power plant at Kayamkulam (Kerala).

* Basic Engineering and Front End Design & Development for Sohar Pipeline Project of M/s. Oman Refinery Company, Oman.

* Imp

Freight Brokers
A freight broker works with the manufacturers of goods, wholesalers and distributors to see to the safe and effective and timely transportation of huge loads of goods to be ultimately sold on the market. These professionals also work on the modalities of sending the material from one location to another, and the amount earned as a part of the profit is termed as freight brokerage. The business of freight brokers has been in the trucking business as early as the early 20th century.A freight broker is a transportation intermediary, neither the shipper nor an asset owner, who plays a vital role in moving goods. These professionals leverage their knowledge, investment and resources to help the shipping and the carrier companies.Licensed freight brokers can be companies or individuals who match up carriers with shippers for a fee. According to research, there are 4,000 licensed transportation brokers in United States, and only 50 percent of them work on a full-time basis. Brokers are people who provide valuable services to both motor carriers and shippers. They help the carriers load goods in a truck and earn commission for their effort. Some of the companies use brokers as their traffic department and solely depend on them for coordinating their shipping needs..

* Implementation of Mora – Talasari Gas pipeline project of M/s GSPL.

* Engineering & PMC services for Mundra – Delhi product pipeline of M/s HPCL.

* Implementation of Mora-Sajod Gas pipeline project of M/s GSPL.

* Engineering & PMC services for derating of HPCL’s Mumbai-Pune pipeline (Trombay – Vashi section) and its extension to Pakni of M/s. HPCL.

* Supply of R-LNG to Karnataka Power Corporation Ltd at Bidadi / Yelahanka.

* Supply of R-LNG to NTPC power plant at Kayamkulam (Kerala).

* Basic Engineering and Front End Design & Development for Sohar Pipeline Project of M/s. Oman Refinery Company, Oman.

* Implementation of Mina AI Fahal to Sohar crude oil pipeline of M/s. Oman Gas Company, Oman.

* Melut Basin Oil Development Project of M/s. Petrodar Operating Co.Ltd., Sudan.

* Ras Laffan-Mesaieed Sweet Gas pipeline project of M/S Qatar Petroleum, Qatar.

* Iraq – Jordan Crude Oil Pipeline Project in the Hashemite, Kingdom of Jordan.

* Pre-qualification for the right to participate and lead in the development, design, acquisition, construction, installation, financing, ownership and operation of Turkme-nistan Afghanistan Pakistan Natural Gas Pipeline

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