Importance of homogeneous catalysis in the synthesis of highvalue chemicals; Organometallics and importance of ligands; catalytic cycle and catalytic intermediates and their identification through spectral techniques. Reactions that olefins undergo: hydrogenation and asymmetric synthesis; isomerization, oligomerization, hydrocynation and metathesis reactions; Examples of Shell and DuPont processes. Carbonylation and hydroformylation reactions: methanol to acetic acid; carbonylation of alkynes and other substrates for making industrially important chemicals; regioselective reactions; biphasic catalysis. Polymerization: catalytic cycle for alkene polymerization; metallocene catalysts; structure, special features and stereocontrol by metallocene catalysts. Oxidation reactions: Wacker oxidation; metalcatalyzed liquid phase oxidation of cyclohexane, pxylene, epoxidation of propene; oxo complexes and mechanism of oxidation reactions.