The recent Nobel Prize in Chemistry for the year 2010 was dedicated to Heck, Suzuki and Negishi who highlighted the importance of C-C bond forming reactions. Their studies using Pd-catalyzed coupling reactions proved to be an important tool to generate carbon-carbon and carbon-hetero atom bonds and have found applications in pharmaceuticals, agrochemicals and natural products, etc. Due to these multifarious applications, organometallic compounds of Platinum group metals (pgms) have become important as catalysts in synthetic organic chemistry both for industrial and application of academic...