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Popular Articles

Apple plans to embed ads in operating system
Imagine this scenario. While you are booting your computer or notebook, an advertisement pops up and the screen freezes for some time. The ad could be an audio or a plain visual one. Regardless, it may offer you some product or could even offer the operating system (which enables you to start or boot your computer) free or at a lower cost. Tying you down for a few more seconds, the ad automatically fades away and allows you to continue with the booting process.

IPO saga: Promoters garner Rs 20k cr; public gets Rs 20 cr
It"s called initial public offer, but it was promoters who walked away with a lion"s share in this market during 2009, when they sold shares worth about Rs 20,000 crore in their companies to the public shareholders.

News of the day

'I won't let success go to my head'
She began her career as a choreographer and then moved into film direction with aplomb. A full-time mother of three, Farah Khan is back in a new avatar as a talk show host for Tere Mere Beach Mein that is being aired on Star Plus.
Public Company

Energy giants agree to develop huge Australian LNG project

Energy giants Chevron, Shell and ExxonMobil today agreed to develop Australia"s massive Gorgon field, giving the final go-ahead to a liquefied natural gas project underpinned by supply contracts with India, China, Japan and South Korea. - Aus, India close to complete feasibility study on FTA - Not very energetic - Essar Oil picks up 50 % stake in Kenya-based refinery - Chevron exits RPL; sells 5% stake to RIL - Gail among 12 firms shortlisted for Nigeria gas - GAIL India shortlisted by Nigeria for gas reserves The project is expected to begin production in 2014. Gorgon, the world"s largest LNG plant, will be built on Barrow Island, a nature reserve about 70 km off Western Australia. The Australian government approved the project last month after imposing strict environmental conditions. ExxonMobil said Gorgon had an estimated 40 trillion cubic feet of natural gas, providing an important source of energy for Asia"s burgeoning economies. "With global demand for LNG forecast to triple by 2030, the Gorgon project will be a critical supply source in meeting this future demand, particularly for the economies in the fast-growing Asia-Pacific region," ExxonMobil senior executive Neil Duffin said. Chevron said the joint venture partners would start work immediately on the plant. Chevron owns a 50 per cent stake in Gorgon and will operate the plant, with ExxonMobil and Shell each holding 25 per cent. Chevron said it was set to award construction contracts worth more than $10 billion in coming months as building work gets underway.


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