Business Line reported that Oil & Natural Gas Corporation Limited (ONGC) is in talks with ConocoPhillips to explore the possibilities of joining hands for the exploration of oil and gas in Indian deep sea and shale gas in North America. ONGC is planning to sign a memorandum of understanding (MoU) with ConocoPhillips for cooperation in exploration and development of shale gas and deep water opportunities. Full Article
Category Archives: Energy
Nuclear power plant explosion following earthquake tsunami in Japan
Fukushima Daiichi nuclear power plant had an explosion today after the nuclear core could not cool down due to lack of cooling system, which went down due to the earthquake damage. Though the plant crew tried to bring the reactor’s temperature down during the last 24 hours, the manual effort was not enough compared to the coolant requirements for the nuclear reactor. And the explosion of the reactor building is an indication that manual cooling was not successful, and now radiation leakage is on. Workers at the Fukushima Daiichi plant plan to flood the reactor containment structure with sea water to bring the reactor’s temperature down to safe levels, which may take two days. Radiation levels are said to have fallen since the explosion but authorities have expanded the evacuation to include a radius of 20 km. Continue reading
Business Leads Generation Service
Using our large website network of 50+ websites in different industries, we can generate high quality business leads for any marketing campaign in almost any industry. These business leads are high quality because they are searching the web for solutions to their problems/requirements are are ready buyers.
We generate business leads by placing ads (text and/or image) on our website network, and by having a custom page for each campaign, which is used to share initial information and collect the contact info/inquiry from the interest person/lead. Continue reading
Dhirubhai Ambani
Dhirubhai Ambani is the founder of Reliance Industries Ltd, which is today the largest private sector company in India, and one of the largest contributors to income tax to the Govt of India.
Today the Reliance group has multiple companies that are run by his two sons: Mukesh Ambani and Anil Ambani, who have different management styles but very capable and effective in their own ways.
Dhirubhai Ambani was a keen observer, constant learner, and he took calculated risks. Some of them went right, and some did not. He was pragmatic in solving problems and he understood people very well. He believed in new technology, youth and speed.
Above all, he was a generous person with a good heart. Dec 28 is his birthday. Thank you Dhirubhai for everything. Your advice and guidance is really appreciated!
Project Finance for Infrastructure Projects in India
As India metropolis gets cramped for room, need for infrastructure development – road, bridges, industry parks, railroad is paramount. It will only grow as the GDP growth puts additional pressure on feeble Indian Infrastructure. Limited budgetary support is possible – the rest needs to come through an effective “recourse financing” more commonly – project finance. Lenders (banks/financial institutions) finance project based on credit profile of project and not that of the borrowing party and as the name recourse would suggest, borrower too has limited liability as security is confined to project assets only and not borrower’s balance sheet. Continue reading