Match-fixing allegations overshadow day one

first_imgMELBOURNE, Australia (AP):Novak Djokovic recalled his own brush with match fixing, as the start of the year’s first Grand Slam tournament was overshadowed by corruption allegations.Djokovic started his bid for a sixth Australian Open title with a 6-3, 6-2, 6-4 win over Chung Hyeon of South Korea yesterday, hours after the BBC and Buzzfeed News published reports alleging match fixing had gone unchecked in tennis.No players were identified in the reports, which alleged 16 players had been flagged repeatedly with tennis authorities but not sanctioned on suspicion of match fixing. Half of those are entered in the Australian Open, the reports said.The governing bodies for the sport and the Tennis Integrity Unit issued a joint statement, read by ATP chairman Chris Kermode, at a hastily convened news conference at Melbourne Park.Kermode said tennis authorities “absolutely reject any suggestion that evidence of match fixing has been suppressed for any reason, or isn’t being investigated”.Djokovic later responded to a question about an approach ahead of a tournament in St Petersburg, Russia, in 2007.”I was approached through people that were working with me at that time, that were with my team,” he said. “Of course, we threw it (the approach) away right away. It didn’t even get to me. The guy that was trying to talk to me, he didn’t even get to me directly. There was nothing out of it.PREVIOUSRUMOURS”Unfortunately, there were some, in those times, those days, rumours, some talks, some people were going around. They were dealt with. In the last six, seven years, I haven’t heard anything similar.”Djokovic was an up-and-coming player at the time, not winning the first of his 10 major titles until the 2008 Australian Open.”It made me feel terrible because I don’t want to be anyhow linked to this kind of you know, somebody may call it an opportunity,” he said. “For me, that’s an act of unsportsmanship, a crime in sport, honestly. I think there is no room for it in any sport, especially in tennis.”Djokovic said he thought the allegations related to matches from almost 10 years ago, and didn’t involve active players.Roger Federer, a 17-time major winner and former leader of the player council, agreed the allegations likely weren’t new but remained “super serious”.”I would love to hear names,” Federer said. “Then at least it’s concrete stuff, and you can actually debate about it. Was it the player? Was it the support team? Who was it? Was it before? Was it a doubles player, a singles player? Which slam?”It’s super serious, and it’s super important to maintain the integrity of our sport. So how high up does it go? The higher it goes, the more surprised I would be, no doubt about it.”Serena Williams was on court preparing for her opening 6-4, 7-5 win over No 34-ranked Camila Giorgi when Kermode was holding a news conference to respond to the fixing allegations.The 21-time major winner said there was no hint of match fixing on the women’s tour.”I play very hard, and every player I play seems to play hard,” she said. “As an athlete, I do everything I can to be not only great, but, you know, historic.”last_img read more


Men’s Basketball Signs Three

first_imgPrint Friendly Version DES MOINES, Iowa – Drake University men’s basketball head coach Darian DeVries has announced the signing of three student-athletes to National Letters of Intent.Joining the Bulldogs for the 2019-20 season will be Nate Ferguson, Issa Samake and Joseph Yesufu.Ferguson is a 6-foot-7 forward from Lemont, Ill., Yesufu is a 6-foot guard from Bolingbrook, Ill., and Samake is a 6-foot-7 forward currently enrolled at nearby Grand View Christian.Samake, who is originally from the African nation of Mali, led Grand View Christian to the Iowa 1A state championship last year while averaging 11.5 points, 9.5 rebounds and 3.3 blocks per game. “We love Issa! He is a terrific young man who is just scratching the surface of his basketball abilities,” DeVries said of Samake. “He is a local guy that our community will enjoy watching grow over the years within our program. Issa is the definition of a ‘flip-up’ guy. As a guard, you can flip the ball up anywhere close to the rim and he will be able to get it and throw it down. He will be able to add much excitement to our offense with his athleticism and help improve our defense as well.”Ferguson averaged 15.5 points and 6.2 rebounds per game last season at Lemont High School while shooting 51.6 percent from the field and 40.4 percent from three-point range. He helped his team finish with a 19-9 record to earn conference runner-up and IHSA Class 4A Regional finalist honors. “We couldn’t be more excited to have Nate join us,” DeVries said. “He is a guy that can impact our team in multiple ways both offensively and defensively. He has great instincts on defense regarding being in the right position to make plays; and offensively, from being a great passer to the ability to knock down shots. He has a versatile skill set that will hurt defenses in more ways than one. The Ferguson’s have a history of Bulldogs within their family, and we are glad they decided to add one more!”Yesufu posted 14.0 points, 5.0 rebounds and 3.0 assists per game last season to help Bolingbrook High School win 22 games.”Joe is an outstanding young man who comes from a great program at Bolingbrook High School under Coach Rob Brost, who has coached multiple Division I players,” DeVries said. “He has a skill set that extends beyond the basketball floor. He is an incredibly hard worker, unselfish, disciplined, tough, and a winner. He is an incredibly humble young man and we are excited to add someone to our program who embodies those intangibles day in and day out. On the floor, he will be a great addition to our backcourt. He is a great ball handler and can make shots. Joe is the best of both worlds from a basketball and a team culture perspective.”last_img read more


StarTimes secures Uganda Premier, Big League rights in whopping Shs 28 Billion deal

first_img Tags: FUFAStarTimes Uganda Premier Leaguetop StarTimes and FUFA officials during the launch on Thursday morning (photo by Racheal Tebandeke)PayTv Company StarTimes has secured rights for both title and broadcasting rights of the Uganda Premier league and FUFA Big league.The deal will see StarTimes invest a whopping $7.24 Million (Shs 28 Billion) in the two leagues for a period of 10 years.This is the biggest investment in Ugandan Sports history, surpassing the $3 Million that Sports Broadcasting had paid for the same rights earlier this year.FUFA and Sports Broadcasting are understood to have terminated their contract by mutual understanding a few months ago to pave the way for StarTimes.Speaking at the launch of the partnership at Hotel Africana on Thursday morning, StarTimes CEO Andy Wanga explained that the rights secured also include distribution of all audio and visual transmissions.“The media and commercial rights also include public viewing, distributing all content media and commercial rights including public viewing broadcasts, distributing all content relating to audio, visual and audio-visual transmissions of matches through all platforms and in all forms of distribution, said Wang.“We took the decision to give back to the people of Uganda through football because of their passion for the game, added Wang.“It touches a lot of people from the grass roots so it is our way of thanking the public for supporting our business and making us the leading pay television with 70% market share after only eight (8) years.FUFA President Eng. Moses Magogo (left) and StarTimes CEO Andy Wang (right) at the launch on Thursday morning (Photo by Racheal Tebandeke)It is also worth noting that StarTimes are the official sponsors of reigning Uganda cup holders KCCA FC and their stadium, the StarTimes stadium in Lugogo.The PayTv Company has already invested Shs 4.5 Billion for a period of seven years in those two projects and is also a former sponsors to troubled side, SC Villa.FUFA President Eng. Moses Magogo expressed his delight that a deal between Ugandan football and StarTimes had been struck.“We are so grateful that today we enter into a huge partnership with StarTimes, said Magogo.“The deal with Startimes is in line with our target of making Ugandan football the best on the continent.“We are aware that we still have a lot to do in order to achieve that but we are confident we are on the right path.With StarTimes broadcasting in over 38 African countries and up to six on the Asian continent, the move to acquire rights for the two biggest leagues in Ugandan football will clearly benefit both the local clubs and players as they get a chance to attain much craved exposure on the continent.The games will be broadcast live on StarTimes but it is still unclear which channel will harbor the Ugandan games as the PayTv has four football channels-World Football, Sports Premium, Sports Focus and Sports Life.Aldrine Nsubuga, the Vice President in charge of branding and Marketing summed up the whole sponsorship saying;“The legacy we want to leave behind in the Ugandan local community is the support towards the development of football-the game that unites the whole country without bias.“A strong top division league reflects on the strength of our national team, the Cranes.The now newly branded ‘StarTimes Uganda Premier League’ will kick off in three weeks’ time while the ‘StarTimes Big League’ begins in a month.Comments last_img read more


Delight as Lough Eske Castle Spa is named Best in Ulster

first_imgThere are great celebrations at Lough Eske Castle this week after the CARA Organic Beauty Spa was named as Ulster’s Spa of the Year 2019.The award was announced at the Irish Tatler Spa Awards, which was attended by CARA Organic Beauty Spa Manager Haley O’Neill and Spa Therapist Caitriona O’Donnell, who accepted the prize on behalf of the whole talented team. Established in 2009, the Irish Tatler Spa Awards represent the highest national accolade for Ireland’s best spa and wellness destinations.  The Irish Tatler Spa Awards set industry benchmarks in quality, aiming to encourage and celebrate excellence in Irish spa services and treatments.The Lough Eske Castle CARA Organic Beauty SpaDónal Cox, General Manager of Lough Eske Castle said “We are absolutely delighted for Haley, Caitriona and all the team here at CARA Organic Beauty Spa. “To receive an award like this is a great accolade and a result of the team’s hard work and devotion to all of our guests at CARA Organic Beauty Spa. The spa team work tirelessly to provide our guests with the best treatments and service possible, this great care and attention has been a major contribution to our continued success at the Irish Tatler Spa Awards.”The Thermal Suite at Lough Eske Castle   Delight as Lough Eske Castle Spa is named Best in Ulster was last modified: September 25th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:awardscara organic beautyLough Eske CastleSpalast_img read more


Nexus One Gets Official Multitouch Support (Updated)

first_imgLooking around the mobile industry, from Apple to Palm to HTC and Motorola – it’s clear that pinch-to-zoom technology has become a standard and popular way for users to interact with their mobile phones. Likewise, Android users can now truly benefit from this capability with the availability of Android 2.1, which powers a new class of devices with larger touchscreens and more interactive features. Unlike past devices, these phones have the processing power to deliver pinch-to-zoom, while still providing a great user experience. Based on these new capabilities and numerous requests from Android users, we decided to provide pinch-to-zoom capabilities with this new over-the-air software update for Nexus One devices. More Updates: Google Navigation, Google Goggles, Fix for 3G ConnectivityIn addition to the new multitouch functionality, this update will also bring significant new features to the Google Maps application. Starred items and search suggestions will now be synchronized with maps.google.com, for example. In addition, Google Navigation – Google’s turn-by-turn GPS app – will now get a night mode that automatically changes the colors on your screen at night to make the screen easier to read.Google will also now ship Google Goggles as a default application on the Nexus One. Google Goggles is a surprisingly useful tool that allows you to take pictures of landmarks to initiate a search, for example, or to scan business cards and automatically populate Google Contacts with this data.Early adopters of the Nexus One often complained about issues with 3G connectivity. According to Google, this new update should improve 3G connectivity on the phone. 8 Best WordPress Hosting Solutions on the Market Tags:#Google#news#web Why Tech Companies Need Simpler Terms of Servic… frederic lardinois When Google launched the Nexus One Android phone a few weeks ago, support for multitouch gestures like pinch-to-zoom was mysteriously missing from the phone’s feature set in the United States. Starting today, however, Google will begin to ship an over-the-air software update to all Nexus One phones in the U.S. that will enable multitouch pinch-and-zoom functionality in the browser, gallery and maps application. Until now, Nexus One owners had to resort to a hack to enable multitouch on their phones.Google plans to roll this update out slowly. All Nexus One owners should receive a notification about the availability of the update for their phone by the end of the week.Why Now?Oddly enough, Nexus One (and Motorola Droid) users outside of the U.S. have always been able to make use of these multitouch features by default. It’s not clear why Google decided to enable multitouch on the Nexus One now, but we have asked Google for a statement and will update this post once we hear from them.Update: We just heard back from a Google spokesperson. Here is Google’s official reasoning behind making this change now: A Web Developer’s New Best Friend is the AI Wai… Related Posts Top Reasons to Go With Managed WordPress Hostinglast_img read more


Will big data provide a cure-all for ailing health budgets?

first_imgWhat it Takes to Build a Highly Secure FinTech … Tags:#Apple#Big Data#Cisco#e-health#featured#health#IBM#Internet of Things#IoT#Philips#Salesforce#top Related Posts Follow the Puck Donal Powercenter_img Why IoT Apps are Eating Device Interfaces As soaring health budgets continue to cause pain for governments and medical care providers, relief may be in sight thanks to big data.A new study by Lux Research found that advanced big data and analytics technologies are poised to help rein in runaway healthcare costs. The report “Industrial Big Data and Analytics in Digital Health” determined that deeper integration of relevant data will make the delivery of many therapies more affordable.“Whereas solving many past healthcare problems seemed to be a matter of scientific discovery, health policy, or adequate funding, today’s most pressing problems are due to a lack of information – or lack of understanding of what to do with it,” said Lux Research VP Mark Bünger.“Data and analytics technologies are now showing measurable benefits to cost and patient outcomes, and partnerships like Apple-IBM, Salesforce-Philips, and Cisco-University of California in San Francisco are forming to put them into practice,” he said.The participation of enterprise big data and analytics vendors will help create several major impacts on healthcare delivery according to Lux.Big data can personalize therapy deliveryFirstly, it predicts that big data and analytics will aid personalized therapy delivery, leading to reduced costs and better health outcomes when battling the most severe diseases. It will achieve this by using such cloud-based analytics as Molecular Match that will enable faster decision-making.Lux also anticipates that artificial intelligence (AI) will create more powerful methods for analyzing huge datasets. AI will enable machine vision that can study patient scans for disease and will power robots that monitor patients.Lastly, Lux sees big data as unlocking sources of additional revenue and cost reductions for hospitals. Cost cutting will come from semi-automated systems that can target expensive medical interventions much more efficiently.Meanwhile, additional revenues will emerge as data enables improved resource allocation based on conditions and volumes of patients.The report comes as health care providers are looking for other technological solutions like smart medicines to help reduce escalating costs. How Myia Health’s Partnership with Mercy Virtua…last_img read more


Wozniacki beats Halep to win 1st major at Australian Open

first_imgGlobe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Don’t miss out on the latest news and information. Denmark’s Caroline Wozniacki kisses her trophy after defeating Romania’s Simona Halep during the women’s singles final at the Australian Open tennis championships in Melbourne, Australia, Saturday, Jan. 27, 2018. (Photo by DITA ALANGKARA / AP)MELBOURNE, Australia — It took Caroline Wozniacki 43 majors and two failed attempts in finals before finally claiming her first Grand Slam singles title.One of the first things she did as a champion was apologize to top-seeded Simona Halep following her 7-6 (2), 3-6, 6-4 win in the Australian Open final on Saturday night.ADVERTISEMENT Kammuri turning to super typhoon less likely but possible — Pagasa Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City She returned and broke for a 5-3 lead before leveling the match.The players had a 10-minute break between the second and third sets with the temperature at 30.5 Celsius (87 Fahrenheit) and 60 percent humidity.Wozniacki appeared to sense Halep’s fatigue and attacked hard, getting a break in the second game.Halep converted her sixth breakpoint chance when Wozniacki double-faulted for the first time in the set. It was 2-1.There was a total of four straight service breaks until Halep held and got on level terms. She broke Wozniacki for a 4-3 lead, but lost momentum after Wozniacki’s medical time out.“I can still smile. It’s fine. I cried, but now I’m smiling,” Halep said. “Is just a tennis match in the end. But, yeah, I’m really sad I couldn’t win it. I was close again, but the gas was over in the end.”Serena Williams didn’t watch the game, saying she gets too nervous, but tweeted to congratulate her good friend Wozniacki.“New number one and aussie open champ. So awesome. So happy. Are those tears? Yup they are. From a year ago to today I’m so proud my friend so proud.” Read Next NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Typhoon Kammuri accelerates, gains strength en route to PH Wozniacki saved match points in her second-round win over Jana Fett and later said she was relaxed because for the rest of the tournament she was “playing with the house money.”So both players rolled the dice in the 2-hour, 49-minute final, which featured some long, absorbing rallies and 10 service breaks – including six in an eight-game run in the third set.“I know that today is a tough day,” Wozniacki said to Halep. “I’m sorry I had to win today but I’m sure we’ll have many matches in the future. Incredible match, incredible fight. And again, I’m sorry.”Halep was playing with an injured left ankle, needed treatment for dizziness in the second set and had rallied from a break down in the third set to lead 4-3 when Wozniacki took a medical time out to have her left knee taped. In the end, she just ran out of steam.“It’s not easy to talk now,” Halep said at the presentation. “It’s been a great tournament for me. I started not very well with the ankle injury. I just wanted to give my best every match, which I did. Of course I’m sad I couldn’t win today but Caroline was better than me. Sad that I couldn’t make it the third time, maybe the fourth time will be with luck.”Wozniacki is the third first-time major winner in the four Grand Slam tournaments since Serena Williams won the 2017 Australian Open for her record 23rd Grand Slam title.Serena Williams, who beat her older sister, Venus, in last year’s final, took time out for her pregnancy and the birth of her first child in September, and is preparing to return to competition next month.Wozniaki was ranked No. 1 for 67 weeks, including 49 straight from Feb. 21, 2011 until Victoria Azarenka replaced her on Jan. 30, 2012.Wozniacki got a break in Halep’s first service game and had a chance to serve for the first set at 5-3, but the Romanian rallied to break back and to force a tiebreaker. After getting an early jump in the tiebreaker, Wozniacki won the last three points to win a set for the first time in a Grand Slam final.Halep fended off four break points to hold early in the second set, and called for the trainer after holding in the fifth to get her blood pressure and pulse taken. 2 ‘newbie’ drug pushers fall in Lucena stingcenter_img Brace for potentially devastating typhoon approaching PH – NDRRMC LATEST STORIES MOST READ Neil Diamond’s “Sweet Caroline” played over the stadium speakers as the 27-year-old Danish player carried the Daphne Akhurst Memorial Cup around Rod Laver Arena.Wozniacki lost two US Open finals – in ’09 and 2014 – and Halep lost two French Open finals before their meeting at Melbourne Park.It was the first time in the Open era that players ranked No. 1 and 2 were meeting in a major final without either having won a Grand Slam title.So the pressure was on.It was the first time in the Open era that both Australian Open finalists had saved match points before reaching the final, also, so in some ways the pressure was off.In Halep’s case, she was the first player who had saved match points in multiple matches to have reached the final. She saved triple match point and rallied in the third set to beat Laura Davis 15-13 in the third set of her third-round match, and also needed to save match points in her semifinal against Angelique Kerber.ADVERTISEMENT Church wedding serves as an inspiration for Barroca John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding “I’m sorry, I’m just taking a second to hug Daphne,” Wozniacki said, pausing as she clutched the winner’s trophy in the on-court ceremony. “I dreamt of this moment so many years, to be here now it’s a dream come true.”More than seven years after appearing in her first Grand Slam final at the 2009 US Open – a straight sets loss to Serena Williams – Wozniacki can finally erase the “but never won a major” footnote that has long been attached to her resume.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutout“I’m never going to get the question again about being a world No. 1 without a Slam,” she said after leaving the court.Wozniacki will regain the top ranking next week for the first time in six years – beating Serena Williams’ record of 5 years, 29 days between stints at No. 1 on the women’s tour – in another benefit of beating the top-seeded Halep. View comments Slow and steady hope for near-extinct Bangladesh tortoiseslast_img read more


PM Breaks Ground for Basic School in Home Community

first_imgPrime Minister, the Most Hon. Portia Simpson Miller, returned to her Marlie Hill roots in St. Catherine on Friday, June 21, to break ground for the construction of a $24 million early childhood institution on the grounds of the primary school, which she attended.The project is being funded by the Culture, Health, Arts, Science and Education (CHASE) Fund, and will comprise a new two-classroom building with kitchen and sanitary facilities, sick bay, and an administrative block.The Marlie Hill Basic School will also be equipped with furniture, kitchen appliances, play equipment, and other amenities to meet the requirements of the Early Childhood Commission (EEC).Addressing the ground breaking event in front of an audience that included some of her relatives, Mrs. Simpson Miller expressed pride at being associated with the Marlie Hill community and the primary school.She fondly recalled the days when she and others traversed the hilly terrain to and from school. The Prime Minister thanked the teachers, who played a role in her early development and senior residents of Wood Hall, Bellefield, Marlie Hill and surrounding areas, who took care of her and the other children, noting that “we were always protected.”She called for a return to traditional values, when the community protected children and kept them from harm.“What we have to recapture are those values that were imparted to us by our parents, to love, to care, to share….I am longing for the day when we do not hear of our children being abused,” she stated.The Prime Minister charged the parents to “take care of the children and keep them close to you,” while condemning those “who feel that they have the right to abuse a child.”The Prime Minister further urged adults to treat the children right as “the child you see today can be a great leader for tomorrow,” adding that “with the children, the country stands between history and hope for the future”.Chief Executive Officer of the CHASE Fund, W. Billy Heaven, said that the new school should be delivered by Christmas.He informed that the Marlie Hill Basic School is a Jamaica 50 legacy project and is one of nine infant schools to be constructed at a cost of $235 million. The others are in the parishes of Clarendon, Manchester, St. Elizabeth, St. Mary and St. Thomas.Mr. Heaven recommended that a database be established to keep track of the first set of students to enter the doors of the school when it opens.“Do that for the next 50 years and invite them back when Jamaica is having its centenary celebrations. At that time, you will see the doctors, you will see the lawyers, you will see the nurses, you will see the teachers and all the other professionals, and who knows, you could see another Prime Minster as well coming out of this very community,” he said.The Marlie Hill Basic School was established in the 1950s and is located in Bellefield District. At its present location, the school is being threatened by land slippage on one side and there is no possibility for expansion on the existing property, hence the decision to relocate it to the grounds of the primary school.By Andrea Braham, JIS Reporterlast_img read more


Saudi oil minister makes second visit to India in less than 3

first_imgNew Delhi: Saudi Oil Minister Khalid al-Falih is making his second visit to India in less than three weeks to attend the wedding of richest Indian Mukesh Ambani’s son Akash. Akash Ambani is tying the knot with Shloka Mehta, daughter of diamantaire Russell Mehta and Mona Mehta at a grand ceremony in Mumbai on Saturday. Sources privy to the development said the Saudi oil minister will visit Mumbai for the wedding and will also make a brief stopover in the national capital to have a conversation with Oil Minister Dharmendra Pradhan and other industry leaders. Also Read – Maruti cuts production for 8th straight month in SepAl-Falih, who has known Ambani for over a decade now, had previously travelled to Udaipur in December last year to attend the pre-wedding festivities of Ambani’s daughter Isha’s marriage with industrialist Ajay Piramal’s son Anand. Akash and Isha’s wedding will take place at the newly built Jio World Centre in Bandra Kurla Complex in Mumbai. The wedding festivities kickstarted on February 23 with a grand bash in St. Moritz, Switzerland. The couple got engaged in June 2018 and celebrated the occasion with a string of lavish parties in Mumbai. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to CustomsAl-Falih last visited India on February 20 as part of the high-level delegation that travelled with Saudi Crown Prince Mohammed bin Salman for a bilateral visit. When he last visited the Ambanis in December 2018, the Saudi oil minister had tweeted that the world’s largest oil exporter Saudi Arabia and Ambani-run Reliance Industries are discussing joint investments in petrochemicals, refinery and communications projects. At the time of the February 20 visit, Saudi Aramco CEO Amin Al-Nasser had spoken about talks with Reliance for investments in refinery and petrochemical projects. Reliance operates two refineries at Jamnagar with a total capacity of 68.2 million tonnes per annum. Reliance plans to expand its only-for-exports SEZ refining capacity to just over 41 million tonnes from the current 35.2 million tonnes but does not have any plans to set up a new refinery in the country. It is presently focused on expanding petrochemicals and telecom business, industry sources said. Crude oil is the basic raw material for the manufacturing of petrochemicals. Saudi Arabia, on the other hand, is keen to get a foothold in the world’s fastest-growing fuel market so as to get a captive customer for the crude oil it produces. Saudi Aramco, the world’s biggest oil company, and its partner Abu Dhabi National Oil Co (ADNOC) have picked up 50 per cent stake in a planned USD 44-billion refinery in Maharashtra but the project is facing problems in land acquisition. Aramco and ADNOC will together hold 50 per cent stake in the 60 million tonnes per annum (MTPA) refinery and adjacent 18 MTPA petrochemical complex planned to be built at Ratnagiri district of Maharashtra by 2025. The two will supply half of the crude oil required for processing at the refinery. Like other major producers, the two are looking to lock in customers in the world’s third-largest oil consumer through the investment. Kuwait too is looking to invest in projects in return for getting an assured offtake of their crude oil. Saudi Aramco is also keen on retailing fuel in India. A refinery in India can also be a base for it to export fuel to deficit countries in Europe and the Americas. India has a refining capacity of 247.6 million tonnes, which exceeds the demand of 206.2 million tonnes. According to the International Energy Agency (IEA), this demand is expected to reach 458 million tonnes by 2040.last_img read more


Seven Pak posts destroyed as Indian Army retaliates

first_imgJammu: Seven Pakistani posts across the LoC were destroyed as the Indian Army retaliated to cross border shelling by Pakistani troops who targeted border areas in Rajouri and Poonch districts, officials said Tuesday.There have been several casualties to Pakistani troops too, they said. As a precautionary measure, all schools along the borderline in Poonch and Rajouri districts have been closed by authorities in view of the Pakistani shelling. On Monday, a BSF inspector and a five-year-old girl were among three persons killed while 24 others were injured as Pakistani troops heavily shelled forward areas along the Line of Control in Poonch district, prompting the Indian Army to retaliate “befittingly”, said officials.last_img read more