Anyway, I went through the available latex editors and eventually settled down to Texmaker, mostly because it runs on Windows too. I am running a pretty neat version of Windows 7 and I do want to beautify my paper while i am there.
For this seminar, we had to follow the ACM templates and as a starter those class and bib files can look a bit formidable. Anyway, I downloaded all the goodies and tried to build them through Texmaker, which failed, expectantly! The error messages were logged and most of them were about missing fonts. So I did a little Googling and came to know that you have to install some special fonts so that Latex can render your document correctly.
So, I run this command:
sudo apt-get install texlive-math-extra
And voila, everything was perfect!
Happy Texing!