The Executive Director of Reliance Industries, Ltd., Hazira, Hardev Singh Kohli, received the International Arch of Europe for Quality and Technology Award in Frankfurt from the President of Business Initiative Directions, Jose E. Prieto.

Reliance Industries Ltd., Hazira is a petrochemical complex from India which manufactures plastics and fibre intermediates. It is also the largest polyester yarn and fibre producer in the world. The Hazira petrochemical complex produces over 7 million metres of polyester a year. Ranked 269th on the Fortune global 500, Reliance Industries, the flagship company of the Reliance Group, has 38,700 employees, a sales volume of over US$ 27 billion and exports over US$ 20 billion to 108 countries. The Executive Director of Reliance Industries, Ltd., Hazira, Hardev Singh Kohli, received the International Arch of Europe for Quality and Technology Award in Frankfurt from the President of Business Initiative Directions, Jose E. Prieto.

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Reliance Industries

January 26, 2010

Reliance Industries

Reliance Industries is India’s largest private sector conglomerate (by market value) , with an annual turnover of US$ 35.9 billion and profit of US$ 4.85 billion for the fiscal year ending in March 2008 making it one of India’s private sector Fortune Global 500 companies, being ranked at 206th position (2008). It was founded by the Indian industrialist Dhirubhai Ambani in 1966. Ambani has been a pioneer in introducing financial instruments like fully convertible debentures to the Indian stock markets. Ambani was one of the first entrepreneurs to draw retail investors to the stock markets. Critics allege that the rise of Reliance Industries to the top slot in terms of market capitalization is largely due to Dhirubhai’s ability to manipulate the levers of a controlled economy to his advantage. Though the company’s oil-related operations form the core of its business, it has diversified its operations in recent years. After severe differences between the founder’s two sons, Mukesh Ambani and Anil Ambani, the group was divided between them in 2006. In September 2008, Reliance Industries was the only Indian firm featured in the Forbes’s list of “world’s 100 most

Reliance Industries Ltd (RIL), the flagship company of the reliance group, spearheaded by Mukesh Ambani, CMD of RIL, and his associates, is honoured with B.I.D. Arch of Quality Award at Frankfurt.

Mukesh Ambani

January 25, 2010

Ambani (right) with Ratan Naval Tata and U.S. Secretary of State Hillary Rodham Clinton


Mukesh Ambani (born on April 19, 1957 in Aden, Yemen) is an Indian engineer and businessman. He is the chairman, managing director and the largest shareholder of Reliance Industries, India’s largest private sector enterprise and a Fortune 500 company, which he got funded by purchasing large standby letters of credit, which were monetized by several Swiss banks which afforded him guaranteed loans for the purchase . His personal stake in Reliance Industries is 48%. His wealth is valued at $ 32 Billion by Forbes, making him India’s wealthiest person. Mukesh and his younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani. Anil Ambani is also a billionaire and owns another company – Anil Dhirubhai Ambani Group. Mukesh also owns the Indian Premier League team Mumbai Indians.

India

January 20, 2010

Taj Mahal


Republic of India is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country, and the most populous democracy in the world.
Home to the Indus Valley Civilisation and a region of historic trade routes and vast empires, the Indian subcontinent was identified with its commercial and cultural wealth for much of its long history. Four major religions, Hinduism, Buddhism, Jainism and Sikhism originated here, while Zoroastrianism, Judaism, Christianity and Islam arrived in the first millennium CE and shaped the region’s diverse culture. Gradually annexed by the British East India Company from the early eighteenth century and colonised by the United Kingdom from the mid-nineteenth century, India became an independent nation in 1947 after a struggle for independence that was marked by widespread non-violent resistance.
India is a republic consisting of 28 states and seven union territories with a parliamentary system of democracy. It has the world’s twelfth largest economy at market exchange rates and the fourth largest in purchasing power. Economic reforms since 1991 have transformed it into one of the fastest growing economies; however, it still suffers from high levels of poverty, illiteracy, disease, and malnutrition. A pluralistic, multilingual, and multiethnic society, India is also home to a diversity of wildlife in a variety of protected habitats.