Archive for April, 2012

RIL Contributes to Dahej Getting its New Hospital

April 30, 2012

Dahej will have its own new modernized hospital with all updated features sponsored by Reliance Industries Ltd (RIL) and state government together. This 50-bed hospital will be operational from November 2013. It will be built and operated by Dahej Health& Welfare Society, which is a joint formation of RIL and the State government. BB Swain who serves as the Chairman and Managing Director of Gujarat Industrial Development Corporation (GIDC) will be spearheading all the activities in this society.

This new hospital at Dahej will bring up to the code, health and medical development in the city, which has been lackluster for a while. Irrespective of the tremendous industrial development that Dahej has been witnessing, there was only a primary health centre during emergencies. Besides, one had to travel 45 Km to Bharuch, with it being the nearest place with first- rate hospitals, to be treated. Below Poverty line (BPL) families will be availed of free treatment from this hospital at Dahej. Besides, patients who are registered at the primary health care centre can benefit from treatment, as it will be made available to them at nominal prices, being subsidized by upto 70%.

This Reliance Dahej 50-bed hospital will procure all necessary upgraded features and will have five doctors including a surgeon, orthopedic, physician, gynecologist and a general practitioner. There will be special care taken to pander to burn cases. This hospital at Dahej will also cater to places that are nearby. It may also work to organize mobile services and camps that may benefit a major section of the population and create awareness in the society.

Sushil Kumar, President of Dahej Industries Association has stated that RIL had offered Rs10 crore to Dahej Health and Welfare Society for the maintenance cost of this project. The 9000 square metre land for the hospital is granted by GIDC.

Reliance Industries Limited has participated and sponsored varied philanthropic activities that have benefited scores of people in the country. Reliance Foundation was specially incorporated to support various non – profit organizations that work towards create betterment of the society. One of the most noteworthy ones was the initiation of ‘Project Bij’ for supporting small farming communities by providing technical assistance and enabling them to market it appropriately. BIJ stands for Bhara India Jodo and aims to encourage and assist farmers and enable them to overcome their problems, with the country being prone to a huge number of farmer suicides.


Nita Ambani selected as‘Corporate Citizen of the Year’ by AIMA

April 19, 2012

Nita Ambani, chairperson of Reliance Foundation and wife of RIL chairman Mukesh Ambani, was selected by All India Management Association (AIMA) as the ‘Corporate Citizen of the Year 2012’ for outstanding contributions by a corporate member towards the welfare and upliftment of society.

As the chairperson of Reliance Foundation, the philanthropic arm of Reliance Industries Limited (RIL), Nita Ambani has been rigorously involved in Corporate Social Responsibility (CSR) projects of India’s largest private sector conglomerate. On being awarded the prestigious acclamation, Nita Ambani said, “The Reliance Foundation focuses on five pillars- education, healthcare, agriculture and rural transformation, urban renewal and arts and culture. For me, corporate social responsibility is not a program; it’s a passion and a way of life. So I am quite happy to receive an award for something that I enjoy doing so much”.

Over the years, one cause quite close to Nita Ambani has been that of Education for All. Working along with various NGOs and welfare organizations, Nita has lent her time and support for uplifting underprivileged children and helping them get access to equal education opportunities as their urban counterparts. And although she finds her time divided across a gamut of responsibilities that range from managing her IPL franchise Mumbai Indians to chairing Dhirubhai Ambani International School (DAIS), Nita is devoted to the cause of reducing educational disparities and making provision equal education opportunities for children from underprivileged section of the society. “I think for me the focus always has been for every child to be able to read and write. I plan to spread education into the interiors in whatever way I can. I think the translation of how we do that is another problem that we need to address,” noted Nita Ambani when conferred with questions regarding Right To Education Act proposal for 25% reservation for the poor.

Nita Ambani is also actively involved with various other social causes including Project Drishti- a social initiative by Reliance Industries (RIL) and National Association for the Blind, and UNAIDS.

AIMA Managing Award recognizes those achievers who have made a fundamental difference, creating an edge above peers for others to emulate. Recognizing the contributions of business leaders and visionaries in their respective field, this award accolades the strength, ingenuity, knowledge, foresight of people who make a difference with their work every day of their lives.

RIIL appoints Shri. N. Shanker as Company Secretary and Compliance Officer

April 13, 2012

Shri N. Shanker is appointed as the new Company Secretary and Compliance officer of the company owing to the resignation of Shri. Swantaka Kumar Sethi according to Reliance Industries Infrastructure Ltd. Mr. Sethi had previously served as the Company Secretary and Compliance officer.

Reliance Industries Infrastructure Ltd caters to industrial infrastructure of the country. Besides, it also provides IT consulting services and leases equipments presently. Initiated in the year of 1988, the objective of this industry was to build and transport pipelines for petroleum products initially. Incorporated under the name of Chembur Patalganga Pipelines Limited, it was granted the Certificate of Commencement of Business in the year of 1989. It was renamed as CPPL LTD in the year of 1992 and later changed to Reliance Industrial Infrastructural Ltd. in 1994. Mr. Satyapal Jain and his associates were the leading promoters of this industry.

The most notable work of RIIL includes the construction of twin pipeline system measuring around 200 millimeter diameter connecting Bharat Petroleum Refinery at Mahaul to Petrochemical complex of Reliance at Patalganga. Besides, there are other renowned works of this pioneer infrastructural industry including the construction of Jackwell at river Tapi, Raw Water Pipeline system at Hazira and authorized facilities including Cathodic Protection system and Supervisory Control and Data Acquisition system. RIIL is also known for its successful completion of a 70,000 kilolitre petrochemical product storage and distribution Terminal at the Jawaharlal Nehru Port Trust Area in Maharashtra. Its operations presently include areas in Mumbai, Rasayani regions of Maharashtra, Surat and Jamnagar in Gujarat majorly.

The chief executives of the company include Mahesh K Kamdar who serves as the chairman of the company, directors – Chandra Raj Mehta, SC Malhotra, Sundeep H Junnarkar and executive director- Dilip V Dherai. There are future prospects of RIIL engaging in SEZ Projects which can boost its growth to a great extent. RIIL is known to lead the future infrastructure sector in the same way as Reliance Industries is pioneering the Oil and gas sector presently.

This Mukesh Ambani led industry has been enjoying a sound financial growth with its profit accounting to be approximately Rs. 22.47 crore in the FY09.