Premium Essay

Reliance Petro

In:

Submitted By rajwinder
Words 4030
Pages 17
| | | | |

| |
1..........close ↑
Pathak panel probe : Loose ends, grey areas
Businessline. Chennai: Aug 8, 2006. pg. 1
Abstract (Summary)
Both the failure to cross-examine the representatives of the Party under Sections 8B and C, and the unexplained omission to vest the Authority with the power under Section 166A of the Cr.P.C. considerably dilutes the force of the Inquiry Authority's opinion that there was "not a shred of evidence" to link the Congress party to these transactions, that no wrong can be attributed to the Congress party, that there was "no evidence that the Congress party was involved in the contract and that it derived any benefit at all from the contracts," that "indeed, there is nothing to show that the Indian Congress Party had anything to do with the contracts" and that "the reference to the Indian Congress party with respect to Contract No M/10/57 is not justified at all." The impression left in an average reader's mind is that the Authority, by its repeated asseverations to the above effect, wanted to drive home the innocence of the Congress Party beyond all ambiguity or misunderstanding, although this seemingly contradicts its opinion that the sources, materials and documents collected by [Volcker] were "authentic and reliable". Another incongruity There is yet another incongruity as well: Of the four from India named by Volcker report as non-contractual beneficiaries (meaning that they had no obligation to supply food or humanitarian goods to Iraq), Reliance Petroleum and Prof Bhim Singh had already corroborated the entries about them, with the former maintaining that the allocations were handled as a regular commercial transaction, and the latter, that an offer of the allocation of the specified number of barrels was indeed made to him but not accepted as a matter of principle. This lends a semblance of credence to the

Similar Documents

Free Essay

工程专业归纳

...加拿大机械工程: 加拿大作为资源型发达国家,毗邻美国,机械工程专业在各种领域(如石油、天然气、木材、航空航天、能源、汽车等)都有颇多涉及,机械工程师一直高居各类人才需求的前5位。而作为这一行业的从业人员,毕业生需要在加拿大各省或地方的专业工程师协会登记,并经审核后获得由工程师协会颁发的专业资格证书。无论选择在国外发展还是回国效力,在发达国家积累的同行业工作经验都将是留学生的宝贵财富。 机械工程是以有关的自然科学和技术科学为理论基础,结合生产实践中的技术经验,研究和解决在开发、设计、制造、安装、运用和修理各种机械中的全部理论和实际问题的应用学科。 机械工程的服务领域广阔而多面,凡是使用机械、工具,以至能源和材料生产的部门,无不需要机械工程的服务。 【机械工程职业前景 】 就业方向:毕业生可在有关企业、科研单位、国家机关和高等院校从事机电产品设计、制造、管理、营销、科研和教学等工作。机械工程师主要在专业顾问公司、电力行业、生产及加工行业、运输行业工作。 【其雇主类型如下】 ¬ 专业服务机构(26.7%) ¬ 运输工具生产行业(11.9%) ¬ 机械制造行业(8.4%) ¬ 金属加工业(7.0%) ¬ 建筑行业(4.3%) ¬ 电力行业(4.2%) ¬ 其他制造行业(3.9%) 工程类专业作为留学热门专业,良好的就业环境和优厚的收入水平一直是这个专业的两大亮点。 【2012薪酬】 加拿大大学与雇主协会(National Association of Colleges and Employers)公布了今年春季毕业的毕业生的起薪,据统计,本科毕业生的起薪达到了55,000 左右,比去年提高了3.5%。而机械工程类专业毕业的学生遥遥领先于其他专业(如商科和管理类)达到了66,000 元,比去年上升了3.8%。 加拿大化学工程: 化学工程不同于化学专业,而且比化学专业更复杂。化学工程是将化学知识应用到了商业领域,结合了化学、工程、和生物化学三个领域的知识。化学工程专业的学生学习内容包括分子结构,设计化学反应过程(包括制造石油、食品、制药等化学过程),还需要了解原料在工厂里通过什么样的化学反应最后生成产品,也需要了解环保方面的知识,防止潜在的环境污染与生化危险。化工专业并不是一个容易学习的专业,但是就业前景不错。造纸厂、化肥厂、制药公司、塑料制品厂、石油制造行业都需要化工专业毕业生。就业:市场需求很大,化工在工程类专业中需求量排第3位,也是工程类专业中收入最高的专业。毕业生还可以选择其他的工程专业,进行深造,或者可以进入法学院和医学院学习。 加拿大化学工程专业2011年排名: 1. 多伦多大学 2. 麦吉尔大学 3. UBC 4. 麦克马斯特大学 5. 皇后大学 6. 阿尔伯塔大学 7. 滑铁卢大学 8. 卡尔加里大学 9. 曼尼托巴大学 10. 渥太华大学 加拿大材料工程: 材料是用于制造有用物件的物质。材料科技是电子、信息、通讯、航天、机械及光电产业的基础。因此,材料被称为「工业之母」。根据材料的组成结构,可分成金属材料、无机非金属材料、高分子材料和复合材料;根据材料的性能特征,可分成结构材料和功能材料。当今,人们把材料、信息、能源作为现代文明的三大支柱。新材料技术更成为三大高新技术之一。  ...

Words: 747 - Pages: 3

Free Essay

Ambani Story

...NTRODUCTION: AN INVITATION TO BOMBAY The envelope was hand-delivered to our house in Golf Links, Tan enclave in New Delhi whose name captured the clubbable lifestyle of its leisured and propertied Indian residents, soon after we had arrived in the middle of a north Indian winter to begin a long assignment. It contained a large card, with a picture embossed in red and gold of the elephant-headed deity Ganesh, improbably carried on the back of a much smaller mouse. Dhirubhai and Kokilaben Ambani invited us to the wedding of their son Anil to Tina Munim in Bombay. In January 1991, just prior to the explosion in car ownership that in later winters kept the midday warmth trapped in a throat-tearing haze overnight, it was bitterly cold most of the time in Delhi. Our furniture had still not arrived-a day of negotiations about the duty payable lay ahead at the Delhi customs office where the container was broken open and inspected-and we camped on office chairs and fold-up beds, wrapped in blankets. The Indian story was also in a state of suspension, waiting for something to happen. The Gulf War, which we watched at a big hotel on this new thing called satellite television, was under- cutting many of the assumptions on which the Congress Party’s family dynasty, the Nehrus and Gandhis, had built up the Indian state. The Americans were unleashing a new generation of weap- ons on a Third World regime to which New Delhi had been close; its Soviet friends were standing by, even agreeing with...

Words: 104665 - Pages: 419

Free Essay

Yoyo

... Growth is Energy Growth is Value Growth is Happiness Growth is Life... Late Shri Dhirubhai Ambani Founder Chairman G rowth, in all its facets, has been a distinguishing factor at Reliance, ever since our inception. Our philosophy envisions growth as a universal concept, that represents multiple possibilities and touches all aspects of life. This explains why we have put in motion some of the most ambitious plans, aligned to the needs of India as it develops into a world-force. The continuing expansion of our key business verticals places us at a vantage point with reference to the aspirations of India. We have taken strategic decisions in key areas that will drive our growth and also create better outcomes for our youthful nation. Strategy at Reliance is about making prudent choices, balancing risks and return, building competitive advantages and envisioning the future through the power of innovation. Innovation has always been a cornerstone of our operations. It has enabled us to make significant technology-driven breakthroughs that add value to existing businesses, and create new ones. We are partnering with leading global institutions renowned for excellence to strengthen our experience and expertise. From the manufacturing landscape to high-growth consumer service sectors, Reliance is making progress possible each day. We are helping the country meet its growing energy demand in a safe and responsible manner, creating value for society through our retail and telecom...

Words: 139585 - Pages: 559

Free Essay

Dhirubhai Ambani

...NTRODUCTION: AN INVITATION TO BOMBAY The envelope was hand-delivered to our house in Golf Links, Tan enclave in New Delhi whose name captured the clubbable lifestyle of its leisured and propertied Indian residents, soon after we had arrived in the middle of a north Indian winter to begin a long assignment. It contained a large card, with a picture embossed in red and gold of the elephant-headed deity Ganesh, improbably carried on the back of a much smaller mouse. Dhirubhai and Kokilaben Ambani invited us to the wedding of their son Anil to Tina Munim in Bombay. In January 1991, just prior to the explosion in car ownership that in later winters kept the midday warmth trapped in a throat-tearing haze overnight, it was bitterly cold most of the time in Delhi. Our furniture had still not arrived-a day of negotiations about the duty payable lay ahead at the Delhi customs office where the container was broken open and inspected-and we camped on office chairs and fold-up beds, wrapped in blankets. The Indian story was also in a state of suspension, waiting for something to happen. The Gulf War, which we watched at a big hotel on this new thing called satellite television, was under- cutting many of the assumptions on which the Congress Party’s family dynasty, the Nehrus and Gandhis, had built up the Indian state. The Americans were unleashing a new generation of weap- ons on a Third World regime to which New Delhi had been close; its Soviet friends were standing by, even agreeing with...

Words: 103700 - Pages: 415

Free Essay

A Study on Reliance Retail Supply Chain Operations

...A Study on Reliance Retail Supply chain Operations Operations Management-Assignment MBA- 1st Semester, Sec-‘B’ Submitted by George Vincent Table of Contents 2 BACKGROUND OF RETAIL 2 3 COMPANY PROFILE 5 3.1 RELIANCE RETAIL LIMITED 5 3.2 THE RELIANCE EMPIRE 5 3.3 BACKGROUND 10 4 A GLANCE AT EXISTING RELIANCE 12 5 “FARM TO FORK” 13 6 SUPPLY CHAIN MODELS 14 6.1 RELIANCE FRESH: (MODEL 1) 14 6.2 UPDATED POLICY 16 6.3 WHOLESALE TRADING (WST): (MODEL 2) 17 BACKGROUND OF RETAIL India is a land of retail democracy- hundreds of thousands of weekly haats and bazaars are located across the length and breadth of our country by people’s own self-organizational capacities. Our streets are bazaars – lively, vibrant, safe and the source of livelihood for millions. India has the highest shop density in the world, with 11 outlets per 1000 people. This does not include the village haats. Our retail democracy is characterized by 1. High levels of livelihoods in retail with nearly 40 million employed which accounts for 8% of the employment and 4% of the entire population. 2. High levels of self - organization. 3. Low capital input 4. High levels of decentralization Retail in India has started with the concept of weekly markets, where all the traders gather at one big place to sell their products every week. The people come to these weekly markets to buy the household items for the next one week. Village fairs and melas were also common...

Words: 2818 - Pages: 12

Free Essay

Reliance Strategies for Success

...RELIANCE: STRATEGIES FOR SUCCESS Dhirubhai Ambani evokes strong reactions from people but nobody can be indifferent to his achievements. To the many happy shareholders of Reliance, he is good enough to deserve the Bharat Ratna and at the other extreme he is vehemently reviled for his business methods. On being criticized on his modus operandi of openly using political influence for corporate gain, Dhirubhai has repeatedly asserted: ''That is only a minor element of our work. Why not focus on the major portion related to implementation, where so many organizations goof up?'' He adds: ''I give least importance to number one. I was nothing but a small merchant but I reached this level here. I consider myself fortunate to be in this position, but I have no pride. I am as I was.'' [pic]Reliance is globally admired for its rapid and time-bound implementation methods and those are where lateral thinking is employed to the maximum. Reliance executives are constantly encouraged to think out-of-the-box, rather than traditionally or sequentially. The top bosses themselves have this tremendous ability to think laterally and look at business as a series of processes as illustrated by their quotes: ''The leadership of Reliance Industries has always shunned incremental thinking,'' says Anil Ambani, MD of the Reliance group. Older brother Mukesh Ambani says: ''We workin concentric circles, rather than in straight ranks, but there's always a center of accountability. We don't believe...

Words: 979 - Pages: 4

Free Essay

Dhirubhai & Reliance

...Dhirubhai Ambani and Reliance "Our dreams have to be bigger. Our ambition higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India." - Dhirubhai Ambani. "The country has lost an iconic proof of what an ordinary Indian fired by the spirit of enterprise and driven by determination, can achieve in his own lifetime. Not only did Ambani build a large and diversified business conglomerate but also inspired many first generation entrepreneurs with his success." - Atal Bihari Vajpayee, Prime Minister, Republic of India. "Dhirubhai built an empire that is rock solid and he will always remain an icon." - Kumar Mangalam Birla, Chairman, Aditya Vikram Birla Group. The Death of an Icon The 6th of July 2002 was a black day in the Indian corporate history. The Founder and Chairman of the Reliance group of Industries (Reliance), Dhirajlal Hirachand Ambani (Dhirubhai) died after a 13 day battle for survival. A perfect combination of entrepreneurship and leadership, Dhirubhai transformed Reliance from a company with a turnover of Rs 640 million in 1976, to one with a turnover of Rs 620 billion in 2002. Starting with a small textile mill in Naroda, in 1966, Dhirubhai took Reliance into various areas like petrochemicals, polyester filament yarn, oil and gas exploration and production, refining and marketing of petroleum, textiles, power, telecom services, information management and financial services (Refer Exhibit I for Reliance Group of Companies)...

Words: 4105 - Pages: 17

Free Essay

Weeklu Business Digest

...2009 Weekly Business Digest Week ending July 5, 2009 [TYPE THE DOCUMEN T TITLE] [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the Networth – Everything finance document.] The Finance Club of IIMB 05/07/2009 Table of Contents India Business News World Business News Food For Thought INDIA BUSINESS NEWS Indian Stocks Advance, Driving Sensex Higher for a Second Week India’s stocks rose, driving the benchmark index higher for a second week, led by Larsen & Toubro Ltd. (L&T), after the government pledged investment in the nation’s railways and left freight and passenger fares unchanged. L&T, the largest engineering company, added 2.6%. Tata Steel Ltd., the biggest producer of the metal, increased 4.2% on speculation it will avoid higher costs to transport raw materials after the government announced the railway budget. on June 15, the Bombay High Court had ordered RIL to sell the gas for 44% less than the government-set price. Indian business in declined 20%: FICCI Gulf has ABG Plans to Raise $150 Million to Fund Expansion ABG Shipyard Ltd., bidding for control of Great Offshore Ltd., plans to raise $150 million to fund expansion, reviving a proposal from April last year. ABG, which originally sought to raise $200 million, will seek shareholder approval for the new plan on July 7, Chief...

Words: 2245 - Pages: 9

Free Essay

International Business Anlysis

...Introduction Foreign Market Entry Modes The decision of how to enter a foreign market can have a significant impact on the results. Expansion into foreign markets can be achieved via the following modes: ▪ Exporting (Direct/ Indirect Exporting) ▪ Licensing/ Franchising ▪ Contract Manufacturing ▪ Management contract ▪ Assembly Operation ▪ Fully Owned Manufacturing Facility ▪ Joint Venture ▪ Mergers & Acquisitions ▪ Strategic Alliance ▪ Third Country Location ▪ Counter Trade ▪ Direct investments Heading : Mahindras Take a Giant Leap with Insurance Arm Deal By : Satish John, Mumbai. Date : 21st Septermber 2012 News Paper : Economic Times Us-based LeapFrog’s purchase of 15% in a key Mahindra & Mahindra Group subsidiary hasgiven the auto to tourism group several fold returns on its original investment and the third such high return investment for its investors in less than a decade. LeapFrog, the world’s largest insurance investor for low-income customers on Thursday said ti would buy a 15% stake in Mahindra Insurance Brokers for Rs. 80.41 Crore. This firm which is subsidiary of the much bigger and better know M&M Financial services was started in 2004 for a measly Rs. 50 Lakh.The LeapFrong purchase values the firm at Rs. 520 crore. LeapFrog specfialises in investing in companies that cater to rural markets.”We feel very proud that we invested Rs. 50 Lakh and today...

Words: 10651 - Pages: 43

Free Essay

Investment Analysis

...Introduction: 3 3.0. Advantages of frequency distribution: 3 4.0. Analysis of returns of Reliance industries limited 4 3.1 Analysis of return of ONGC: 5 3.2 Analysis of return of Bharti Airtel: 6 4. Measurement of central tendency: 6 4.1 Mode: 7 4.2 Median: 7 4.3 Mean 7 5. Conclusion: 8 REFERENCES 10 1.0. Introduction: Generally shares are issued in the primary market and new issued shares are traded in the secondary market. BSE and NSE are two renowned stock exchanges which plays an important role in Indian stock market. Most of the big companies in India are listed in these stock exchanges. The companies are enlisted with these stock exchanges as per rules and regulation specified by particular stock exchanges (Greer and Kolbe, 2008). In Indian context the company distributes the shares in lieu of capital with the help of these stock exchanges. It is an essential pillar of private sector companies. Mallin and Ow–Yong (2009) commented that capital formation is the main function of stock exchanges. Beside the main function stock exchanges in India do lots of work. It provides a place where all the securities are traded. Security market provides a linkage between saving sector and corporate sector. Stock market generally provides the all the information about price and trading of the securities altogether. The author selects three big companies i.e. Reliance industries ltd, ONGC, Bharti Airtel Ltd, to compare as required in the assignment. In this report...

Words: 2176 - Pages: 9

Premium Essay

Self-Reliance

...Sanaya Williams PH-221 Professor Bradley Final Paper- Ralph Waldo Emerson Self-Reliance “Self- Reliance” is considered one of Ralph Waldo Emerson’s best-known essays. The essay was first published in 1841 in his collection, Essays: First Series. This essay contains the most thorough statement of Emerson’s emphasis on the need for individuals to avoid conformity and false consistency, and instead follow their own instincts and ideas. This essay shows Emerson’s ways for making and translating classical philosophy and turning it to comprehensible language, and signifying its relevance to everyday life. It is broken into three sections: the value of and barriers to self-reliance, self-reliance and the individual, and self-reliance and society. The Value of and Barriers to Self-Reliance was my favorite section. Emerson began his essay with the assertion, “To believe in your own thought, to believe that what is true for you in your private heart is true for all men.” This one statement summed up what I thought self-reliance was which was the reliance upon one’s own thoughts and ideas. In this section Emerson argues that people such as Plato are held at the highest regard simply because they spoke what they thought. Plato did not rely on the words of someone else, books, or tradition. Emerson explained that another barrier for self-reliance is the fear of our own consistency. A quote that went along with his example would be “a reverence for our past act for computing out...

Words: 650 - Pages: 3

Free Essay

Self-Reliance

...“Self-Reliance” Imagine someone in this world today who doesn’t have self-reliance. Self-reliance is very important to a man or woman’s confidence. The difference between being self-reliant and not self-reliant can also be the difference between someone who makes a difference in this world versus someone who is a bystander. Even a person who doesn’t make a huge difference in this world can live a less stressful life by being self-reliant. The opposite of this is someone who conforms to everyone else’s behaviors and doesn’t have a strong opinion or impact of this or her own. In order to live a successful life one needs to be self-reliant. Along with these self-reliance a person will also live with inner peace and happiness, trusting his or her self.of self-reliance. Emerson makes some very good points about non-conformity and the negatives that can come with it. In Emerson’s “Self-Reliance” essay, he believes that self-reliance is the unbreakable trust in one’s own intuitions. He states this when he says, “To believe your own thought, to believe that what is true for you in your private heart is true for all men,—that is genius” (3). He believes that if a person believes that his or her belief is true for everyone, then that person is self-reliant, and in his eyes, that makes this person a genius. Emerson also believes that it can be hard to be self-reliant because of today’s world and the harsh society that it harbors. An example of this is when he says, “For non-conformity...

Words: 1621 - Pages: 7

Free Essay

Dhiru Bhai Ambani

...History of Dhiru Bhai Ambani Introduction * Dhirubhai Ambani is referred as India's "Businessman of the Century". Founder of Reliance Group India. Childhood * Dhirubhai Ambani (Dhirajlal Hirachand Ambani) was born on 28 December 1932, at Chorwad, Junagadh in the now state of Gujarat (India). * Parents Name: Hirachand Gordhanbhai Ambani and Jamnaben. Entrepreneurship * Dhirubhai was the second son of a school teacher and started his entrepreneurial career by selling "pakora" to pilgrims in Mount Girnar. * At the age of 17, Dhirubhai went to Aden (now part of Yemen) and worked for A. Besse & Co. Ltd., the sole selling distributor of Shell products. * Two years later Dhirubhai was promoted to manage the company’s filling station at the port of Aden. * In the year 1958,Dhirubhai Ambani returned to Mumbai and started his first company, Reliance Commercial Corporation, a commodity trading and export house. * The first office was set up at the Narsinathan Street in Masjid Bunder. It was a 350 Sq.in partnership with Champaklal Damani. * In the year 1965, Dhirubhai Ambani started his own company. * In the year 1966, as a first step in Reliance's highly successful strategy of backward integration, he started the textile mill in Naroda, Ahmedabad. * Textiles were manufactured using polyester fibre yarn. Dhirubhai started the brand "Vimal". * Dhirubhai diversified his business with the core specialisation being in...

Words: 2830 - Pages: 12

Free Essay

Independent

...Drew Phillips Mrs. Moye M/W 10:30 AM December 1, 2012 Being Nobody But Myself An independent person is someone who supports him or herself and is forced to accomplish his or her own responsibilities unaided. A person who is dependent is better known for constantly relying on others for help. Always depending on others causes an individual to lack self-reliance and self-sufficiency. I can shamefully admit that, as a child, I was extremely dependent on everyone around me for everything I did. I was most dependent on my family, including my mom, dad, sister, and cousins. From age ten to twelve I became extremely needy that I started to develop severe laziness. I was so lazy that one day I had asked my cousin to make me a peanut butter and jelly sandwich, to which she replied no and demanded I make it myself. The only response my sluggish mind could utter was, “But I do not know how to make a peanut butter and jelly sandwich,” which was an absolute lie. It was as if I began to view my family as my servants. Rarely would I do anything for myself. All I had to say was “I want this” and it would become mine. I was given money, clothes, toys, and food whenever I wanted. I developed into an incompetent child. When I turned thirteen years old, my parents started to act stricter and enforced more rules. This was a turning point in my life because I finally understood that I could not be successful in life by relying on anyone else but myself. From that moment on, I focused all my...

Words: 533 - Pages: 3

Premium Essay

Strategy

...Telecom Industry in India 1. INDUSTRYOVERVIEW 1.1 Background The Indian Telecommunications network is the third largest in the world and the second largest among the emerging economies of Asia. Today, it is the fastest growing market in the world. The telecommunication sector continued to register significant success during the year and has emerged as one of the key sectors responsible for India’s resurgent India’s economic growth. 1.1.1 Growth This rapid growth has been possible due to various proactive and positive decisions of the Government and contribution of both by the public and the private sector. The rapid strides in the telecom sector have been facilitated by liberal policies of the Government that provide easy market access for telecom equipment and a fair regulatory framework for offering telecom services to the Indian consumers at affordable prices. 1.1.2 Wireline Vs Wireless It has also undergone a substantial change in terms of mobile versus fixed phones and public versus private participation. The preference for use of wireless phones has also been predominant in the sector. Participation of the private entities in the telecom sector is rapidly increasing rate there by presenting the enormous growth opportunities. There is a clear distinction between the Global Satellite Mobile Communication (GSM) and Code Division Multiple Access (CDMA) technologies used and the graph below shows the divide between the two. 1.2 Segment wise Status 1.2.1 Wireline Services...

Words: 3710 - Pages: 15