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18 December 2020 Reliance and Bp Announce First Gas from Asia's
18 December 2020 Reliance and bp announce first gas from Asia’s deepest project • Commissioned India's first ultra-deepwater gas project • First in trio of projects that is expected to meet ~15% of India’s gas demand and account for ~25% of domestic production Reliance Industries Limited (RIL) and bp today announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. RIL and bp are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet ~15% of India’s gas demand by 2023. These projects will utilise the existing hub infrastructure in KG D6 block. RIL is the operator of KG D6 with a 66.67% participating interest and bp holds a 33.33% participating interest. R Cluster is the first of the three projects to come onstream. The field is located about 60 kilometers from the existing KG D6 Control & Riser Platform (CRP) off the Kakinada coast and comprises a subsea production system tied back to CRP via a subsea pipeline. Located at a water depth of greater than 2000 meters, it is the deepest offshore gas field in Asia. The field is expected to reach plateau gas production of about 12.9 million standard cubic meters per day (mmscmd) in 2021. Mukesh Ambani, chairman and managing director of Reliance Industries Limited added: “We are proud of our partnership with bp that combines our expertise in commissioning gas projects expeditiously, under some of the most challenging geographical and weather conditions. -
Reliance Online Complaint Register
Reliance Online Complaint Register Swadeshi Tremaine noting, his nimbostratus desulphurising languish heftily. Listless and energizing Adnan bastinado: which Vince is unhealable enough? Unshifting and olfactory Tobit necrotised her logograph concern while Leon pules some turaco impersonally. We are more such other media and complaint online Complaints must tell us immediately call center also enquired whether i can mail that has been filed complaints will initially they will not response after conducting appropriate analysis of. RELIANCE JIO CUSTOMER call NUMBER COMPLAINT. Welcome To Xpress Care xpresscareRcomcoin Reliance. Call once our recreation center edge or email to free support. The app gives retailers access to Jio's entire customer associate said by senior police. Mukesh Ambani Education Mukesh Ambani holds a Bachelor's working in Chemical Engineering from the Institute of Chemical Technology He got admitted at Stanford University to specific an MBA but drops out to entire his father build Reliance. The manned guarding is the biggest segment in the security space game the leaf with about 0 of the market share. 'Boycott Jio' Reliance accuses Airtel Voda Idea of 'unethical. Reconnect Customer Care Number they Split Air Conditioner Window AC. The insurance Ombudsman may out and encompass any complaints under Rule 12 13 of. Live bride with Us Contact Us For Any Assistance Jio. 34 Where can support call for any query the register a complaint. The first stick in filing a least is where complete a carbon form into our online submission system. Jio Customer Care service Toll notice Number Reliance Jio. Complaints are good way to refuse at any security vulnerability, showing as no delivery received reliance online complaint register now nothing has a hopeless. -
Reliance Industries Limited: Ratings Reaffirmed, Rating Assigned to Fresh Non-Convertible Debentures; Ratings Reaffirmed
April 01, 2020 Reliance Industries Limited: ratings reaffirmed, Rating assigned to fresh non-convertible debentures; ratings reaffirmed Summary of rating action Instrument* Previous Rated Current Rated Rating Action1 Amount Amount (Rs. crore) (Rs. crore) Non-Convertible Debenture - 17,000 [ICRA]AAA (Stable); assigned Programme Non-Convertible Debenture 40,000 40,000 [ICRA]AAA (Stable); reaffirmed Programme Commercial Paper 10,000 10,000 [ICRA]A1+; reaffirmed Total 50,000 67,000 *Instrument details are provided in Annexure-1 Rationale Pursuant to the Scheme of Arrangement amongst Reliance Jio Infocomm Limited (RJIL) and certain classes of its creditors (the “Scheme”) as sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, vide its order dated March 13, 2020, Reliance Industries Limited (RIL) has assumed the NCDs (Rs. 17,000 crore) issued by RJIL. The ratings favourably take into account the robust financial profile of the company reflected by healthy profitability, strong debt protection metrics, low working capital intensity and moderate leverage levels. The ratings also factor in the company’s exceptional financial flexibility derived from its healthy liquid investment portfolio and superior fund-raising ability from the domestic and global banking as well as the capital markets. In FY2019, RIL completed certain large-scale expansions in the petrochemicals segment, including the refinery off-gas cracker and the petcoke gasification project in the refining segment. These projects are expected to generate healthy returns for RIL in the medium term. In FY2020, RIL announced signing of a non-binding agreement with Saudi Arabian Oil Company (Saudi Aramco) for sale of a 20% stake in RIL’s Oil-to-Chemicals (O2C) business (i.e. -
Press Release Reliance Industries Limited
Press Release Reliance Industries LImited March 30, 2020 Ratings Amount Facilities Rating1 Rating Action (Rs. crore) CARE AAA; Non-Convertible Debentures 10,386 Stable(Triple A; Assigned Outlook: Stable) Details of instruments/facilities in Annexure-1 Other Ratings Instruments Amount (Rs.Crore) Ratings Non-Convertible Debenture 40,000 CARE AAA; Stable Commercial Paper 34,500 CARE A1+ Detailed Rationale& Key Rating Drivers On March 18, 2020, the company announced that the Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench has approved the Scheme, for transfer of certain identified liabilities from Reliance Jio Infocomm Limited (RJIL; rated CARE AAA; Stable/ CARE A1+, CARE AAA (CE); Stable) to Reliance Industries Limited (RIL). Pursuant to the Scheme of Arrangement amongst RJIL and certain classes of its creditors (the “Scheme”) as sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, vide its order dated March 13, 2020, RIL has assumed the NCDs issued by RJIL. The rating continues to factor in the immensely experienced and resourceful promoter group, highly integrated nature of operations with presence across the entire energy value chain, diversified revenue streams, massive scale of downstream business with one of the most complex refineries, established leadership position in the petrochemical segment as well as strong financial risk profile characterized by robust capital structure, stable cash flows and healthy liquidity position. The rating also factors in the increasing wireless subscriber base which has led its digital services business to attain a leadership position in the industry as well as the various steps announced by the management to reduce the debt on a consolidated level. -
Admission Brochure 2021-22
An Institution of National Importance by an Act of Parliament ADMISSION BROCHURE 2021-22 Est. in 2016 by Ministry of Education (Formerly Ministry of Human Resource Development) Government of India INDIAN INSTITUTE OF INFORMATION TECHNOLOGY, NAGPUR (IIITN) is one of the 20 Indian Institutes of Information Technology established under Public-Private Partnership Scheme by Ministry of Human Resource Development, Government of India. IIITN has been declared as an “Institution of National Importance” under the provisions of Indian Institute of Information Technology (Public-Private Partnership) Act, 2017. The Institute started functioning during the year 2016-17 and operating from its permanent campus in Nagpur under the aegis of Department of Higher Education, Ministry of Education and is supported by Department of Higher Education, Government of Maharashtra and Tata Consultancy Services, Mumbai as Industry Partner. Institute’s Mandate One of the main objectives of the Institute is to develop competent and capable youth imbued with the spirit of innovation and entrepreneurship with the social and environmental orientation to meet the knowledge needs of the country and provide Global Leadership in Information Technology & Allied Fields. Institute’s Vision The Institute aspires to attain the status of a top-notch Institution in Information Technology and Allied Fields and to emerge as an elite Research Institution by imparting futuristic quality education of Global Standards to corroborate the status of an “Institution of National Importance”. Institute’s Mission To undertake socially relevant, industry oriented In-House Research & Development Programmes as well as to undertake cutting-age research through Public-Private Participation in Information Technology & Allied Fields. -
Digital Payments Take Off in India December 9, 2016
DIGITAL PAYMENTS TAKE OFF IN INDIA DECEMBER 9, 2016 SUMMARY ABOUT ASG On November 8, Prime Minister Narendra Modi announced that at the stroke of Albright Stonebridge Group midnight, currency notes of Rs. 500 and Rs. 1,000 denominations would cease to be (ASG) is a leading global legal tender. business strategy firm. We help clients understand and Following the announcement, digital payments through credit and debit cards as well successfully navigate the as digital wallets have accelerated, and the government is continuing its push to economic, political, and decrease cash payments in the economy. social landscape in international markets. The government has announced incentives including waiving service taxes on ASG’s worldwide team of digital payments, discounts on purchases (petrol, railway tickets, highway tolls), commercial diplomats has and more. served clients in more than 110 countries. Over 12.6 trillion rupees ($185 billion) have been deposited into bank accounts since the government’s announcement on November 8. ALBRIGHTSTONEBRIDGE.COM GDP growth is expected to suffer in the short-run, according to S&P and Moody’s. Shortage of card-reading machines has been a boon for mobile payments companies. The Reserve Bank of India has waived off two-factor authentication requirements to transactions valued under Rs. 2,000. The Finance Ministry has announced plans to make all payments above Rs. 5,000 by government departments to contracts via electronic payments. A high-level committee of chief ministers has been formed to develop a roadmap for increased use of digital payments in the economy. The government is working on an upgraded Unified Payments Interface for banks to increase ease of use and security across the network. -
Reliance Mart Is One Such Subsidiary
CHAPTER 1 INTRODUCTION The Reliance Group founded by Dhirubhai H.Ambani (1932-2002), is India’s largest private sector enterprise, with businesses in the energy and materials value chain. The company Reliance Industries Limited was co-founded by Dhirubhai Ambani and his brother Champaklal Damani as Reliance Commercial Corporation. In 1965 the partnership was ended and DhiruBhai continued. Reliance was established as a textile concerns in the year 1966. This company followed a diversified a diversification strategy since its inception. It vertically integrated. This resulted in formation of many subsidiaries. Reliance Mart is one such subsidiary. Reliance Mart is a part of the Reliance Industries is actually the largest conglomerate in India. Reliance mart is the subsidiary company of Reliance Industries. Founded in 2006 and based in Mumbai, It is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel and footwear, lifestyle and home improvement products, electronic goods and farm implements and inputs. The company’s outlets also provide vegetables, fruits and flower. It focuses on consumer goods, consumer durables, travel services, energy, entertainment and leisure, and health and well being products, as well as on educational products and services. Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration – in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production – to be fully integrated along the materials and energy value chain. The group’s activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediaries, plastics and chemicals), Textiles, retail and special economic zones. -
Tpg to Invest ₹ 4,546.80 Crore in Jio Platforms Tpg's Deep
TPG TO INVEST ₹ 4,546.80 CRORE IN JIO PLATFORMS TPG’S DEEP CAPABILITIES IN TECH INVESTING TO SUPPORT JIO’S INITIATIVES TOWARDS DEVELOPING THE DIGITAL SOCIETY JIO PLATFORMS FUND RAISING FROM MARQUEE GLOBAL TECHNOLOGY INVESTORS CROSSES ₹ 1 LAKH CRORE Mumbai, June 13, 2020: Reliance Industries Limited (“Reliance Industries”) and Jio Platforms Limited (“Jio Platforms”), India’s leading digital services platform, announced today that global alternative asset firm TPG will invest ₹ 4,546.80 crore in Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. The investment will translate into a 0.93% equity stake in Jio Platforms on a fully diluted basis for TPG. With this investment, Jio Platforms has raised ₹ 102,432.45 crore from leading global technology investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, and TPG since April 22, 2020. Jio Platforms, a wholly-owned subsidiary of Reliance Industries, is a next-generation technology platform focused on providing high-quality and affordable digital services across India, with more than 388 million subscribers. Jio Platforms has made significant investments across its digital ecosystem, powered by leading technologies spanning broadband connectivity, smart devices, cloud and edge computing, big data analytics, artificial intelligence, Internet of Things, augmented and mixed reality and blockchain. Jio Platforms’ vision is to enable a Digital India for 1.3 billion people and businesses across the country, including small merchants, micro-businesses and farmers so that all of them can enjoy the fruits of inclusive growth. TPG is a leading global alternative asset firm founded in 1992 with more than $79 billion of assets under management across a wide range of asset classes, including private equity, growth equity, real estate and public equity. -
Jio Platforms Limited 1
JIO PLATFORMS LIMITED 1 Jio Platforms Limited Financial Statements 2020-21 2 JIO PLATFORMS LIMITED INDEPENDENT AUDITORS’ REPORT To The Members of Jio Platforms Limited Report on the Audit of the Standalone Financial Statements Opinion We have audited the accompanying standalone financial statements of Jio Platforms Limited (“the Company”), which comprise the Balance Sheet as at 31st March, 2021 the Statement of Profit and Loss including Other Comprehensive Income, the Statement of Changes in Equity and the Statement of Cash Flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies and other explanatory information (hereinafter referred to as “standalone financial statements”). In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Companies Act, 2013 (“the Act”) in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at 31st March, 2021, its profit including total comprehensive income, the statement of changes in equity and its cash flows for the year ended on that date. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditor’s Responsibility for the Audit of the Standalone Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the standalone financial statements under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. -
Reliance Industries and Reliance Communications Sign Telecom Tower Pact
Reliance Industries and Reliance Communications Sign Telecom Tower Pact The Ambani brothers have signed a mega deal to share mobile telecom towers. The agreement would permit Reliance Jio Infocomm, a subsidiary of Mukesh Ambani's, Reliance Industries Limited to rent 45000 telecom towers of Anil's Reliance Communications for a period of 15 years. Reliance Jio Infocomm will pay Rs. 12000 crores to Reliance Communication for this lease, which translates to around Rs. 14000-15000 per tower per month. The deal is a win-win for both the companies as it provides a regular income stream for Reliance Comunications and a quicker and economical network capability to Reliance Jio Infocomm when it rolls out its 4G services. Reliance Jio Infocomm could commence occupying some of the towers in the next six months. As per the market sources, Reliance Jio Infocomm did a hard bargain as the prevailing market rental value for a telecom tower ranges around Rs. 25000 - 30000 per month. Reliance Communication will use a large part of the proceeds to retire debt. It has an outstanding debt of around Rs 39,000 crores. This is the second telecom business deal between the two Ambani brothers. Earlier, in April this year these two companies had signed a Rs. 1200 crore pact to share the optic fibre network for carrying call traffic across the country. According to Gurdeep Singh - chief executive (mobility), Reliance Communications, it is possible that these two firms will sign more deals that are mutually beneficial. Synergies in telecom operations appear to have brought the two family factions together. -
Jio & Sbi Collaborate to Deepen Digital Partnership
MEDIA RELEASE JIO & SBI COLLABORATE TO DEEPEN DIGITAL PARTNERSHIP SBI YONO to integrate with Reliance MyJio platform Jio Prime to accelerate digital transactions by SBI customers Jio to offer special connectivity and devices solutions for SBI customers Mumbai, 2nd August 2018: Post operationalization of Jio Payments Bank (a 70:30 JV between RIL and SBI) Jio and SBI are deepening their partnership to bring next generation bilateral frictionless experience with exclusive digital Banking, Payments and Commerce journeys for their customers. Jio and SBI are entering into a digital partnership aimed to increase SBI’s digital customer base multi-fold. SBI YONO is a revolutionary omni channel platform offering digital banking, commerce and financial superstore services to customers. YONO’s digital banking features and solutions will be enabled through the MyJio platform for a seamless, integrated and superior customer experience. MyJio, one of India’s largest over-the-top (OTT) mobile applications will now bring in financial services capabilities of SBI and Jio Payments Bank. Jio and SBI customers will benefit from Jio Prime, a consumer engagement and commerce platform from Reliance. Jio Prime will offer exclusive deals from Reliance Retail, Jio, partner brands and merchants. In addition, with an integration between SBI Rewardz (existing loyalty program from SBI) and Jio Prime, customers of SBI will be offered additional loyalty reward earning opportunities as well as broader redemption within Reliance, Jio and other online and physical partner ecosystems. SBI will be engaging Jio as one of its preferred partners for designing and providing network and connectivity solutions. Jio’s highest quality network in urban and rural regions will allow SBI to launch customer centric services such as video banking and other on-demand services. -
Active Member List
NDS-CALL MEMBER LIST S.No Category of Participants No of Participants I BANKS a PUBLIC SECTOR BANKS 10 b PRIVATE SECTOR BANKS 17 c FOREIGN BANKS 32 d CO-OPERATIVE BANKS 48 e PAYMENTS BANK 6 f SMALL FINANCE BANK 10 II BANKS CUM PRIMARY DEALERS 11 III PRIMARY DEALERS 7 TOTAL ACTIVE NDS-CALL MEMBERS 141 NAME OF PARTICIPANTS I BANKS a PUBLIC SECTOR BANKS 1 BANK OF INDIA 2 BANK OF MAHARASHTRA 3 CENTRAL BANK OF INDIA 4 INDIAN BANK 5 INDIAN OVERSEAS BANK 6 PUNJAB AND SIND BANK 7 PUNJAB NATIONAL BANK 8 STATE BANK OF INDIA 9 UCO BANK 10 UNION BANK OF INDIA b PRIVATE SECTOR BANKS 1 BANDHAN BANK LIMITED 2 CITY UNION BANK LIMITED 3 DCB BANK LIMITED 4 DHANLAXMI BANK LIMITED 5 ICICI BANK LIMITED 6 IDBI BANK LIMITED 7 IDFC FIRST BANK LIMITED 8 INDUSIND BANK LIMITED 9 TAMILNAD MERCANTILE BANK LTD. 10 THE CATHOLIC SYRIAN BANK LTD. 11 THE FEDERAL BANK LIMITED 12 THE JAMMU AND KASHMIR BANK LTD. 13 THE KARNATAKA BANK LTD. 14 THE KARUR VYSYA BANK LTD. 15 RBL BANK LIMITED 16 THE SOUTH INDIAN BANK LIMITED 17 YES BANK LIMITED c FOREIGN BANKS 1 ABU DHABI COMMERCIAL BANK 2 AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 3 BANK INTERNASIONAL INDONESIA 4 BANK OF BAHRAIN AND KUWAIT B.S.C 5 BANK OF CEYLON 6 BARCLAYS BANK PLC 7 BNP PARIBAS 8 COOPERATIEVE RABOBANK U.A. 9 CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK 10 CREDIT SUISSE AG 11 CTBC BANK CO. LTD. 12 DBS BANK INDIA LTD.