DOCSLIB.ORG

Sustainbility Report 10-11 V-19

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sustainbility Report 10-11 V-19 New Businesses. New Technologies. New Partnerships. 2010-11Sustainability Report GRI CHECKED A+ CONTENTS 1. New Businesses. New Technologies. New Partnerships. 02 2. CMD’s Message 06 3. Company Profile 10 4. Report Scope 12 5. Our Vision, Mission and Values 14 6. Our Strategy & Roadmap 16 7. Corporate Governance 18 8. Management Systems 23 9. Disclosure on Management Approach 26 10. Communication and Engagement 28 11. Performance on Commitments 32 12. Awards and Recognitions 34 13. Performance Review 38 l Economic Performance 44 l Energy Security 46 l Growth through Innovation 52 l Health & Safety 55 l Environment 58 l Product Responsibility 62 l Social Institution Building 64 14. Assurance Statement 76 15. GRI’s Application Level 78 Sustainability Report 16. Content Index – GRI/IPIECA/UNGC/WBCSD 80 2 0 1 0 - 1 1 17. Abbreviations 93 Registered Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai 400 021, India. Tel.: +91-22-2278 5000 Fax: +91-22-2278 5111 http://www.ril.com Dhirubhai H. Ambani Founder Chairman GRI CHECKED A+ CONTENTS 1. New Businesses. New Technologies. New Partnerships. 02 2. CMD’s Message 06 3. Company Profile 10 4. Report Scope 12 5. Our Vision, Mission and Values 14 6. Our Strategy & Roadmap 16 7. Corporate Governance 18 8. Management Systems 23 9. Disclosure on Management Approach 26 10. Communication and Engagement 28 11. Performance on Commitments 32 12. Awards and Recognitions 34 13. Performance Review 38 l Economic Performance 44 l Energy Security 46 l Growth through Innovation 52 l Health & Safety 55 l Environment 58 l Product Responsibility 62 l Social Institution Building 64 14. Assurance Statement 76 15. GRI’s Application Level 78 Sustainability Report 16. Content Index – GRI/IPIECA/UNGC/WBCSD 80 2 0 1 0 - 1 1 17. Abbreviations 93 Registered Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai 400 021, India. Tel.: +91-22-2278 5000 Fax: +91-22-2278 5111 http://www.ril.com Dhirubhai H. Ambani Founder Chairman NEW Businesses Technologies Partnerships When you incorporate sustainable business practices into the very DNA of an organization, every new business opportunity is also an opportunity to make a difference to the environment, nay, the humanity as a whole. We, at Reliance, are investing significant resources in order to retain our global leadership position in the manufacturing sector, in a cost-competitive and environment-friendly way. We continuously strive to create innovative products and services for our customers the world over through strategic partnerships and alliances that not only help us gain access to new domains, new markets, products and competencies but also bring a smile on the faces of all our stakeholders. We are investing in technology to create new businesses of the future and for the future. India is a nation of billion opportunities and aspirations. We symbolise the Indian Businesses. opportunity – in creating unprecedented value for millions of Indians in their endeavour to access world-class products and services. Technologies. Partnerships. NEW Businesses Technologies Partnerships When you incorporate sustainable business practices into the very DNA of an organization, every new business opportunity is also an opportunity to make a difference to the environment, nay, the humanity as a whole. We, at Reliance, are investing significant resources in order to retain our global leadership position in the manufacturing sector, in a cost-competitive and environment-friendly way. We continuously strive to create innovative products and services for our customers the world over through strategic partnerships and alliances that not only help us gain access to new domains, new markets, products and competencies but also bring a smile on the faces of all our stakeholders. We are investing in technology to create new businesses of the future and for the future. India is a nation of billion opportunities and aspirations. We symbolise the Indian Businesses. opportunity – in creating unprecedented value for millions of Indians in their endeavour to access world-class products and services. Technologies. Partnerships. What is good for INDIA is good for the WORLD What is good for INDIA is good for the WORLD create a robust business model encapsulating sustainable development through continuous innovation, business transformation and implementation of system-based business processes, apart from factors such as global economic recovery, and a strong demand for its products and CMD’s services linked to a better quality of life. M e s s a g e Consequently, we were able to realize the full potential of our producing assets, make strategic investments, and bring into play our management capabilities to extend our reach in the global markets in an unprecedented manner. Additionally, our newly commissioned projects in refining and upstream oil & gas sectors created enormous value for the nation. As you can appreciate, all of this would not have been possible without the active support of all our stakeholders. In fact, this entire play was underlined by our strategic investments in sustainable We consider our businesses and green practices. stakeholders as our partners Toward this end, we entered into strategic partnerships with Atlas Energy (now owned by Chevron), Pioneer Natural Resources and Carrizo Oil & Gas, as one of the leading foreign in our success and we investors, to participate in an exciting and unconventional hydrocarbon opportunity in North America. We will leverage our well honed competencies in developing large exploration and remain committed to production projects through these partnerships and make a meaningful contribution to our earnings within the next few years. maximising stakeholder Similarly, the primary focus of our partnership with BP is to bring to India sophisticated value, be it shareholders, technological capabilities that will enhance the country’s supply of natural gas, besides exploring other oil resources. This powerful partnership will accelerate the creation of state-of-art employees, suppliers, infrastructure for receiving, transporting and marketing of natural gas in India, apart from bringing customers, investors, in the technical expertise needed to maximize recoverable resources. communities or policy It was also a strong year for our upstream oil & gas business. We made five oil discoveries in the Cambay basin and a gas discovery in the Krishna basin. Our KG-D6 production facility completed makers. two years of operations, and crude oil and natural gas supplies from KG-D6, in FY 2010-11, grew by 97.6% and 41.7%, respectively. In the refining and petrochemicals businesses, we maintained operating rates upwards of 100% and processed 66.6 million metric tonnes of crude at Jamnagar, the highest until now. Continuing our relentless drive to combat factors of climate change, we have significantly invested in renewable and non conventional energy, energy efficiency and GHG reduction. During the year, we undertook the validation of two renewable energy projects harnessing solar and biomass energy. These projects have received host country approval and the biomass-based project is in its final Dear Stakeholder, stage of registration. In a highly price sensitive economy, sustainability is a function of extracting the last drop from the bottom of the In FY 2010-11, we also updated our group-wide environmental standards and protocols. We barrel through operational efficiency, using green technologies to optimize on available resources and investing engaged international agencies to develop a group-wide environment management process to in discovering green sources of energy. identify environmental risks to our businesses and to plan appropriate preemptive actions. Some of Reliance Industries Limited (RIL) did very well on all these parameters and achieved the largest profit growth in our manufacturing locations have already scored over 90% in the five-star environmental audits its history in FY 2010-11, with record operating and financial results from each of its three core segments in the carried out by the British Safety Council. We continued to focus on reducing our environmental integrated energy chain - oil & gas, refining and marketing and petrochemicals. footprint in the E&P business and completed our drilling campaign at Timor-Leste without any environmental incidents. This year, we also conducted an oil spill response mock exercise and As you might know, RIL’s turnover in the year FY 2010-11 was INR 2,586.5 billion ($ 58.0 billion), and the joined the Indian Coast Guard and the State Pollution Control Board’s initiative to clean the company recorded net profit of INR 202.86 billion ($ 4.5 billion). RIL’s spectacular results came from its ability to beaches in Kakinada. 06 Sustainability Report 2010-11 Reliance Industries Limited 07 create a robust business model encapsulating sustainable development through continuous innovation, business transformation and implementation of system-based business processes, apart from factors such as global economic recovery, and a strong demand for its products and CMD’s services linked to a better quality of life. M e s s a g e Consequently, we were able to realize the full potential of our producing assets, make strategic investments, and bring into play our management capabilities to extend our reach in the global markets in an unprecedented manner. Additionally, our newly commissioned projects in refining and upstream oil & gas sectors created enormous value for the nation. As you can
Load more

Recommended publications
  • 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.
    [Show full text]
  • Factsheetmarch11
    March 2011 EQUITY OUTLOOK The Indian benchmark indices ended FII Equity Flows: Turn Buyers for First Time in 2011 March on a positive note after being 7,000 Cash (US$m) 6,373 6,000 Futures (US$m) 5,580 down ~13% between January and 5,000 3,777 4,159 February 2011. The benchmark gained 4,000 3,000 2,405 Gaurav Kapur 2,220 1,556 2,100 1,740 SENIOR MANAGER - EQUITY about 5.6% during March 2011, 2,000 1,358 1,299 1,000 406 329 making it the second best performing 231 0 -1,000 -529 -363 market in the world for the month. The CNX midcap index also was -737 -993 -826 -2,000 -1,016 -1,257 -1,989 -1,387 up 5.8% over the same period. FIIs were net buyers of ~US$1.5 bn -3,000 -4,000 -3,417 during March, however, they are still net sellers worth around 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 - - - - - - - - - - - - r l t r b n y v c n g p a c u p e a a o e US$650 mn year-to-date. u u e J J M F O A J N D A S M Source: Morgan Stanley Research Asia was the best performing Emerging Markets region in March, rising by 7.1%, while Emerging Markets Ex Asia (+4.7%), despite underperforming, remained resilient in the face of the ongoing political turmoil in the neighboring Middle East North Africa (MENA) region and the rumbling sovereign debt crisis in Europe.
    [Show full text]
  • February 17, 2020
    February 17, 2020 The Manager, Listing Department The General Manager The National Stock Exchange of India Ltd. The Bombay Stock Exchange Limited Exchange Plaza Listing Department Bandra Kurla Complex 15th Floor, P J Towers Bandra (E) Mumbai-400 051 Dalal Street, Mumbai-400 001 NSE Trading Symbol- DEN BSE Scrip Code- 533137 Dear Sirs, Sub.: Media Release titled “Scheme of Amalgamation and Arrangement amongst Network18, TV18, Den & Hathway” Dear Sirs, Attached is the Media Release being issued by the Company titled “Scheme of amalgamation and Arrangement amongst Network18, TV18, Den & Hathway”. You are requested to take the above on record. Thanking You, FCS No. :6887 MEDIA RELEASE Scheme of Amalgamation and Arrangement amongst Network18, TV18, Den & Hathway Consolidates media and distribution businesses of Reliance Creates Media & Distribution platform comparable with global standards of reach, scale and integration News Broadcasting business of TV18 to be housed in Network18 Cable and Broadband businesses of Den and Hathway to be housed in two separate wholly-owned subsidiaries of Network18 February 17, 2020: Reliance Industries (NSE: RELIANCE) announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. Under the Scheme of Arrangement, TV18 Broadcast (NSE: TV18), Hathway Cable & Datacom (NSE: HATHWAY) and Den Networks (NSE: DEN) will merge into Network18 Media & Investments (NSE: NETWORK18). The Appointed Date for the merger shall be February 1, 2020. The Board of Directors of the respective companies approved the Scheme of Amalgamation and Arrangement at their meetings held today. The broadcasting business will be housed in Network18 and the cable and ISP businesses in two separate wholly owned subsidiaries of Network18.
    [Show full text]
  • Project Reliable
    Good morning jury members and members of the audience. During this presentation we will present a process improvement project & share with you our learning's and experiences and how we have increased (i)Liquid Hydrocarbon Production of GAIL Gandhar, (ii) High Pressure Gas (HP) Gas quantity from ONGC Gandhar, (iii) Net Profit of GAIL Gandhar by suppling SRG to Gas Gathering Station-IV ONGC Gandhar Using Lean Gas Line of Reliance Industries Limited by using a structured DMAIC methodology. 1 We(GAIL) are in presence of these Business Vertices. 2 There are 5 subsidiary and 18 joint ventures of GAIL. 3 Process flow diagram of GAIL Gas Processing Unit Gandhar, Which is situated at Bharuch District of Gujarat. Which are associated with Oil and natural gas corporation (ONGC), Gujarat Narmada Valley Fertilizer Limited (GNFC), Gas Gathering Station No- 4 (GGS-IV M/s ONGC ), National Thermal Power Corporation Limited (NTPC), Reliance Industries Limited Dahej as upstream source and down stream consumers. 4 Steps followed in this project listed here 5 In Project background for identification, planning and prioritization of problems done in this step. 6 In This step GAIL shows our project planning and identification of opportunity area to increase our turnover. 7 These the mode of suggestions, ideas, problems identification are welcome either through online portal or offline portal are listed here. 8 Here we have shown how idea’s are generated or problem are listed through brainstorming and SAP for identification of problem. 9 In GAIL gandhar we have characterized our process area in A,B,C,D,E class for stratification of problem’s.
    [Show full text]
  • IBEF Presentataion
    OIL and GAS For updated information, please visit www.ibef.org November 2017 Table of Content Executive Summary……………….….…….3 Advantage India…………………..….……...4 Market Overview and Trends………..……..6 Porters Five Forces Analysis.….…..……...28 Strategies Adopted……………...……….…30 Growth Drivers……………………..............33 Opportunities…….……….......…………..…40 Success Stories………….......…..…...…....43 Useful Information……….......………….….46 EXECUTIVE SUMMARY . In FY17, India had 234.5 MMTPA of refining capacity, making it the 2nd largest refiner in Asia. By the end of Second largest refiner in 2017, the oil refining capacity of India is expected to rise and reach more than 310 million tonnes. Private Asia companies own about 38.21 per cent of total refining capacity World’s fourth-largest . India’s energy demand is expected to double to 1,516 Mtoe by 2035 from 723.9 Mtoe in 2016. Moreover, the energy consumer country’s share in global primary energy consumption is projected to increase by 2-folds by 2035 Fourth-largest consumer . In 2016-17, India consumed 193.745 MMT of petroleum products. In 2017-18, up to October, the figure stood of oil and petroleum at 115.579 MMT. products . India was 3rd largest consumer of crude oil and petroleum products in the world in 2016. LNG imports into the country accounted for about one-fourth of total gas demand, which is estimated to further increase by two times, over next five years. To meet this rising demand the country plans to increase its LNG import capacity to 50 million tonnes in the coming years. Fourth-largest LNG . India increasingly relies on imported LNG; the country is the fourth largest LNG importer and accounted for importer in 2016 5.68 per cent of global imports.
    [Show full text]
  • Cipla Limited
    Cipla Limited Registered Office: Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400 013 Phone: (9122) 2482 6000, Fax: (9122) 2482 6893, Email: [email protected], Website: www.cipla.com Corporate Identity Number: L24239MH1935PLC002380 Annexure to the Board’s Report Particulars of employee remuneration for the financial year ended 31st March, 2019 As required under section 197(12) of the Companies Act, 2013, read with rule 5(2) and (3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. Employed throughout the year Name Designation Qualification Experience Age Date of Last employment Remuneration (in years) (in years) Employment (Rs.) Abhay Kumar Chief Talent Officer Master of Arts / 17 53 3/10/2016 Piramal Pharma 15,034,298.00 Srivastava Master of Personal Solutions Management Ademola Olukayode Head - Quality Doctorate / MPH / B. 17 48 20/6/2018 US FOOD AND DRUG 17,982,961.00 Daramola Compliance & Tech. ADMINISTRATION Sustainability (US FDA) Ajay Luharuka Head Finance - IPD, B.com,MMS,CFA 23 46 11/7/1996 NIIT Limited 11,922,994.00 API, Specialty & Global Respi Aliakbar Rangwala Senior Business Head M. Sc. / B. Sc. 19 42 19/1/2009 NA 10,677,779.00 - Chronic & Emerging - India Business Alpana Vartak Head - Talent MBA (HR) / B. Sc. 15 41 8/1/2018 Coco - Cola 10,312,782.00 Acquisition Company Anil Kartha Site Head - Bsc, Bpharm 28 56 27/5/1991 Vysali 12,525,338.00 Patalganga - Pharmaceuticals Formulations Anindya Kumar Shee Head - Organization B. Tech. / MBA 18 48 14/1/2016 Reliance Industries 11,084,298.00 Development Ltd.
    [Show full text]
  • Business Organizations
    CHAPTER 3 BUSINESS ORGANIZATIONS LEARNING OUTCOMES After studying this unit, you will be able to: w Have an overview of corporate history of some of the selected Indian and Global companies. w Gain information about management teams of selected companies. w Know the vision, mission and core values of dierent companies. w Know the market and nancial performance of dierent companies. w Gain vital information on products and services of famous brands of dierent companies. w Analyse a company’s information as a business analyst. © The Institute of Chartered Accountants of India ICAI _ICAI_Business and Commercial Konwledge_Chp_03-nw.indd 1 7/27/2017 3:53:35 PM 3.2 BUSINESS AND COMMERCIAL KNOWLEDGE CHAPTER OVERVIEW OVERVIEW OF SELECTED COMPANIES INDIAN COMPANIES GLOBAL COMPANIES • Adani Ports and Special Economic Zone Ltd. • Deutsche Bank • Asian Paints Ltd. • American Express • Axis Bank Ltd. • Nestle • Bajaj Auto Ltd. • Microsoft Corporation • Bharti Airtel Ltd. • IBM Corporation • Bharat Petroleum Corporation Ltd. • Intel Corporation • Cipla Ltd. • HP • Coal India Ltd. • Apple • Dr. Reddy’s Laboratories Ltd. • Walmart • GAIL (India) Ltd. • HDFC Bank Ltd. • ICICI Bank Ltd. • Indian Oil Corporation Ltd. • Infosys Ltd. • ITC Ltd. • Larsen & Toubro Ltd. • NTPC Ltd. • Oil & Natural Gas Corporation Ltd. • Power Grid Corporation of India Ltd. • Reliance Industries Ltd. • State Bank of India • Tata Sons Limited • Wipro Ltd. © The Institute of Chartered Accountants of India ICAI _ICAI_Business and Commercial Konwledge_Chp_03-nw.indd 2 7/27/2017 3:53:35 PM BUSINESS ORGANIZATIONS 3.3 3.1 INTRODUCTION A company overview is the most eective way to acquire business intelligence and gain vital information about a company, its businesses, their products, services and processes, prospects, customers, suppliers, competitors; etc.
    [Show full text]
  • List of Nodal Officer
    List of Nodal Officer Designa S.No tion of Phone (With Company Name EMAIL_ID_COMPANY FIRST_NAME MIDDLE_NAME LAST_NAME Line I Line II CITY PIN Code EMAIL_ID . Nodal STD/ISD) Officer 1 VIPUL LIMITED [email protected] PUNIT BERIWALA DIRT Vipul TechSquare, Golf Course Road, Sector-43, Gurgaon 122009 01244065500 [email protected] 2 ORIENT PAPER AND INDUSTRIES LTD. [email protected] RAM PRASAD DUTTA CSEC BIRLA BUILDING, 9TH FLOOR, 9/1, R. N. MUKHERJEE ROAD KOLKATA 700001 03340823700 [email protected] COAL INDIA LIMITED, Coal Bhawan, AF-III, 3rd Floor CORE-2,Action Area-1A, 3 COAL INDIA LTD GOVT OF INDIA UNDERTAKING [email protected] MAHADEVAN VISWANATHAN CSEC Rajarhat, Kolkata 700156 03323246526 [email protected] PREMISES NO-04-MAR New Town, MULTI COMMODITY EXCHANGE OF INDIA Exchange Square, Suren Road, 4 [email protected] AJAY PURI CSEC Multi Commodity Exchange of India Limited Mumbai 400093 0226718888 [email protected] LIMITED Chakala, Andheri (East), 5 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 6 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 7 NECTAR LIFE SCIENCES LIMITED [email protected] SUKRITI SAINI CSEC NECTAR LIFESCIENCES LIMITED SCO 38-39, SECTOR 9-D CHANDIGARH 160009 01723047759 [email protected] 8 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 9 SMIFS CAPITAL MARKETS LTD.
    [Show full text]
  • Reliance Retail Ventures Limited CIN: U51909MH2006PLC166166
    Reliance Retail Ventures Limited CIN: U51909MH2006PLC166166 MEDIA RELEASE RELIANCE RETAIL TO ACQUIRE RETAIL & WHOLESALE BUSINESS AND THE LOGISTICS & WAREHOUSING BUSINESS OF THE FUTURE GROUP Mumbai, 29th August 2020: Reliance Retail Ventures Limited (RRVL), subsidiary of Reliance Industries Limited, today announced that it is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group as going concerns on a slump sale basis for lumpsum aggregate consideration of INR 24,713 crore, subject to adjustments as set-out in the composite scheme of arrangement (Scheme). The above acquisition is being done as part of the Scheme in which Future Group is merging certain companies carrying on the aforesaid businesses into Future Enterprises Limited (FEL). As a part of the same Scheme: (i) the Retail & Wholesale Undertaking is being transferred to Reliance Retail and Fashion Lifestyle Limited (RRFLL), a wholly-owned subsidiary of RRVL; (ii) the Logistics & Warehousing Undertaking is being transferred to RRVL; and (iii) RRFLL also proposes to invest: (a) INR 1,200 crore in the preferential issue of equity shares of FEL to acquire 6.09 % of post-merger equity; and (b) INR 400 crore in a preferential issue of equity warrants which, upon conversion and payment of balance 75% of the issue price, will result in RRFLL acquiring further 7.05% of FEL. Ms. Isha Ambani, Director, Reliance Retail Ventures Limited, said: "With this transaction, we are pleased to provide a home to the renowned formats and brands of Future Group as well as preserve its business ecosystem, which have played an important role in the evolution of modern retail in India.
    [Show full text]
  • Sharekhan Special August 31, 2021
    Sharekhan Special August 31, 2021 Index Q1FY2022 Results Review Automobiles • Capital Goods • Consumer Discretionary • Consumer Goods • Infrastructure/Cement/Logistics/Building Material • IT • Oil & Gas • Pharmaceuticals • Agri Inputs and Speciality Chemical • Miscellaneous • Visit us at www.sharekhan.com For Private Circulation only Q1FY2022 Results Review In-line quarter, healthy outlook Results Review Results Summary: After ending FY2021 on a strong note, Q1FY2022 earnings of broader indices showed a promising start (Nifty/ Sensex companies’ PAT rose 100%/66% y-o-y) in the new fiscal with strong growth momentum on low base. Management commentaries on earnings outlook remained positive, on improving economic activity post second COVID-19 wave and anticipation of strong demand revival. Demand recovery and ramp-up of vaccinations look encouraging. We expect economic activity to increase in the upcoming festive season. Nifty trades at 23x and 20x EPS based on FY2022E/FY2023E EPS, at a premium to mean average. Valuation gap between large and mid-caps has shrunk, we advise investors to focus on stocks with strong earnings growth potential with reasonable valuation. High-conviction investment ideas: o Large-caps: Infosys, ICICI Bank, M&M, L&T, UltraTech, SBI, HDFC Ltd, Godrej Consumer Products, Divis Labs and Titan. o Mid-caps: NAM India, BEL, Gland Pharma, Dalmia Bharat, Laurus Labs, Max Financial Services, LTI. o Small-caps: TCI Express, Kirloskar Oil, Suprajit Engineering, Repco Home Finance, PNC Infratech, Mahindra Lifespaces, Birlasoft. After ending FY2021 on a strong note, Q1FY2022 corporate earnings of broader indices showed a promising start with continued strong growth momentum on the low base of Q1FY2021, though it was along the expected lines.
    [Show full text]
  • Pre-Feasibility Report Proposed Expansion & Change in Product
    Pre-Feasibility Report Proposed Expansion & Change in Product Mix by way of Debottlenecking & Modernization at Patalganga Manufacturing Division Prepared for PATALGANGA MIDC, MAHARASHTRA July 2018 CONTENTS 1. Executive Summary 2. Introduction 3. Site Analysis 4. Project Description 5. Project Implementation 6. Regional Setting a. Annexure 1: Project location on Toposheet b. Annexure 2: Overall Plot plan of PMD c. Annexure 3: MIDC Industrial Area Notification d. Annexure 4: Effluent Treatment Plant Schematic Reliance Industries Limited – PMD Page 2 1. EXECUTIVE SUMMARY Patalganga Manufacturing Division (PMD) of Reliance industries Limited (RIL) is located at Patalganga MIDC, Village Kaire, Tehsil Khalapur, District Raigad, Maharashtra. With the availabity of feedstock from nearby petroleum refineries in Mumbai, RIL set-up Petrochemicals Manufacturing Division in the year 1985 with valid consents from Maharashtra Pollution Control Board (MPCB) for its manufacturing divisions namely Linear Alkyl Benzene (LAB), Purified Terephthalic Acid (PTA), Polyester Fiber Yarn and Polyester Staple Fiber, Polyester Industrial Yarn, Fully Drawn Yarn. Now, RIL PMD intends expansion & change in product mix by way of debottlenecking & modernization of its PTA, LAB & CPP units. The existing PMD is spread over ~65.6 hectares and proposed project will come up within this area and no additional land is required The PTA unit presently produces Para-Xylene (PX) & Purified Terephthalic Acid (PTA) and its associated by-products. Now, the PTA unit is planning a project for change in its product mix. In the proposed project, it is planned to produce either Pure Isophthalic Acid (PIA), Meta-xylene (MX) & Reformate or Para-Xylene (PX) & Purified Terephthalic Acid (PTA) and its associated by-product on need and market demand.
    [Show full text]
  • Registered Sulgas Delegate List
    S. No. Name Designation Company City Country 1 Nitin Jain General Manager Adage Automation Pvt Ltd Goa IND 2 Nilesh Mistry Regional Manager - Sales Airoil Flaregas Pvt Ltd Mumbai IND 3 Christopher Sandall Manager Airoil Flaregas Pvt Ltd Mumbai IND 4 Anantha Kukkuvada National Sales & Service Manager Ametek Instruments India Pvt Ltd Bengaluru IND 5 Jochen Geiger Director Sales &Service EMEA - India Ametek Process Instruments Pittsburg USA 6 Ravindra Patil Deputy Manager Technical Amines & Plasticizers Limited Navi Mumbai IND 7 Michael Ku Application Engineer Applied Analytics Inc. Burlington USA 8 Amardeep Puri Deputy Country Sales Manager Axens India New Delhi IND 9 Sushant Aggarwal Senior Manager - Marketing and Sales BASF India Limited Navi Mumbai IND 10 Pallavi Panchal Sales Manager BASF India Limited Navi Mumbai IND 11 Manish Mehta Technology Manager BASF Middle East Dubai UAE 12 Anand Narayanan Head Marketing Batliboi Environmental Private Limited Mumbai IND 13 Marlene Vaz Marketing Manager BC Insight Ltd. London IND 14 Swapan Mitra Global Sales Manager Beltran Technologies Inc. New York USA 15 Rajesh Nandanwar Senior Manager (Tech Services) Bharat Oman Refineries Limited Bina IND 16 Sudeep Mukherjee Assistant Manager Bharat Oman Refineries Limited Bina IND 17 Abhishek Srivastava Manager Technical Services SRU Bharat Oman Refineries Limited Bina IND 18 Praveen Bisht Deputy Manager Operations SRU Bharat Oman Refineries Limited Bina IND 19 Vivek Sawant Chief Manager Ops (DHDS/DHT) Bharat Petroleum Corporation Ltd Mumbai IND 20 Sanjay
    [Show full text]