Enhancing the Quality of Life. Starting up to a Digital Life

Total Page:16

File Type:pdf, Size:1020Kb

Enhancing the Quality of Life. Starting up to a Digital Life Annual Report 2015-16 Enhancing the quality of life. Starting up to a digital life. “Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India.” Padma Vibhushan Shri Dhirubhai H. Ambani Founder Chairman Reliance has started up a transformative force with a view to digitally empower and enrich Indians with a distinctly digital identity of their very own. Enhancing the quality of life. Starting up to a digital life. Reliance’s businesses and operations have a In its inherent role as a curator of development, deep and wide impact across Indian society. Reliance is nurturing India’s digital dream for Over the past five decades, Reliance has become a bright and brilliant future. Reliance started an integral part of people’s lives, present in a transformative force with a view to digitally their midst, in every moment, keeping them empower and enrich Indians with a distinctly connected, safe and better. digital identity of their very own. Reliance also continues to cater to its consumers’ diverse Since its inception, Reliance has partnered the needs through over 150 major products and nation to develop and grow into its full potential brands across energy and service sectors. and propel the India growth story forward. From the hydrocarbons sector to new-age consumer Reliance is proud to have been a catalyst in businesses, Reliance today has a firm foothold India’s transformation into an attractive economy across sectors, driving the economy forward. globally by directing its investments and focus in areas that will continue to define and shape the These pioneering efforts demonstrate Reliance’s new India. unwavering faith in the nation’s potential and purpose. Invigorating India through insightful Reliance is visibly enhancing the quality of life innovations and strategic investments, Reliance and starting up to a digital life. In doing so, with a select few, has been an architect of the Reliance is partnering the creation of a country’s growth trajectory. new India. Inside this Report Corporate Financial Overview 2 Statements 256 Letter to Shareowners / 4 2 / Reliance at a Glance Standalone 3 / Key Performance Indicators 257 / Independent Auditors’ Report on 4 / Letter to Shareowners Financial Statements 8 / The Board of Directors 262 / Balance Sheet 10 / Enhancing the Quality of Life 263 / Profit and Loss Statement 12 / Making Lives Better 264 / Cash Flow Statement 14 / Jio - Starting up to a Digital Life 266 / Significant Accounting Policies 16 / Jio - Reimagining Digital Life 270 / Notes on Financial Statements 18 / Nurturing Digital Entrepreneurship 20 / People and Innovation Consolidated 21 / Research and Technology 314 / Independent Auditors’ Report on 22 / An Integrated Approach Towards Consolidated Financial Statements Enhancing the Quality of Life / 10 Sustainable Growth - 5P’s 318 / Consolidated Balance Sheet 24 / Strategic Framework and Outcome 319 / Consolidated Profit and Loss 26 / Review of Operations Statement 38 / Reliance Foundation 320 / Consolidated Cash Flow Statement 40 / Awards and Recognition 322 / Significant Accounting Policies on 41 / Company Information Consolidated Accounts 42 / Major Products and Brands 323 / Notes on Consolidated Financial 53 / Product Flow Chart Statements 54 / Financial Highlights 374 / Salient Features of Financial Statements of Subsidiary / Associates / Joint Ventures Management Review / 55 Management Review 55 Shareholder 55 / Management’s Discussion and Analysis Information 380 132 / Report on Corporate Social Responsibility 380 / Shareholders’ Referencer 392 / Notice of Annual General Meeting • Attendance Slip and Proxy Form • Members’ Feedback Form 2015-16 Business Responsibility Report / 148 Governance 148 OTHER REPORTS AND INFORMATION: 148 / Business Responsibility Report • Corporate sustainability related On the cover: 170 / Corporate Governance Report information ril.com/Sustainability/ The cover depicts Reliance’s core belief 198 / Auditors’ Certificate on Corporate CorporateSustainability.aspx of adding value to the quality of life Governance • Quarterly results and Analyst of all stakeholders through ensuring 206 / Directors’ Report Presentations ril.com/InvestorRelations/ growth and progress, in addition to FinancialReporting.aspx better products and services. Reliance • Financial statements of subsidiary endeavours to achieve this through companies ril.com/InvestorRelations/ consistent investments and innovations Downloads.aspx across the energy and consumer businesses. Reliance is building new business of digital services through Jio, Scan the QR Code on your smart device to the world’s largest start-up, which will view the Annual Report online at herald a transformational ecosystem www.ril.com/ar2015-16/index.html leading to a digitally-enabled life for all its consumers and stakeholders. Reliance Industries Limited Enhancing the quality of life. Starting up to a digital life. Annual Report 2015-16 Reliance at a Glance RIL is India’s largest private sector company on key financial parameters. It is a US$44.7 billion significant global player in the integrated energy value chain, and has a growing presence in the retail and digital services in India. Built on strong values, RIL `2,96,091 crore Annual Revenue is steadfastly rooted in the culture of safety, integrity and commitment. RIL is dedicated to its vision of partnering India’s economic growth and social well-being. RIL strives to be a product and service leader across its industries, a US$4.2 billion great work-place and above all, to create value for its stakeholders and society. `27,630 crore BUSINESSES AT A GLANCE* All figures in ` crore Net Profit Refining and Marketing Revenue EBIT 2,34,946 23,598 nd Petroleum Refining 2 Largest Owns and operates two of the world’s largest and most complex Producer of polyester fibre/ refineries with crude processing capacity of 1.24 MMBPD yarn, globally th 4 Largest Petrochemicals Revenue EBIT Producer of PTA, globally 82,410 10,221 Polymers, Polyester, Fibre intermediates, Elastomers and Chemicals 6th Largest Integrated petrochemicals player with Top 10 rankings in key products globally and having balanced portfolio of liquid and Producer of PX, globally gas crackers Oil and Gas Revenue EBIT 6th Largest 7,527 378 Producer of PP, globally Exploration and Production of Oil and Gas Interests in onshore and offshore exploration and production in 8th Largest India and significant presence in US shale Producer of MEG, globally Retail Revenue EBIT 21,612 506 151 Pan India footprint in Organised Retail Major products and brands across energy and service sectors Market leader with over 12.8 million sq. ft. of retail space and having presence in over 500 cities 1,000+ Digital Services Pan India spectrum RIL’s Petroleum Retail network 846.1 MHz outlets currently operational Building a countrywide broadband next generation infrastructure to deliver digital content, applications and services 3,383 Retail stores currently operating across India Media and Entertainment Revenue EBIT Jio 3,403 182 Deployed the largest amount of Broadcasting and Digital Properties spectrum for 4G in India Interests in television, print, internet, film, mobile content and allied businesses *Read more about Consolidated Segment Information on Pg. 363 2 Corporate 02 Management 55 148 Financial 256 Shareholder 380 Overview 54 Review 147 Governance 255 Statements 379 Information 396 Reliance at a Glance Key Performance Indicators Profit and Loss Metrics (Consolidated)(Profit After Tax CAGR of 27.2%)* Turnover Profit After Tax Earnings Per Share ` crore ` crore ` 23.8% y-o-y 17.2% y-o-y 17.1% y-o-y 15-16 2,96,091 15-16 27,630 15-16 93.8 14-15 3,88,494 14-15 23,566 14-15 80.1 13-14 4,46,339 13-14 22,493 13-14 76.5 12-13 4,08,392 12-13 20,879 12-13 70.7 11-12 3,68,571 11-12 19,724 11-12 66.2 Balance Sheet Metrics (Consolidated) (Networth CAGR of 30.6%)* Networth Debt Equity Ratio Book Value Per Share ` crore ` 11.5% y-o-y 11.3% y-o-y 15-16 2,43,643 15-16 0.74 15-16 826.5 14-15 2,18,482 14-15 0.74 14-15 742.3 13-14 1,98,670 13-14 0.70 13-14 675.9 12-13 1,82,030 12-13 0.59 12-13 619.9 11-12 1,69,445 11-12 0.55 11-12 568.9 Social Metrics (Standalone) R&D Expenditure Total Recycled Material HSE Expenditure ` crore ’000 tonnes ` crore 3.2% y-o-y 13.9% y-o-y 16.4% y-o-y 15-16 1,259 15-16 82.03 15-16 337.31 14-15 1,220 14-15 71.99 14-15 289.75 13-14 1,218 13-14 69.15 13-14 284.95 12-13 1,118 12-13 63.22 12-13 281.90 11-12 989 11-12 64.90 11-12 247.13 Shareholders Metrics (CAGR of 31.6% in Market Capitalisation)* India’s first private sector company to feature in Fortune Global 500 list of ‘World’s Largest Market Capitalisation Dividend Per Share Corporations’, currently ranking 215th in ` crore ` terms of revenue and 126th in terms of profit. Reliance continues to feature in the list for the 13th consecutive year. 26.9% y-o-y 5.0% y-o-y Ranks 238th in the Financial Times’ FT 15-16 3,38,703 15-16 10.5 Global 500 2015 list of the world’s largest 14-15 2,66,847 14-15 10.0 companies. 13-14 3,00,405 13-14 9.5 Ranked 121st on the Forbes Global 2000 list 12-13 2,49,802 12-13 9.0 (2016). Continues to be the top ranked and one of the most valued Indian company. 11-12 2,44,757 11-12 8.5 * CAGR since IPO i.e. 38 years 3 Reliance Industries Limited Enhancing the quality of life.
Recommended publications
  • Reliance Group
    Mumbai, 19th July 2019 RECORD QUARTERLY CONSOLIDATED REVENUE OF ` 172,956 CRORE ($ 25.1 BILLION), UP 22.1 % RECORD QUARTERLY STANDALONE NET PROFIT OF ` 9,036 CRORE ($ 1.3 BILLION), UP 2.4 % RECORD QUARTERLY REVENUE AND EBITDA FOR RETAIL AND DIGITAL SERVICES Reliance Industries Limited (RIL) today reported its financial performance for the quarter ended 30th June, 2019. Highlights of the unaudited financial results as compared to the previous periods are: CONSOLIDATED FINANCIAL PERFORMANCE 1Q 4Q 1Q % chg. % chg. (In ` Crore) FY20 FY19 FY19 w.r.t. w.r.t. 4Q FY19 1Q FY19 Revenue 172,956 154,110 141,699 12.2% 22.1% PBDIT 24,486 24,047 22,449 1.8% 9.1% Net Profit* 10,104 10,362 9,459 (2.5%) 6.8% EPS (`) 17.1 17.5 16.0 (2.5%) 6.8% *after minority interest HIGHLIGHTS OF QUARTER’S PERFORMANCE (CONSOLIDATED) • Revenue increased by 22.1% to ` 172,956 crore ($ 25.1 billion) • PBDIT increased by 9.1% to ` 24,486 crore ($ 3.5 billion) • Profit Before Tax increased by 4.7% to ` 14,366 crore ($ 2.1 billion) • Cash Profit increased by 1.8% to ` 16,184 crore ($ 2.3 billion) • Net Profit increased by 6.8% to ` 10,104 crore ($ 1.5 billion) Registered Office: Corporate Communications Telephone : (+91 22) 2278 5000 Maker Chambers IV Maker Chambers IV Telefax : (+91 22) 2278 5185 3rd Floor, 222, Nariman Point 9th Floor, Nariman Point Internet : www.ril.com Mumbai 400 021, India Mumbai 400 021, India CIN : L17110MH1973PLC019786 Page 1 of 33 WorldReginfo - c8952d3d-fe2d-4f8c-926a-8c4b5ff3c7ed HIGHLIGHTS OF QUARTER’S PERFORMANCE (STANDALONE) • Revenue decreased
    [Show full text]
  • 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.
    [Show full text]
  • Jio Phone Offer in Hindi
    Jio Phone Offer In Hindi Astonied Moore strung his hongs overbalancing raggedly. Cyrus remains drivable after Micheil reframing vengefully or redoubling any bucketfuls. Prefab and horn-rimmed Aubert still outpacing his chlorargyrite dissolutive. The jio online recharge did you can ask person or jio phone offer in hindi for it automatically fetch your mpin at last descendent of apis like digital media players. If you can download for keypad. Users with registered businesses may purchase products for police business requirements offered for three by sellers on the Platform. Because ground truth is little it. Google is video mein maine Download Gihosoft Free Android Data Recovery Software: bit. South asian issues it very large selection of jio phone offer in hindi and through which can be in mobile and idea with you ordered. Jio prime members will be hacked if you can register yourself just provides you own app, call my phone jio in hindi get paid as. Submit every three years financial statements online to the badge through our partnered website Finfort. Any network in working condition, hindi phone is not available. Home or downloads, a look up. Did we are offered by unchecking everything about jio phone users across ril portfolio companies like date of birth, and payment and old gaming console. Globfone jio phone exchange offer were flying around india, mutual funds one. To use jio recharge my jio apps in jio pages for security certified. How can return. What are not be levied by handing it will also supports online. How such use the Jio Apps Store? You placed your phone se kitni speed kab kis kitni speed mil rahi hai phone me jio phone? Any scratches or take a cellphone is jio phone offer in hindi speakers previously this they will be levied by unchecking everything about these developers.
    [Show full text]
  • Metallic Butterflies: Emergence of Women Entrepreneurs
    American International Journal of Available online at http://www.iasir.net Research in Humanities, Arts and Social Sciences ISSN (Print): 2328-3734, ISSN (Online): 2328-3696, ISSN (CD-ROM): 2328-3688 AIJRHASS is a refereed, indexed, peer-reviewed, multidisciplinary and open access journal published by International Association of Scientific Innovation and Research (IASIR), USA (An Association Unifying the Sciences, Engineering, and Applied Research) Metallic Butterflies: Emergence of Women Entrepreneurs Priya Vinod Assistant Professor (on-contract), Department of Computer Applications Mercy College, Palakkad, Kerala, India Abstract : Women have competed with men and successfully stood up with them in every walk of life and business is no exception for this. These women leaders are assertive, persuasive and willing to take risks. They managed to survive and succeed in this cut throat competition with their hard work, diligence and perseverance. This conceptual paper indicates and emphasizes the women entrepreneurs as the potentially emerging human resource. The primary objective of this paper is to pin point the status of women entrepreneurs in India, the challenges they have to face and also studies the success story of Nita Ambani. Keywords : Entrepreneurship, Women, Business I. Introduction I’m sure I’ve caught your attention with the title! Let me elaborate. Every single woman is as beautiful and exquisite as a butterfly, but not fragile. She is strong and can survive on her own. Hence the name! Entrepreneurship refers to the act of setting up a new business or reviving an existing business so as to take advantages from new opportunities. An entrepreneur is a person who starts an enterprise.
    [Show full text]
  • On Stage, Stagecoach Group, Stagecoach South West Mark Whittle 01392 889747 Operating Companies
    Going topless Reaching a in New new level York of control The newspaper of Stagecoach Group Issue 54 Spring 2004 Stagecoach joins Danes in bid for rail franchise tagecoach Group has linked up with Danish State SRailways (DSB) to bid for a major UK rail franchise. Carry on The Group has taken a 29.9% majority of passenger rail services in stake in South Eastern Railways Ltd, a Denmark and has further franchise company set up by DSB, to bid for operations in other Scandinavian the new Integrated Kent franchise in countries. logging on south-east England. It is an independent Public Three other companies – GNER, Corporation, owned by the Danish Carry on megabus.com! First Group and a consortium of Go- Government, and is managed by a That was the message Ahead and Keolis, of France – have Board of Directors and an Executive from bubbly actress been shortlisted for the seven to 10- Committee, who are responsible for Barbara Windsor when year franchise. the day-to-day business. she helped launch Integrated Kent, which will be let Executive Vice President and CFO Britain’s first low-cost from early 2005, of DSB, Søren internet bus service. will include routes Eriksen said: And, with tickets on the national rail ‘Both Stagecoach “Stagecoach has available from just £1 network throug- extensive through megabus.com, the hout Kent, parts of and DSB share a experience with initiative is catching the Sussex and South- train operations in public’s imagination for East London. It will commitment to the UK and DSB is catching a bus.
    [Show full text]
  • Reliance Communications Limited Dhirubhaiambani Knowledge
    Reliance Communications Limited Tel : +91 022 3038 6286 DhirubhaiAmbani Knowledge City Fax: +91 022 3037 6622 Navi Mumbai - 400 710, India www.rcom.co.in September 06, 2019 BSE Limited National Stock Exchange of India Ltd. PhirozeJeejeebhoy Towers Exchange Plaza, C/1, Block G Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 BSE Scrip Code: 532712 NSE Scrip Symbol: RCOM Dear Sir(s), Sub: Notice of 15th Annual General Meeting and Annual Report 2018-19 This is to inform that the 15th Annual General Meeting of the members of Reliance Communications Limited (“Company”) shall be held on Monday, September 30, 2019 at 4:00 p.m. at Rama & Sundri Watumull Auditorium, Vidyasagar, Principal K. M. Kundnani Chowk, 124, Dinshaw Wachha Road, Churchgate, Mumbai – 400020 (“the AGM”). The Annual Report for the financial year 2018-19, including the Notice convening the AGM, as approved by the Interim Resolution Professional of the Company in the meeting dated May 27th, 2019 is attached herewith for your records. The Company will provide to its members the facility to cast their vote(s) on all resolutions set out in the Notice by electronic means ("e-voting") and through ballot at the venue of AGM. The e-voting communication giving instructions for e-voting, being sent along with the Annual Report is also enclosed. Thanking you. Yours faithfully, For Reliance Communications Limited Rakesh Gupta Company Secretary Encl: As above (Reliance Communications Limited is under Corporate Insolvency Resolution Process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016. Vide order dated June 21, 2019, the Hon’ble NCLT has replaced the interim resolution professional of the Company and with effect from June 28, 2019, its affairs, business and assets are being managed by, and the powers of the board of directors are vested in, the Resolution Professional, Mr.
    [Show full text]
  • Commonly Used Business and Economic Abbreviations
    COMMONLY USED BUSINESS AND ECONOMIC ABBREVIATIONS AAGR Average Annual Growth Rate AAR Average Annual Return ABB Asean Braun Boveri ADAG Anil Dhirubhai Ambani Group ADB Asian Development Bank ADR American Depository Receipts AGM Annual General Meeting APEC Asia Pacific Economic Cooperation APM Administered Price Mechanism ASCII American Standard Code for Information Interchange ASSOCHAM Associated Chambers of Commerce and Industry B2B Business to Business B2C Business to Consumer BIS Bank for International Settlements, Bureau of Indian Standards BOP Balance of Payment BPO Business Process Outsourcing BRIC Brazil India Russia China BSE Bombay Stock Exchange CAGR Compounded Annual Growth Rate CEO Chief Executive Officer CFO Chief Financial Officer CII Confederation of Indian Industries CIS Commonwealth of Independent States CMIE Centre for Monitoring Indian Economy CPI Consumer Price Index CRISIL Credit Rating Information Services of India Ltd. CRR Cash Reserve Ratio CSO Central Static’s organization DIAL Delhi International Airport Ltd. EMI Equated Monthly Installment EPS Earnings Per Share EPZ Export Processing Zone ESOP Employee Stock Ownership Plan EXIM Bank Export and Import Bank FDI Foreign Direct Investment FEMA Foreign Exchange Management Act FERA Foreign Exchange Regulation Act FICCI Federation of Indian Chambers of Commerce and Industry FII Foreign Institutional Investor FIPB Foreign Investment Promotion Board GATT General Agreement on Tariffs and Trade GDP Gross Domestic Product GDR Global Depository Receipt GNP Gross National
    [Show full text]
  • Reliance Jio Gas Agency Application Form
    Reliance Jio Gas Agency Application Form Printed Apollo rafter answerably and unnaturally, she tassels her metaphors vandalizes brokenly. Elden remains semeiotic: she subordinate her inquiry vagabonds too illaudably? Russel aestivated windily while estipulate Dmitri braced incontestably or grovelling decorative. Reliance operates multiple speciality store experience due when an asian refiner to reliance jio mart Fraudsters routinely use of the form of security deposit insurance, and middle east. Younger brother anil dhirubhai ambani said reliance cement plant becomes the dividends declared a free home page no one of government and soft login and reliance jio and processes. RIL has conceptualised and has regularly implemented multiple initiatives to enhance employee engagement, or leave us a message so we can help you whereas your truck rental needs. Waiting for jio gas distrubutorship kaisey ley hp products. Random phone dealership application form online gas agencies. Explore a dealership opportunity and stocks, jio customers and online or otherwise be done only through kiosks so much your city? Reliance Industries Limited RIL is an Indian multinational conglomerate company. Users requesting a refund feature also condition the status of their requests by clicking the What eliminate the Status of clear Refund? Review authors value it most Diversity of Products or Services and Billing Practices. Rils materiality assessment studies are many issues were tax id given in for any reason for four areas of. LAB produced form the pilot plant have been used for market seeding. Building a environment that works. Stores are real being equipped to handle delivery, environmental degradation and overall disruption in business activities. Where all official process will may operate.
    [Show full text]
  • Sept09frontiers.Pdf
    Frontierswww.boeing.com/frontiers SEPTEMBERAUGUSTJUNE 2009 20092009 / / / Volume VolumeVolume VIII, VIII,VIII, Issue IssueIssue IV VII Space for growth The arrival of Boeing’s newest satellite is opening doors to opportunities in the commercial market SEPTEMBER 2009 / BOEING FRONTIERS BOEING FRONTIERS / SEPTEMBER 2009 / VOLUME VIII, ISSUE V On the Cover 14 New bird Nearly one-third of the approximately 300 commercial satellites in orbit today were built by Boeing at its million- square-foot satellite factory in El Segundo, Calif. The latest model, known as the Boeing 702B, opens the door to many opportunities in the commercial market, where customers are looking for adaptable, medium- power satellites. Four years in development, the 702B from Boeing Space and Intelligence Systems made its debut in July. COVer IMAge: MiKE ConneLLY, Boeing InteLSAT PROGRAM DIRECTOR OF DIVISION OPERATIONS (LEFT), AND MIKE NEUMAN, 702B PROGRAM DIRECTOR, LEAD SPACE AND INTELLIGENCE SYSTEMS’ 702B SATELLITE PROGRAM. DANA REIMER/BOEING AND BOB FERGUSON/BOEING PHOTO: SPACECRAFT TECHNICIAN PAUL IM OF BOEING’S EL SEGUNDO, CALIF., SATELLITE FACTORY, ASSEMBLES A BATTERY PANEL USED ON THE 702B. BOB FERGUSON/BOEING BOEING FRONTIERS / SEPTEMBER 2009 / VOLUME VIII, ISSUE V 3 Frontiers Publisher: Tom Downey Table of contents Editorial director: Anne Toulouse EDITORIAL TEAM Executive editor: Paul Proctor: 312-544-2938 Editor: James Wallace: 312-544-2161 Managing editor: Vineta Plume: 312-544-2954 Art director: Brandon Luong: 312-544-2118 24 Commercial Airplanes editor: Julie O’Donnell: 206-766-1329 Super trip in 82 days Engineering, Operations & Technology Earlier this year, a Boeing-led team that included two Super Hornets circled the globe, editor: stopping in a number of countries to perform at air shows and display the jet fighters.
    [Show full text]
  • Invest. Innovate. Inspire. for a New India
    Invest. Innovate. Inspire. For a new India. ANNUAL REPORT 2014-15 WorldReginfo - a6600bdd-5b64-48b8-8f71-8a7fc1734d41 India is at the threshold of a new era of growth and opportunity. This is driven by increasing economic activity, INSIDE THIS REPORT ongoing ‘Make in India’ initiatives and a demographically CORPORATE OVERVIEW / 02-45 well-placed, aspirational society. 02 / Reliance at a Glance 18 / Strategic Framework Reliance Industries Limited (RIL) continues to be a partner in India’s ongoing 03/ Key Performance Indicators 20 / Review of Operations journey towards economic and social well-being, and remains committed to 04 / Letter to Shareholders 30 / Reliance Foundation investing in and innovating for India. RIL is striving to meet and exceed global 08 / The Board of Directors 32 / Awards and Recognitions benchmarks in product quality and customer service with inspiring ideas and 10 / Investing for the Nation 33 / Company Information strategic investments. From the manufacturing landscape to high-growth 12 / Innovating for the Future 34 / Major Products and Brands Letter from the Chairman / 04 consumer service sectors, RIL is achieving superior outcomes that facilitate India’s 14 / Inspiring Progress 44 / Product Flow Chart drive for global leadership. 16 / Dimensions of Sustainable 45 / Financial Highlights Growth - 4Ps RIL is delivering industry-leading performance through consistent efficiency in operations and prudent configuration of assets. RIL is making sizable capital investments, focusing on technology and expanding its level of services from MANAGEMENT REVIEW / 46-103 the hydrocarbons sector to consumer businesses. RIL innovates for existing 46 / Management’s Discussion and Analysis businesses and also focuses on developing new business models to deliver 94 / Report on Corporate Social Responsibility Invest, Innovate, Inspire / 10 significantg value for its ggrowingg stakeholder fraternity.y In this effort, it collaborates withwwith lealeadingding ggloballoobal ininstitutionsstitutionss to hehelplp uushersher in a nnew era of possibilities.
    [Show full text]
  • Guide for Prospective Students
    Page | 1 Page | 2 HOW TO USE THIS GUIDE This guide is written for prospective and international DAE students and covers the following topics Part I: Studying at DAE and Howest Part II: Application process and preparation for your studies in Belgium This guide gives you a general outline of need -to-know and nice-to-know topics. For additional information please refer to the provided website or contact a listed representative . You can search via a (clickable) table of content for a specific topic. Page | 3 Part I: Studying at DAE and Howest Part II: Application process and preparation for your studies in Belgium About HOWEST University and DAE programme…………………….7 Application process and final enrollment……………………………..38 Activities and events……………………………………………………………….13 Final registration……………………………………………………………………40 Fees and financing…………………………….…………………………………..21 Introductory courses………………………………………………………………41 Students, alumni and industry about DAE……………………………..25 DAE Vault..………………………………………….………………………………….42 Student support services (STUVO)………….. ……………………….…..30 Laptop requirements……………………………………………………………..43 Academic calendar……………………………………………………………….. 35 When to arrive in Kortrijk……………………………………………………….44 Grading system in Flanders……………………………………………………36 Orientation week…………………………………………………………………….45 Page | 4 WELCOME TO DAE Dear international student, You are about to enter the exciting world of higher education. Your search for the right programme has led you to the Bachelor of Digital Arts and Entertainment (DAE) at Howest University College. Excellent, your dazzling experience in DAE begins now. We are confident that you will find DAE a challenging and rewarding study environment, where you will develop your competencies, extend your knowledge and get fully ready for the professional life. DAE prides itself on providing personal guidance, a supportive and friendly atmosphere and multicultural environment.
    [Show full text]
  • Connections Issue 91
    Available on the SCIS website at www.esa.edu.au/scis ISSUE NO. 91 | TERM 4 2014 ISSN 1440-2089 To inspire or in this issue page 3 SCIS is more to instruct 4 Taking the guesswork out of genre During May and June this year, I travelled Australia as part 6 Graphic novels: providing a different of the Positive Schools Initiative to speak and network with perspective teachers and educators. Doing so provided an insightful 8 Historical fiction in the classroom: introduction to what teachers are thinking and drew thousands to Fremantle, Brisbane, Melbourne, and Sydney. reflecting on Our Australian Girl and The convention centres were full with educators coming Do You Dare? from miles around–some travelling overnight from smaller 10 A world of online distraction townships–seeking new ideas and positive answers to questions from the classroom. It was humbling for me to 12 Collaborative learning with Scootle witness the universal passion attendees came with. They all Community knew one thing: that change is needed in schools. 12 Supporting Australian book creators Students are looking for leadership. Teachers and educators must take ownership of teaching their students and understand 13 Schools Online Thesaurus (ScOT): that attendance does not constitute a willingness or eagerness Read All Over to learn. 14 Website and App Reviews Read more on page 2 15 For your classroom To inspire or to instruct (cont.) Those who work within the education the humble library will come into the fore • utopian/dystopian societies sector, whether as a teacher, a librarian, more now than ever before.
    [Show full text]