Archive for May, 2012

Reliance Foundation revitalizes corporatephilanthropy

May 24, 2012

Reliance Foundation is an initiative by RIL (Reliance Industries Limited) to support growth and development that leadsto betterment in society. It caters to five core pillars including rural transformation, education, health, urban renewal and arts, culture and heritage. The aim of this foundation is to churn out meaningful and constructive activities that will procreate progress and enable the country to overcome some major developmental challenges.

Reliance BIJ that stands for “Bharat India Jodo” focuses on abridging the gap between rural and urban India by introducing paramount practices that can foster productivity among small-scale farmers. This program at presentstirs growth in nine major states and gears to extend to all the villages and agricultural zones in the country. Reliance Knowledge for Sustainable Development(RK4SD) is another distinguished initiative that aims to create awareness about leveraging theefficiency of farmers, anglers and other micro enterprises. By organizing VFA (Villagers Farmers Association) and PC (Producer Company), they enablegrouping of farmers and provide financial assistance to them in order to support their activities.

Reliance Foundation endeavorsto provide education to around 15, 000 children across 12 schools in the country. It aims to raise the bar of educational standards in the country by granting special educational opportunities to children in rural areas,deprived of quality education. It has also propelled the establishmentof the Reliance Instituteof Technology in Jamnagar and Reliance Polytechnic in Dwarka in partnership with the Gujarat Government.

By building a tertiary care hospital that meets the international standards in terms of medical facilities, Reliance Foundation will facilitate medical treatment to the underprivileged. Besides, Reliance Drishti is a commendable initiative that it thrusts along with the support of the National Associationof the Blind that enlightens the life of the visuallyimpaired by conducting over 10,000 corneal transplants, free of charge. It also launched the first registered national Braille newspaper in Hindi that will be distributed to impart knowledge to around 25, 000 visually challenged individuals.

Reliance Foundation also sponsors Real Heroes that acknowledges and applauds ordinary Indians who do extraordinary things. This year they honored24 real heroes who have accomplished in producing radical changes in varied fields including women empowerment,child welfare, sports, environment, youth, health and disability and sports.

Reliance Foundation intends to be the preeminent philanthropicorganization in the world in the forthcoming years.

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Reliance Digital’s new store launch in Bengaluru on its 5th anniversary

May 11, 2012

Reliance Digital turns five this year with its first store launched in 2007. Reliance Digital is leaving no stone unturned to bring in this special occasion and make its customers feel very special.

To begin with, Reliance Digital has announced the launch of a new store at Indiranagar in Bengaluru on 12thMay, 2012 following the success of its present stores. With the launch of this swanky store, the number of stores in Bengaluru is now 14.

There has been a steady increase in the number of Reliance Digital stores in the country since its launch with its store count increasing three times in FY11-12.

Besides, Reliance Digital also rolls out a special initiative possible for consumers to pay for the products they buy in 18 EMI’s (Equated Monthly Installments). The best part is that there is no notion of Interest levied on consumers while paying via EMI’s. This means consumers can pay the same amount spread across 18 EMI’s making it easy and affordable for consumers to get hold of the finest brands.

The Consumer Durables and Electronic Arm of RIL (Reliance Industries Limited) is renowned for the variety of products its houses. Known as the value oriented retail chain, it is determined to offer the best technology at the least possible prices along with consumer friendly services.

About Reliance Digital

Reliance Digital is the consumer durables and information technology concept from Reliance Retail. Reliance Digital seeks to fulfill the dream of every Indian, be it through its nationwide network of conveniently located stores or through its presence on the web, by providing a delightful shopping experience of products & solutions and helping them bring home the latest & best in technology from the widest selection at the lowest assured price with complete peace of mind through lifelong support.

With over 200 international and national brands and over 4000 products at amazing prices, Reliance Digital has the largest display of models to help you find the right solution that fits your lifestyle. The range at Reliance Digital spans Audio and Video products (LED, LCD & Plasma TVs, DVD players, Home Theatres), Digital Cameras, Durables like, Air Conditioners, Refrigerators, Water Purifiers, Kitchen and Home Appliances, Gaming Consoles and Games, Computers and Peripherals, Mobiles and Fixed line instruments,

At Reliance Digital, you get to touch, try and feel every product before you make your decision. The specially designed Experience Zones (for high-end entertainment systems like home theatres, televisions, home and car music systems) simulate exact conditions to familiarize you with your product. The trained staff will be only too happy to understand and advise on the optimum choice of products meeting your needs. What more, Reliance Digital is backed by Reliance ResQ, the service arm that is available for support all 7 days and fully geared to provide end to end solutions. For more information, log on to http://www.reliancedigital.in

About Reliance Retail Limited

Reliance Retail Limited (RRL), a subsidiary of Reliance Industries Limited opened its first retail store in November 2006 and today operates more than 1,000 stores in over 86 cities, spanning 14 states and serving over 2.5 million customers every week. RRL is a multi-format retailer that operates

“Reliance Market – a concept for local traders and small businesses ” Reliance Fresh – a neighborhood store concept

” Reliance Super- a super mart concept

” Reliance Mart – a hyper market concept

” Delight – a non vegetarian offering

” Reliance Digital – a consumer durables and information technology concept

” iStore by Reliance Digital- an Apple specialty store concept

” Reliance Trends – an apparel specialty concept

” Reliance Footprint -a footwear concept

” Reliance Jewels – a jewellery concept

” Reliance TimeOut- a books, music & entertainment concept

” Reliance Living – a Furniture, Furnishing, Homeware and Home kitchen concept

” Reliance AutoZone – an automotive specialty concept

About Reliance Industries Limited

Reliance Industries Limited (RIL) is India’s largest private sector company on all major financial parameters with a turnover of INR 339,792 crore (US$ 66.8 billion), cash profit of INR 31,994 crore (US$ 6.3 billion) and net profit of INR 20,040 crore (US$ 3.9 billion) as of March 31, 2012.

RIL is the first private sector company from India to feature in the Fortune Global 500 list of ‘World’s Largest Corporations’ and ranks 119th amongst the world’s Top 200 companies in terms of profits. RIL ranks 68th in the Financial ‘Times FT Global 500’ list of the world’s largest companies. RIL is ranked amongst the ’50 Most Innovative Companies – 2010′ in the World in a survey conducted by the US financial publication – Business Week in collaboration with the Boston Consulting Group (BCG). In 2010, BCG also ranked RIL as the second highest ‘Sustainable Value Creators’ for creating the most shareholder value over the decade in the world.