Archive for October, 2014

Nita Ambani Invited to the Board of Visitors of the University of Texas: MD Anderson Cancer Center

October 31, 2014

Founder and Chairperson of Reliance Foundation, Nita Ambani has been invited to join the Board of Visitors of the University of Texas: MD Anderson Cancer Center. In its 70 years of operations, this centre has invested significant resources towards cancer research and patient care.

Fighting the War of Cancer

Nita Ambani is the first Indian and the second Asian to be invited to join this Board. While extending the invitation, Chairman of the Board, Melvyn N. Klein, said, “By giving your time, talents and treasure, you will help advance the institution’s mission to eliminate cancer – and ultimately make a significant difference in the lives of cancer patients and their families.”

Upon accepting the invitation from the cancer center, Nita Ambani said, “I feel privileged to join the Board of Visitors of MD Anderson Cancer Center and look forward to both learning from and contributing to its exemplary mission of making cancer history. Sir H.N. Reliance Foundation Hospital and Research Centre will draw on the expertise and capabilities of this remarkable institution, and work towards providing better care for cancer patients in India and bringing about ground-breaking research to eventually defeat cancer.”

Widely acclaimed as one of the world’s premier cancer centers, its 20,000-strong workforce endeavors to rapidly translate scientific knowledge into enhanced therapies and prevention strategies for the purpose of creating improved quality of life for patients and survivors.

Collaborations with Sir H.N. Reliance Foundation Hospital and Research Center

Sir. H.N. Reliance Foundation Hospital and Research Center was re-inaugurated by the Hon’ble Prime Minister Narendra Modi on October 25th in Mumbai. A project that is extremely close to the heart of Nita Ambani, this hospital considers oncology its thrust area. The facility has invested significantly in the latest medical technology and equipment that aids in early detection and cure of cancer. In addition to this, the availability of nuclear medicine infrastructure will help doctors treat cancer patients much faster, causing minimal pain and discomfort.

The University of Texas: MD Anderson Cancer Center along with Sir H.N. Reliance Foundation and Research center will be collaborating to work in the area of oncology and introduce within India the latest research findings and discoveries that equip medical experts to deliver high-quality treatment and care to patients.

Reliance Foundation’s Endeavor towards Social Development

Under the stewardship of Nita Ambani, Reliance has played a critical role in addressing a number of development challenges faced within India. With the help of sustainable and innovative solutions, the foundation focuses on its 5 core pillars that include health, education, rural transformation, urban renewal and promotion of India’s arts, culture and heritage.

Sir H.N. Reliance Foundation Hospital and Research Center is a part of one such endeavor that aims to deliver standardized and high-quality treatment to patients at all levels of the pyramid.


Reliance Jio Hires T-Mobile’s Rainer Deutschmann as Chief Products and Innovation Officer

October 28, 2014

Just months before the launch of 4G operations in Reliance Jio in 2015, Chairman and Managing Director of Reliance Industries Limited (RIL), has hired a high-profile professional as the Chief Products and Innovation Officer for the venture. Rainer Deutschmann will be heading all major product and service innovations at Reliance Jio after relocating to Mumbai from London.

Getting to Know Rainer Deutschmann

Rainerhas often been attributed as the individual that drove digital transformation for over 10 years at Deutsche Telekom, more popularly known as T-Mobile. A German national, Harvard Business School alumnus and PhD in Physics from the University of Munich, his greatest professional achievement comes in the form of the role he played in turning around T-Mobile’s UK operations in his capacity as the Chairman of its Board of Directors.

After a stint in consulting firm McKinsey as an engagement officer in telecom and technology, Rainer changed industries in 2005. Since then, he has held a number of senior strategic and operative positions within the 60 billion euro German telecom company.

As the custodian for all innovations across digital, mobile, broadband and technology, Rainer will be responsible for devising market strategy while bringing together a number of key elements such as mobile Internet, content and software.

Sources aware of this development said that he will be directly reporting to Mukesh Ambani along with his trusted lieutenant, Manoj Modi. In addition to being the CEO of Reliance Retail, Modi is also currently spearheading RIL’s re-entry intro telecom.

RIL’s Global Hiring Strategy

A spokesperson said, “Given our huge growth aspiration, we believe we have pursued a very aggressive talent strategy and have nearly a hundred senior leaders across over 20 nationalities working for us in India itself. In a true way, Reliance represents a global microcosm on its leadership profile while being in India.”

RIL has significantly intensified its focus on broadbasing its talent pool ever since it ventured into consumer-centric businesses such as telecom and retail. Industry experts are optimistic about RIL’s decision to leverage global talent for its new ventures.

This move is critical today especially since most telecom companies around the world are working hard to become future-ready. The world shifting from the conventional telecom-dominated ecosystem to a more Internet-dominated one.

Referring to Rainer, Vinay Menon, London office Head and Global Co-Lead-Technology, Communications & Industrial at Positive Moves Consulting says, “Given his track record, Rainer finds himself amongst a unique pool of global telecom candidates who have the ability to play a transformational role as a global, innovation-driven business builder. He has consistently demonstrated the ability to create technology platforms that cater to evolving business needs – be it in Mobility, Applications Services.”

He adds, “The transition is best managed by those operators who have reorganized their leadership on the technology front and put in place technology and innovation leaders who have a blend of business key performance indicators (KPI) and technology KPIs with a strong go to market/customer orientation.”

Reliance Jio is currently in its final stages for deploying next-generation LTE and fiber-to-home network for broadband and voice communication services across India.


Nita Ambani and other Dignitaries Named Goodwill Ambassadors for the Swachhata Abhiyan

October 17, 2014

Nita Ambani, Chairperson of Reliance Foundation and wife of industrialist, Mukesh Ambani, is among the many leading personalities from Maharashtra who were named Goodwill Ambassadors of the Swachhata Abhiyan in the state. Other names include Bollywood actor, Abhishek Bachchan; playback singer, Sunidhi Chauhan; and Marathi film star, Makrand Anaspure.Director of Aditya Birla Group, Rajshree Birla; shooter, Anjali Bhagwat; and great-grandson of Mahatma Gandhi, Tushar Gandhiare also included on this list.

The Launch of Swachhata Abhiyan in Maharashtra

The announcement was made by Governor C. Vidyasagar Rao just after the launch of this initiative in the Raj Bhavan and the Mantralaya on Thursday. Prime Minister Narendra Modi, too, made an official announcement on his Twitter account.

The Governor said, “I am sure their involvement with the campaign will inspire many people to work for cleanliness in the society. We have to turn this campaign into a mass movement.” He stressed upon the need to sustain the enthusiasm of the movement for cleanliness. “Lot needs to be done, both in Mumbai and Maharashtra to emerge as the cleanest state in the country. Maharashtra has made pioneering efforts in cleanliness campaign in the form of Sant Gadgebaba Abhiyan. We have to give a major impetus to the campaign under the leadership of the Prime Minister,” he added.

Rao believes that the focus should be on public places such as hospitals, offices, marketplaces and railway stations. In addition to requesting the Chief Secretary and the Mumbai Municipal Commissioner to make the campaign participatory and visible, his own involvement was announced in the form of a visit to the JJ Hospital scheduled on October 18th as a part of a cleanliness drive.

Rao further added, “I have asked them to involve citizen groups, NGOs in all districts and housing societies in cities in the campaign. I have told them to identify selected public places which need urgent cleaning and lead the effort from the front.”

Nationwide Acceptance of the Initiative

Wielding the broom, on October 2nd 2014, Prime Minister Narendra Modi launched the country’s largest ever cleanliness drive. Other states,too, have responded rather favorably to the initiative and have participated with much enthusiasm.

In Madhya Pradesh, for instance, Chief Minister Shivraj Singh Chouhan launched the campaign by also wielding a broom in Bhopal. He urged the citizens to devote at least 2 hours each week towards cleanliness. Furthermore, local MP and Union Minister of Water Resource, Uma Bharti, pledged that she would devote 300 hours a year towards the mission.

In Uttar Pradesh, Union Home Minister Rajnath Singh, made a similar plea to the public. He said, “We will make India clean by 2019. When the country is clean then only it is healthy. In 2014, on the occasion of Gandhi Jayanti, we take a pledge to dedicate a ‘Swachh Bharat’ (clean India) at the feet of Bapu.”

The enthusiasm towards this drive was felt far and wide = from Kerala to Jammu & Kashmir and from Mizoram to Rajasthan.


Maruti Suzuki, PepsiCo and Amul on the List of Official Sponsors for the ISL

October 9, 2014

The IMG-Reliance and STAR India football tournament, Hero Indian Super League (ISL) isscheduled to launch on Sunday, October 12th in Kolkata. The leagueconsists of 8 teams representing Delhi, Chennai, Goa, Pune, Mumbai, Kerala, Kolkata and the North East.

Star-Studded List of Co-Owners

The league has kicked off with a rather starry start with celebrities like Bollywood actors,RanbirKapoor, AbhishekBachchan, Salman Khan and Johan Abraham associated with it. Cricketers, Sachin Tendulkar and SouravGanguly, are also associated with the league as co-owners of different teams. Most recently, cricketers Mahendra Singh Dhoni and ViratKohli bought the Chennai FC and Goa FC teams, respectively.

India’s Leading Brands as Sponsors for ISL

In addition to this, the league has also attracted sponsorships from brands across a variety of categories. 2 months ago, Hero MotoCorp was named the title sponsor of the league for a period of 3 years. Furthermore, sports goods, footwear and apparel brand, Puma, is the official ball partner for the league. Muthoot Capital Services has partnered with the league as the referee’s jersey back sponsor.Other official partners include Dr. Reddy’s Nise Gel, Amul, Maruti Suzuki and PepsiCo.

Commercials Involved

Hero MotoCorp’s deal among many others has been signed for a period of three years. The title sponsorship came at a price tag of INR20 crores per annum. The associate sponsorship was given to Maruti Suzuki for INR8 crores a year. All other official partners have invested about INR3-5 crores per year as sponsorship fees.

This year’s event has been insured for INR600 crores. This includes INR150 crores by the promoters of the league and INR450 cores by the teams. Each team is insured for INR55-58 crores.

The Opening Ceremony for Season 1

The opening ceremony plans to showcase India and its diverse cultures. With about 200 children and 140 dancers participating, the event is expected to be a spectacular one. Priyanka Chopra is also believed to be performing at the ceremony. The audience is expected to comprise team owners and celebrities like Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited; his wife,Nita Ambani, Chairperson of Reliance Foundationand Bollywood star, Amitabh Bachchan. Chief Minister of West Bengal, Mamata Banerjee, will be the Chief Guest at the event.

The celebrations are scheduled to start at 5.30 p.m. before the kick-off at 7.00 p.m. Viewers from across the country will be able to watch the tournament on STAR India Network, the league’s official broadcaster as well as 33% stakeholder in Football Sports Development, the promoting entity of the league. Football Sports Development is a joint venture between IMG-Reliance and STAR India. Hero ISL is scheduled to be aired in 5 languages: English, Hindi, Bengali, Malayalam and Kannada.