Reliance Industries Donates Rs. 11 Crore to Bihar
Date: Monday, September 15, 2008 @ 09:50:44 EDT
Topic: Journalism - Research - White Papers


Taking the lead in Corporate India’s response to the horrific disaster in Bihar, Reliance Industries Limited last week announced a donation to the Chief Minister’s Relief Fund.


Mumbai, Maharashtra, India, September 15, 2008 (PRESSbooth.ORG) – On Sept 10th, 2008, while handing over a cheque of Rs 11 crore, Mrs. Nita Ambani, chairperson of the Dhirubhai Ambani Foundation, reiterated the company’s resolve to partner the state in both alleviating the suffering of the people as well as its future relief and rehabilitation efforts. Given the scale of the disaster, the need is for companies to come forward and extend a helping hand to the government as well as the agencies who are involved with the relief efforts. Mrs. Ambani remarked, “Some of the hardest work is still ahead, and it will require the creative skill and generosity of the whole country.”

She hoped that the funds would be used to vanquish the spread of epidemics and provide preventive vaccination to all especially the children and old people. Mrs. Ambani said, “Children, the most vulnerable of all, need care and nourishing as well as safety. We need to hold out succor to those mentally ravaged by the distress of not knowing if their loved ones are alive.” Mrs. Ambani expressed her strong belief that the core of strength within us that survives all disasters would help rebuild a better and resurgent Bihar.

About Reliance Industries Limited:
Reliance Industries Limited (RIL) is India’s largest private sector company on all major financial parameters with a turnover of Rs. 1,39,269 crore (US$ 34.7 billion), cash profit of Rs. 25,205 crore (US$ 6.3 billion), net profit (excluding exceptional income) of Rs. 15,261 crore (US$ 3.8 billion) and net worth of Rs. 81,449 crore (US$ 20.3 billion) as of March 31, 2008.

RIL is the first private sector company from India to feature in the Fortune Global 500 list of ‘World’s Largest Corporations’ and ranks 103rd amongst the world’s Top 200 companies in terms of profits. RIL is amongst the 30 fastest climbers ranked by Fortune. RIL features in the Forbes Global list of the world’s 400 best big companies and in the FT Global 500 list of the world’s largest companies. RIL ranks amongst the ‘Worlds 25 Most Innovative Companies’ as per a list compiled by the US financial publication-Business Week in collaboration with the Boston Consulting Group.

Contact:
Sharmili Vashani (Mumbai)
Sudeep Purkayastha (Delhi)
022 – 2278 5587
011-2346 3634
+91 99875 11205/+91-98994 41119
sharmili.vashani @ ril.com
sudeep.purkayastha @ ril.com







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