Founder of reliance

Dhirajlal hirachand ambani simply called as Dhirubai Ambani. y He founded reliance industries in 1958. y It has presence in various sectors like petrochemicals,textiles,telecom,insurance and internet business and Power Sector and so on. y Now the Reliance group with over 85,000 employees provides almost 5% of the Central Government's total revenue.
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Carrier starting period

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Dhirubhai started off as a small time worker with Arab merchants in the 1950s and moved to Mumbai in 1958 to start his own business in spices. After making modest profits, he moved into textiles and opened his mill near Ahmadabad. Dhirubhai founded Reliance Industries in 1958. After that it was a saga of expansions and successes.

Reliance Products has been working in plastic conversion for over 45 years. We started out in 1958 packaging battery acid and manufacturing collapsible containers, all the while supplying containers to other packagers of battery acid. y Manufacturing was consolidated in 1993 to the current Sherwin Road location in Winnipeg. Reliance received its first ISO quality certification in 1991 and is currently ISO9001: 2000 registered.
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INITIAL INVESTMENT

Their starting investment is 1000000, and Dhirubhai founded Reliance Industries in ahmadabad.

BREAK EVENT
We are currently capitalised Rs 3,100 crore. We will need another Rs 138 crore this year. We hope to contain the capital requirement from then on. y Globalising our operations is one of our long term aims but there are no immediate plans. We will need the approval of IRDA and the regulator of the country where we want to venture.
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COST RATIO
the beginning will help us reduce costs. y Our cost ratio was at 29 per cent in 2008-09. We brought this down to 20 per cent last year. This year we should be below 20 per cent. We plan to bring it below 10 per cent in the next two years which will be around seven years from when we entered the business. y Growth in premium and our dependence on the technology right from
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COMPETATORS
AIRTEL y AIRCEL y VODAFONE y DOCOMO y IDEA y BSNL
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COMPETATORS
SUN DIRECT y TATA SKY NET CONNECTIVITY y BSNL y TATA INDICOM y TATA PHOTON WHIZ y TATA PHOTON PLUS
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RELIANCE EXPERIANCE
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Low level of literacy on part of clients Information asymmetry Lack of trust of MFIs and Tax man Methodology suited for trading enterprises Monitoring and reminders are critical

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Diversion of funds is always a risk Absence of permanent addresses business & residential Risk of collusion between loan officers and clients to access larger loan amounts

Women higher risk of loan proceeds being transferred to husband Majority of micro-entrepreneurs are migrants with limited assets & proof on ownership Burden of caring for an ill member of the family, ceremonies & burials Planning for the education of children Islamic vs conventional banking interest. Need to maintain a diversified portfolio

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Lesson learnt - Transparency & Reporting to stakeholders

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Set Social Performance Indicators and measure and report accordingly i.e. GRI; CGAP standards Establish clearly the vision and mission of company Instil the mindset of responsible financing amongst employees, managers & directors Influence government and regulators to promulgate legislation that seeks to address unfair practices

ACHIVEMENTS OF RELIANCE
The world's largest producer of Polyester Fibre and Yarn y 4th largest producer of Paraxylene (PX) y 5th largest producer of Purified Terepthalic Acid (PTA) y 7th largest producer of Polypropylene (PP) y Reliance's refinery at Jamnagar is the third largest refinery at a single location in the world.
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Reliance pioneered the first ever Euro Convertible Bond issue by an Indian company. y Reliance is the first private sector company in India to be rated by international credit rating agencies. y First corporate in Asia to issue 50 and 100 years bond in US debt market. y First private sector company in India to record a net profit of US dollar of over 1 billion.
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MISSION

Our mission at Reliance Health is to strengthen the delivery of health services to communities we serve. Reliance Health has a commitment to the principles of quality, value and service.

VISION
An integrated health services offering comprehensive range of services to individuals and groups. y Reliance Health believes in the concept of fully integrating all components of care into a seamless health delivery system, under single governance and leadership. y Physicians, hospitals, clinics, suppliers, insurers and others who join Reliance Health will lead the process of accountability and demonstrate value to their partners and the community.
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THANK YOU..