Mukesh Ambani

With unhindered access to boardrooms acrossthe world, management guru Ram Charan has mentored CEOs and entrepreneurs alike.

American Society for Trainingand Development (ASTD) has honored the RelianceIndustries Ltd’s (RIL) Nagothane petrochemical manufacturing unit ‘Excellence in Practice’to achieve world-class safety in plant operation.

It’shardly news that Anil Ambani has amajor D6 gas pricing dispute against his brother Mukesh awaiting judgement in India’sSupreme Court. But PETROWATCH learns the younger son of legendary Indianindustrialist the late Dhirubhai Ambani - and the world's third richest Indianafter brother Mukesh and steelmagnate Lakshmi Mittal - hasthousands of legal cases pending against him. 

Company Overview:

While Tata Group Chairman, Ratan Tata is the most admired and mostrespected business leader of the MBA students at India's top MBA schools, Anil Ambani, Chairman of Reliance ADAG happens to be the leastfavourite among the MBA graduates. 

Higher natural gasproduction from the KG D6 fields offthe eastern coast of Indiais likely to buoy revenues of RelianceIndustries Ltd, or RIL, in theDecember quarter though lower margins on petrochemicals and oil refining areexpected to temper profit growth, according to analysts tracking India’smost valuable company. 

TheAndhra Pradesh Police on Monday arrested the former president of the NationalStudents’ Union of India (NSUI) for allegedly masterminding the January 7attacks on the property of Reliance Industries.

RelianceIndustries Chairman Mukesh Ambanihas been awarded the inaugural Dean's Medal by the University of Pennyslvania's School of Engineering and Applied Science.

"The recognition was for his visionary leadership in the application ofengineering and technology for the betterment of mankind," Reliance Industries said in a statementtoday.

Reliance Industries'eastern offshore KG-D6 gas has helped fertilizer companies bring down cost ofurea production by 18 per cent and has helped save about Rs 4,760 crore infertilizer subsidy. 

According to theFertilizer Industry Coordination Committee (FICC), the average provisional costfor urea production in 2009 has come down from Rs 13,509 per tonne to Rs 11,084per tonne after KG-D6 gas replaced costlier alternative fuels like naphtha.