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Mukesh Ambani to set up Reliance University

Mukesh Ambani, the CMD of Reliance Industries Ltd, was honored by the inaugural Dean’s Medal from the University of Pennsylvania on January 8, 2010. The honor was bestowed upon the leading CEO of India by the Dean of the School of Engineering and Applied Science, Eduardo Glandt. The award was presented in an evening ceremony held at the Trident Hotel in Mumbai, amidst eminent industrialists and celebrities, which included the likes of Kumaramangalam Birla, Anand Mahindra and Sachin Tendulkar. Mukesh Ambani was honored by the medal due to his “visionary leadership” in the application of engineering and technology for the betterment of mankind.

In his acceptance speech, Mukesh Ambani mentioned the latest undertaking by the Reliance Foundation – the Reliance University. Mukesh Ambani announced that the ‘world-class’ university would be set up under the supervision of his wife, Mrs. Nita Ambani. He went on to express the fact that there was a “requirement for a global paradigm shift to include a focus on real engineering instead of financial engineering in light of the recent economic crisis”. The university would be situated either outside Delhi or Mumbai, for which the process of identifying land has already been initiated. The university by the Reliance Group would seek to promote education and research in sectors that would range from liberal arts to technology.

According to Mukesh Ambani, though the university would be international in scale and best practices, it would have an “Indian soul”. The university would have tie-ups with various international universities and would be designed on the lines of American universities such as The University of Pennsylvania. It would initially offer undergraduate courses and later progress to postgraduate and doctoral courses. Dhirubhai Ambani too had been conferred by a Dean’s medal, though from the Wharton School of Management.

Posted on January 27th, 2010 by supervisor

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Trianz: A good financial dose


Sometimes we come into such tough conditions in the financial business that we find it very hard to come out of it and at last we lose all hopes and take the decision of shutting it down. This is the case which most of us. But now with the advent of Trianz, you will not be compelled to take this decision. Train is somewhat like a business organization which offer you tons of financial information and details. Most of the time it has been found that people lacks basic of business, which is the main reason for their failure. Trianz has tried to work on this concept only. Trianz know that you all are capable of running a good and successful business, the only thing which you need is either good assistance or some source of income. Hence you must pay proper attention towards it. Your life can completely change if you take the right decision in the right manner. Hope you will assess your situation in the correct manner. Trianz has always provided the people what they have wished for. They will certainly do the same thing for you.

Posted on January 26th, 2010 by supervisor

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Cash advance payday loan


Once you and your lender reach an agreement, your lender will electrocially transfer your cash to your bank account. Your lenders fee is due when your loan is due. There are several benefits to getting a quick personal loan. Here are a few tips to aid you understand how cash advance loans work. Cash Advance Payday loan provides you on the spot access to the cash, you so badly need. The loan can be used for a various purpose. As well, online cash advance companies offer solitude and ease. There are several benefits to getting a quick personal loan. If you are not capable to pay back the loan, get in touch with the loan company and extend the cash advance term.

Posted on January 23rd, 2010 by supervisor

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Check out for cash advance


To meet your financial problems and situation, getting cash advance is also easy through online. If at the time that you pay out your check, you still find yourself inadequate, you can write another check and receive the original loan again until your next payday. That is the trap. The companies provide you with a debt counselor who will negotiate with your credit card company as to the best settlement program for you. You also have to consider the reputation of the payday loan company as some payday loans. Payday Loan Review website play an important role in decision making and can the main sources of information.

Posted on January 23rd, 2010 by supervisor

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Mukesh Ambani gets medal from University of Pennsylvania


Reliance Industries Limited (RIL) Chairman & Managing Director Mukesh Ambani was awarded the inaugural Dean’s Medal from the University of Pennsyvania’s Eduardo Glandt, Dean of the School of Engineering and Applied Science today.

The medal was awarded to Mr Ambani at a function here in recognition of his “visionary leadership” in the application of engineering and technology for the betterment of mankind. .

“The medal is an acknowledgement for Ambani’s ingenuity and initiative to usher in Reliance’s vertical integration journey from textiles into fibers, petrochemicals, petroleum refining and eventually oil and gas exploration and production. Today, Reliance is a global leader in polyester, petrochemicals and refining, including the world’s largest petroleum refinery complex at Jamnagar. His vision of energy security for India was realized through an aggressive exploration program which resulted in the world’s largest gas discovery in the year 2002. The field eventually doubled gas production in India,” a press release from the School said.

“Mukesh Ambani embodies what the engineering profession can contribute to a country, as someone who seeks to apply technology for the betterment of society,” Mr Glandt said.

Mr Ambani said in his acceptance speech that he would treasure this medal. “It is much more than the recognition of the modest contribution as a chemical engineer from India. It recognizes the collective achievement of the Reliance family and the creativity of over 25,000 engineers in Reliance. I dedicate this Medal to the indomitable spirit of our founder chairman, Dhirubhai Ambani and each and every member of the Reliance family,” he said.

Mr Ambani joined RIL, founded by his father Dhirubhai Ambani, in 1981 after receiving a bachelor’s degree in chemical engineering from the University of Mumbai and pursuing a master’s degree at Stanford University’s Graduate School of Business.

Among Mr Ambani’s numerous honors are the 2007 US-India Business Council “Global Vision” Award for Leadership; the 2006 “ET Business Leader of the Year” Award by the Economic Times and the first NDTV-Profit “Global Indian Leader Award” in 2006.

In 2008, Mr. Ambani was elected Vice Chairman of the Executive Committee of the World Business Council for Sustainable Development. He is a member of the Prime Minister’s Council on Trade and Industry and of the Board of Governors of the National Council of Applied Economic Research. He is also Chairman of the Board of Governors of the Indian Institute of Management, Bangalore, and a member of the Indo-US CEOs Forum, the International Advisory Board of Citigroup, the International Advisory Board of the National Board of Kuwait, and the Advisory Council for Stanford University’s Graduate School of Business, among other appointments.

The University of Pennsylvania is a world leader in higher education, drawing 10,000 undergraduates from around the world and more than 11,000 additional students enrolled in Penn’s 12 graduate and professional schools.

The School of Engineering and Applied Science at Penn is one of the oldest in the United States, established in 1852 as a School of Mines, Arts and Manufactures. It has since grown into a centre of excellence in the creation of technology, leading to the first general-purpose digital computer, ENIAC, making Penn the birthplace of the digital revolution.

Posted on January 8th, 2010 by supervisor

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Mukesh Ambani led Reliance rejects channel reports on YSR’s chopper crash

Mukesh Ambani controlled Reliance Industries Ltd (RIL) today rejected as “false” and “malicious” a news report on some Telugu TV channels alleging it may have had a hand in the helicopter crash that killed former Andhra Pradesh Chief Minister Y S Rajasekhara Reddy.

“We are shocked and outraged at the false, malicious, motivated and libellous news on TV-5 channel concerning the fatal mishap of Reddy’s helicopter. We condemn, rebut and reject the allegation with the contempt it deserves,” an RIL statement said.

Alleging that it was the “dirty handiwork of our business rivals in cohoots with TV-5,” it said, “This is also evident from the well coordinated attacks on RIL’s personnel and establishments in Andhra Pradesh within minutes of the telecast by TV-5.

Source: http://ril.com/downloads/pdf/PR08012010.pdf

Posted on January 8th, 2010 by supervisor

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Things you should take into consideration before selecting a debt settlement company


Debt settlement advice is the best solution to get out of debt and of financial obligations. We are happy to spend to live a luxurious life, but the overdraft is often threatening our lives. Devil in us is catching a hand whenever we spend too much. Not always can we fight the devil himself. We need one who will lead us to discard them. Similarly, to provide relief to companies, either a solution or consolidation to help you track financially independent life.

Debt settlement programs debt settlement advice is what we usually preferred because the arrangement of your duty to destroy. The settlement involves the company of lawyers who provide solutions for borrowers. They also give advice on how to lead healthy financial lives. Representatives to negotiate credit card debt with creditors cut down on late fees, as well as make some changes in monthly payments according to your wishes. All these are for a small fee, just that even if the solution to offset their financial burden.

Essential things to consider before using a debt consolidation program

Some key points that should be borne in mind are: –

> Make sure the company is legally a member TASCAM (Association clearing firms). This is because TASCAM monitors and examines the work of companies where the company holds its strict rules and regulations.

> Check symbol on TASCAM pages is not enough as the symbol can be inserted copy. See the program from TASCAM.

Posted on January 4th, 2010 by supervisor

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What are Payday Loans and why Would Lenders Allow People with Bad Credit to Apply for It?

If you are badly in need of cash and your pay check is days away, there are now many online cash advance lenders to choose from. This type of credit is quite easy to get (it usually takes a couple of minutes to just a few hours). But people who have bad credit may have some inhibitions when it comes to applying for any type of loan—even payday loan. Fortunately, bad credit would not disqualify anyone from applying for a bad credit payday loan.
What Causes Bad Credit in the First Place?
There are various reasons why a person would have bad credit history:
• Late or non-payment of bills, loans and other debts
• Late payment of council tax
• Identity theft
• Unfulfilled financial contracts that are reported to credit reference agencies
• Frequent changing of address or jobs
• Erroneous records on any of the three major credit bureaus

These factors would make ordinary lenders turn down any requests for loans. But for companies who offer an option for bad credit payday loan, bad credit is never an issue.
A Loan minus the Credit Checks
A cash advance payday loans can be applied for online without any requirement for credit checks. You may be able to use this money for whatever purpose you deem necessary. This could be anything from medical bills, utility bills, emergency car repairs, even a vacation package that you just can’t wait to have.
The loan can be deposited in a savings or checking account in just a few hours after it gets approved. There are very few instances when an application for a bad credit payday loan is not approved. In fact, with just a steady income to back up your application, the lenders will be more than eager to transact with you (some could even give up to a thousand dollars!).
Payday loans are designed for short-term cash needs and should not be considered as a source of regular lending. The interest rates vary from one payday loan company to another that is why it is best to scout for the one that offers the lowest interest. Promos are quite common especially for first time borrowers. Some companies would offer substantial discount rates for new borrowers. This could also be true for reapplications on existing payday loans.
Bad credit should never stop you from obtaining a online cash advance. After all, there is no need to worry about any credit checks. The only verification that the lending company would do is to check on the personal and employment information that you have provided. These often include your complete name; current address; employer; salary amount; etc. Other than these, the loan is as good as approved. Bad credit payday loan companies are not concerned with bad credit neither will take a glance at your credit report. All that these lenders would do is to contact your employer to check if you are really employed and to ask if the salary that you have declared is valid.
Online lenders, rest assured, approve online applications quickly and you will have the cash that you need the soonest possible time.

Posted on November 10th, 2009 by supervisor

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Benefits of Vehicle Leasing

Vehicle leasing is one of the major activities which most of the companies have started to follow. Each and every company needs certain vehicles to pick and drop their employees. Owning a car and maintaining will increase the expense of their company. In order to avoid this expense the best way is to hire a vehicle of your choice. There are many Contract Hire service stations across the globe from where you can choose the type of vehicle you want. If you want to lease a car contact Contract Car Hire and pay a certain fixed price to hire your car. You can also select the car of your choice by accessing their website. Depending on the budget you can choose the car. One of the major expenses which will be is the maintenance. Some of the leased cars are used cars and therefore people have to spend more on their servicing and over oiling the vehicle. Also Business Car Hire is more expensive when compared to Personal Car Hire. However in Business Car Leasing deal you have to option to choose from many cars when compared to the number of cars in Personal Car Leasing. Make the best use of the benefits and offers which are being provided from the Contract Hire service.

Posted on July 19th, 2009 by supervisor

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Useful ways to get timely financial assistance

People in the modern world are very much concerned about comfort and dignity that they get. For this they are ready to spend loads of money too. This can lead them to a situation wherein the money shortage can lad him / her to seek Mortgage Brokers. This can be ethical until the person is well in time to pay the debts. If he / she are not in apposition to pay their debts, then comes to problems chasing their patience and happiness. Some people do get lot of debts based on advice obtained through online websites. These websites furnish Free Mortgage Advice that could prompt people to get money by keeping their assets for long duration of time. Sometimes certain litigations arise due to the conflict between mortgager and customer. This can be solved through legal background thereby exercising the legal rights of customer. One should have just one question in mind, how to value a mortgager, the answer to this question would be seeking help from Mortgage Finder. On strict evaluation, one can scope just optimum interest rates that could suit the person’s financial position ending up in smooth repayment module in organized manner without involving any conflict between mortgager and customer.

Posted on July 18th, 2009 by supervisor

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