Reliance - More Jobs to Jamnagar

Reliance Industry's upcoming project is massive and is aiming to create more money and jobs.

RIL's Cracker project is being revived, this was on hold after the 2008 economic crisis.

As of now RIL project execution and management team is working on technology selection and pilot start up. Once done, contracts will been awarded, this brings news of more jobs shipping to Jamnagar.


This cracker project will be completed by 2014.

Sibur - Reliance JV for Tyre Manufacturing

Reliance Industries and Russian Tyre Giant Sibur will create a unit to manufacture rubber for automobile tires in India.


The two companies have signed a MOU to set up the JV in India.

The venture will produce butyl rubber at Reliance petrochemical complex in Jamnagar

Palace Robbery : Man set himself ablaze

A Convict in question is a middle aged man , just caled in , in connection with the recent Ranjitsinhji Palace robbery.

A person named Devish Godhadiya, suffered 70 per cent burns and was rushed to G G Hospital.

Godhadiya set ablaze himself and few Police spotted him near the police station, Godhadiya has earlier been accused in theft brass parts theft cases in Jamnagar.

15% Profits Rise by RIL

Reliance Industries announced its first profit rise since last year. India's largest company by market capitalisation grows by 15.8% to 40.1bn rupees ($861m, 530m USD).

This performance was boosted by higher natural gas production. Income for the third quarter jumped 80 percent to 568.56 billion rupees.

Reliance operates the world's largest oil-processing complex in Jamnagar, western India, where two adjacent refineries have a combined capacity to process 1.24 million barrels of oil a day.

RIL backs off Jamnagar GI Tagging Plans

Jamnagar News First reported the GI Tag initiative, Almost a year back we found that Jamnagar Bandhani may get Jamnagar GEO Tagging.

Now taking some firm steps, Chennai-based Geographical Indication (GI) Registry has decided to clean off its old files and already granted brand new GI certificates for high value brands. These brands includes names like 'Tirupati Ladu', 'Banarasi Sarees' and 'Goan Feni'.

Jamnagar is not behind either, India's most valued company Reliance Industries had also requested for registeration of GI Tag for its five products

• Jamnagar Petrol
• Jamnagar Fuel
• Jamnagar LPG
• Jamnagar Diesel
• Krishra Godavari Gas
  

These are the products that are produced from RIL's Jamnagar refinery and Krishna Godavari basin. Later, RIL withdrew its applications, many says that this is because RIL has plans to have the KG GAS used in Lyondellbasell Reliance Refinery.

Jamnagar ni jay

Naam bhale Jamnagar hoy,Pan Chota Kaashi pehchan 6,
Ek Bhujiyo Kotho ne bijo Lakhota amari jaan 6,
Army,Navy,Airforce amari shan 6,
Ekvar avine juo, Marvanu pan mann thay evu smashan 6,
Kanku Kajal, BANDHNI, Surmo, Mithai,Pan ne Brass nu jag aakhama naam 6,
Reliance,Essar,TATA ne GSFC ni jagat aakha ni jaan 6e,
Solarium nu India ma naam 6 ane Aryurved nu to DUNIYA ma naam 6,aavu
amaru Jamnagar 6,ho bhai.

Jay Ho Jamnagar ni.

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Thanks to Haresh pandya

Reliance Eleven VS India Eleven : Match

Come Tuesday and Cricket starts of India will descend in Jamnagar, Well Motikhavdi to be precise. 29 Dec, Reliance Industry is hosting a friendly cricket match between Reliance Eleven and India Eleven.

Players who confirmed their presence are Sachin Tendulkar, Virendra Sehvag, Harbhajan Singh, Virat Kohli, Harbhajan Singh, Dinesh Kartik, Ravindra Jadeja, Gautam Ganbhir and Ashish Nehra

The event is by invitation only and Reliance Officers will be enjoying the event.

RIL Stops Gasoline to Iran

As expected, Reliance Industries has stopped the gasoline and gas oil to Iran since April, these also means that RIL is in lead of acquisition and want to escape sanctions by the US.

RIL was selling mostly gasoline to Iran but has since April to this year RIL has completely stopped shipments from Jamnagar refinery.

With this news, it is almost clear that RIL will catch hold of LyondellBasell.

Dwarka : Two Terrorist Killed In mock drill

Two Terrorist killed and Police captured 2 terrorist as a part of Mock derill organised with CRPF, Police and Local officials.

Dwarka Temple localites and Dwarka town residents were shocked to hear about the terror strike, but got relief when found it was a mock drill.

Cyclone Phyan : Gujarat On Alert

As Warned by MET.  

Phyan, A Cyclone of Level 3 may hit coasts of West-South Gujarat and Specially Jamnagar by tomorrow, Citizens are adviced to stay alert, Sea-shore activities are reportedly prohibited

Reliance Refinery Capacity to Increase

Reliance Industries Ltd (RIL) is planning to increase the capacity of Jamnagar refining facility, Jamnagar Refinery will have its production raised by onether quarter and it will total to 720,000 barrels a day (bpd). Post its commissioning in december, Jamnagar Reliance Refinery Unit 1 boasts capacity of 650,000 bpd.

It is interesting that RIL Refinery is operating at capacity 12% higher then the official output capacity, once the new setup will get commissioned (in about a year) the total output of the refinery will be amongst world largest refinery in terms of output capacity. Total refining capacity of this complex will become 1,380,000 bpd.

Although these are vibes for shareholders, petro analysts are very cautious, the refinery produce market is alrady over supplied and this expansion seems only a trick to not to pay heavy taxes to Indian Governement. When questioned RIL declined to comment on this issue.

Jamnagar Refinery Complex is already the world's largest refining hub.

RIL Issues Bonus Share - Dividend

RIL on Wednesday announced its plans to issue one bonus share bonus share for each share held. Profit from Jamnagar's Refinery has helped RIL take the decision and boosted sentiments of RIL Sharehoders. Addition to the bonus A dividend of 13 rupees is also announced.

RIL's consolidated net profit stand at 152.96 billion rupees for the year ended March 31, 2009. The number also includes figures from Reliance Petroleum Ltd.

Degree , Diploma Engineering College from RIL

3 years back Mukesh Ambani announced RIL's plans to create a world class university in Gujarat during the Vibrant Gujarat Global Investors Summit at Ahmedabad.


Working on the same directions, group President of RIL Parimal Nathwani, , announced that RIL will enter in education sector, he made this announcement at inaugural function of Khodiar colony branch of Navanagar cooperative bank in Jamnagar early this week.


Reliance Industries Limited(RIL) is entering in education sector, with a good name in DAICT and Dhirubhai Ambani schools and colleges doing extremely good through out the nation, RIL will start world-class engineering colleges Jamnagar and Vadodara.

RIL has sound presence in Jamnagar with its world class refinery and IPCL infrastructure in Vadodara, RIL will also start a diploma polytechnic college in Dwarka (Jamnagar).

Pulses worth 34 lakh seized

Tackling the black marketeers in saurashtra, On Sunday, Jamnagar civil supplies department captured pulses worth Rs 33.75 lakh.

Jamnagar Civil supplies department captured the pulses near Sanjay Nagar area, located in outskirts of the Jamnagar. Civil Supply Inspectors revealed that around  91,000 kg of tuver / chana dal were recovered during the raid.

Owner of the Krishna Industry are taken in police custody. It was known that large discrepancy in the storage accounts of the firm was reason behind suspecian adn the raid.

Total pusle cost is around 34 lakh.

Rain , Agriculture , Shravan and more

In last 56 hrs Jamnagar recorded around 340mm of rainfall. Local government has alerted the authorities because of water logging caused by incessant rain.

Jamnagar district agriculture department claims that the district has completed 94% of sowing, more rain could wipe-off the plantation.

Along with the rain comes the Shravan month of devotion and celebration. thousands of pilgrims, including those from non-resident Gujarati community, have started flocking to various temples of Saurashtra, Somnath and Dwarka being the main attractions.

Jamnagar district collectorate of Dwarka and management board of Jagat Mandir in Dwarka have begun preparations for the Janmashthami celebrations. Devotees have already started thronging the town to attend the celebrations. In a recently convened meeting attended by Rajya Sabha MP and Dwarkadhish Devasthan Samiti chief Parimal Nathwani and collector VP Patel, preparations for the big day's events were discussed.

Water Crisis - worsening

After many years, Jamnagar Citizens will see a sight long forgotten - water tankers.

Delayed monsoon is draging reserviour levels to new lows and many people in the region will have to rely on water supplied through tankers if the monsoon gets delayed by a week or more. Of 109 / 120 reservoirs in Saurashtra-Kutch have hit rock bottom or are on the verge of it.

Cities like Jamnagar and Bhuj cities will need to look for alternative arrangements like supplying underground water to the residents through tanker services to tide over the situation.

The situation is worst in Jamnagar as only 6.31 per cent of the quantum is left in the 30 dams in Jamnagar. Over 55 villages in the district has already started water supply through tankers. This number is likely to go up, if rains don't come within a week or so.

Reliance Coker Unit - Minor Fire

Last Wednesday, fire broke out on at Reliance Industries' newly commissioned export-oriented Oil refinery, there were no casualties as the fire was small.

Coker unit of the 5.8MMTPD refinery of Reliance Petroleum, was commissioned in December 2008, this was the place which caught fire. RIL spokesman maintained that the rest of the refinery was operating normally and product dispatches continued as scheduled.
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RIL - RPL Merger Highlights

Today, Reliance Industries have approved a scheme of merger of its subsidiary Reliance Petroleum (RPL).

Once the merger is completed, shareholders of RPL will receive one fully paid equity share of Rs 10 each of the company for every 16 fully paid equity shares of Rs 10 each of RPL held by them.

Below are the highlights of the RIL RPL Merger meeting

• RIL-RPL Merger: Swap ratio at 16:1.
• RIL to issue 6.92 cr shares to RPL shareholders.
• RIL to extinguish Treasury Stock.
• Merger to be effective from April 1, 2008.
  
• Merger to give no tax relief for RIL.
• Merger to be EPS positive.

Mukesh Ambani, chairman and managing director of Reliance Industries said, "The merger follows enduring philosophy of creating shareholder value."

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RIL - RPL Merger : Chevron Aspect

On Friday, Reliance Industries Ltd Announced its plans of RIL - RPL merger.

This will also mean that US Petro giant Chevron Corp. won't exercise its option to raise its 5% stake in Reliance Petroleum's 580,000-barrel-a-day refinery at Jamnagar.

On Saturday, US oil major Chevron confirmed its exit from Reliance Petroleum (RPL), and declared that it will sell its five per cent stake to Reliance Industries (RIL). After this, RIL's stake will be up to 75.38 per cent.

RIL Management will discuss the merger on Monday.
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Brass Parts Industry Collapsing On Raised Import Tariffs

Brass Parts Industry leader asked for reduction in Customs tariff, what they got was increase in the tariffs.

This now lead to collapse of the only surviving native industry in Jamnagar.

Due to increase in Brass Part Industry raw material, more than 60 per cent of the units are closed.

Brass Part Industry in jamnagar employs nearly 1.5 lakh workers.

There are around 4,000  Brass / metal Part industry units in Jamnagar, almost 90 per cent of which runs on imported brass scrap mainly received from China.

These Brass Parts units are now in a shock when the Centre raised Customs duty by 567 dollars per metric ton on December 15, these is double the price of the earlier brass part import price, this also resulted in backlog of 300 brass scrap containers at the Kandla Port.

Brass parts industry in Jamnagar accounts for 80 % of the total brass components (electrical, automobile or sanitary) produced in India.

Thousands of many small Brass parts unit owners in Jamnagar are collapsing,  earlier they used to earn 40-50 lakh per annum unit, now these units can not even touch mark of Rs 6-8 lakh.

Naturally this is way too insufficient.

If govt will not act soon, remaining Brass Parts unit may need to close as well.

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