Reliance Industries Limited: Effect of Globalisation

Reliance Industries Limited: Effect of Globalisation The Reliance Group, founded by Dhirubhai H. Ambani, and is one of the largest private sector companies in India, with businesses in the energy and materials value chain. Reliance Groups annual revenues are in excess of US$ 58 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company. Reliance activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail and special economic zones. Reliance is the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products. Major Group Companies are Reliance Industries Limited (including main subsidiary Reliance Retail Limited) andÂÂ  Reliance Industrial Infrastructure Limited. Reliance Group is a highly diversified group and is in to multiproduct business like oil/gas exploration, retail of petro/consumer products and mfg. of petrochemical/refining and textile products. Here I have summarised how Globalisation has affected the survival and sustainable development of Reliance Industries Ltd. GLOBALISATION If I were to summarise in one word as to what is Globalisation Liberalisation is leading to.. I will say Competition. Globalisation has a significant impact on entrepreneurial enterprises in many ways. Globalisation provides a great opportunity for entrepreneurial ventures to expand their business internationally. With the help of local governments, large corporations, and international organisations, entrepreneurial enterprises are able to confront the challenges posed by globalisation and economic liberalisation, to improve their competitiveness in the global market, and better serve the global consumers. A number of hypotheses are examined to understand how globalisation has affected the survival and sustainable development of entrepreneurial enterprises. Globalisation has forced Reliance in the following ways It has aligned with the global trends Development policies and compensation systems were put in place. Built leaders within organisation, within this talent pool. International Business Environment affects the development of RIL India imports about two-thirds of its crude oil requirement. Exploration and production of oil and gas is critical for Indias energy security and economic growth. Reliances oil and gas exploration and production business is therefore inexorably linked with the national imperative. Exploration and production, the initial link in the energy and materials value chain, remains a major growth area and Reliance envisions evolving as a global energy major. Over the years the EP industry has registered significant growth, primarily due to spiraling crude oil and gas prices. With growing competition and ever growing demand for energy, especially from developing countries, the focus is on energy security. RIL began gas production within six and a half years of gas discovery, in comparison to the world average of 9-10 years for similar deep water production facilities. Continuous gas production for about a year, with 100% uptime, once again demonstrates the Companys flawless commissioning and execution capabilities. In April 2010, RIL entered into a joint venture with the USA based Atlas Energy, Inc. (Atlas) under which RIL acquired 40% interest in Atlas core Marcellus Shale acreage position. RIL has become a partner in approximately 300,000 net acres of undeveloped leasehold in the core area of the Marcellus Shale region in south western Pennsylvania for an acquisition cost of $ 339 million and an additional $ 1.36 billion capital costs under a carry arrangement for 75% of Atlass capital costs over an anticipated seven and a half year development programme. Low operating costs and proximity to USA northeast gas markets combine to make the Marcellus Shale region one of the most economically attractive, unconventional natural gas resources play in North America. The acreage will support the drilling of over 3,000 wells with a resource potential of approximately 13.3 Trillion Cubic Feet equivalent (TCFe). While Atlas will serve as the development operator for the joint venture, RIL is expected to become a development operator in certain regions in the coming years in the JV. Atlas will continue acquiring leasehold in the Marcellus Shale region and RIL will have the option to acquire 40% share in all new acreages. RIL also obtained the right of first offer with respect to potential future sales by Atlas of around 280,000 additional Appalachian acres currently controlled by Atlas (not included in the present joint venture). The RIL-Atlas joint venture has the potential to become one of the largest prime acreage holders in the Marcellus Shale region. This joint venture will materially increase RILs resource base and provide an entirely new platform from which to grow its exploration and production business while simultaneously enhancing its ability to operate unconventional projects in the future. Additionally, RIL has farmed out 20% PI in the blocks Borojo North and Borojo South in Colombia; and 30% PI in block 18 and 25% PI in block 41 in Oman. The Regional Government of Kurdistan has assigned third party participating interest of 20% each in blocks Rovi and Sarta to M/s OVM; the assigned agreement is yet to be signed by RIL. RIL now has 13 blocks in its international EP portfolio including 2 in Peru, 3 in Yemen (1 producing and 2 exploratory), 2 each in Oman, Kurdistan and Colombia, 1 each in East Timor and Australia; amounting to a total acreage of over 93,500 sq. kms. Sustainability Strategy adopted/used by RIL in Global Markets Reliance has made sustainable development a cornerstone of its business strategy to achieve sustainable and profitable growth. RIL adopted principle of materiality and prioritized key issues after collective deliberation by management and key stakeholders. These issues include; Energy Security, Health Safety, Corporate Governance and Transparency, Product Responsibility, Climate Change and Waste Management. RIL sustainable development strategy draws on proven technology and risk management framework and evolves from the materiality analysis that has been performing over the years. The focus areas under sustainability development strategy include the following: Energy Security As a company RIL involved in the energy and materials value chain, so it is committed to responsible use of energy. Its systems and processes ensure optimum energy usage by continuous monitoring of all forms of energy and increasing the efficiency of operations. Growth through Innovation RIL firmly believe that growth through innovation will give a big competitive advantage and will be a key differentiator. Companies goal is to make RIL one of the most innovative companies in the world and to achieve breakthrough growth in revenues and profits by creating and implementing sustainable solutions. RIL is developing an innovative ecosystem that builds on organisational systems and processes, talent management, open innovation and world class RD facilities. Health and Safety Safety overrides all production targets this vision drives RIL to continuously look for ways to achieve zero accident at workplace. RIL vision is to develop a dedicated pool of safety professionals and lead in safety performance across its operations by focusing on process safety and behavioural safety.. Environment Protecting the environment and preserving natural resources is a high priority area. Through annual environment plan and business targets, RIL identify projects and take action to reduce water consumption and become carbon neutral and achieve maximum possible recycling and reuse of wastes. RIL set targets for key environment-related performance indicators such as material intensity, GHG emissions, air quality, water consumption, effluent discharge, waste generation and disposal, and conservation of bio-diversity. Product Responsibility For RIL, product responsibility is to offer efficient and reliable product and services with minimum environmental impact throughout the life cycle of the product from the cradle to the grave. Its product and services are designed, manufactured and delivered with principle consideration of customer safety. Social Institution Building Social welfare and community development is at the core of RIL/s Corporate Social Responsibility (CSR) philosophy. RIL strategy is to have close and continuous interaction with the people and communities around our manufacturing divisions to bring qualitative changes and support the underprivileged. Strategy Milestones Made significant investments in EP of OG to secure energy supplies Implemented systems to monitor and measure sustainability performance Introduced sustainability awareness programmes in the intranet Formed the Reliance Innovation Council Sustainability report assured by an independent assurance provider

Macbeth :: essays research papers

In Shakespeare’s Macbeth, supernatural powers are used by the three witches. These powers are called familiars. A familiar is a spirit often embodied in an animal and is there to serve and guard a person. Each of the witches possesses a familiar except for the third witch. Her familiar is never laid on the table for us to see. In my paper I will show how the owl is the familiar of the third witch.   Ã‚  Ã‚  Ã‚  Ã‚  First you must understand what a familiar is. In Websters dictionary the word familiar is defined as a closely acquainted; an intimate associate or companion, a spirit embodied in an animal and held to attend and serve or guard a person. The clichà © of a familiar is associated to witches and demonic characters. But, this is a very untrue statement. A pet can also be a familiar to a regular person. There are four types of familiars. The first is a physical creature who lives with and has an emotional bond with a human. The second type of familiar is a creature which attaches itself to a human for the purpose of aiding him or her. The third type of familiar is an element spirit. Some witches call upon a spirit to overcome an obstacle. The fourth type of familiar is the sprit of someone who has died. They come back for some reason or purpose usually to set straight an event. These are all different types of familiars, but the one of my focal point would be attachment. In Macbeth, the owl aides the witch and also offers protection and acts as an overseer.   Ã‚  Ã‚  Ã‚  Ã‚  The owl is a familiar which is associated with both good and evil. In ancient Greece, the mythological Athena, the goddess of wisdom, held the owl as her bird. The owl served a s a protector to her and accompanied armies to war. The owl was also an inspiration in everyday life for the common man. Some village healers also used familiars to help diagnose illness and to find lost objects and treasures. But, most commonly, the owl is said to be the root of all evil.   Ã‚  Ã‚  Ã‚  Ã‚  In Roman mythology, a superstition was that witches transformed into owls and sucked the blood from innocent children. Another superstition which surfaced during the middle ages in Europe, was about an owls appearance at night. It is said that when people are helpless and blind, the owl is linked to the unknown, and if an owl called at night, the air would be filled with apprehension: a death was imminent with some evil

The Software Piracy Problem in China :: Technology

The Software Piracy Problem in China 1. The truth: Software piracy at issue in China. Surprisingly, software counterfeiting has such a profitable global market that â€Å"organized criminal groups using the proceeds from software counterfeiting to pay for terrorist operations overseas†, according to Brad Smith, Microsoft general counsel international. [1] Even though most people nowadays are aware of pirated software either from various news medium, or by seeing illegal software copies distributed among friends or students in their personal PCs, it would still be a shocking fact that, in the year 2000, software companies estimated that they lost $12 billion in revenue because of counterfeiting. That's 15% of the industry's $80 billion in worldwide sales.[2] Although software piracy is undoubtedly a global issue, people have been paying special attention to this issue in China. The truth is that, even though the piracy rate is increasing worldwide and the rate rose in 2000 to 37% from 36% in 1999, which means 37% of the software sold is estimated to be fake, the software piracy rates in China are up to 92% in 2002 according to Business Software Alliance (BSA). [3] Compare to China, in U.S. the average piracy rate by states is only 25.1%. Software piracy has different types. BSA identifies five common types as follows.[4] First, end user piracy. It occurs when a company employee reproduces copies of software without authorization, including using one licensed copy to install a program on multiple computers, or copying disks for installation and distribution, etc. Second, client-server overuse. It occurs when too many employees on a network are using a central copy of a program at the same time. Third, Internet piracy. This occurs when software is downloaded from the Internet where the same purchasing rules should apply to online software purchase as for those bought in traditional ways. Fourth, Hard Disk loading. It occurs when a business that sells new computers loads illegal copies of software onto the hard disks to make the purchase of the machines more attractive. Finally, Software Counterfeiting. This type of piracy is the illegal duplication and sale of copyrighted material with the intent of directly imitating the copyrighted product. In China, most of the software piracy is conducted as the type of Software Counterfeiting. Street gangs selling pirated software can be easily seen in grey market anywhere in China. 2. Who is able to protect your software right? The government?

Comparing The Lamb and The Tyger by William Blake Essay -- English Lit

Comparing The Lamb and The Tyger by William Blake In this essay I am going to analyse, compare and contrast two poems by William Blake. They are called 'The Lamb' and 'The Tyger'. I will be looking at how Blake uses imagery, structure and form to create effects and how the environment that Blake lived in affected the way he wrote his poems. In the late 18th century, the world was changing and developing into a new world quite fast. Blake was born in London, the third of five children. Because of the relatively lower middle class status of his fathers line of work, Blake was raised in a state of not quite poverty, but he saw what life could really be like if he was down on his luck, and this he would experience for the rest of his life. When he was nineteen the American Revolution happened and this caused great social unrest in the high and wealthy classes. Then, when he was 32, the French Revolution occurred which signalled the end of the monarchy and aristocracy in France. This, not surprisingly, caused the same area of society in Britain to fear that the same would happen in their back yard. Blake was still writing at the start of the Industrial Revolution, this time became the primary phase in which heavy machinery was used in factories and mines. This created a feeling of great political upheaval and paranoia, shown by the appearance of the Luddites. All these events affected the way Blake wrote, in the way that he spoke about how the power of God can influence us, the world being a beautiful place, but man not being in harmony with it all. Where he lived was an awful place, he lived next to a graveyard and a workhouse. People died in the street and he witnessed it all, but he was stil... ...bles as the one that preceded it. "By the stream & and o'er mead" the missing 'v' in over reduces the amount of syllables from two to one. This is so that the rhyming pattern will be even (6,6,7,7,7,7,7,7,6,6) instead of (6,6,7,8,7,7,7,7,6,6), also most of the rhymes in this poem are visual as well as oral this emphasizes the poems rhymes and thus allowing the message to get through clearer. The language used in 'the Tyger' is, in places, very similar to that of 'the lamb'. It uses alliteration in the phrase, "burning bright" to emphasize how striking the colour of this animals coat is. It also uses the old forms of address and it too has visual rhymes as well as oral ones. But what it has that 'the lamb' doesn't is, it repeats words one after the other in the phrase "Tyger, Tyger", this is used the same way alliteration is to stress the metaphor.

Leonardo Fibonacci Biography

Leonardo Fibonacci was born around 1170 A. D. , and died around 1250 A. D. He was born in Pisa, Italy and died there too. Leonardo’s mom was Alessandra, and she died when he was nine. His father was Guglielmo Bonacci, who directed a trading post Bugia, Barbary. As a young boy, Leonardo traveled there to help him, and that’s where he learned about the Hindu-Arabic numeral system. He recognized that arithmetic with Hindu-Arabic numerals is simpler and more efficient that with Roman numerals and so he traveled throughout the Mediterranean world to study under the leading Arab mathematicians of the time. Leonardo returned from his travels around 1200 and in 1202, age 32, he published Liber Abaci. Through the Liber Abaci he introduced Hindu-Arabic numerals to Europe. Liber Abaci is a book that Leonardo Fibonacci wrote in 1202. In it Fibonacci introduces the so-called modus Indorum (method of the Indians), today known as the Arabic numerals. It shows the practical importance of the new numeral system, using lattice multiplication and Egyptian fractions, by applying it to commercial bookkeeping, conversion of weights and measures, the calculation of interest, money-changing, and other applications. Liber Abaci also posed, and solved, a problem involving the growth of a hypothetical population of rabbits based on idealized assumptions. The solution, generation by generation, was a sequence of numbers later known as the Fibonacci numbers. In the Fibonacci sequence of numbers, each number after the first two, is the sum of the previous two numbers. The sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, etc. The higher the sequence, the closer two consecutive numbers of the sequence divided by each other will approach the golden ratio ( approximately 1 : 1. 618 or 0. 618 : 1). Leonardo became a guest of the Emperor Frederick II, who enjoyed mathematicians and science. In 1240 the Republic of Pisa honored Leonardo by granting him a salary. In the 19th century, a statue of Fibonacci was constructed and erected in Pisa. Today it is located in the western gallery of the Camposanto, which is a cemetery on the Piazza dei Miracoli.

Film Classification Essay

After a long day’s work we all enjoy siting down in front of the tv screen and get lost in a movie of our choice. In that 1 hour 30 minutes to 2 hours we are lost in an alternative realty. Leaving all the stress of hours past and cheer on as Bruce Wayne puts on the Bat suit and kick some bad guys behind, or watch as Cameroon Diaz ignoring the guy who loves her and falls for a brat who doesn’t treat her right but in the end she ends up with the good guy and love wins. After which we feel better but go back to the real world with your land lord calling you endlessly. Films categorised in different genres depending on the theme and feel of the film. This helps to distinguish between what the film is about and we choose based on what we like. There are a number of types of films and they can be broken down to based on technics and stylistic methods used. In this I shall look at 6 major ones, Action, comedy, Drama, Musicals, Horror, and science fiction. James Bond, The Terminator, Batman, Avengers are all films that have thrilled millions of fans among other movies. This films usually are big budget have losts of stunt, explosions, car chases. They are fast passed, with a lot of gun fights, martial arts, or other forms of violent. Also you can include crime or gangster films, westerns war epics, and westerns. This films are highly charged and are best watched with popcon. Jim Carrey, Ben Stiller are but some of the comedians that have broght laughter to our homes for a while. Comedys is type of films that are funny. Usually filled with either dramatic humor or full on jokes that make as crack up. They are typically light and the plot is not that deep but all in a good time. Recommened to watch with company. Dramas on the other hand have heavy plots. The story drives the film and takes you with it. Titanic, lion King, Forest Gump are just but examples. Drama is probably the biggest type of films out there and you can name a lot of your favourite films in this genre. Recommended to watch with tissue tears might roll down. Musicals are movies that the characters sing instead of just talking through the film. Les Miserables that just came out recently is a perfect example of this types of films. They are very tenichal and fun to watch, it like watching a really long music video. Reccomeneded to watch with a date. The Grudge, Paranormal Activity, The ring, The Saw series are among some of the horror films that have kept us awake. This movies are dark in nature, they tend to provoke our worst fears. Usually very terrifying and highly captivating and deeply shooking. Reccomeneded to watch under a blanket and with the doors shut. And finally science fiction films. Movies are fantasy bassed, highly imaginative more tecknologikally advanced than our present times. Most of the time they are set in the future with projected visions of machines computers and Robots that are not there around right now. Star Wars, Star Trek, Terminator, Iron Man, and I robot are among the films in this genre. Reccomended to watch in any with an open mind. Though this are the basic film types you could break them down even further. There are too many films out there some that can fit in two or more groups. You could go on to break it down depending on style, theme, directing and many more.

Corporation Tech Essay

Corporation Tech will face many security risks with their current network. The user domain is the single most vulnerable part of any network and as such poses the most obvious security risk. To mitigate risks involving the users is to implement policies and training to educate the user on proper use and security best practices. By educating the user on security practices such as secure passwords, safe web surfing, and securing their workstations, many potential attacks can be avoided. Policies and training are also necessary because they can be used as evidence when taking administrative action against a user or intruder in the event the system or data information is compromised. Laptops and workstations have their own set of security risks associated with them. They are vulnerable to being compromised by malware, spyware, or even hackers that take advantage of certain exploits. Laptops, workstations and mobile devices are susceptible to malicious software attacks, theft or loss. Viruses and malware can affect these devices and are usually acquired through contaminated email attachments and hyperlinks that redirect the user to exploited web sites or are transferred through USB storage devices. Viruses and malware can also be acquired by downloading infected files or programs that are designed by hackers. Because of the need to protect systems against threats, all workstations and laptops should be secured with antivirus and firewall software and updated and patched on a regular basis to fix vulnerabilities with the software that hackers may exploit. Since the laptops are mobile by nature they are at risk of being stolen along with all of the data saved on their hard drives. The best security method for this would be to encrypt the hard drives on the laptops and where feasible only store sensitive data on corporate servers and allow authorized user  remote access to the data via SSHVPN sessions. Physical security or lack thereof also poses a huge risk; if an attacker has physical access to your equipment they do not actually need your log in credentials to access data. Attackers could boot your systems up on a live CD and compromise your information without leaving any trace in the logs other than a restart. Even if an attacker has a narrow window for physical access to your systems, they can steal the hardware and gain access to the data from it at their convenience. Secure all removable equipment is locked storage locations with security controls such as cameras and biometric access devices. Distributed Denial of Service (DDOS) attacks are a major concern when it comes to the company’s servers; this is done when a botnet sends an overwhelming amount of requests to the servers until they shut down. The best method to deal with this is to install security hardware or software that can detect these kinds of attacks as they are beginning to take place and filter that traffic out. The hardware is often very effective but also can be very expensive which can be a whole different issue but if you have the funding available I would recommend purchasing the hardware. SQL injections are one of the most common attacks on web based applications, these attacks occur when an attacker inserts a SQL statement that is not authorized through a SQL data channel such as the login screen. This best way to mitigate this risk is to implement string checking for special SQL characters or install software to check the web application for injection vulnerabilities. The software may cost a little money but it will help to prevent unauthorized access to information in your database.