News makers:

18 Dec 2000

1
Dhirajlal Hirachand Ambani, chairman of the Reliance group was felicitated in Mumbai by the Brihanmumbai Municipal Corporation, as a tribute to his spirit of enterprise, excellence and achievement. The civic honour almost immediately came after Mr Ambani was conferred the ‘Man of the Century’ award by the Chemtech Foundation.

Dhirubhai, as he is popularly known to his five million shareholders, with his extraordinary guts and gumption over last two decades laid the foundation of Reliance Industries, the largest private sector group in India. . Dhirubhai’s made history in annals of Mumbai stock market, when way back in 1977, he expanded the investor base of the Indian stock markets, to encompass even remote villages of Gujarat by taking RIL public.

Ever since his rapport with the company's huge investor base across the country is considered legendary. "Our dreams have to be bigger, our ambitions higher, our commitment deeper and our efforts greater," he said while accepting Wharton Dean's medal last year.

True to Dhirubhai’s vision, the Reliance group has just completed the Rs 25,000-crore integrated Jamnagar refinery complex in Gujarat, the world's largest greenfield project with a capacity to refine 27 million tons of crude per annum. The group has also made significant forays into the telecom and other new economy sectors in recent years.

19 December 2000

Valluri Rao bags Intel Fellowship
New York:
Indian-American Mr. Valluri Rao has been named among this year’s eight Intel Fellows, considered to be company’s highest technical position that recognises outstanding research contributions within Intel Corporation.

Born in Hyderabad, Valluri Rao, 46, is among only 36 Intel Fellows appointed to date, who are selected through a stringent company-wide, four month-long selection process from several thousand Intel employees worldwide.

This prestigious designation recognizes their ability to exercise technical leadership and role modeling and mentoring for less senior technical contributors.


 


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