Tag: Reliance Foundation

  • Let’s Move +1 puts a fresh spin on Olympic Day with a call to move together

    Let’s Move +1 puts a fresh spin on Olympic Day with a call to move together

    MUMBAI: Pair up, power up Olympic Day is going two-for-one this year. This 23 June, the International Olympic Committee’s global movement campaign Let’s Move returns with a twist, Let’s Move +1, a call for Indians to embrace the power of paired play. In partnership with the Abhinav Bindra Foundation and the Reliance Foundation, the campaign encourages citizens to take a step, then bring a sibling, friend or colleague along for the next one.

    The idea? Moving together means staying motivated and the impact could be national. Over 50 sports venues across India will offer free paired sessions in cricket, padel, badminton, pickleball and more. No strings, just your +1.

    Backed by data from the World Health Organization that shows 50 per cent of Indian adults and a staggering 81 per cent of youth globally fail to meet activity recommendations, Let’s Move +1 taps into sport’s lesser-known benefit social wellbeing. Whether it’s a post-work pickleball match or skipping at school, shared movement builds community and fights loneliness, a growing global concern.

    Schools, too, are stepping in. Through the Olympic Values Education Programme (OVEP) run in Chandigarh, Odisha and Assam more than 12 million children will take part in yoga, kho-kho, dance, arts, and Olympic-themed activities. The programme has already reached 10 million students, driving inclusivity and activity hand in hand.

    Olympic gold medallist and IOC Athletes’ Commission member Abhinav Bindra captured the spirit, “Let’s Move +1 reminds us that sport is not just about strength, it’s about support, connection, and joy.”

    The Reliance Foundation will host a special Olympic Day celebration for 1,450 schoolchildren, joined by archery Olympians Deepika Kumari and Atanu Das. “Sport has shown me the value of having someone in your corner,” said Kumari, a four-time Olympian. “Now, I want to be that person for someone else.”

    Launched in 2023, Let’s Move has already engaged 20 million people in India. With this year’s edition, the campaign doubles down on inclusivity and doubles the fun. Because sometimes, all it takes to get moving is someone to move with.

  • Green giants crowned at IAA Olive Crown Awards, sustainability gets the spotlight

    Green giants crowned at IAA Olive Crown Awards, sustainability gets the spotlight

    MUMBAI: Mumbai’s glitterati gathered at the ITC Grand Central on 4 April for the 15th IAA Olive Crown Awards, where sustainability champions were given a right royal pat on the back. Forget your garden-variety awards show; this was a green jamboree, a veritable eco-extravaganza.

    Packmate Grrreen LLP sprouted as “Green Brand of the Year,” proving they’re not just leafing around when it comes to eco-consciousness. RK Swamy reaped a harvest of four Olive Crowns, including “Green Agency of the Year,” showing it’s  not just another agency, it’s a green machine.

    rk swamy

    Adani Enterprises Ltd and Ogilvy struck gold, bagging multiple awards, including the coveted “Corporate Crusader of the Year” for their campaign, “Pehle Pankha Aayega, Phir Bijli Aayegi” (“First the fan, then the electricity”). Turns out, the company is  not just blowing hot air. Eastern Media Ltd and Reliance Foundation shared the “Green Campaign of the Year” gold, proving that when it comes to saving the planet, two’s company.

    Earth Brigade Foundation

    Dharmesh Barai, the man who makes mangroves look marvellous, was crowned “Green Crusader of the Year” for his Herculean efforts in cleaning up Maharashtra’s coastlines. He’s not just cleaning up, he’s cleaning up good. Earth Brigade Foundation bagged gold for “Green NGO of the Year,” proving it’s not consisting of  just a bunch of tree-huggers, it’s  making a real difference.

    Rahul Narwekar, honourable speaker of the Maharashtra Assembly, graced the event, praising the IAA for their long-standing commitment to sustainability. “They took up this initiative when sustainability was perhaps not a known concept the way it is today,” he said, adding that the IAA has helped to drive the thought of sustainability through young minds, old minds and people at large.

    IAA India chapter  president Abhishek Karnani stated, “Sustainability is no longer a choice, it is a responsibility,” and that the IAA is heartened to see corporates, advertising agencies, and media houses doing the same. 
     

    Dharmesh Barai,

    Janak Sarda, chairperson of the IAA Olive Crown Awards, added, “It is our industry’s promise to be guardians of Brand Earth.”

    A special award for “Best Continuing Effort” was given to The Bhamla Foundation and Hungama Digital Media for their “Bhoomi Namaskar” campaign, proving that consistency is key when it comes to saving the planet.
    And for the IMC and IAA campaign, Ogilvy, with Rahul Rudra and Abhishek Kaddi’s “Pinky Promise” campaign, took home the win.

    The event, a veritable who’s who of the advertising and marketing world, was sponsored by Deepak Builders & Developers, Blue Star Ltd, Mobligent Media, and Awardor. It was a night of green glory, where the planet was the real winner

  • Reliance Foundation announces Dream Sports as the principal partner of India House

    Reliance Foundation announces Dream Sports as the principal partner of India House

    Mumbai: India’s first-ever country house at the Paris 2024 Olympics, India House, conceptualized by Reliance Foundation (RF) as part of its partnership with the Indian Olympic Association (IOA), announced Dream  Sports as its principal partner.  

    Dream Sports, a sports tech company, is a key contributor to the PM’s vision of digital India and making India a sporting nation. With a portfolio of leading brands like Dream11, FanCode, DreamSetGo, Dream Game  Studio and Dream Sports Foundation, the sports tech conglomerate will help elevate India’s vision for the 2036 Olympics.  

    As India House prepares to open its doors to athletes, dignitaries, and sports enthusiasts from around the world, it will embody the spirit of unity, diversity, and excellence that defines the Indian ethos. Dream Sports, with its symbiotic relationship with live sports, especially cricket, will drive conversations around the sport as a prelude to the 2028  Olympics in Los Angeles.  

    Reliance Foundation spokesperson said, “We are thrilled to welcome Dream Sports as the Principal Partner for our historic milestone in India’s Olympic journey. Their commitment to technology and innovation perfectly aligns with our vision as we present India to the world through the India House. Together, we are certain that we will deliver an  unforgettable experience and engagement to fans and we look forward to a successful collaboration.”

    Dream Sports spokesperson said, “With a vision to Make Sports Better, India House will be a reflection of India’s  potential of becoming a sporting superpower and we are happy to be a part of this exciting journey.”

    Established by Reliance Foundation as the principal partner of the Indian Olympic Association (IOA), India House represents a collective effort to elevate Indian sports globally.

  • Reliance 46th AGM 2023: Latest updates & announcements

    Reliance 46th AGM 2023: Latest updates & announcements

    Mumbai: Reliance Industries Ltd. today in its 46th annual general meeting on 28 August 2023, just like in the previous AGMs, investors are anticipating significant revelations during this yearly event. This occasion holds added significance as it marks RIL’s inaugural AGM subsequent to the listing of Jio Financial Services (JFSL) shares on various stock exchanges.

    In latest updates from the AGM, Reliance Foundation chairperson Nita Ambani said, ”I represent the beating heart of Reliance, our beacon of empowerment and transformation – the Reliance Foundation. For us, business and philanthropy complement and reinforce each other as both are guided by same spirit of We Care.”

    “From Culture to Climate, Education and Sports to Women’s Empowerment, Healthcare to Livelihoods, Rural Transformation to Disaster Mgmt, we work in 54,000+ villages. We have so far touched lives of ~70 mn Indians,” she added.

    Speaking on accelerating to achieve net carbon zero by 2035, Mukesh Ambani said,” We have embarked transitioning O2C business into a sustainable and green business.” He added, “the key pillars of this transition are – One, we are accelerating our journey to achieve Net Zero by 2035 through renewables and bioenergy”.

    On collaborating with RIL at the AGM, business giant Bill Gates said, “I am delighted Reliance is collaborating with Gates Foundation and my climate organisation, Breakthrough Energy, on some of world’s toughest challenges – climate change, helping unlock economic power for women and improving health outcomes for poor”.

    Talking about Reliance’s cardinal principles, Mukesh Ambani said, “In pursuit of these dreams, RIL has scrupulously adhered to certain cardinal principles of value creation. These have ensured that your company becomes more valuable, year after year, decade after decade”

    The five cardinal principles are:

    1st, Growth driven by perpetual demand

    2nd, driven by superior customer experience and value

    3rd, Growth driven by the power of disruptive innovation

    4th, Growth driven by business discipline

    5th, Growth driven by global market potential

    Here are some more key highlights from the AGM:

    . Over the past decade, Reliance Industries Ltd has made a total investment of $150 billion, marking the largest investment by any Indian company during this period. During the annual general meeting, Ambani mentioned that Reliance has consistently led the way in shaping the landscape of India’s evolving economy.

    . Providing a status report to stakeholders about the latest developments in its new energy division, Mukesh Ambani, the chairman of Reliance Industries, announced during the company’s 46th annual general meeting (AGM) that their immediate focus is on establishing a battery giga factory by the year 2026.

    . Ambani has unveiled an intriguing update – the launch of the Jio Bharat economical smartphone, available at a mere cost of Rs 999. This device is furnished with a variety of functions intended to address a diverse array of user requirements. Users have the opportunity to partake in live TV, seamlessly stream multimedia content, indulge in digital photography, and effortlessly conduct UPI transactions via JioPay.

    . Highlighting the continued attraction of international investors towards its retail enterprise, Mukesh Ambani, announced to shareholders on Monday that the valuation of Reliance Retail has surged to Rs 8.28 lakh crore at present, marking a significant increase from its 2020 valuation of Rs 4.28 lakh crore.

    . He further announced that Jio, the company’s telecommunications division, is set to deploy one million 5G cells by December 2023. This statement was made during Ambani’s speech at the 46th annual general meeting of Reliance Industries.

  • Nita Ambani steps down from RIL board

    Nita Ambani steps down from RIL board

    Mumbai: In a significant development, Nita Ambani has tendered her resignation from the board of Reliance Industries Ltd (RIL). The RIL board of directors has recommended the appointment of Isha Ambani, Akash Ambani, and Anant Ambani to fill key positions on the board. Nita Ambani, while stepping down from the board, will continue her role as the chairperson of the Reliance Foundation.

    Nita Ambani’s stepping down from the board doesn’t mark her departure from the Reliance fold. This maintains her pivotal role in the philanthropic and social initiatives of the conglomerate.

    The move is anticipated to have far-reaching implications for the company’s future strategies and direction.

  • NBA to hold 2 pre-season games in India next year

    NBA to hold 2 pre-season games in India next year

    MUMBAI: USA’s National Basketball Association (NBA) announced that two pre-season games will be played in India in October 2019 which makes it the first North American sports league to make its foray into the country.

    The two pre-season games will be played by Indiana Pacers and Sacramento Kings on 4 and 5 October 2019 at the NSCI Dome in Worli, Mumbai.

    NBA India MD Yannick Colaco said, “Last season of NBA was watched by 120 million viewers. More than 350 live NBA games are available each season on Sony Pictures Network’s sports cluster, including 78 games with Hindi commentary. NBA merchandise in India is widely available like never before, there are 700 retail stores across the country. Our long standing partnership with Reliance Foundation continues to positively impact millions of boys and girls. We launched our first global NBA school in Mumbai in April 2017 and we now have 27 active NBA basketball schools in nine cities across India.”

    Sony is the official broadcaster of NBA in India till 2020 as the extended deal between both is of 5 years that got renewed in 2015.

    NBA deputy commissioner Mark Tatum said, “Being the financial, media and entertainment capital of India we have decided to keep it in Mumbai. In order to fans consuming the product they need to start young and need to play the game of basketball.”

    “I think fans pay for great consumer experience, we see that in cricket. The growth in viewership has been exponentially well. Seven years ago we have 5 million viewers and last season we had 120 million viewers. For us, the time is right because we have invested in grassroot development and facilitating infrastructure,” Colaco added.

    The NBA India Games 2019 will be produced by BookMyShow and AEG and supported by a roster of marketing and merchandising partners.

    NBA commissioner Adam Silver said, “Our inaugural NBA India games will help further tap the enormous basketball potential in a country with a thriving sports culture and a growing, young and engaged population. We thank the Kings and Pacers organisations for participating in this historic event.”

    The youth development initiatives in India, including the Reliance Foundation Jr. NBA program that has reached more than 10 million youth from 10,000 schools and trained more than 10,000 physical education instructors nationwide since its launch in 2013.

    The ongoing 2018-19 season also includes five consecutive Sunday games from 10 March to 7 April that will air in primetime in India, marking the second straight year that five games will be televised in primetime.

  • Reliance Foundation expects enhanced reach with jr. NBA program

    Reliance Foundation expects enhanced reach with jr. NBA program

    MUMBAI: Reliance Foundation and the National Basketball Association (NBA) announced today (9 December 2015) that it expects to engage more than 1.5 million boys and girls and 2,700 physical education instructors and coaches in 2015-16 edition of the comprehensive youth basketball initiative.

     

     Returning for the third consecutive year, the Reliance Foundation Jr. NBA program will nearly double its number of participating cities, expanding from eight to 14.  The program will take place in Ludhiana, Chandigarh, Jalandhar, Chennai, Delhi, Kochi, Kottayam, Kolkata, Mumbai, Ahmedabad, Bangalore, Jaipur, Lucknow and Hyderabad. The program started in September 2015 and will run until March 2016.  

     

    “We are delighted that the Reliance Foundation Jr. NBA program is expanding to more cities and reaching more children. This program has used the sport of basketball to greatly impact the lives of Indian children.  We are grateful to the NBA for sharing their world-class expertise and resources, and to the schools, coaches and physical education instructors who continue to support this initiative” said Reliance Foundation head Jagannata Kumar.

     

    NBA India VP and managing director Yannick Colaco added, “The Reliance Foundation Jr. NBA program continues our goal of providing Indian youth with a platform to stay active and learn the values of basketball, including leadership, teamwork, and healthy living. On the heels of Sim Bhullar becoming the first player of Indian descent to play in the NBA and Satnam Singh becoming the first Indian-born player to be drafted into the NBA, children in India are as excited as ever about trying the game, and the growth of our program will ensure we get basketballs in the hands of even more boys and girls across the country.”

     

    The program, which remains free for participants, will include a train the trainer initiative for local coaches, in-school basketball clinics, elite training camps and finals in each city featuring 3-on-3 and 5-on-5 competitions.  NBA International Basketball Operations staff will be based in each of the cities for three months to oversee the program.  Each participating school will receive essential equipment to encourage and facilitate participation among its students, including an India-specific coaching guide with curricula for in-school and after-school programs, basketballs, cones, and a Reliance Foundation Jr. NBA poster.  In addition, each participating city will host three youth oriented basketball festivals featuring mini hoops for kids aged 6-10.

     

    More than 1 million youth in over 1,000 schools across nine cities have participated in the program since its launch in 2013.  In addition, more than 15,000 basketballs and 300 basketball rims have been distributed and installed through the program, and NBA International Basketball Operations staff has trained more than 2,000 physical education teachers across the country.

     

    NBA Legends Bruce Bowen and Muggsy Bogues, WNBA All-Stars Tamika Catchings and Swin Cash, and Sim Bhullar, the first player of Indian descent to play in the NBA, have all travelled to India to support and participate in the program.

     

    Prospective participants, including children, parents, coaches and schools, can visit rf.jrnba.com for program information, including training resources and tips on staying fit.

  • NBA India sees 200% jump in e-commerce sales

    NBA India sees 200% jump in e-commerce sales

    MUMBAI: Basketball, which introduced breakfast viewership in India, is growing at a rapid pace in all departments. From the beginning the National Basketball Association (NBA) India had a long-term vision to grow the game and build the league’s fan base in the market. It initiated many grassroots programmes to build on ground attraction and plans to extend the base and reach by expanding it to multiple cities.

    What’s more, the growing venture NBA India, which is still exploring various opportunities to generate revenue, has seen a 200 per cent jump in its e-commerce sales over the last one year. The NBA’s primary business lines globally are media, sponsorship and merchandising.

    Speaking exclusively to Indiantelevision.com, NBA India managing director Yannick Colaco says, “We continue to work with our global and local merchandising partners to bring the best NBA merchandise to our fans. We launched NBAStore.in, our local e-commerce site in partnership with Jabong, a little over a year ago and the response has been amazing. NBA merchandise has been delivered to over 400 cities across India and our e-commerce sales have grown 200 per cent over the last year. The league will continue to engage with like-minded brands to create partnerships to grow the game and bring the NBA experience closer to our fans. We currently have fantastic partnerships with Reliance Foundation, Jabong, adidas, Samsonite, Nike and SAP.”

     

    Plans for 2015-2017:

    Sharing his vision Colaco throws light on the plans to improve the sport’s reach and viewership in the country. “Over the next three years, the NBA will continue to grow the game and deliver NBA experiences and content to our fans across the country. We plan to expand our grassroots programs to more cities so that the youth across the country can learn and enjoy the game. We will continue to train coaches across India and provide them the tools and resources to grow the game in their communities.”

     

    Viewership:

    Multi Screen Media’s (MSM) sports venture Sony Six is the official broadcaster of NBA in India. 61.8 per cent of All India 1 lakh + television audience in India has the opportunity to see Sony Six. The viewership rating has witnessed constant growth in recent past and finals of 2015 secured the most. “Our partnership with Sony Six in India has been fantastic. Viewership of the NBA has skyrocketed in the last few seasons due to their commitment to bring two live games per day and other compelling NBA programs to our fans. Viewership of NBA programs increased significantly over last and our fan base on social media has grown 400 per cent in the last year,” says Colaco.

     

    Aspirations of youth and initiatives taken by NBA to support it:

    “There is great appetite for high quality basketball programs from schools, coaches, parents and youth across the country. These initiatives are essential because basketball is a great form of exercise and teaches youth important life lessons such as teamwork, discipline, sportsmanship and communication. Over one million youth have participated in the Reliance Foundation Jr. NBA program since 2013 and over 1,000 coaches have been trained across eight cities. In addition, over 15,000 basketballs have been donated and 300 rims installed at participating schools. We anticipate these figures to double as we expand the program later this year,” asserts Colaco.

     

    Satnam Singh’s inclusion in NBA draft:

    Recently India born Satnam Singh created history by getting a place in NBA as The Dallas Mavericks introduced 19-year-old as the first-ever Indian NBA draft pick in Dallas. And that can enthral tremendous energy in basketball aspirants in India. On Singh’s inclusion and its influence on the youth, Colaco says, “Our hope is that Satnam’s story will continue to inspire youth across India to participate in our great game. We will provide fans in India the opportunity to follow Satnam’s journey by showcasing his experiences across our digital and social media platforms as well as on Sony Six.”

    In India most of the basketball courts are used to play cricket, skate or play football, now it remains to be seen if Colaco and his team manages to popularise basketball and drive the youth’s interest to the sport.

  • NBA India to unveil slew of initiatives to popularise basketball

    NBA India to unveil slew of initiatives to popularise basketball

    MUMBAI: The arena for non-cricketing sports, which saw an expansion last year, is seeing a similar thrust this year too. One of the properties – National Basketball Association (NBA) recently launched a new look to the NBAStore.in along with Jabong. It is the league’s official online store in India that will include new team and player shops, a new spring collection of NBA merchandise, and a large selection of NBA player jerseys to fans in India.

     

    Another of the sports properties – the NBA JAM visited 16 Indian cities last year, which according to NBA India managing director Yannick Colaco drew a good response from over 3,000 teams that participated. At one point, entries had to be cut off as the additional teams could not be accommodated. The winning boys and girls teams from each of these cities went to the final play offs that was held in Pune. Industry sources peg that close to Rs 12 – 13 crore was spent on this initiative at the grassroots level.

     

    “The focus and primary objectives remain the same for us this year. It is to grow the game of basketball and continue to grow our fan base. We achieve these goals of ours through multiple platforms – from our grassroots programs like NBA Jam and the Reliance Foundation (RF) Jr NBA program to providing live and packaged content across media, to making available a wide range of merchandise through our online store; NBAstore.in,” says Colaco.

     

    The Junior NBA programme this year was held in eight cities and reached out to a million kids in the country. 

     

    Colaco goes on to add that NBA India will continue to work closely with its partners in India including Sony, Reliance Foundation, Jabong, Coca Cola, Adidas and Spalding.

     

    Spelling out plans for NBA this year, Colaco says that it will continue to grow the footprint of its grassroots programs to bring NBA experiences to even more fans. “We are also focused on more localised and customised content for our fans in India – on television and digital. We are planning a lot of innovative stuff around content and recently brought on board Mairu Gupta – who specialises in the digital and social media field – to give us added impetus in the space,” informs Colaco.

     

    When quizzed on why he is bullish on the social media domain, Colaco explains, “Social media is important to us as our target audience is primarily under the age of 25. This is the medium for the present and the future for our TA and is consequently a crucial component of our growth plans. In the next three to four months, we plan to launch quite a few exciting initiatives in this space.”

     

    The newly renewed site showcases new collections with more than 350 on and off court products and features a collection of player jerseys offered to fans in India. Jerseys recently added include those of Cleveland Cavaliers forward LeBron James, Golden State Warriors guard Stephen Curry, San Antonio Spurs forward/center Tim Duncan and Houston Rockets center Dwight Howard. 

     

    Meanwhile, NBA and MSM had first announced a partnership during the 2010-11 NBA season. This was followed by a multiplayer three year deal thereafter. The contract ends during the latter half of the year and will be up for renewal.

     

  • Nita Ambani launches ISL grassroots football programme

    Nita Ambani launches ISL grassroots football programme

    MUMBAI: When the Hero Indian Super League (ISL) was introduced, there was a lot of talk about emphasis being laid on the development of the sports at the grassroots level. Football Sports Development (FDSL) founder and chairperson Nita Ambani, launched the league’s grassroots football movement recently.

    The programme aims to create a platform for the development of grassroots football activity and talent-scouting across the country. It aims to reach out to a million young footballers in the first few years and expose them to the best practices in global football.

    “Sports is important to build character and channelise the abundant energy of our children in a positive direction. Now that we are approaching the business-end of the league, we are launching the soul of ISL – the grassroots programme,” Ambani said.

    This long-term initiative will be a joint effort of  ISL, the eight ISL clubs, Reliance Foundation and three NGOs – Magic Bus in Mumbai, Delhi, Raigad and Bangalore; slum soccer in Nagpur, Thane and Navi Mumbai; and Yuwa in Jharkhand.

    In the first phase, the programme will aim to reach out to 5,00,000 children through in-school and maidan initiatives, beginning early 2015. The outreach will focus on introduction of kids to football, training and talent-scouting through a series of selection modules across the country.

    ISL will also distribute 1,00,000 footballs with a specific focus on towns and villages across the country.

    Being Human founder and actor Salman Khan, who endorsed the programme said, “I am happy to be part of the programme and Ambani’s vision to develop India as a footballing nation. This programme will shape the next generation of Indian footballers.”

    Top talent in the age group of 10 to 13 that emerges from these camps will undergo another selection process to be picked for Reliance Foundation’s YoungChamps scholarship. The full-time residential scholarship, provided over three-to-seven year period, will also cover their education.