I just read this e-book, simply because, according to my friend this book is written by some of the ingenious individuals who foresaw and also profited even from the financial collapse. - Sunita
I heard people are using this e-book as a Self-help guide to investing. I recently finished studying it, and never have experimented with any of the strategies; however they all appear to make sense. - Rajiv
A fantastic guide overall. Quite different from almost all other value investing publications because it concentrates on finding unique scenarios that are best to invest in. - Alexis
This particular e-book really opened up my eyes to some fresh opportunities and possibilities that while investing I should be looking for. Once you have read this traditional value investing book you will learn a lot. - Kavita
I really like the writer of this book. It is simple, properly explained, amusing, relevant, and incredibly well planned. This particular e-book is really a holy bible for dealing with unique circumstances in the market. - Saurabh

History of Reliance Petroleum Ltd.[Olds]

1991

- The Comp. was incorporated under the name Reliance Refineries Private Limited on 3rd September, in the State of Maharashtra, Mumbai.

1993

- The name of Comp. was changed from Reliance Refineries Pvt. Ltd., to Reliance Refineries Ltd., at the extrordinary general meeting of the Comp. held on 6th March. Subsequently, at the extraordinary general meeting of Comp. held on 26th March, the name of the company was changed from Reliance Refineries Ltd., to Reliance Petroleum Ltd.

- The Comp. is setting up a grass root fuel refinery & related infrastructure with a crude processing capacity of 9 MMTPA.

- Reliance Industries Ltd., is the promoter of company. RIL shall invest in the Comp. through its 100% subsidiary, Reliance Industrial Investments and Holdings Ltd.

- The Comp. came out with a Rs 861.6-cr public issue of triple-option convertible debentures in Sep.'93, to part-finance a Rs 5142-cr grassroot refinery at Jamnagar, Gujarat. RPL enjoys the support of 2 million international, domestic, institutional & retail shareholders. This is the second largest investor base in the indian corporate sector next only to RIL.

- RPL is the world largest grassroots refinery & the seventh largest refinery in the world at any single site.

1994

- The Comp. which is promoted by Reliance Industries Limited [RILs], the flagship Comp. of Reliance Group, is setting up a Grass Root Fuel Refinery with Crude Oil processing capacity with an enhanced capacity of 15 MMTPA [as against the earlier capacity of 9 MMTPAs] at Motikhavdi, Dist. Jamnagar, Gujarat.

1995

- The Comp. has selected world-renowned engineering construction company, Bechtel, as the EPC [Engineering, Procurement and Constructions] contractors for refinery complex.

1997

- The Reliance Petroleum Ltd [RPLs] has launched a $ 300-million syndicated loan in the overseas market.

- Reliance Petroleum Ltd entered into marketing agreements with top oil industry public sector undertakings for its produce at the Jamnagar Refinery.

- The Oil Coordination Committee determines the price realisation for RPL controlled products, based on the principle of import parity RPL has already applied for marketing rights for controlled products, as it meets all the criteria specified in this regard by the Government, as per the Gazette Notification of November 1997.

1998

- Reliance Petroleum Ltd [RPLs] has launched its first branded retail product.

- packaged liquefied petroleum gas [LPGs] in a deliberate low-key manner.

- Reliance has tied up with local LPG bottlers for packaging the gas product.

-RPL holds a 13% stake in Petronet V.K. Ltd., which owns the 113-km. long Vadinar-Kandla pipeline.

1999

- Indian Oil Corporation [IOCs] & Reliance Petroleum [RPLs] to set up a joint venture, subject to Government approval, to market 48 per cent of RPL produce after the dismantling of Administered Price Mechanism [APMs].

- Reliance Petroleum [RPLs] commissioned its 27 million tonne per annum refinery in Jamnagar, Gujarat, accounting for over 25 per cent of the country refining capacity.

2000

- Reliance Petroleum Ltd shut its fluid catalytic cracker unit at its 540,000-barrels-a-day Jamnagar refinery.

- Reliance Petroleum & Indian Oil have presented a proposal to the ministry of petroleum & natural gas which involves formation of new joint venture Comp. to execute the Rs 4,400-crore Central Indian pipline.

- Reliance Petroleum & Mangalore Refineries have entered into First World markets with petro-products like motor spirit at prices, which are not only competitive but have also contributed to the bottomlines of these companies.

- The Comp. signed an agreement with a consortium of foreign banks for a syndicated letter of credit facility of $425 millions.

- In an attempt to achieve a nationwide presence, Reliance Petroleum is expanding its liquefied natural gas business by opening around 3,500 outlets across Maharashtra, Gujarat, Rajasthan & Madhya Pradesh.

- Reliance Petroleum limited signed a $550 million syndicated Letter of Credit facility with a clutch of foreign & domestic banks.

- ONGC Videsh Ltd & Reliance Petroleum Ltd are signing an agreement with its rival bidder Sonatrach, algeria biggest national oil company, for securing the Tuba oil field contract in Iraq.

- Reliance Petroleum limited signed an agreement with Venezuelan oil company, PDVSA, for purchase of 20 million barrels of crude oil in2001.

- The Comp. has passed a resolution to sponsor a depository receipt programme enabling shareholders of Comp. [Reliance Industriess] to partially disinvest their equity shareholding in the Comp. at an appropriate time in the course of an international offering in one or more tranches to strategic investors, financial investors & any other investor in the form of depository receipts and/or any other financial instruments subject to necessary approvals.

2001

- Crisil has withdrawn the BBB+ rating assigned to the Rs 1,450-crore Triple optionally Convertible Debentures of company

- The Comp. has launched an issue of secured non-convertible debentures through a private placement.

- The Comp. has emerged as the largest private sector Comp. in India in terms of sales in its first year of its commercial production overtaking its parent company, Reliance Industries.

- Fitch Ratings India has assigned an `Ind AA+' rating to Reliance Petroleum Ltd Rs 6,000-crore NCD programme.

2001

- Reliance Petroleum has mobilised Rs 100 crore through the private placement market. The country largest refiner raised the funds by floating 5-year bonds for a coupon rate of 11.05 per cent, payable annually.

- Reliance Petroleum Ltd [RPLs] has approached ONGC Ltd with an offer to buy out its entire crude oil output of 25 million tonnes per annum under a long-term contract.

- Reliance Petroleum has contracted a three-tranche $250 million term-loan facility priced at an average cost of 123 basis points [bpss] over Libor.

- The state-run Power Finance Corporation [PFCs] has sanctioned a foreign currency loan of $113.55 million to Reliance Power for its 2 X 250 mw petcoke-based power plant at Jamnagar.

- Reliance Petroleum Ltd [RPLs] has once again hit the market with an external commercial borrowing [ECBs] of $250 million to meet its capital expenditure requirements.

2002

- In March 2002, the Board approved the proposal for amalgamation of the Comp. with Reliance Industries Ltd [RILs].

-The proposed Scheme of Amalgamation provides that the amalgamation will take effect from the Appointed Date i.e. April 1, 2001. All assets,liabilities & obligations of Comp. will vest in RIL w.e.f from the said appointed date. One equity share of RIL will be allotted for every eleven equity shares of Comp. held.

-Shareholders of Reliance Petroleum Ltd on April 15 approved the merger of RPL with Reliance Industries Ltd at a meeting held in Jamnagar & convened under the orders of Gujarat High Court.

2004

-Reliance has won a tender to supply a combined cargo of June gas oil & jet fuel to Sri Lanka Ceylon Petroleum Corp [Ceypetcos]