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Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles.
By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005. [3] [4] Anil Ambani got the responsibility of Reliance ...
In July 2022, Reliance Retail entered a similar franchising agreement with Gap to bring Gap to India. [29] In January 2022, Reliance Retail invested $200 million in Dunzo for a 25.8% stake. [30] In 2022, soft drink brand Campa Cola was acquired by Reliance Industries for ₹22 crores. In March 2023, Reliance Consumer Products (RCPL), the fast ...
In the quarter ending March 2024, Reliance General Insurance reported a net profit of ₹58.31 crore and revenue of ₹1,741.55 crore, with year-on-year growth of 1.13% and 16.21%, respectively. [18] In the fiscal year 2023, Reliance General Insurance reported a turnover of ₹103,390 crore, marking a 9.88% increase from the previous year. [19]
In human resources, turnover refers to employees who leave an organization. The turnover rate is the percentage of the total workforce who leave over a certain period. [1] Organizations and wider industries may measure their turnover rate during a fiscal or calendar year. [2]
The acquisition occurred by maneuvering a complex deal through the Independent Media Trust (IMT), set up by Reliance Industries to issue a loan for the debt encumbered Network18 in 2012. [26] [47] It resulted in Reliance receiving 78% of the shareholding, [47] and as of 2019, the conglomerate holds 73.16% of the shares. [80]
Average mortgage rates increase higher as of Tuesday, January 14, 2025, pushing the 30-year fixed benchmark to its highest levels since May following last week's stronger-than-expected jobs report.
Reliance Industrial Infrastructure Limited, formerly Chembur Patalganga Pipelines Limited, is an industrial infrastructure company based in Mumbai, India. It is a part of Reliance Industries . It also leases equipment and offers IT consulting services.