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Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester firm. It was renamed to Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, and power sector. By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002 ...
In 2010, Reliance entered the broadband services market with acquisition of Infotel Broadband Services Limited, which was the only successful bidder for pan-India fourth-generation (4G) spectrum auction held by the government of India. [34] [35] In the same year, Reliance and BP announced a partnership in the oil and gas business.
NEW DELHI/MOSCOW (Reuters) -Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal ...
Bangalore-based Zivame is an online retailer of lingerie, activewear, sleepwear and shapewear for women. In 2021, Reliance Retail acquired an 85% stake in the company for ₹ 1,200 crore. [54] 8 Justdial: In 2021, Reliance Retail acquired a 66% stake in local search company Justdial for ₹ 5,710 crore (US$770.58 million). [55] 9 Milkbasket
Reliance Global Group, Inc (NASDAQ:RELI) (NASDAQ:RELIW) provided an update on the pending acquisition of Spetner Associates, including a significant reduction in the upfront cash payment required ...
Reliance, which was started by Mukesh's father Dhirubhai Ambani in 1957, now operates in telecoms, digital services, retail, oil and gas and new energy with a market value of more than $200 billion.
The Dhirubhai Ambani Green Energy Giga Complex (also known as Jamnagar Green Energy Giga Complex) [1] [2] [3] is a mega project being developed by Reliance Industries in Jamnagar, Gujarat, India. This is a fully integrated renewable energy manufacturing complex that will build gigafactories for photovoltaic panels , energy storage , green ...
The acquisitions are in sync with Reliance Steel's (RS) strategy to purchase businesses that offer specialty products with high levels of value-added processing capabilities.