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Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. [1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance ...
In 1985, the name of the company was changed from Reliance Textiles Industries Ltd. to Reliance Industries Ltd. [17] During 1985 to 1992, the company expanded its installed capacity for producing polyester yarn by over 145,000 tonnes per annum. [17] The Hazira petrochemical plant was commissioned in 1991–92. [21]
Reliance Industries: $82,331 194,056 Reliance Industries is a true conglomerate with interests in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. 117 Indian Oil Corporation: $77,587 35,442 Indian Oil provides products and services all along the energy value chain, and is India's largest commercial entity.
It is a major shareholder in the other group company, Reliance Power and Reliance Naval and Engineering Limited. In Fortune India 500 list of 2019, Reliance Infrastructure was ranked as the 51st largest corporation in India with first rank in 'Infrastructure Development' category.
In 2011, Reliance Globalcom set up world's first global Mediterranean gateway and hub in Europe set up with Hawk cable system. [13] [14] [15] In April 2013, Reliance Globalcom integrated Hawk cable system with Reliance Global Network. [16] [17] Later in December, it upgraded Trans-Atlantic cable with 100G technology. [18] [19]
The ten companies have listed directors of whom seven appear across all of them, who are also directors at various Reliance subsidiaries. [ 81 ] Network18 is a public limited company and the public holdings constitutes around 25% of its shareholdings.
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Reliance General Insurance Company Limited is a private general insurance company and a subsidiary of Reliance Capital, part of the Reliance Anil Dhirubhai Ambani Group. Founded in 2000, it is headquartered in Mumbai, India. As of March 2023, the company operates through a distribution network comprising over 131 branches and more than 75,000 ...