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In December 2022, Reliance Industries Market cap stood at Rs.17,59,017.23 crore. [42] In February 2024, Reliance Industries Ltd. and The BharatGPT group announced that it will launch large language model (LLM), Hanuman's AI system in March 2024.
Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries.Founded in 2006, it is the largest retailer in India in terms of revenue. [5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs.
Walmart has been the world's largest company by revenue since 2014. [1] This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2024 rankings and other sources. [2] American retail corporation Walmart has been the world's largest company by revenue since 2014. [1]
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.
Reliance Industries continued on top place in the 2020 Fortune India 500 rankings, while Indian Oil Corporation and Oil & Natural Gas Corporation were second and third respectively. [13] Reliance Industries was ranked 96th in the Global Fortune 500 list, and the top 7 positioned companies in the Indian list made it to the global Fortune 500 ...
Reliance Defence Limited (RDL), established on 28 March 2015 as a subsidiary of Reliance Infrastructure has 11 subsidiaries in niche segments of the defence sector. RDL has organized the structure into defence, marine, and land systems with a focused approach towards aiming capabilities and developing in-house expertise in Land-based weapon ...
As of September 2020, Reliance Industries has raised ₹ 1.65 lakh crore (equivalent to ₹ 1.9 trillion or US$22 billion in 2023) by selling a nearly 33% equity stake in Jio Platforms. [10] [11] Later, continuing as RIL's telecom subsidiary, Infotel Broadband Services Limited was renamed Reliance Jio Infocomm Limited (RJIL) in January 2013.
In June 2010, Reliance Industries (RIL) bought a 95% stake in IBSL for ₹ 4,800 crore (equivalent to ₹ 110 billion or US$1.2 billion in 2023). Although unlisted, IBSL was the only company that won broadband spectrum in all 22 circles in India in the 4G auction that took place earlier that year. [17]