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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 ...
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.
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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.
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 Jio Infocomm Limited (d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India. Its 6G service is in the works. [10] [11] [12] [13]
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The predecessor company, Reliance Energy Limited, came into existence when it took over an 83-year-old government undertaking, the Bombay Suburban Electric Supply (BSES) in 2002. [9] BSES was originally founded in October 1929. In April 2008, Reliance Energy Limited changed its name to Reliance Infrastructure Limited.