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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 Capital obtained its registration as a non-banking finance company (NBFC) in December 1998. It has since diversified its activities in the areas of asset management, life and general insurance, commercial finance, stock broking, private equity and proprietary investments, asset reconstruction, distribution of financial products and other activities in financial services.
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Reliance defended its policies, asserting that it was intended to help protect consumers against what it called aggressive tactics by competing rental suppliers. [17] The company settled its part of the complaint in 2014 by agreeing to make it easier for customers to cancel their rentals and paying a $5 million administrative penalty.
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Though Network18, Reliance owns multiple news channels including CNN-News18 and News18 India. [76] Network 18 is a mass media company. It has interests in television, digital platforms, publication, mobile apps and films. It also operates two joint ventures, namely Viacom18 and History TV18 with Viacom and A+E Networks respectively.