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Reliance Group 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 Health. The group provides ...
The company was founded on 15 February 2005, as two entities, namely Reliance Big Entertainment and BIG Pictures. Four years later the two companies were merged into Reliance BIG Pictures in 2009, and the company's name was changed to Reliance Entertainment the following year. [citation needed]
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.
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Reliance Games was founded in 2006. The first game in the series, Real Steel was launched as an extension of the DreamWorks 2011 action movie Real Steel. [8] The Game received a ranking of No. 1 on iPad in five countries, top 5 among iPhone games in 27 countries and was in the top 10 games on Apple App Store in over 100 countries.
Reliance MediaWorks Limited (RMW) is a film and entertainment services company and a member of the Reliance Group. The company is one of India's film and entertainment services companies with a presence across several media businesses including the theatrical exhibition of films, television content production and distribution, and film and ...
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At the time of the acquisition, DEN had 106,000 broadband subscribers. [6] [7] [8] The acquisition received approval from the Competition Commission of India in January 2019. [9] Reliance acquired an additional 12.05% stake in DEN in March 2019 taking its total stake in the company to 78.62%. [10] [11]