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Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India.Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles.
Reliance Industries Limited: Oil and gas: 920,274 25% 66,702 Mumbai: 2 Indian Oil Corporation: Oil and gas: 872,093 25% 9,792 New Delhi: Yes 3 Life Insurance Corporation: Insurance 792,427 9% 35,997 Mumbai Yes 4 Oil and Natural Gas Corporation: Oil and gas: 638,965 27% 35,440 New Delhi Yes 5 Bharat Petroleum: Oil and gas 477,855 34% 2,131 ...
By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005. [3] [4] Anil Ambani got the responsibility of Reliance ...
Reliance Retail was established in 2006 as a wholly-owned subsidiary of Reliance Industries, with chairman Mukesh Ambani announcing an investment of up to ₹ 25,000 crore (US$5.52 billion) for the new venture at Reliance's 32nd annual general meeting in June 2006. [8]
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]
The average annual Net worth of ₹10,000 crores for three years, OR Average annual Turnover of ₹20,000 crore for three years (against Rs 25,000 crore prescribed earlier) [ 25 ] ₹1,000 crore – ₹5,000 crores, or free to decide on investments up to 15% of their net worth in a project
Indian Oil Corporation, Reliance Industries and Bharat Petroleum Corporation dominate the list in the second year. [ 18 ] Zee Entertainment Enterprises (#1 media, #256 overall), Sun TV Network (#2, #347), HT Media (#3, #383), Network 18 (#4, #413) and Dish TV (#5, #437) are in the list of media companies in the Fortune India 500 roster of India ...
Network18 Media & Investments Limited, commonly referred to as the Network18 Group and sometimes as the Network18–Eenadu Group, [2] is an Indian media conglomerate owned by the energy giant Reliance Industries, headed by billionaire Mukesh Ambani.