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Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester firm. It was renamed to Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, and power sector. By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002 ...
Reliance, Inc. (Reliance), headquartered in Scottsdale, Arizona, is the largest metals service center operator in North America.The company provides metals processing services and distributes a line of approximately 100,000 metal products, including aluminum, brass, alloy, copper, carbon steel, stainless steel, titanium, and specialty metal products to 125,000 customers such as fabricators and ...
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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.
Reliance Global Group, Inc (NASDAQ:RELI) (NASDAQ:RELIW) provided an update on the pending acquisition of Spetner Associates, including a significant reduction in the upfront cash payment required ...
The company grew in part by acquisitions such as Sonitech International in 1997, [15] part of IBM's Open Computing Platform unit [16] and Texas Micro in 1999, [17] all of S-Link in 2001, [18] and Microware also in 2001. [19] Radisys also moved some production to China in order to take advantage of the lower manufacturing costs. [20]
Based upon Reliance's outstanding borrowings as of March 31, 2013, Reliance's net debt-to-total capital ratio, on a pro forma basis giving effect to the acquisition of Metals USA and the financing ...
In 2021, Reliance Retail acquired a 66% stake in local search company Justdial for ₹ 5,710 crore (US$770.58 million). [55] 9 Milkbasket Milkbasket is a subscription-based daily micro-delivery service. In October 2021, Reliance Retail Ventures acquired a 96.49% stake in Milkbasket. [56] 10 Clovia Clovia is an Indian innerwear and loungewear ...