RELIANCE INDUSTRIES:
Reliance Industries Limited (RIL) (BSE: 500325, NSE: RELIANCE, LSE: RIGD) is an Indian conglomerate company headquartered in Mumbai, Maharashtra, India. The company operates through three business segments: petrochemicals, refining, and oil and gas; other divisions of the company include textiles, retail business, special economic zone (SEZ) development and telecom/broadband business. RIL is one of the largest publicly traded company in India by market capitalisation and is the second largest company in India by revenue after Indian Oil Corporation. It is also India's largest private sector company by revenue and profit. The company is ranked 99th on Fortune Global 500 list of the world's biggest corporations for the year 2012.
History:
RIL is to invest $10 billion over the next few years in its new aerospace division which will design, develop, manufacture, equipment and components, including airframe, engine, radars, avionics and accessories for military and civilian aircraft, helicopters, unmanned airborne vehicles and aerostats. It had applied for industrial licence in early July 2012. This decision comes after the creation of Reliance Aerospace Technologies Pvt Ltd and Reliance Security Solutions Ltd.
Reliance Retail is the retail business wing of the Reliance business. Many brands like Reliance Fresh, Reliance Footprint, Reliance Time Out, Reliance Digital, Reliance Wellness, Reliance Trendz, Reliance Autozone, Reliance Super, Reliance Mart, Reliance iStore, Reliance Home Kitchens, Reliance Market (Cash n Carry) and Reliance Jewel come under the Reliance Retail brand.
Reliance Industries Limited (RIL) (BSE: 500325, NSE: RELIANCE, LSE: RIGD) is an Indian conglomerate company headquartered in Mumbai, Maharashtra, India. The company operates through three business segments: petrochemicals, refining, and oil and gas; other divisions of the company include textiles, retail business, special economic zone (SEZ) development and telecom/broadband business. RIL is one of the largest publicly traded company in India by market capitalisation and is the second largest company in India by revenue after Indian Oil Corporation. It is also India's largest private sector company by revenue and profit. The company is ranked 99th on Fortune Global 500 list of the world's biggest corporations for the year 2012.
History:
Products
Though the company's petrochemicals, refining, and oil and gas-related operations form the incore of its business, other dividors of the company include cloth, retail business and special economic zone (SEZ) development. Reliance Retail has entered into the fresh foods market as Reliance Fresh.RIL is to invest $10 billion over the next few years in its new aerospace division which will design, develop, manufacture, equipment and components, including airframe, engine, radars, avionics and accessories for military and civilian aircraft, helicopters, unmanned airborne vehicles and aerostats. It had applied for industrial licence in early July 2012. This decision comes after the creation of Reliance Aerospace Technologies Pvt Ltd and Reliance Security Solutions Ltd.
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| Type | Public |
|---|---|
| Traded as | BSE: 500325, NSE: RELIANCE, LSE: RIGD BSE SENSEX Constituent |
| Industry | Conglomerate |
| Predecessor(s) | Reliance Commercial Corporation |
| Founded | 1966 |
| Founder(s) | Dhirubhai Ambani |
| Headquarters | Mumbai, Maharashtra, India |
| Key people | Mukesh Ambani (Chairman and MD) |
| Products | Crude oil, natural gas, petrochemicals, petroleum, polyester, textiles, retail, telecom |
| Revenue |  US$ 76.119 billion (2012)[1] |
| Net income | US$ 4.116 billion (2012)[1] |
| Total assets | US$ 64.230 billion (2012)[1] |
| Total equity | US$ 33.263 billion (2012)[1] |
| Employees | 23,166 (2012)[1] |
| Subsidiaries |
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| Website | RIL.com |
Businesses divisions
Major subsidiaries and associates
- Reliance Life Sciences participates in medical, plant and industrial biotechnology opportunities. Specifically, these relate to biopharmaceuticals, pharmaceuticals, clinical research services, regenerative medicine, molecular medicine, novel therapeutics, biofuels, plant biotechnology, and industrial biotechnology.
- Reliance Institute of Life Sciences (Rils), established by Dhirubhai Ambani Foundation, is an institution of higher education in various fields of life sciences and related technologies.
- Reliance Logistics (P) Limited is a single-window solutions provider for transportation, distribution, warehousing, logistics, and supply chain needs, supported by in-house state of the art telematics and telemetry solutions.
- Reliance Clinical Research Services (RCRS), a contract research organisation (CRO) and wholly owned subsidiary of Reliance Life Sciences, has been set up to provide clinical research services to pharmaceutical, biotechnology, and medical device companies.
- Reliance Solar, the solar energy initiative of Reliance, aims to bring solar energy systems and solutions primarily to remote and rural areas and bring about a transformation in the quality of life.
- Relicord is a stem-cell banking service controlled by Reliance Industries.
- Infotel Broadband is a broadband service provider which gained 4G licensees for operating across India, now it is wholly owned by RIL for
48 billion (US$873.6 million).
Reliance Industrial Infrastructure Limited
Reliance Industrial Infrastructure Limited (RIIL) was incorporated in September 1988 as Chembur Patalganga Pipelines Limited, with the main objective being to build and operate cross-country pipelines for transporting petroleum products. The company's name was subsequently changed to CPPL Limited in September 1992, and thereafter to its present name, Reliance Industrial Infrastructure Limited, in March 1994. It has been promoted by Mr. Satyapal Jain and his associates. The company set up a 200-millimeter diameter twin pipeline system that connects the Bharat Petroleum refinery at Mahul, Maharashtra, to Reliance's petrochemical complex at Patalaganga, Maharashtra. The pipeline carries petroleum products including naphtha and kerosene. It has commissioned facilities like the supervisory control and data acquisition system and the cathodic protection system, a jackwell at River Tapi, and a raw water pipeline system at Hazira. The infrastructure company constructed a 70,000 kiloliter petrochemical product storage and distribution terminal at the Jawaharlal Nehru Port Trust (JNPT) Area in Maharashtra.ambani RIIL is mainly engaged in the business of setting up and operating industrial infrastructure. The company is also engaged in related activities involving leasing and providing services connected with computer software and data processing.Reliance Retail
Reliance Retail is the retail business wing of the Reliance business. Many brands like Reliance Fresh, Reliance Footprint, Reliance Time Out, Reliance Digital, Reliance Wellness, Reliance Trendz, Reliance Autozone, Reliance Super, Reliance Mart, Reliance iStore, Reliance Home Kitchens, Reliance Market (Cash n Carry) and Reliance Jewel come under the Reliance Retail brand.
Environmental record
Reliance Industry is the world's largest polyester producer and as a result one of the largest producers of polyester waste in the world. In order to deal with this large amount of waste, they had to create a way to recycle the waste. They operate the largest polyester recycling centre that uses the polyester waste as a filling and stuffing. They developed an innovative recycling process resulting in an award in 'Team Excellence'.Awards and recognition
- International Refiner of the Year in 2005 at the 23rd Annual Hart's World Refining and Fuels Conference
- According to survey conducted by Brand Finance and The Economic Times in 2010, Reliance is the second most valuable brand in India.
- The Brand Trust Report, 2011 has ranked Reliance industries as the 6th most trusted brand in India.
- 'Responsible Care Company' awarded by the American Chemistry Council, India in March, 2012
- RIL has been ranked at 20th position across the world, on the basis of sales, in the ICIS Top 100 Chemicals Companies list.
- RIL has been ranked No. 1 in India on the basis of average market capitalization, No. 1 in total assets and No. 2 on the basis of total income in 2012, by Business World magazine. In the same report, RIL ranked 2nd among the top 100 gainers in India.
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