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Encyclopedia > Reliance Industries
Reliance Industries
Type Public (NSE: RELIANCE)
Founded 1966 As Reliance Commercial Corporation
Headquarters Mumbai, India
Key people Flag of India Mukesh Ambani, Chairman & Managing Director
Industry Oil Conglomerates
Products Petrolium Products
Retail Stores
Polymers
Polyesters
Chemicals
Textile
Revenue Image:green up.pngRs 1,10,886 crore (2007)
Employees ~90,358 (2004)
Slogan "Growth is life" and earlier "We bet on People"

(NSE: RELIANCE) is India's largest private sector company with a turnover of US $19.976 billion and profit of US $2.033 billion for the fiscal year ending in March 2006 making it one of India's private sector Fortune 500 company. [3] It was founded by the late Dhirubhai Ambani in 1966. After severe differences between the founder's two sons, Mukesh and Anil Ambani, the group was divided between them in 2006. Image File history File links Ril_logo. ... This article does not cite any references or sources. ... The National Stock Exchange of India Limited (NSE), is a Mumbai-based stock exchange. ... Year 1966 (MCMLXVI) was a common year starting on Saturday (link will display full calendar) of the 1966 Gregorian calendar. ... Image File history File links Flag_of_India. ... , “Bombay” redirects here. ... Image File history File links Flag_of_India. ... Mukesh Ambani (April 19, 1957 Aden, Yemen) is the chairman, managing director and the largest shareholder of Reliance Industries, Indias largest private sector company and a Fortune 500 Company. ... Synthetic motor oil An oil is any substance that is in a viscous liquid state (oily) at ambient temperatures or slightly warmer, and is both hydrophobic (immiscible with water, literally water fearing) and lipophilic (miscible with other oils, literally fat loving). This general definition includes compound classes with otherwise unrelated... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ... Nodding donkey pumping an oil well near Sarnia, Ontario, 2001 Petroleum (from Latin petr – rock and oleum – oil), crude oil, sometimes colloquially called black gold, is a thick, dark brown or greenish liquid. ... Drawing of a self-service store. ... A polymer (from Greek: πολυ, polu, many; and μέρος, meros, part) is a substance composed of molecules with large molecular mass composed of repeating structural units, or monomers, connected by covalent chemical bonds. ... SEM picture of a bend in a high surface area polyester fiber with a seven-lobed cross section Polyester is a category of polymers, or, more specifically condensation polymers, which contain the ester functional group in their main chain. ... A chemical substance is any material substance used in or obtained by a process in chemistry: A chemical compound is a substance consisting of two or more chemical elements that are chemically combined in fixed proportions. ... For other uses, see Textile (disambiguation). ... Look up revenue in Wiktionary, the free dictionary. ... Green up arrow for a positive change in revenue from last fiscal year. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... This article is about work. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Look up slogan in Wiktionary, the free dictionary. ... The National Stock Exchange of India Limited (NSE), is a Mumbai-based stock exchange. ... The private sector of a nations economy consists of all that is outside the state. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Dhirajlal Hirachanda Ambani (28 December 1932, - 6 July 2002), (lovingly called Dhirubhai Gujarati: ધીરૂભાઈ અંબાણી) was an Indian rags to riches, business tycoon who founded Reliance Industries with his cousin in Mumbai. ... Year 1966 (MCMLXVI) was a common year starting on Saturday (link will display full calendar) of the 1966 Gregorian calendar. ... Mukesh Ambani (April 19, 1957 Aden, Yemen) is the chairman, managing director and the largest shareholder of Reliance Industries, Indias largest private sector company and a Fortune 500 Company. ... Anil Ambani (born June 4, 1959) is an Indian businessman. ...

Contents

Stock

  • According to the company website "1 out of every 4 investors in India is a Reliance shareholder." See:[4]. Reliance has more than 3 million shareholders, making it one of the world's most widely held stock. Reliance Industries Ltd, subsequent to its split in January 2006 has continued to grow from strength to strength. Reliance companies have been among the best performing in the Indian stock market.

Products

Reliance Industries Limited has a wide range of products from petroleum products, petrochemicals, to garments (under the brand name of Vimal), Reliance Retailing has also lately entered into the fresh foods market as Reliance Fresh Petroleum products are useful materials derived from crude oil (petroleum) as it is processed in oil refineries. ... A petrochemical is any chemical derived from fossil fuel. ... (See also List of types of clothing) Introduction Humans often wear articles of clothing (also known as dress, garments or attire) on the body (for the alternative, see nudity). ...


Management

It is headed by Dhirubhai's son, Chairman Mukesh Ambani. Dhirajlal Hirachanda Ambani (28 December 1932, - 6 July 2002), (lovingly called Dhirubhai Gujarati: ધીરૂભાઈ અંબાણી) was an Indian rags to riches, business tycoon who founded Reliance Industries with his cousin in Mumbai. ... Mukesh Ambani (April 19, 1957 Aden, Yemen) is the chairman, managing director and the largest shareholder of Reliance Industries, Indias largest private sector company and a Fortune 500 Company. ...


Corporate rankings

  • It featured in the Fortune Global 500 list of ‘World's Largest Corporations' for the fourth consecutive year
  • Ranked 269th in 2007 having moved up 73 places from last year.
  • Featured as one of the world's Top 200 companies in terms of Profits.
  • Featured among top 50 companies with the biggest increase in Revenues.
  • Their maiden CSR (2004-05) report was the first Corporate Sustainability Report from the Indian Oil & Gas sector. Further, this report obtained “in-accordance” 2002- guidelines status from the Global Reporting Initiative (GRI) - the official collaborating centre of the United Nations Environment Programme (UNEP)
  • RIL was the only Indian private sector company to be listed in the Top-500 companies in the world in terms of market value in Business Week's The Global 1000 List, July 2004.
  • Reliance emerged in top positions in Business Barons - TNS Mode Opinion Poll in August 2004

The private sector of a nations economy consists of all that is outside the state. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... The Fortune Global 500 is a ranking of the top 500 corporations worldwide as measured by revenue. ... The Forbes Global 2000 - is an annual ranking of the top 2000 corporations in the world by Forbes magazine. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...

Awards

  • International Refiner of the Year in 2005 at the 23rd Annual Hart's World Refining and Fuels Conference [5]

Awards for managers

  • Mukesh D. Ambani received the United States-India Business Council (USIBC) leadership award for "Global Vision" 2007 in Washington in July 2007.
  • Mukesh D. Ambani was conferred the Asia Society Leadership Award by the Asia Society, Washington, USA, May 2004.
  • Mukesh D. Ambani ranked 13th in Asia's Power 25 list of The Most Powerful People in Business published by Fortune magazine, August 2004.
  • Mukesh D. Ambani was chosen Telecom Man of the Year 2004 by Voice and Data magazine, September 2004.

We dont have an article called Asia Society Start this article Search for Asia Society in. ... Categories: Magazines stubs | Time Warner subsidiaries | Business magazines ... The Economic Times is a publication of the Times Group, owners of the Times of India. ...

See also

The Private Sector Refinery (RPL) was commissioned on 14th July, 1999 with an installed capacity of 27 MMTPA at Jamnagar. ... Refining activities of Reliance Industries Limited RIL are carried out at the Jamnagar refinery complex with refining capacity of 27 million tonnes per annum (540,000 barrel per day). ...

External links

References

  1. ^ [1]
  2. ^ [2]

  Results from FactBites:
 
RIGZONE - Reliance Industries Announces Results (2025 words)
Reliance is world's 3rd largest producer of PTA, 4th largest producer of PX and the 5th largest producer of MEG.
Reliance is India's largest producer of polymers (PP, PE and PVC) having a market share of 45%.
During the half-year, Reliance produced 389,000 tonnes of ethylene, representing a decrease of 8% over corresponding previous period and 187,000 tonnes of propylene, representing a decrease of 7%.
CNN.com - Reliance merger forms energy major - March 4, 2002 (638 words)
Reliance said that based on results for RIL and RPL for the first nine months of the 2001-02 financial year, the merged entity would have sales of $11.8 billion, operating profit of $1.8 billion and a net profit of $800 million, making it India's first private sector company of global size.
Reliance is seen as a major contender for government stakes in state-run refiners Hindustan Petroleum Corporation Ltd and Bharat Petroleum Corporation Ltd. The firms are likely to be privatized later this year.
Reliance is also one of the bidders for a 26 percent stake in Indian Petrochemicals Corporation Ltd., which the government is selling.
  More results at FactBites »


 

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