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Encyclopedia > Reliance Industries Limited
Reliance Industries Limited
Type Private Conglomerate (BSE)
Founded 1958 (As Reliance Commercial Corporation)
Location Mumbai, Maharastra, India
Key people Mukesh Ambani, Chairman & Managing Director
Industry Conglomerates
Products Oil
Polymers
Polyesters
Chemicals
Textile
Revenue Image:green up.png$22.6 Billion USD (2004)
Employees ~11,358 (2004)
Website www.ril.com

Reliance Industries Limited is India's largest private sector company with a turnover of 744 billion rupees (US$16.7 billion) for the fiscal year ending in March 2004. It was founded by Dhirubhai Ambani in the 1970s. Reliance sponsored the 1987 Cricket World Cup which was held in India. Image File history File links Reliance-logo. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... A conglomerate is a large company that consists of divisions of often seemingly unrelated businesses. ... The Bombay Stock Exchange The Bombay Stock Exchange Limited (formerly, The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is located at Dalal Street, Mumbai. ... 1958 (MCMLVIII) was a common year starting on Wednesday of the Gregorian calendar. ... Mumbai (Marathi: मुंबई) (pronounced ), formerly known as Bombay, is the capital of the state of Maharashtra, and the most populous city of India, with an estimated population of about 13 million (as of 2006)[1]. Mumbai is located on Salsette Island, off the west coast of Maharashtra. ... Maharashtra (महाराष्ट्र) is a state in west-central India. ... Time magazine cover featuring the Ambani brothers. ... A conglomerate is a large company that consists of divisions of often seemingly unrelated businesses. ... Natural olive oil Synthetic motor oil Oil, in a general sense, is a chemical compound that is not miscible with water, and is in a liquid state at ambient temperatures. ... Polymer is a term used to describe a very long molecule consisting of structural units and repeating units 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. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Green up arrow for a positive change in revenue from last fiscal year. ... This article is about general United States currency. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... This page as shown in the aol 9. ... The private sector of a nations economy consists of those entities which are not controlled by the state - i. ... Indian Rupee Collection The Rupee (₨ or Rs. ... March is the third month of the year in the Gregorian Calendar and one of seven Gregorian months with the length of 31 days. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... The 1970s decade refers to the years from 1970 to 1979, inclusive. ... 1987 (MCMLXXXVII) was a common year starting on Thursday of the Gregorian calendar. ... Cricket World Cup 2007 logo The ICC Cricket World Cup is the world championship of one-day cricket, a tournament held quadrenially between all Test-playing nations (currently 10 nations), plus qualifiers. ...

Contents


Financials

Reliance enjoys an eminent position in the economy of India with reported turnover amounting to about 4% of India's GDP (which was 27 trillion rupees during 2003, [1]). The economy of India is the fourth largest in the world as measured by purchasing power parity (PPP), with a GDP of US $3. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ...

  • Sales $11.82 bil
  • Profits $1.19 bil
  • Assets $16.60 bil
  • Market Value $17.81 bil
  • Employees 11,358

Stock

  • Among Indian shareholders 25% own a Reliance share.[citation needed]

A shareholder or stockholder is an individual or company (including a corporation), that legally owns one or more shares of stock in a joint stock company. ...

Products

Reliance Industries Limited has a wide range of products from petrochemicals (its major product), garments (under the brand name of Vimal), telecommunications and Energy generation and distribution. 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). ...


Subsidiaries

Reliance Infocomm and Reliance Energy are no longer part of Reliance Industries. Reliance Infocomm is an Indian telecommunications company, and is the brainchild of Mukesh Ambani, CMD, Reliance Industries. ... General Information Generically (as a multiplexing scheme), code division multiple access (CDMA) is any use of any form of spread spectrum by multiple transmitters to send to the same receiver on the same frequency channel at the same time without harmful interference. ... Wikipedia (IPA: , or ) is a multilingual Web-based free-content encyclopedia. ... Reliance Energy, formerly known as Bombay Suburban Electric Supply (BSES), is a company under the Reliance Industries Limited banner, one of Indias largest conglomerates. ... Reliance Energy, formerly known as Bombay Suburban Electric Supply (BSES), is a company under the Reliance Industries Limited banner, one of Indias largest conglomerates. ...


Management

It is managed by Dhirubhai's son, chairman Mukesh Ambani . Time magazine cover featuring the Ambani brothers. ...


Reliance Infocomm and Reliance Energy are no longer part of Reliance Industries.


External links

Reliance Industries Ltd, subsequent to its split has continued to grow from strength to strength. The squabbles between the brothers having faded into the background, Reliance companies have been among the best performing in the Indian Stock Market.


  Results from FactBites:
 
Read Reviews on Reliance Industries - MouthShut.com (837 words)
Reliance Industries is a cyclic share in the stock market.
The Reliance industries is the best example to the world and to all the mankind that if a man has the real guts and he is a real hard worker then everyone can be a king by his hard work.
Reliance may be the biggest corporate in the private sector in India, but I am talking here about its ethics and culture.
Employment Procedures of Reliance India Limited (1043 words)
Reliance believes that continuous learning, constant training and development, is necessary not only for self enrichment but also for ensuring retention of the best talent, besides providing Reliance with a sustainable platform for growth in the business environment.
Reliance has developed specific matrices, which help to determine the skills/ability/knowledge required to do the present job, to do the present job better, and to prepare for the next job.Every employee identifies his training needs (based on gaps identified through matrices) with the help of his superior.
Reliance’s appraisal and reward system is aimed at increasing employee involvement in the goals and objectives of the organisation, and encouraging individuals to go beyond their scope of work, undertake voluntary projects that enable them to learn, and contribute innovative ideas in meeting the targets of the company.
  More results at FactBites »


 

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