Reliance Company

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Reliance Industries

From Wikipedia, the free encyclopedia

Reliance Industries Limited |

|

Type | Public

BSE: 500325

NSE: RELIANCE

LSE: RIGD |

Industry | Conglomerate |

Founded | 1966 As Reliance Commercial Corporation |

Founder(s) | Dhirubhai Ambani |

Headquarters | Mumbai, Maharashtra, India |

Area served | Worldwide |

Key people | Mukesh Ambani 

(Chairman & MD) |

Products | Petroleum

Natural gas

Petrochemicals

Retail stores

Polymers

Polyesters

Chemicals

Textile

Telecommunications |

Revenue | 214,532 crore (US$46.55 billion)(2009-10)[1] |

Operating income | 28,680 crore (US$6.22 billion)(2009-10)[2] |

Net income | 15,818 crore (US$3.43 billion)(2009-10)[2] |

Total assets | 251,006 crore (US$54.47 billion)(2009-10)[3] |

Total equity | 351,380.08 crore (US$76.25 billion)(2009-10) [4] |

Employees | 23,365 (2010)[3] |

Subsidiaries | Reliance Life Sciences

Reliance Industrial Infrastructure Limited

Reliance Institute of Life Sciences

Reliance Logistics

Reliance Clinical Research Services

Reliance Solar

Relicord

Infotel Broadband |

Website | RIL.com |

Reliance Industries Limited (BSE: 500325, NSE: RELIANCE, LSE: RIGD) is India's largest private sector conglomeratecompany by market value, with an annual turnover of US$45.09 billion and profit of US$3.6 billion for the fiscal year ending in March 2010 making it one of the largest India's private sector companies, being ranked at 264th position in the Fortune Global 500 (2009[5]) and at the 126th position in the Forbes Global 2000 list (2010).[6]

Reliance was founded by the Indian industrialist Dhirubhai Ambani in 1966. Ambani has been a pioneer in introducing financial instruments like fully convertible debentures to the Indian stock markets. Ambani was one of the first entrepreneurs to draw retail investors to the stock markets. Critics allege that the rise of Reliance Industries to the top slot in terms of...