The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of US$ 66 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.
Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain.
- Consolidated Revenue Of Rs. 388,494 Crore ($ 62.2 Billion), Down 13.0%
- Record Consolidated PBDIT Of Rs. 45,977 Crore ($ 7.4 Billion), Up 5.0%
- Consolidated Segment EBIT Of Rs. 28,674 Crore ($ 4.6 Billion), Up 12.0%
- Record Consolidated Net Profit Of Rs. 23,566 Crore ($... (more)
Apr 17, 2015 16:55 IST
Reliance Industries Limited
Reliance Industries Limited (RIL) is pleased to announce successful commissioning of PET resin (Polyethylene Terephthalate) capacity at Dahej, Gujarat. The plant consists of two lines with a combined manufacturing capacity of 650 KTA. The plant has been built with Invista Technology for Continuous ... (more)
Apr 10, 2015 19:24 IST
Reliance Industries Limited
Reliance Industries Limited (RIL) is pleased to announce successful commissioning of new Purified Terephthalic Acid (PTA) plant at Dahej, Gujarat. The plant with a capacity of 1150 KTA is built with Invista technology. This state-of-the-art facility is highly energy efficient and environment friend... (more)
Apr 10, 2015 19:07 IST
Reliance Industries Limited
Reliance Industries Ltd (RIL) and Myanma Oil & Gas Enterprise (MOGE), an enterprise of the Government of Myanmar, have signed production sharing contracts for two offshore blocks (M17 and M18).
RIL won both the offshore blocks after its bids in Myanmar Offshore Block Bidd... (more)
Mar 31, 2015 19:27 IST
Reliance Industries Limited
Reliance Jio Infocomm Ltd (“RJIL”) announces that it has successfully acquired the right to use spectrum in 13 key circles across India in the recently concluded spectrum auction conducted by DoT, Government of India. Circle wise details of spectrum acquired are provided in the followin... (more)
Mar 27, 2015 10:03 IST
Reliance Industries Limited
Graduating startups have witnessed significant growth, acquired high profile clients and received investments during the intensive four-month program
GenNext Innovation Hub has opened applications for the second batch to commence June 2015
Reliance Industries Limited (“RIL” or the “Company”) today announced that it has priced a Rule 144A/Regulation S offering of US$ 750 million 4.875% Senior Unsecured Notes due 2045 (the “Notes”).
... (more)
Feb 04, 2015 09:49 IST
Reliance Industries Limited
Combine unparalleled reach and technological innovation to promote financial inclusion by providing banking and transaction services to unbanked, underbanked and small businesses
Reliance Industries Limited (“RIL”) has applied for a Payments Bank license. RIL will... (more)
Feb 02, 2015 16:00 IST
Reliance Industries Limited
Reliance Industries Limited (“RIL” or the ”Company”) today announced that it has priced a Rule 144A/Regulation S offering of US$1,000 million 4.125% Senior Unsecured Notes due 2025 (the “Notes”).
NINE MONTH CONSOLIDATED REVENUE OF Rs. 317,631 CRORE ($ 50.4 BILLION), DOWN 6.6%
NINE MONTH CONSOLIDATED PBDIT OF Rs. 34,004 CRORE ($ 5.4 BILLION), UP 5.4%
NINE MONTH CONSOLIDATED SEGMENT EBIT OF Rs. 20,854 CRORE ($ 3.3 BILLION), UP 13.4%
NINE MONTH CONSOLIDATED NET PROFIT ... (more)
Jan 16, 2015 19:24 IST
Reliance Industries Limited
