Ril SR2007 08
Ril SR2007 08
Ril SR2007 08
(US$14 billion)
[1] (2020)
Website www.ril.com
History
1960–1980 …
1981–2000 …
2001 onwards …
Shareholding
Chairman and MD: Mukesh Ambani
Listing …
Operations
The company's petrochemical, refining, oil
and gas-related operations form the core
of its business; other divisions of the
company include cloth, retail business,
telecommunications and special
economic zone (SEZ) development. In
2012–13, it earned 76% of its revenue
from refining, 19% from petrochemicals,
2% from oil & gas and 3% from other
segments.[36]
In July 2012, RIL informed that it was
going to invest US$1 billion over the next
few years in its new aerospace division
which will design, develop, manufacture,
equipment and components, including
aircraft, engine, radars, avionics and
accessories for military and civilian
aircraft, helicopters, unmanned airborne
vehicles and aerostats.[45]
Subsidiaries …
Jio Platforms Limited, essentially a
technology company, is a majority-
owned subsidiary of RIL. It is the result
of a corporate restructuring announced
in October 2019, resulting in all the
digital initiatives and the
telecommunication assets being
housed under this new subsidiary.[47]
This new subsidiary holds all the digital
business assets including Reliance Jio
Infocomm Ltd, which in turn holds the
Jio connectivity business - Mobile,
broadband and enterprise and also the
other digital assets (JIO Apps, Tech
backbone and Investments in other tech
entities like Haptic, Hathaway and Den
Networks among others.[48] In April
2020, RIL announced a strategic
investment of ₹43,574 crore
(US$6.1 billion) by Facebook into Jio
Platforms. This investment translated
into a 9.99% equity stake, on a fully
diluted basis.[49] Further in May 2020,
RIL sold roughly 1.15% stake in Jio
Platforms for ₹5,656 crore
(US$790 million) to the American private
equity investor, Silver Lake Partners.[50]
Intel became the 12th company to
invest in Reliance Jio platforms after it
invested ₹1,894.50 crore ($250
million),the total investments in Jio
platforms is ₹117,588.45 crore so far.[51]
On 16 July 2020, Google announced that
it will acquire a 7.7% stake in Jio
Platforms for ₹33,737 crore.[52]
Reliance Retail is the retail business
wing of the Reliance Industries. In
March 2013, it had 1466 stores in
India.[53] It is the largest retailer in
India.[54] Many brands like Reliance
Fresh, Reliance Footprint, Reliance Time
Out, Reliance Digital, Reliance Wellness,
Reliance Trends, 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. Its annual revenue for the
financial year 2012–13 was ₹108 billion
(US$1.5 billion) with an EBITDA of
₹780 million (US$11 million).[36][55]
Reliance Life Sciences works around
medical, plant and industrial
biotechnology opportunities. It
specialises in manufacturing, branding,
and marketing Reliance Industries'
products in bio-pharmaceuticals,
pharmaceuticals, clinical research
services, regenerative medicine,
molecular medicine, novel therapeutics,
biofuels, plant biotechnology, and
industrial biotechnology sectors of the
medical business industry.[56][57]
Reliance Logistics is a single-window
company selling transportation,
distribution, warehousing, logistics, and
supply chain-related products.[58][59][60]
Reliance Logistics is an asset based
company with its own fleet and
infrastructure.[61] It provides logistics
services to Reliance group companies
and outsiders.[62] Merged content from
Reliance Logistics to here. See
Talk:Reliance
Industries/Archives/2013#Merge
proposals.
Reliance Solar, the solar energy
subsidiary of Reliance, was established
to produce and retail solar energy
systems primarily to remote and rural
areas. It offers a range of products
based on solar energy: solar lanterns,
home lighting systems, street lighting
systems, water purification systems,
refrigeration systems and solar air
conditioners.[63] Merged content from
Reliance Solar to here. See Talk:Reliance
Industries/Archives/2013#Merge
proposals.
Reliance Industrial Infrastructure
Limited (RIIL) is an associate company
of RIL. RIL holds 45.43% of total shares
of RIIL.[36] It 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.[64] 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.[65] The
company set up a 200-millimetre
diameter twin pipeline system that
connects the Bharat Petroleum refinery
at Mahul, Maharashtra, to Reliance's
petrochemical complex at Patalganga,
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 71,000 kilo-litre
petrochemical product storage and
distribution terminal at the Jawaharlal
Nehru Port Trust (JNPT) Area in
Maharashtra.
Network 18, a mass media company. It
has interests in television, digital
platforms, publication, mobile apps, and
films. It also operates two joint ventures,
namely Viacom 18 and History TV18
with Viacom and A+E Networks
respectively. It also have acquired ETV
Network and since renamed its
channels under the Colors TV brand.
Reliance Eros Productions LLP, joint
venture with Eros International to
produce film content in India.[66]
Associates …
Employees
As on 31 March 2018, the company had
29,533 permanent employees of which
1,521 were women and 70 were
employees with disabilities. It also had
1,58,196 temporary employees on the
same date which makes a total of 1,87,729
employees.[36] As per its Sustainability
Report for 2011–12, the attrition rate was
7.5%. But currently, the same attrition rate
has gone up to 23.4% in March 2015 as
per latest report released by the
organisation.[76]
Controversies
De-merger of RIL in 2005–2006 …
Scams
Seminar magazine (2003) detailed
Reliance founder Dhirubhai Ambani's
proximity to politicians, his enmity with
Bombay Dyeing's Nusli Wadia, the exposes
by the Indian Express and Arun Shourie
about illegal imports by the company and
overseas share transactions by shell
companies, and the botched attempt to
acquire Larsen & Toubro.[99]
Insider trading …
See also
List of companies of India
List of largest companies by revenue
List of corporations by market
capitalisation
Make in India
Forbes Global 2000
Fortune India 500
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External links
Official website
Retrieved from
"https://en.wikipedia.org/w/index.php?
title=Reliance_Industries&oldid=1008710599"