Reliance Industries
Reliance Industries
Reliance Industries
Reliance Industries
Type
Public
Traded as
Industry
Conglomerate
Predecessor
Founded
1966
Founder
Dhirubhai Ambani
Headquarte
rs
Area served
Worldwide
Key people
Mukesh Ambani
(Chairman and MD)
Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
23,519 (2013)[1]
employees
Website
www.ril.com
History[edit]
1960 1980[edit]
The company was co-founded by Dhirubhai Ambani and his cousin Champaklal Damani in 1960s as Reliance
Commercial Corporation. In 1965, the partnership was ended and Dhirubhai continued the polyester business
of the firm.[8] In 1966, Reliance Textiles Industries Pvt Ltd was incorporated in Maharashtra. It established
a synthetic fabrics mill in the same year at Naroda in Gujarat.[9] In 1975, company expanded its business into
textiles, with "Vimal" becoming its major brand in later years. The company held its Initial public offering (IPO)
in 1977.[10] The issue was over-subscribed by seven times.[11] In 1979, a textiles company Sidhpur Mills was
amalgamated with the company.[12] In 1980, the company expanded its polyster yarn business by setting up a
Polyester Filament Yarn Plant in Raigad, Maharashtra with financial and technical collaboration with E. I. du
Pont de Nemours & Co., USA.[9]
1981 2000[edit]
In 1985, the name of the company was changed from Reliance Textiles Industries Ltd. to Reliance Industries
Ltd.[9] During the years 1985 to 1992, the company expanded its installed capacity for producing polyster yarn
by over 145,000 tonnes per annum.[9] The Hazira petrochemical plant was commissioned in 199192.[13] In
1993, Reliance turned to the overseas capital markets for funds through a global depositary issue of Reliance
Petroleum. In 1996, it became the first private sector company in India to be rated by international credit rating
agencies. S&P rated BB+, stable outlook, constrained by the sovereign ceiling. Moody's rated Baa3,
Investment grade, constrained by the sovereign ceiling.[14] In the year 199596, the company entered
the telecom industry through a joint venture with NYNEX, USA and promoted Reliance Telecom Private Limited
in India.[13]In 199899, RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas.
[13]
During 19982000, the company completed setup of integrated petrochemical complex at Jamnagar in
Gujarat.[13]
2001 present
In 2001, Reliance Industries Ltd. and Reliance Petroleum Ltd. became India's two largest companies in terms
of all major financial parameters.[15] In 200102, Reliance Petroleum was merged with Reliance Industries. [10] In
2002, Reliance announced India's biggest gas discovery (at the Krishna Godavari basin) in nearly three
decades and one of the largest gas discoveries in the world during 2002. The in-place volume of natural gas
was in excess of 7 trillion cubic feet, equivalent to about 1.2 billion barrels of crude oil. This was the first ever
discovery by an Indian private sector company.[10][16] In 200203, RIL purchased a majority stake in Indian
Petrochemicals Corporation Ltd. (IPCL), India's second largest petrochemicals company, from Government of
India.[17] IPCL was later merged with RIL in 2008.[18][19] In the years 2005 and 2006, the company reorganized its
business by demerging its investments in power generation and distribution, financial services and
telecommunication services into four separate entities. [20] In 2006, Reliance entered the organised retail market
in India[21] with the launch of its retail store format under the brand name of 'Reliance Fresh'. [22][23] By the end of
2008, Reliance retail had close to 600 stores across 57 cities in India. [10] In November 2009, Reliance Industries
issued 1:1 bonus shares to its shareholders. In 2010, Reliance entered Broadband services market with
acquisition of Infotel Broadband Services Limited, which was the only successful bidder for pan-India fourthgeneration (4G) spectrum auction held by Government of India. [24][25] In the same year, Reliance
and BP announced a partnership in the oil and gas business. BP took a 30 per cent stake in 23 oil and gas
production sharing contracts that Reliance operates in India, including the KG-D6 block for $7.2 billion.
[26]
Reliance also formed a 50:50 joint venture with BP for sourcing and marketing of gas in India. [27] In 2012, RIL
set up a joint venture with Russian Company Sibur for setting up a Butyl rubber plant in Jamnagar, Gujarat.
The plant is scheduled to be operational in 2015[28] Presently, Vivek Lall is the President and CEO of New
Ventures in the Chairmans Office at Reliance Industries Limited. [29]
Shareholding
The number of shareholders in RIL are approx. 3 million.The promoter group, Ambani family, holds approx.
45.34% of the total shares whereas the remaining 54.66% shares are held by public shareholders, including FII
and corporate bodies.[30][31] Life Insurance Corporation of India is the largest non-promoter investor in the
company with 7.98% shareholding.[7]
Buyback: In January 2012, the company announced a buyback programme to buy a maximum of 120 million
shares for 104 billion(US$1.6 billion). By the end of January 2013, the company bought back 46.2 million
shares for 33.66 billion (US$530 million).[32]
Listing
The company's equity shares are listed on the National Stock Exchange of India Limited (NSE) and
the BSE Limited. The Global Depository Receipts (GDRs) issued by the Company are listed on Luxembourg
Stock Exchange.[33][34] It has issued approx. 56 million GDRs wherein each GDR is equivalent to 2 equity shares
of the company. Approx. 3.46% of its total shares are listed on Luxembourg Stock Exchange. [30]
Its debt securities are listed at the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of
India Limited (NSE).[35]
Credit Ratings: It has received domestic credit ratings of AAA from CRISIL (S&P subsidiary) and Fitch.
Moodys and S&P have provided investment grade ratings for international debt of the Company, as Baa2
positive outlook (local currency issuer rating) and BBB+ outlook respectively.[36][37][38]
Operations[edit]
The company's petrochemicals, refining, and 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 201213, it earned 76% of its revenue from Refining, 19% from Petrochemicals, 2% from Oil &
Gas and 3% from Other segments.[7]
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 airframe, engine, radars, avionics and accessories for military and civilian aircraft, helicopters,
unmanned airborne vehicles and aerostats.[39]
Reliance Retail is the retail business wing of the Reliance Industries. In March 2013, it had 1466
stores in India.[40] It is the largest retailer in India.[41] Many brands likeReliance 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 201213
was 108 billion (US$1.7 billion) with an EBITDA of 780 million (US$12 million).[7][42]
Reliance Life Sciences works around medical, plant and industrial biotechnology opportunities. It
specializes in manufacturing, branding, and marketing Reliance Industries' products in biopharmaceuticals, pharmaceuticals, clinical research services, regenerative medicine, molecular medicine,
novel therapeutics, biofuels, plant biotechnology, and industrial biotechnology sectors of the medical
business industry.[43][44]
Reliance Logistics is an asset based company with its own fleet and infrastructure. [50] It provides logistics
services to Reliance group companies and outsiders. [51] Merged content from Reliance Logistics to here.
See Talk:Reliance Industries#Merge proposals.
Reliance Clinical Research Services (RCRS), a contract research organisation (CRO) and wholly
owned subsidiary of Reliance Life Sciences, specialises in the clinical research services industry. Its clients
are primarily pharmaceutical, biotechnology and medical device companies. [52]
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.[53]Merged content from Reliance Solar to here. See Talk:Reliance Industries#Merge
proposals.
Relicord is a cord blood banking service owned by Reliance Life Sciences. It was established in 2002.
[54]
It has been inspected and accredited by AABB,[55] and also has been accorded a license by Food and
Reliance Jio Infocomm (RJIL), previously known as Infotel Broadband, is a broadband service
provider which gained 4G licences for operating across India.[56] Now it is wholly owned by RIL for 48
billion (US$750 million).[57][58] Sandip Das, former ceo of Maxis Malaysia, is the current group president of
Reliance Jio Infocomm.[59]
Reliance Industrial Infrastructure Limited (RIIL) is an associate company of RIL. RIL holds 45.43%
of total shares of RIIL.[7] 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. [60] 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.[61] 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.[citation needed]
Employees[edit]
As on 31 March 2013, the company had 23,519 employees of which 1,159 were women and 83 were
employees with disabilities. It also had 29,462 temporary employees on the same date. [7] As per its
Sustainability Report for 201112, the attrition rate was 7.57%. [62]
In its 39th Annual General Meeting, its Chairman informed the shareholders of the investment plans of the
company of about 1500 billion (US$24 billion) in next three years. This would be accompanied by increasing
the staff strength in Retail division from existing strength of 35,000 to 120,000 in next three years and
increasing employees in Telecom division from existing 3,000 to 10,000 in 12 months. [63]
Environmental record[edit]
Reliance Industries is the world's largest polyester producer and as a result one of the largest producers of
polyester waste in the world. In order to deal with large quantities of waste, they operate the largest polyester
recycling centre that uses the polyester waste as a filling and stuffing.
[citation needed]
International Refiner of the Year in 2013 at the HART Energys 27th World Refining & Fuel Conference.
[1]
This is the second time that RIL has received this Award for itsJamnagar Refinery, the first being in 2005.
[64]
According to survey conducted by Brand Finance in 2013, Reliance is the second most valuable brand
in India.[65]
The Brand Trust Report ranked Reliance Industries as the 7th most trusted brand in India in 2013 and
9th in 2014.[66][67]
RIL was certified as 'Responsible Care Company' by the American Chemistry Council in March, 2012.
[68]
RIL was ranked at 25th position across the world, on the basis of sales, in the ICIS Top 100 Chemicals
Companies list in 2012.[69]
RIL was awarded the National Golden Peacock Award 2011 for its contribution in the field of corporate
sustainability.[70]
In 2009, Boston Consulting Group (BCG) named Reliance Industries as the world's fifth biggest
'sustainable value creator' in a list of 25 top companies globally in terms of investor returns over a decade.
[71]
The company was selected as one of the world's 100 best managed companies for the year 2000
by IndustryWeek magazine.[9][72]
From 1994 to 1997, the company won National Energy Conservation Award in the petrochemical
sector.[9]
Controversies[edit]
parts.[75] In October 2005, the split of Reliance Group was formalized. Mukesh Ambani got Reliance Industries
and IPCL. Younger brother Anil Ambani received telecom, power, entertainment and financial services business
of the group. The Anil Dhirubhai Ambani Group includes Reliance Communications, Reliance Infrastructure,
Reliance Capital, Reliance Natural Resources and Reliance Power.[76][77]
The division of Reliance group business between the two brothers also resulted in de-merger of 4 businesses
from RIL.[78][79] These businesses immediately became part of Anil Dhirubhai Ambani Group. The existing
shareholders in RIL, both the promoter group and non-promoters, received shares in the de-merged
companies.[20]
ONGC Controversy[edit]
In May 2014, ONGC moved to Delhi High Court accusing RIL of pilferage of 18 billion cubic metres from its
gas-producing block in the Krishna Godavari basin.[81] Subsequently, the two companies agreed to form an
independent expert panel to probe any pilferage.[82]
Selection of cost effective FCC catalysts and additives for improved conversion and yields.
Upgrading of bottom barrel through initiatives such as carbon black production, reduced
conversion etc.
Superabsorbent polymers.
Development of anti-pill polyester, elastic polyester, low melt polyester, low cost flame
retardant polyester, low antimony/antimony free polyester, and super micro denier polyester
staple fiber.
Development of low cost catalyst, additives and spin finish for polyester.
Creation and protection of intellectual property (IP) for the Company continues to be an ongoing
area of focus. RIL's portfolio for national and international patents is increasing in existing as well as
new technology areas. As a part of our business transformation, RIL is adopting and implementing
best in class business processes with stateof- the-art applications to enhance technical excellence.
Our Vision
Through sustainable measures, create value for the nation, enhance quality of life across the entire
socio-economic spectrum and help spearhead India as a global leader in the domains where we
operate
Mission
Create value for all stakeholders Grow through innovation Lead in good governance practices Use
sustainability to drive product development and enhance operational efficiencies Ensure energy
security of the nation Foster rural prosperity
Values
Our growth and success are based on the ten core values of Care, Citizenship, Fairness, Honesty,
Integrity, Purposefulness, Respect, Responsibility, Safety and Trust
Reliance Petroleum
Type
Industry
Founded
2008
Headquarters
Ahmedabad, India
Key people
Mukesh Ambani
Products
Petroleum
Revenue
Parent
Reliance Industries
Website
www.reliancepetroleum.com
Reliance Petroleum Limited was set up by Reliance Industries Limited (RIL), one of India's largest
private sector companies based in Ahmedabad. Currently, RPL amalgamated with RIL, and has
interests in the downstream oil business. RPL also benefits from a strategic alliance with Chevron
India Holdings Pte Limited, Singapore, a wholly owned subsidiary of Chevron CorporationUSA
(Chevron), which currently holds a 5% equity stake in the Company.[2]
Jamnagar Refinery[edit]
With an annual crude processing capacity of 580,000 barrels (92,000 m3) per stream day (BPSD),
RPL will be the sixth largest refinery in the world. It will have a complexity of 14.0, using the Nelson
Complexity Index, ranking it one of the highest in the sector. The polypropylene plant will have a
capacity to produce 0.9 million metric tonnes per annum.[citation needed]
The refinery project is being implemented at a capital cost of Rs 270,000 million being funded
through a mix of equity and debt. This represents a capital cost of less than US$10,000 per barrel
per day and compares very favourably with the average capital cost of new refineries announced in
recent years.[citation needed] The International Energy Agency (IEA) estimates the average capital cost of
new refinery in the OECD nations to be in the region of US$15,000 to 20,000 per barrel per day.[citation
needed]
The low capital cost of RPL becomes even more attractive when adjusted for high complexity of
the refinery.
Reliance Solar
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.
Reliance Logistics
Reliance Logistics is a single-window company selling transportation, distribution, warehousing, logistics, and
supply chain-related products, supported by in-house telematics and telemetry solutions. [47][48][49] Reliance
Logistics is an asset based company with its own fleet and infrastructure. [50] It provides logistics services to
Reliance group companies and outsiders
Type
Founded
29 September 1988
Headquarters
Mumbai, India
Key people
Website
riil.in
History[edit]
Founding[edit]
It was incorporated on 29 September 1988 and obtained its Certificate of Commencement of business on 4
January 1989. Reliance Industrial Infrastructure Limited was originally incorporated under the name Chembur
Patalganaga Pipelines Limited, which was later changed to CPPL Limited in September 1992. In March 1994
the name was changed to Reliance Industrial Infrastructure Limited. It was primarily founded to undertake the
projects of laying down two cross-country pipelines from the Bharat Petroleum refinery at Chembur to Reliance
Industries Limited petrochemicals complex in Maharashtra.
Reliance Industrial Infrastructure Limited was promoted by Mr. Satyapal Jain and associates.
Products[edit]
Product/Business Divisions[edit]
Types of business and product divisions such as Petroleum; Oil & Gas; Fibers etc.
Corporate Structure[edit]
The company board of directors, important executives and other people instrumental to the success of the
company Independent Non-Executive Director Chandra Raj Mehta Non-Independent Non-Executive Director
S C Malhotra Independent Non-Executive Director Sandeep H Junnarkar Executive Director Dilip V
Dherai Non-Independent Non-Executive Chairman Mahesh K Kamdar
Subsidiaries[edit]
Reliance Corporate Centre Limited and Reliance Convention and Exhibition Centre Limited became
the subsidiaries of Reliance Industrial Infrastructure Limited during the financial year of 2008-2009.
Sponsorships[edit]
Only as part of the Reliance Group.
Headquarters
Key people
Mukesh Ambani(Chairman)K.V.Subramaniam(Vice
Chairman) Dr.Arnab Kapat(Director)
Slogan
Website
Official website
About[edit]
The Reliance Institute of Life Sciences (RILS) is an educational institution offering higher learning in various
domains of life sciences and related technologies. Established by the Dhirubhai Ambani Foundation, it is said to
be Indias pioneer institute in offering graduate, post-graduate, doctoral, research and continuing education
programs in several emerging areas of science and technology.
Courses[edit]
The institute offers training in specific areas of fundamental and applied research, including basic and applied
sciences, agriculture and environment sciences, process development and manufacturing sciences, clinical
research and science and engineering courses in the computer, biomedical and pharmaceutical fields.
Faculty[edit]
The institute is headed by its Chairman, business magnate, Mukesh Ambani. Vice-chairman K. V.
Subramaniam, Director Dr. Arnab Kapat and executive members Prof. Arvind Kudchadker, Dilip Kumar Ghosh
and Vinay Ranade make up the rest of the power-packed team.
The permanent teaching faculty comprises a pool of eminent scientists working for Reliance Life Sciences.
Visiting faculty includes professors from other reputed academic institutions and veterans from the life sciences
industry.
Infrastructure[edit]
RILS has state-of-the-art lecture halls and a fully equipped library complete with a reference section, a regular
text section and a computing facility with Internet access.
Special programs[edit]
As the name suggests, RILSs Competency Development Program focuses on training aspirants in the
domain of life sciences by developing their competencies in life sciences and allied areas. A three-month
classroom training stint is followed by nine months of on-field training in which candidates are thoroughly
assessed for their learning and performance abilities.
The Young Professionals Program consists of a range of courses, each especially designed to hone its
students skills in a highly specialized area. Some of these courses are listed below:
1. The Young Engineers Program (YEP) trains students in the fields of designing, engineering,
implementing, installing, commissioning and validating highly automated biopharmaceuticals
manufacturing plants while complying with the regulations of Indian FDA, USFDA and EMEA.
2. The Young Clinical Professionals' Program (YCPP) trains participants in various aspects of clinical
research and trials, bio-equivalence and bioavailability studies as well as regulatory affairs.
3. Students of the Young Scientists' Program (YSP) the fundamentals of biological sciences and good
laboratory practices.
4. The ECG Readers' Program (ERP) is a highly specialized program that trains medical doctors on ECG
measurement, annotation and overall assessment to be at par with international standards.
Other programs include Young Manufacturing Professionals' Program (YMPP), Young Quality Management
Professionals' Program (YQMPP), Young Medico-Marketing Professionals' Program (YMMPP), Young AgriProfessionals Program (YAPP) and Young Laboratory Technicians Program (YLTP).
Biotherapeutics[edit]
Under this program, students are trained on modules covering topics like:
1. Embryonic stem cells
2. Ocular stem cells
3. Haematopoietic stem cells
4. Skin and tissue engineering
5. Cell biology
6. Plant engineering
7. cGMP manufacturing
8. Quality management
9. Clinical research
10. Occupational health and safety
The program stretches across three months of classroom training followed by a nine-month project studying
areas like:
Cell biology
Molecular biology
cGMP manufacturing
Plant engineering
Quality management
Clinical research[edit]
It focuses on conducting clinical trials for bioavailability/bio-equivalence studies of drug molecules and is
designed to meet the needs of Contract Research Organizations. A few of the modules offered by the program
are:
1. Good Clinical Practices (GCP) and regulatory overview
2. Preclinical Studies and Pharmacology
3. Clinical study document preparation
4. Clinical trial initiation
1. Project management
2. Data Management
3. Biostatistics
4. Risk in clinical research
5. Influence of technology.[1]
Symposia[edit]
In collaboration with Reliance Life Sciences, RILS conducts regular international symposia with the aim of
creating a knowledge-sharing platform for the entire scientific fraternity of the world. It has conducted three
international symposia till date.
The symposium conducted in 2006 focused on Preventive and Predictive Molecular Diagnostics and Stem
Cells and Regenerative Medicine and, in 2007, on Evidence-Based Practices in Reproductive and Fetal
Medicine.[2]
Workshops[edit]
RILS also conducts specialized workshops to impart training on the various aspects of genetically inherited
diseases, testing and methodology and the psychological and social aspects of counseling. [3]
Relicord
From Wikipedia, the free encyclopedia
Relicord
Founded
2001 As Relicord
Headquarters
Key people
Mukesh Ambani
Website
http://www.relicord.com/
About Relicord[edit]
ReliCord has already stored over 3,500 cord blood samples at its repository. It conforms to the AABB and
USFDA guidelines and has an infrastructure to collect cord blood from any corner of the country through its
collection centres. ReliCord offers public as well as private banking and is the only facility in India that offers
stem cell research for current and future applications. The cord blood samples are stored at the Dhirubhai
Ambani Life Sciences Centre (DALC) campus in Navi Mumbai. The repository is completely automated and
uses the most advanced technology under the supervision of a host of experienced scientists.
Social view[edit]
ReliCord runs three programs for the collection of cord blood: ReliCord S, ReliCord A and ReliCord M. ReliCord
S and ReliCord A offer stem cell enriched cord blood repository services as well as stem cell enriched cord
blood for transplantation to address haematological disorders. ReliCord S is a program for sibling donors. This
program is for a mother or a family that wants to process and bank the umbilical cord blood stem cells from the
present pregnancy. Only family members waiting for transplantation can utilize this program. Under ReliCord S
the stored cord blood stem cells can be used for haematopoetic stem cell transplantation for family members
suffering from diseases such asthalassemia or leukemia. The ReliCord S and A program not only stores the
stem cells but also tests and processes the same along with delivering the stem cells to the transplant site as
per the direction received from the transplant physician.
[1]
Research[edit]
ReliCord A is meant for patients who require transplants with grafts from the repository. Under this program a
patient first has to obtain his HLA profile to facilitate the availability of the graft. HLA profiling is also offered by
Reliance Life Sciences. ReliCord M offers umbilical cord banking and cord tissue derived mesenchymal stem
cells banking services as a combined storage service for parents-to-be. The Relicord M program offers
umbilical cord collection, processing of the cord, culturing of mesenchymal stem cells and storage of cord
tissue with 15 million stem cells. Before storage the cord blood is tested for HIV, HBV, HCV and CMV. The
blood is also typed for Human Leukocyte Antigens (HLA) Class 1 and 2 antigens before processing. The stem
cell enriched cord blood is then cryo-preserved at the repository at a temperature of minus 196 degrees
Celsius. Stem cell enriched cord blood can be used as a therapy for the treatment of thalassemia, leukemia,
brain tumor, meuroblastoma and sickle cell anaemia and can be used as an adjunct therapy for chemotherapy.
Type
Private company
Industry
Conglomerate
Predecessor
Founded
1966
Founder
Dhirubhai Ambani
Headquarters
Key people
Anil Ambani
(Chairman)
Products
Revenue
Operating
income
Profit
Total assets
Total equity
Number of
120,000 (2012)
employees
Subsidiaries
Slogan
Website
relianceadagroup.com
Reliance Anil Dhirubhai Ambani Group (now referred as Reliance Group and legally Anil
Dhirubhai Ambani Ventures Limited) is an Indian conglomerate, headquartered in Navi Mumbai,
India. The company, which was formed after Dhirubhai Ambani's business empire was divided up, is
headed by his younger son Anil Ambani.[1] It has a market capitalisation of 890 billion(US$14 billion)
and net assets worth 1800 billion (US$28 billion).[2] The Reliance Group has a business presence
that extends to over 20,000 towns and 450,000 villages in India, and around the globe.
The shareholder base is over 12 million, among the largest in the world. The group is present in
many business sectors across India including technology, financial services, construction,
entertainment, media, real estate, energy, health care, manufacturing, aviation, natural resources,
food and beverages, hospitality, transportation and logistics.
History[edit]
Main article: Dhirubhai Ambani
Reliance group was founded by Dhirubhai Ambani in 1966 as a polyester firm. Dhirubhai started the equity cult
in India. Reliance later entered into financial services, petroleum refining, power sector. By 2002 Reliance had
grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was
headed by his sons. The group was formed after the two feuding brothers Mukesh Ambani andAnil Ambani,
split Reliance Industries.[3][4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, Reliance
Capital and RNRL. This led to a new beginning called Reliance. Later this group entered the power sector
through Reliance Power, and the entertainment sector by acquiring Adlabs.
History[edit]
Main article: Dhirubhai Ambani
Reliance group was founded by Dhirubhai Ambani in 1966 as a polyester firm. Dhirubhai started the equity cult
in India. Reliance later entered into financial services, petroleum refining, power sector. By 2002 Reliance had
grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was
headed by his sons. The group was formed after the two feuding brothers Mukesh Ambani andAnil Ambani,
split Reliance Industries.[3][4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, Reliance
Capital and RNRL. This led to a new beginning called Reliance. Later this group entered the power sector
through Reliance Power, and the entertainment sector by acquiring Adlabs.
History[edit]
Main article: Dhirubhai Ambani
Reliance group was founded by Dhirubhai Ambani in 1966 as a polyester firm. Dhirubhai started the equity cult
in India. Reliance later entered into financial services, petroleum refining, power sector. By 2002 Reliance had
grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was
headed by his sons. The group was formed after the two feuding brothers Mukesh Ambani andAnil Ambani,
split Reliance Industries.[3][4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, Reliance
Capital and RNRL. This led to a new beginning called Reliance. Later this group entered the power sector
through Reliance Power, and the entertainment sector by acquiring Adlabs.
Operations[edit]
Communications[edit]
Main article: Reliance Communications
Reliance Globalcom
Reliance Infratel
Vanco
Reliance World
Reliance Globalcall
Reliance Icall
Reliance Digicom
Reliance BPO
Capital[edit]
Main article: Reliance Capital
Reliance Venture
Reliance Money
Reliance Securities
Reliance PMS
Power[edit]
Hydropower 2500MW
Distribution[edit]
BSES Delhi
BSES Rajdhani
BSES Yamuna
Reliance Power Mumbai
Reliance Power (R Power) has a generation capacity of 1500MW. The company is in the process of achieving
5000MW by 2012, 17000MW by 2015 and 35000MW by 2020. The company is present in all verticals from
generation to transmission to distribution. The company has pan India projects and has a big presence in
Mumbai and Uttar Pradesh. The United Nations registered Reliance Powers Sasan power project on 2
February 2011 to earn as many as 22.5 million credits in the next 10 years.
Infrastructure[edit]
Main articles: Reliance Infrastructure, Delhi Airport Metro Express and Nanded Airport
Reliance Infrastructure (R Infra) has emerged as an electricity distribution and generation, natural gas
exploration and production, construction, and transportation conglomerate as the largest concessionaire of
NHAI with 11 road projects totalling 1,000 km worth about 120 billion (US$1.9 billion) with more than 10,000
people working at various sites. Constructing Metro systems in Delhi and Mumbai totalling more than 75 km of
track. Reliance Infrastructure is also bidding for projects in Nepal and Maldives.
Reliance Entertainment[edit]
Main article: Reliance Entertainment
Movies and television
Reliance Pictures
Reliance Synergy
Reliance Animation
BIG Cinemas
Reliance ND Studio
RMW Studio
Broadcasting
Reliance Digicom
Imagine Showbiz
BIG Magic
Gaming
Zapak
Codemasters
Jump Games
Internet
BIGOYE.com
Zapak.com
Others
BIG Street
BIG Maps
BIG Live
BIG Digital
BIG Reach
BIG Events
Big Cinema is India's largest cinema chain with over 516 screens spread across India, US, Malaysia and
Netherlands and caters to over 35 million consumers. BIG Cinemas has established leadership in film
exhibition in India with 253 screens and accounts for 10 to 15% of box office contributions of large movies.
[5]
BIG FM 92.7 is a leading network of FM Radio stations with FM stations in more than 50 Indian cities.
Reliance Health[edit]
Main article: Reliance Health
Reliance Health is providing integrated health services through one of the finest hospitals in Asia the
Kokilaben Dhirubhai Ambani Hospitalat Andheri, Mumbai. It also plans to venture into diversified fields like
Insurance Administration, Health care Delivery and Integrated Health, Health Informatics and Information
Management and Consumer Health.
Other[edit]
Reliance Aviation Tour & Travels - An aviation travel and tourism company
Reliance Property Solutions - A property development, construction, and investment company offering
real estate listing and consulting services.
Mudra Communication - A communications company (49% stake, rest 51% sold to Omnicom Group)
Logo[edit]
The Reliance Anushka Sharma for Reliance Communication, Abhishek Bachchan and Sonu Nigam for Big 92.7
FM. Earlier Virender Sehwag used to be the brand ambassador of Reliance Communication then known as
Reliance Infocom. Reliance Mobile is also the main sponsor of International Cricket Council Cricket World
Cup and ICC World Twenty20 Cricket tournaments.
General Facts[edit]
Main article: Reliance Globalcom
Group company Reliance Globalcom is the world's largest sealink cables company with more than 1,50,000 km
of sea cables. Reliance Mutual Fund is India's largest mutual fund company with assets of more than 1.1 trillion
rupees. Reliance Mediaworld operates the world's largest dome theatre, IMAX, in Mumbai. Reliance power has
placed World's largest order worth $8.29 billion to Shanghai Electric Group to supply power equipment based
on supercritical technology.
Reliance Infrastructure is the first private company in India to construct a rail project (Delhi Airport Metro
Express) on PPP basis, the project became operational on February 2011. Reliance power has become the
first Indian company to earn Carbon credits, United Nations registered Reliance Powers Sasan power project
to earn as many as 22.5 million credits in the next 10 years, the UN Clean Development Mechanism, the
worlds second- biggest greenhouse gas market issues tradable credits to emission-busting projects in
developing countries.
Reliance Infrastructures Dahanu Thermal Power Station (DTPS). The 500 MW project, around 100 km north of
Mumbai, has emerged the only power plant in the world to win a certification - ISO 50001:2011 for energy
management systems and endeavours in the field of energy use and environment conservation.
Reliance Communication was the first company in India to issue bills in braille for visually impaired customers.
The Central Bureau of Investigation has initiated a preliminary enquiry to probe if Insurance Regulatory and
Development Authority (IRDA) favoured Anil Dhirubhai Ambani Group's Reliance General Insurance Company
while levying Rs 20 lakh penalty for "unauthorized" sale of a health cover.[6]
Global presence[edit]
Group company BIG Cinemas is Indias largest cinema chain with over 516 screens spread across India, US,
Malaysia and Netherlands and caters to over 35 million viewers. Big Cinema has a pan USA footprint with over
205 screens present in 24 cities, in Malaysia with 72 screens that play Hollywood features besides Chinese
and Tamil films that cater to the 1.5 million Tamil populations. In 2009, Big Cinemas established a presence
in Netherlands by associating with Pathe Theatres in three cities to begin screening Indian movies. It also set
up Nepals first Multiplex in Kathmandu.
BIG FM 92.7 is operating radio station in Singapore and Bhutan. Reliance Power is having coal mines
in Indonesia. Reliance has also made major acquisitions in UK and USA.
Corporate sponsorship[edit]
Lasith Malinga bowling from the Nursery End in the Final at Lord's.
Reliance is the main sponsor of cricket tournaments. Reliance sponsored the cricket world cup Reliance World
Cup in 1987 and 1996.[citation needed]
Reliance Mobile is the main sponsor of International Cricket Council Cricket World Cup and World
Twenty20 cricket tournaments.
Reliance Group was in the race in 2010 to sponsor the Indian national cricket team but lost to Sahara India
Pariwar. Reliance Group also bid for the Indian Premier League team, Mumbai Indians, but missed by a small
amount.[citation needed]
The Reliance ICC Player Rankings are the official guide to the relative merits of batsmen, bowlers and allrounders in Test match and ODI cricket.
The Reliance Mobile ICC ODI Womens Rankings provide an opportunity to showcase the leading stars in the
womens international game.
Education[edit]
DAIICT
Resource Centre, DAIICT
Night view
Campus
Hospitals[edit]
Reliance Communications
Type
Public company
Traded as
NSE: RCOM
BSE: 532712
Industry
Telecommunications
Founded
2002[1]
Founder
Anil Ambani
Headquarters
Area served
India
Key people
Revenue
Net income
Total assets
Members
Number of employees
18,070 (2013)[3]
Parent
Reliance Group
Subsidiaries
Website
www.rcom.co.in
Major subsidiaries[edit]
Subsidiary Reliance Telecommunication Limited (RTL) operates in Gujarat, Madhya Pradesh, West
Bengal, Himachal Pradesh,Odisha, Bihar, Assam, and the northeast of India. It first offered GSM
services in January 2003.[5]
Reliance Tech Services is the IT services wing of Reliance Anil Dhirubhai Ambani group. It provides IT
consultancy, business process outsourcing and software development for Reliance Communications and
other ADA group companies.
Reliance Globalcom owns the Fiber-Optic Link Around the Globe undersea cable system
Acquisition[edit]
FLAG Telecom
Digicable
Vanco
Mobile[edit]
On 19 May 2010, the 3G spectrum auction in India ended. Reliance Communications paid
spectrum in 13 circles. The circles it will provide 3G in are Delhi, Mumbai, Kolkata, Punjab, Rajasthan, Madhya
Pradesh, West Bengal, Himachal Pradesh, Bihar, Odisha, Assam, North East, Jammu & Kashmir.[6] RCOM
recently has started to offer 3G services through network sharing in the states where it does not hold license for
3G operations. Reliance provides 3G services in Uttar Pradesh East through Aircel's 3G network and in Uttar
Pradesh West through Tata Docomo's 3G network and it allows Tata Docomo customers to roam on Reliance's
network in Delhi, where Tata Docomo does not operate. On 11 June 2010, the broadband wireless access
(BWA) or 4G spectrum auction in India ended. Infotel Broadband, a subsidiary of Reliance Industries,[7] won
pan-India licence in the auction across 22 circles, the only telecom operator other than stateowned BSNL/MTNL to do so.[8] Infotel paid the government 128477.7 million for the licence.
According to Cellular Operators Association of India (COAI) director-general Rajan S. Mathews, Reliance
Industries was expected to launch 4G services in December 2011. [9]They were expected to use LTE technology.
On 25 May 2012, RCom announced a price reduction of 61% on its 3G services. [10]
In 2011 Reliance provided up to 28 Mbit/s data rate in India with its MIMO technology.[11]
On 31 January 2013, Reliance announced its partnership with Lenovo to market co-branded smartphones in
India.[12] The smartphones were said to use the Android operating system and have dual-core processors.[12]
Reliance Capital
From Wikipedia, the free encyclopedia
[hide]This article has multiple issues. Please help improve it or discuss these issues on the talk page.
This article contains content that is written like an advertisement. (September 2014)
This article relies too much on references to primary sources. (September 2014)
Reliance Capital
Type
Public company
Traded as
BSE: 500111
NSE: RELCAPITAL
Industry
Financial services
Founded
1986
Founder
Dhirubhai Ambani
Headquarters
Mumbai, India
Key people
Anil Ambani
(Chairman)
Products
Revenue
Profit
Number of
18,500 (2014)
employees
Parent
Subsidiaries
Slogan
Website
www.reliancecapital.co.in
Reliance Capital Limited (BSE: 500111, NSE: RELCAPITAL) is an Indian diversified financial
services holding company promoted by Reliance Group.[2][3]
It is one of the largest financial services companies in India by market capitalization. Reliance
Capital also ranks among the top private sector financial services and banking groups, in terms of
net worth in India. The company is a constituent of MSCI India and CNX Junior Nifty. As of July
2014, Reliance Capitals market capitalisation was over 160 billion (US$2.5 billion), ahead
ofBajaj[disambiguation needed] Holdings, L&T Finance promoted by Larsen & Toubro and Muthoot Finance. As on
March 31, 2013, Reliance Capital had assets worth 455.28 billion (US$7.1 billion), a 16-fold
increase in 8 years and net worth of 124.83 billion(US$2.0 billion).[4][5]
Reliance Capital has interests in asset management and mutual funds; life insurance and general
insurance; commercial finance;stock broking; wealth management services; distribution of financial
products; private equity; asset reconstruction; proprietary investments and other activities in financial
services. The company operates across India and has over 20 million customers and workforce of
approximately 18,500 as of March 31, 2014.[6]
Anil Ambani, promoter of Reliance Group is the Chairman of Reliance Capital, while Amitabh
Jhunjhunwala is the Vice-Chairman and Sam Ghosh is the Chief Executive Officer.[7]
History[edit]
Reliance Capital Limited was incorporated in year 1986 at Ahmedabad in Gujarat as Reliance Capital &
Finance Trust Limited. The name Reliance Capital came into effect from January 5, 1995.
In 2002, Reliance Capital Ltd shifted its registered office to Jamnagar in Gujarat before it finally moved
to Mumbai in Maharashtra, in 2006.[8]
In 2006, Reliance Capital Ventures Limited merged with Reliance Capital and with this merger the shareholder
base of Reliance Capital rose from 0.15 million shareholders to 1.3 million. Reliance Capital entered the Capital
Market with a maiden public issue in 1990 and in subsequent years further tapped the capital market through
rights issue and public issues. The equity shares were initially listed on the Ahmedabad Stock Exchange and
The Stock Exchange Mumbai.
Presently the shares are listed on The Stock Exchange Mumbai and the National Stock Exchange of India. [9]
Credit Rating[edit]
Reliance Capital had a net debt equity ratio of 1.82 as on March 31, 2014. It is one of the top most rated Indian
financial institutions and enjoys the highest ratings of A1+ by ICRA and CRISIL, for its short term borrowing
program and CARE AAA by CARE for its long term borrowing program.[11][12]
Operations[edit]
Reliance Capital offers a range of financial services in many business lines. The company is one of the most
diversified financial services firms in India with interests expanding from asset management, insurance,
commercial finance, broking, private equity to other niche financial services.
The prominent businesses are as follows.[13]
mark.[16] It has the largest customer base of over 5 million investor folios that are served from offices spread
over 175 locations in India with over 42,500 distributors.
RMF has 55 schemes - 21 equity oriented schemes, 29 debt oriented schemes, 4 exchange traded funds and 1
funds-of-funds. Reliance manages some of the most successful schemes in terms of returns. As on March 31,
2014, RMF had conducted more than 2,500 Investor Awareness Programs, covering over 50,000 participants,
which was highest in the Industry.
It is also the leading AMC in garnering AUMs from beyond Top 15 cities category (18% share in total AUMs). [17]
[18]
In September Reliance Capital Asset Management and Japanese financial services major Nissay have joined
hands to launch two mutual fund products for the Japanese retail investors. The two funds Short Term Indian
Bond Fund and India Equity Selection Fund will enable Japanese retail investors to participate in the India
growth story.[19]
The company had a loan book at 136.67 billion (US$2.1 billion)as on March 31, 2014, with over 66,000
customers across top 37 Indian metros.[25][26]
Major Deals[edit]
Reliance Capital is known to have struck some of the biggest deals in the Indian financial services sector.
In 2011, Reliance Capital sold 26% stake in its life insurance business - Reliance Life Insurance - to Nippon
Life Insurance (Nissay), amongst the world's largest life insurer with an AUM of over 600 billion. The transaction
was completed at Rs. 3,062 crore for 26 per cent stake, valuing Reliance Life Insurance at $2.6 billion. [31][32]
This was the largest deal in the insurance sector in India. Recently, the government of India has announced
49% foreign holding in Indian insurance firms, up from the 26% holding allowed earlier.[33]
In 2012, Nippon Life Insurance bought 26% stake in Reliance Capital Asset Management for Rs. 1,450 crore,
making it the biggest inward stake buy in the mutual fund industry. The deals were lauded in the Indian financial
services sector in India by analysts. Value Research, a major financial research firm lauded this strategic stake
sale by Reliance Capital to Nippon Life Insurance in two of its businesses. [34][35][36]
Industry players also believe that such high value and credible deals struck by Reliance Capital has helped
increase the valuations of the Indian financial services space in the prolonged global economic slowdown and
after the Lehman triggered financial crisis.[37]
Reports indicate that Reliance Capital is also planning to sell 26% stake in its general insurance business Reliance General Insurance - at an appropriate time.[38] India's leading financial daily Economic Times wrote,
since Reliance General Insurance is one of the leading players, the proposed stake sale is expected to
generate handsome capital gains for Reliance Capital. The de-leveraging of the balance sheet and ongoing
restructuring should help Reliance Capital conserve capital and generate better return ratios. A leaner company
will also mean that it will be able to grow faster when the business environment turns favourable once again. [39]
After the recent announcement by Finance Minister Arun Jaitley to increase investment limit for foreigners in
Indian insurance sector to 49%, Espirito Santo said Reliance Capital is going to benefit the most from the
decision due to its successful presence in both life and general insurance and ability draw appropriate valuation
from foreign partners due to its diversified strength and last mile reach in financial services sector in India. [40]
Reliance Capital in July announced the merger of its global film and media services business with Prime Focus
to create an entity with a combined turnover of over Rs 1,800 crore. [41]
Reliance Power
From Wikipedia, the free encyclopedia
Type
Industry
Electric utility
Founded
2007
Headquarters
Key people
Products
electrical power
natural gas
Services
Revenue
Net income
Parent
Website
reliancepower.co.in
Reliance Power Limited is part of the Reliance Anil Dhirubhai Ambani Group. It was established to
develop, construct and operate power projects in the Indian and international markets. Reliance
Energy Limited, an Indian private sector power utility company and the Anil Dhirubhai Ambani Group
promote Reliance Power.
With its subsidiaries, it is developing 13 medium and large-sized power projects with a combined
planned installed capacity of 33,480 MW.
Reliance Natural Resources merged with Reliance Power in 2010, shortly after its initial public
offering.[1] In July 2014, Reliance Power acquired the entire 1,800 MW hydropower portfolio
of Jaiprakash Associates for over 10,000 crore.[2]
Overview[edit]
The company was incorporated in January 1995 as Bawana Power Private Limited and changed its name to
Reliance Delhi Power Private Limited in February 1995. Its name was changed to Reliance Energy Generation
Limited in March 2004, and finally to Reliance Power Limited in July 2007. [3]
The company website identifies project sites broadly to be located in western India (12,220 MW), northern
India (9,080 MW) and northeastern India (4,220 MW) and southern India (4,000 MW). They include six coalfired projects (14,620 MW) to be fuelled by reserves from captive mines and supplies from India and abroad,
two gas-fired projects (10,280 MW) to be fuelled primarily by reserves from the Krishna Godavari basin (the
"KG Basin") off the east coast of India, and four hydroelectric projects (3,300 MW), three of them in Arunachal
Pradesh and one in Uttarakhand.
Power projects[edit]
Krishnapatnam Ultra Mega Power Project at Krishnapatnam in Nellore district, Andhra Pradesh - 3960
MW (6x660 MW).
Sasan Ultra Mega Power Project, at Sasan village in Singrauli district, Madhya Pradesh 3960 MW
(6x660 MW). Thee units are commissioned.[4]
Tilaiya Ultra Mega Power Project, at Tilaiya in Koderma district, Jharkhand - 3960 MW (6x660 MW).
Raghunathpur Thermal Power Station: a upcoming 1200 MW power project. The plant is owned
by Damodar Valley Corporation and the Engineering, procurement and construction contract was given to
Reliance Infrastructure.
Rajiv Gandhi Thermal Power Station, located at Kedar village in Hisar district, Haryana: 1200 MW. The
plant is owned by Haryana Power Generation Corporation and the Engineering, procurement and
construction contract was given to Reliance Infrastructure.
Rosa Thermal Power Plant. A 1200 MW (4x300 MW) coal based thermal power plant in Rosa
village, Shahjahanpur district, Uttar Pradesh. The plant is fully functional.
Butibori Power Project: 600 MW (2x300 MW), at Butibori near Nagpur, Maharashtra. The plant is fully
functional.[5]
dollar loans. Reliance Power signed a pact with the US's General Electric Co. (GE) worth INR100 billion ($2.2
billion) to implement a 2400 MW power plant. The plant will be located in the southern Indian town
of Samalkot and the pact was signed during the visit of President Barack Obama. [7]
Carbon credits[edit]
On 2 February 2011 United Nations registered Reliance Power's Sasan Power Plant to be eligible for earning
carbon credits followed by Krishnapatanm Ultra Mega Power Project and Tilaiya Ultra Mega Power Projects.
United Nations issues carbon credits to companies which employs advanced technologies in reducing carbon
emission . These carbon credits can then be sold to those companies that are emitting more than their statutory
emission limits.
Reliance Infrastructure
From Wikipedia, the free encyclopedia
[hide]This article has multiple issues. Please help improve it or discuss these issues on the talk page.
This article contains content that is written like an advertisement. (April 2012)
This article needs additional citations for verification. (June 2012)
Type
Public company
Traded as
BSE: 500390
NSE: RELINFRA
Industry
Utilities (energy)
Founded
2002
Headquarters
Mumbai, India
Key people
Anil Ambani
(Chairman)
Products
electrical power
natural gas
Services
Revenue
Net income
Total assets
Number of
8,988 (2011)[1]
employees
Parent
Slogan
Website
www.rinfra.com
Reliance Infrastructure Ltd., formerly known as Reliance Energy and before that as Bombay
Suburban Electric Supply(BSES), is India's largest private sector enterprise power utility.[3] It is part
of the Reliance Anil Dhirubhai Ambani Group, one of India's largest conglomerates. The company is
headed by Anil Ambani. The corporate headquarters is in Mumbai.[2] The company is the sole
distributor of electricity to consumers in the suburbs of Mumbai. It also runs power generation,
transmission and distribution businesses in other parts of Maharashtra, Goa and Andhra Pradesh.
History[edit]
Reliance Energy came into existence when it took over BSES in 2002. In April 2008, Reliance Energy changed
its name to Reliance Infrastructure.[4][5]
Metro Rail[edit]
Airports[edit]
Baramati Airstrip
Reliance Infra is constructing[when?] five airports in Maharashtra. The company is bidding for new airport projects
throughout India and Asia. The five airports in Maharashtara are as follows:
Latur Airport
Baramati Airport
Osmanabad Airport
Yavatmal airport
Bridges[edit]
Reliance Infrastructure and Hyundai Engineering, formed a joint venture to build the Worli-Haji Ali part of
the Western Freeway.[10][11] The consortium was also to toll the Bandra Worli Sea Link for 40 years.[12] In early
2012, the Municipal Corporation of Greater Mumbai proposed constructing a 35 km coastal road
between Nariman Point andKandivali.[13]
Reliance protested against this project as it claimed it would incur losses. [14] Subsequently, the Government of
Maharashtra appointed a committee to look into the matter.[15]Later, it was reported that the MSRDC was likely
to scrap the deal with Reliance due to the latter not having started construction two years after signing the
agreement.[16]Afterwards, it was announced that the deal was scrapped as the mediation report stated that it
was impossible to build.[17]
Toll roads[edit]
Reliance Infrastructure entered the road building industry in 2006 with two National Highway projects in Tamil
Nadu. The first was Namakkal to Karur and the second Dindigul to Samynellore, both on National Highway
44 (formerly National Highway 7).[18] In 2011, it was announced that the company was planning to buy out
licences to build road projects from companies unable to do so. [19]
Reliance Infra is constructing 1000 km of highway and expressway projects worth 120 billion (US$1.9 billion)
in India. The company is largest concessionaire to NHAI with 11 projects.The company is also bidding for
500 km of projects in India. There are five projects in Tamil Nadu out of which three are operational. [20] All the
projects are on Buildoperatetransfer mode of funding. The other projects include:
Reliance Entertainment
From Wikipedia, the free encyclopedia
(Redirected from Reliance BIG Entertainment)
[hide]This article has multiple issues. Please help improve it or discuss these issues on the talk page.
The neutrality of this article is disputed. (July 2012)
This article needs additional citations for verification. (February 2012)
Reliance Entertainment
Type
Subsidiary
Industry
Media
Founded
2005
Headquarters
Key people
Products
Parent
Website
Official Website
Subsidiaries[edit]
Big Digital - Digital Content Development, Internet Radio and New Media Division
Big ND Studios -
IM Global
Talenthouse[1]
Latest events[edit]
The company forayed into the largely untapped video rental market in India by launching BIGFlix.[2]
On 15 July 2009, Reliance Big Entertainment and Steven Spielberg announced a joint venture with a
funding of $825 million.[4]
Recently, Big 92.7 FM launched a radio station in Singapore considering 8% of the population residing
there is Indian.[5]
On May 28, 2010, they achieved the first ever Bollywood cross-over into the Hollywood Box Office
market in the opening weekend "Top Ten" list after releasing Kites.
The studio is co-producing director Steven Spielberg's upcoming film War Horse which is due for
worldwide release in Christmas. Many other future projects from the director also have Reliance
Entertainment as a major producer.[7]
In January 2012, it was announced that Reliance DreamWorks movies garnered 11 Oscar
nominations.[8]
In March 2013, Reliance Entertainment done a deal with Jalsha Movies Production for selling them the
movies of Superstar Jeet produce and distributed by Reliance Entertainment.
In November 2014, Reliance announced plans to begin the acquisition process of the North American
and European mobile game studios of DreamWorks Studios in early 2015.[9]
Reliance Health
Reliance Health is a company in the Reliance Anil Dhirubhai Ambani Group, headed by the
Indian businessman Anil Ambani.
Its first partner health care facility will be the Kokilaben Dhirubhai Ambani Hospital &
Medical Research Institute, a tertiary care facility in Versova near Mumbai.
Private
Industry
Founded
2006
Headquarters
Key people
Tina Ambani,
Dr. Vikram Chatwal
Services
Number of employees
100-110
Parent
Slogan
Website
KDA Hospital
The 730 bed multi-speciality hospital underwent a 'soft' launch in early 2008 for employees
and doctors that had accepted offers with KDAH, and became operational in the first week of
2009. The hospital project is initiated in 1999 by Dr. Nitu Mandke as a large scale heart
hospital.
This hospital having the first 3 room intra operative mri suite (IMRIS) in south asia.
The hospital is named after the wife of Dhirubhai Ambani who was the founder of the
Reliance group of companies.
Type
Industry
Insurance
Founder
Headquarters
Key people
Robert Steinberg
Services
Insurance
Number of employees
Subsidiaries
Website
[1]
Reliance Insurance Company, now officially known as Reliance Insurance Company [in
Liquidation], was founded in Philadelphiain 1817 and has undergone numerous corporate
makeovers in the intervening years. As of October 3, 2001, the company has been
in liquidation.