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Introduction:
Reliance Commercial
Corporation
After the death of Dhirubhai Ambani, the group was split into Reliance
Industries Limited, headed by Mukesh Ambani, and Reliance Anil Dhirubhai
Ambani Group (Reliance ADA Group), headed by Anil Ambani. As of 2017, the
company has more than 250,000 employees. In 2012, Reliance Industries was one
of the two Indian companies to be ranked among the top 100 in the Fortune 500
list of the world's largest companies by revenue.
part of a joint venture between Reliance Group, led by Anil Ambani, and its JV
partner French major Dassault Aviation. The production at Mihan-SEZ will begin
with components for the Rafale warplanes and Falcon business jet produced by
Dassault. It is expected to fully assemble both the aircraft in the Nagpur unit in
the coming years.
SUBSIDIARIES
The company is ranked 203rd on the Fortune Global 500 list of the
world's biggest corporations as of 2017. It is ranked 8th among the Top 250
Global Energy Companies by Platts as of 2016. Reliance continues to be India’s
largest exporter, accounting for 8% of India's total merchandise exports with a
value of Rs 147,755 crore and access to markets in 108 countries. Reliance is
responsible for almost 5% of the government of India's total revenues from
customs and excise duty. It is also the highest income tax payer in the private
sector in India.
The number of shares of RIL are approx. 3.1 billion. The promoter group,
Ambani family, holds approx. 46.32% of the total shares whereas the remaining
53.68% shares are held by public shareholders, including FII and corporate
bodies. Life Insurance Corporation of India is the largest non-promoter investor in
the company, with 7.98% shareholding.
Reliance Commercial
Predecessor Reliance Commercial Corporation
Corporation
1977; 41 years ago
Founded 1966; 52 years ago
Dhirubhai Ambani
Founder Dhirubhai Ambani
Petroleum
Products Telecom, financial services,
construction, entertainment, Power, Natural gas
Petrochemicals
health care, aviation, Defences
Textiles
Retail
Telecommunications
Media
₹430,731 crore(US$60 billion)
Revenue US$15.4 billion (2012)
(2018)
Operating ₹74,184 crore(US$10 billion)
US$2 billion (2012)
income (2018)