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* '[[Responsible Care]] Company' awarded by the [[American Chemistry Council]], India in March, 2012<ref>{{cite news|title=RIL gets certified as ‘Responsible Care Company’|url=http://www.thehindubusinessline.com/companies/article2960304.ece|accessdate=9 April 2012|date=04/03/2012}}</ref>
* '[[Responsible Care]] Company' awarded by the [[American Chemistry Council]], India in March, 2012<ref>{{cite news|title=RIL gets certified as ‘Responsible Care Company’|url=http://www.thehindubusinessline.com/companies/article2960304.ece|accessdate=9 April 2012|date=04/03/2012}}</ref>
* RIL has been ranked at 20th position across the world, on the basis of sales, in the ICIS<ref>{{cite news|title=RIL among world's largest chemical firms|url=http://www.hindu.com/2010/11/29/stories/2010112959891600.htm|accessdate=9 April 2012|newspaper=The Hindu|date=29 November 2010}}</ref> Top 100 Chemicals Companies list.
* RIL has been ranked at 20th position across the world, on the basis of sales, in the ICIS<ref>{{cite news|title=RIL among world's largest chemical firms|url=http://www.hindu.com/2010/11/29/stories/2010112959891600.htm|accessdate=9 April 2012|newspaper=The Hindu|date=29 November 2010}}</ref> Top 100 Chemicals Companies list.
* RIL has been ranked No. 1 in India on the basis of average [[market capitalization]], No. 1 in total [[assets]] and No. 2 on the basis of total income in 2012, by Business World magazine<ref>{{cite news|first=Business World|title=India’s 50 Biggest Non- Financial Companies|url=http://www.businessworld.in/en/c/document_library/get_file?uuid=fe069e04-81df-4613-bb1d-83a7e8a56d66&groupId=222922|newspaper=Business World|date=29/10/2012}}</ref>

==References==
==References==
{{Reflist|30em}}
{{Reflist|30em}}

Revision as of 14:09, 22 October 2012

Reliance Industries Limited
Company typePublic
BSE: 500325, NSE: RELIANCE, LSE: RIGD
BSE SENSEX Constituent
IndustryConglomerate
PredecessorReliance Commercial Corporation
Founded1966
FounderDhirubhai Ambani
HeadquartersMumbai, Maharashtra, India
Key people
Mukesh Ambani
(Chairman and MD)
ProductsCrude oil, natural gas, petrochemicals, petroleum, polyester, textiles, retail, telecom
RevenueIncrease US$ 76.119 billion (2012)[1]
Increase US$ 4.116 billion (2012)[1]
Total assetsIncrease US$ 64.230 billion (2012)[1]
Total equityIncrease US$ 33.263 billion (2012)[1]
Number of employees
23,166 (2012)[1]
Subsidiaries
WebsiteRIL.com

Reliance Industries Limited (RIL) (BSE: 500325, NSE: RELIANCE, LSE: RIGD) is an Indian conglomerate company headquartered in Mumbai, Maharashtra, India. The company operates through three business segments: petrochemicals, refining, and oil and gas; other divisions of the company include textiles, retail business, special economic zone (SEZ) development and telecom/broadband business. RIL is one of the largest publicly traded company in India by market capitalisation and is the second largest company in India by revenue after Indian Oil Corporation.[2] It is also India's largest private sector company by revenue and profit. The company is ranked 99th on Fortune Global 500 list of the world's biggest corporations for the year 2012.[3]

History

Products

Though the company's petrochemicals, refining, and oil and gas-related operations form the incore of its business, other dividors of the company include cloth, retail business and special economic zone (SEZ) development. Reliance Retail has entered into the fresh foods market as Reliance Fresh.

RIL is to invest $10 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. It had applied for industrial licence in early July 2012. This decision comes after the creation of Reliance Aerospace Technologies Pvt Ltd and Reliance Security Solutions Ltd. [4]

Businesses divisions

Major subsidiaries and associates

  • Reliance Life Sciences participates in medical, plant and industrial biotechnology opportunities. Specifically, these relate to biopharmaceuticals, pharmaceuticals, clinical research services, regenerative medicine, molecular medicine, novel therapeutics, biofuels, plant biotechnology, and industrial biotechnology.[5]
  • Reliance Institute of Life Sciences (Rils), established by Dhirubhai Ambani Foundation, is an institution of higher education in various fields of life sciences and related technologies.[6]
  • Reliance Logistics (P) Limited is a single-window solutions provider for transportation, distribution, warehousing, logistics, and supply chain needs, supported by in-house state of the art telematics and telemetry solutions.[7]
  • Reliance Clinical Research Services (RCRS), a contract research organisation (CRO) and wholly owned subsidiary of Reliance Life Sciences, has been set up to provide clinical research services to pharmaceutical, biotechnology, and medical device companies.[8]
  • Reliance Solar, the solar energy initiative of Reliance, aims to bring solar energy systems and solutions primarily to remote and rural areas and bring about a transformation in the quality of life.[9]
  • Relicord is a stem-cell banking service controlled by Reliance Industries.[10]
  • Infotel Broadband is a broadband service provider which gained 4G licensees for operating across India, now it is wholly owned by RIL for ₹4,800 crore (US$560 million).[11][12]

Reliance Industrial Infrastructure Limited

Reliance Industrial Infrastructure Limited (RIIL)[13] 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. It has been promoted by Mr. Satyapal Jain and his associates. 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 Patalaganga, 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 70,000 kilolitre petrochemical product storage and distribution terminal at the Jawaharlal Nehru Port Trust (JNPT) Area in Maharashtra.ambani 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.

Reliance Retail

See Reliance Retail

Reliance Retail is the retail business wing of the Reliance business. Many brands like Reliance Fresh, Reliance Footprint, Reliance Time Out, Reliance Digital, Reliance Wellness, Reliance Trendz, 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.

TGB

Environmental record

Reliance Industry 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 this large amount of waste, they had to create a way to recycle the waste. They operate the largest polyester recycling centre that uses the polyester waste as a filling and stuffing. They developed an innovative recycling process resulting in an award in 'Team Excellence'.[14]

Awards and recognition

  • International Refiner of the Year in 2005 at the 23rd Annual Hart's World Refining and Fuels Conference[15]
  • According to survey conducted by Brand Finance and The Economic Times in 2010, Reliance is the second most valuable brand in India.[16]
  • The Brand Trust Report, 2011 has ranked Reliance industries as the 6th most trusted brand in India.[17]
  • 'Responsible Care Company' awarded by the American Chemistry Council, India in March, 2012[18]
  • RIL has been ranked at 20th position across the world, on the basis of sales, in the ICIS[19] Top 100 Chemicals Companies list.
  • RIL has been ranked No. 1 in India on the basis of average market capitalization, No. 1 in total assets and No. 2 on the basis of total income in 2012, by Business World magazine[20]

References

  1. ^ a b c d e "Financial Highlights". RIL Financial Highlights.
  2. ^ "RIL one of the most valuable company in India". CNBC-TV18. 14 October 2011.
  3. ^ "Fortune Global 500". CNN Money. Retrieved 9 July 2012Fortune 2012 latest rankings. {{cite news}}: Check date values in: |accessdate= (help)
  4. ^ The Times Of India. 28 July 2012 http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/ril-lines-up-close-to-1-billion-plan-in-aerospace-sector-may-hire-around-1500-people/articleshow/15214083.cms. {{cite news}}: Missing or empty |title= (help); Unknown parameter |Title= ignored (|title= suggested) (help)
  5. ^ "About us, Reliance Life Sciences". Retrieved 3 March 2010.
  6. ^ "Welcome to Reliance Institute of Life Sciences". Retrieved 5 November 2011.
  7. ^ "About us, Reliance Logistics". Retrieved 3 March 2010.
  8. ^ "Reliance Clinical Research Services — About". Retrieved 5 November 2011.
  9. ^ "About us, Reliance Solar". Retrieved 3 March 2010.
  10. ^ "About us, Relicord". Retrieved 3 March 2010.
  11. ^ "Reliance Industries buys 95% stake in Infotel Broadband for Rs 4,800 cr". The Times Of India. 12 June 2010. Retrieved 11 June 2010.
  12. ^ "RIL Subsidiaries & Associates".
  13. ^ Shah, Manan. "Company History". money control.
  14. ^ Bhatt, Hari (2006). "Reliance Industries award". Findarticles.com. Retrieved 20 August 2010. {{cite news}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help) [dead link‍]
  15. ^ http://www.ril.com/rportal/jsp/eportal/media/PressRelease.jsp?id=332
  16. ^ "India's top 10 brands". business.rediff.com. Retrieved 26 October 2010.
  17. ^ ": Videos". Moneycontrol.com. Retrieved 29 April 2012.
  18. ^ "RIL gets certified as 'Responsible Care Company'". 04/03/2012. Retrieved 9 April 2012. {{cite news}}: Check date values in: |date= (help)
  19. ^ "RIL among world's largest chemical firms". The Hindu. 29 November 2010. Retrieved 9 April 2012.
  20. ^ "India's 50 Biggest Non- Financial Companies". Business World. 29/10/2012. {{cite news}}: |first= has generic name (help); |first= missing |last= (help); Check date values in: |date= (help)

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