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Reliance (RIL) Company
Profile
Reliance Group is India's
largest private sector enterprise with revenues in excess of US$ 25 billion. The
group has diversified
business interests in areas such as
petrochemicals, textiles and retail. Reliance Group's flagship company, Reliance
Industries Limited (RIL), is a Fortune Global 500 company and is the largest
private sector company in India. Reliance
Industries Limited (RIL) is
India ’s largest private sector company on
all major financial parameters. It has emerged as the only Indian company in the
list of global companies that create most value for their shareholders,
published by Financial Times based on a global survey and research conducted by
Price waterhouse Coopers in 2004.
India
and Reliance Industries rely on each other. The company is India's largest
petrochemical firm and among the country's largest companies (along with the
likes of Indian Oil and the Tata Group). Oil refining and the manufacture of
polyolefins (polyethylene, polypropylene, PVC, etc.) account for nearly all of
Reliance's sales. Additionally, the company makes textiles and explores for
oil and gas, though those businesses
are comparatively small. In 2006, following a dispute among the founding Ambani
family, the company demerged into four separate entities; the newly created
companies are Reliance Capital (financial services), Reliance Communications
(telecommunications), and Reliance Energy (utilities)
Today, Reliance Group's activities range from exploration and production of oil
and gas,
petroleum refining and marketing,
petrochemicals (polyester, fibre intermediates, plastics and
chemicals) to textiles and retail.
Reliance enjoys global leadership in its businesses. It is the largest polyester
yarn and fibre producer in the world and among the top five to ten producers in
the world in major petrochemical products. Presently, Reliance Group has more
than 25,000 employees on its rolls and exports products in excess of US$ 15
billion to more than 100 countries in the world.
Reliance Industries has been
named as the second most admired company in India in the Taylor Nelson Sofres-Mode
(TNS-Mode) survey, after Infosys.
The Group exports products in
excess of US$ 20 billion to 108 countries in the world. Major Group Companies
are Reliance Industries Limited (including main subsidiaries Reliance Petroleum
Limited and Reliance Retail Limited) and Reliance Industrial Infrastructure
Limited.Companies were judged on four parameters - Management Quality, Financial
Performance, Returns to Shareholders and Company Ethics.
In the Financial Performance
and Returns to Shareholders categories, Reliance Industries was ranked number
one, followed by Infosys in the second position. In Management Quality and
Company Ethics categories, RIL claimed the second spot after Infosys.
The Company's operations can be
classified into four segments namely:
- Petroleum Refining and Marketing
business
- Petrochemicals business
- Oil and Gas Exploration & Production
business
- Others
Conatct
3rd Floor Maker Chambers IV
222 Nariman Point
Mumbai,
Maharashtra 400 021
India
For more details please visit
www.ril.com