| Revision as of 03:10, 18 August 2013 editGswarnkar (talk | contribs)Extended confirmed users2,436 editsm →Reliance Industrial Infrastructure Limited: Moved citation from ET to end of the sentence.← Previous edit | Revision as of 03:16, 18 August 2013 edit undoGswarnkar (talk | contribs)Extended confirmed users2,436 editsm →Reliance Industrial Infrastructure Limited: Inserted citation for RIIL.inNext edit → | ||
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| ===Reliance Industrial Infrastructure Limited=== | ===Reliance Industrial Infrastructure Limited=== | ||
| Reliance Industrial Infrastructure Limited (RIIL) 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.<ref>{{cite web |last=Shah |first=Manan |title=Company History |url=http://www.moneycontrol.com/company-facts/relianceindustrialinfrastructure/history/RII |publisher=money control}}</ref> RIL holds 45.43% of total shares of RIIL.<ref name=AR/> | Reliance Industrial Infrastructure Limited (RIIL) 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.<ref>{{cite web |last=Shah |first=Manan |title=Company History |url=http://www.moneycontrol.com/company-facts/relianceindustrialinfrastructure/history/RII |publisher=money control}}</ref> RIL holds 45.43% of total shares of RIIL.<ref name=AR/> | ||
| ⚫ | 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.<ref>{cite web |url=riil.in |publisher=RIIL.in |title=About us |accessdate=18 Aug 2013}}</ref><br> | ||
| 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 71,000 kilo-litre petrochemical product storage and distribution terminal at the Jawaharlal Nehru Port Trust (JNPT) Area in Maharashtra. |
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 71,000 kilo-litre petrochemical product storage and distribution terminal at the Jawaharlal Nehru Port Trust (JNPT) Area in Maharashtra. | ||
| ⚫ | 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=== | ===Reliance Retail=== | ||
Revision as of 03:16, 18 August 2013
Not to be confused with Reliance Anil Dhirubhai Ambani Group. | A major contributor to this article appears to have a close connection with its subject. It may require cleanup to comply with Misplaced Pages's content policies, particularly neutral point of view. Please discuss further on the talk page. (August 2013) (Learn how and when to remove this message) |
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| Company type | Privately Owned |
|---|---|
| Traded as | BSE: 500325, NSE: RELIANCE, LSE: RIGD BSE SENSEX Constituent |
| Industry | Conglomerate |
| Predecessor | Reliance Commercial Corporation |
| Founded | 1966 |
| Founder | Dhirubhai Ambani |
| Headquarters | Mumbai, Maharashtra, India |
| Key people | Mukesh Ambani (Chairman and MD) |
| Products | Crude oil, natural gas, petrochemicals, petroleum, polyester, textiles, retail, telecom |
| Revenue |  US$ 73.1 billion (2013) |
| Operating income | US$ 04.8 billion (2013) |
| Net income | US$ 03.8 billion (2013) |
| Total assets | US$ 60.85 billion (2012) |
| Total equity | US$ 31.66 billion (2012) |
| Number of employees | 23,500 (2012) |
| Website | RIL.com |
Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. The company operates in five major segments: exploration and production, refining and marketing, petrochemicals, retail and telecommunications.
RIL is the third largest publicly traded company in India by market capitalisation and is the second largest company in India by revenue after Indian Oil Corporation. The company is ranked 107th on Fortune Global 500 list of the world's biggest corporations for the year 2013. It contributes to approx. 14% of total exports of India.
History
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 . In 1975, company expanded its business into textiles , with "Vimal" becoming its major brand in later years. The company made an initial public offer (IPO) in 1977.
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.
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 bodies corporate.
Listing
The Company's equity shares are listed on the National Stock Exchange of India Limited (NSE) and the BSE Limited (BSE). The Global Depository Receipts (GDRs) issued by the Company are listed on Luxembourg Stock Exchange (LSE). 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.
Products
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 and special economic zone (SEZ) development. Its subsidiary Reliance Retail has entered into the fresh foods market as Reliance Fresh.
RIL is 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.
Businesses divisions
Major subsidiaries and associates
- Reliance Life Sciences its profit-making ventures around medical, plant and industrial biotechnology opportunities. Specifically, this company specializes 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.
- Reliance Institute of Life Sciences (Rils), established by Dhirubhai Ambani Foundation, is an institution offering higher education in various fields of life sciences and related technologies.
- 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.
- 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.
- 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.
- Relicord is a cord blood banking service owned by Reliance Life Sciences. It was established in 2002. It has been inspected and accredited by AABB, and also has been accorded a license by Food and Drug Administration (FDA), Government of India.
- Reliance Jio Infocomm (RJIL), previously known as Infotel Broadband, is a broadband service provider which gained 4G licences for operating across India. Now it is wholly owned by RIL for ₹4,800 crore (US$560 million).
Reliance Industrial Infrastructure Limited
Reliance Industrial Infrastructure Limited (RIIL) 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. RIL holds 45.43% of total shares of RIIL.
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.
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 71,000 kilo-litre petrochemical product storage and distribution terminal at the Jawaharlal Nehru Port Trust (JNPT) Area in Maharashtra.
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 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.
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 so much waste, they operate the largest polyester recycling centre that uses the polyester waste as a filling and stuffing. Their idea resulting in an award in 'Team Excellence'.
Awards and recognition
- International Refiner of the Year in 2005 at the 23rd Annual Hart's World Refining and Fuels Conference
- According to survey conducted by Brand Finance and The Economic Times in 2010, Reliance is the second most valuable brand in India.
- The Brand Trust Report, 2011 has ranked Reliance industries as the 6th most trusted brand in India.
- 'Responsible Care Company' awarded by the American Chemistry Council, India in March, 2012
- RIL has been ranked at 20th position across the world, on the basis of sales, in the ICIS 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. In the same report, RIL ranked 2nd among the top 100 gainers in India.
References
- ^ "Q4 Financial results 2012-13" (PDF). RIL.com.
- "Mukesh Ambani's speech". Scribd.com. Retrieved 28 July 2013.
- "Top '50' companies by market capitalisation as on March 31, 2013". nseindia.com. Retrieved 14 August 2013.
- "Global 500". CNN.com. Retrieved 14 August 2013.
- "Fortune Global 500". CNN Money. Retrieved 14 August 2013.
- ^ "Annual Report 2012-13" (PDF). RIL.com. 8 May 2013.
- "Major Milestones". RIL.com.
- "Scheme of Demerger". ril.com. Retrieved 15 August 2013.
- ^ "Investor Relations > Share Ownership". ril.com. Retrieved 15 August 2013.
- "Investors' Handbook". ril.com. Retrieved 15 August 2013.
- "RIL lines up close to $1 billion plan in aerospace sector, may hire around 1,500 people". The Times Of India. 28 July 2012.
- "About us, Reliance Life Sciences". RelLife.com. Retrieved 18 August 2013.
- "Welcome to Reliance Institute of Life Sciences". RILS.com. Retrieved 18 August 2013.
- "About us, Reliance Logistics". Retrieved 18 August 2013.
- "Clinical Research Services (CRS) group of Reliance Life Sciences". RelLife.com. Retrieved 18 August 2013.
- "About us, Reliance Solar". Retrieved 18 August 2013.
- "About us, Relicord". Retrieved 18 August 2013.
- "AABB Accredited Cord Blood (CB) Facilities". AABB.org. Retrieved 18 August 2013.
- "RIL subsidiary Reliance Jio Infocomm finalises key pacts for roll-out of 4G services". Economic Times. Retrieved 18 August 2013.
- "Reliance Industries buys 95% stake in Infotel Broadband for Rs 4,800 cr". The Times Of India. 12 June 2010. Retrieved 18 August 2013.
- "RIL Subsidiaries & Associates". RIL.com.
- Shah, Manan. "Company History". money control.
- {cite web |url=riil.in |publisher=RIIL.in |title=About us |accessdate=18 Aug 2013}}
- "Reliance Industries award". Findarticles.com. 2006. Retrieved 20 August 2010.
{{cite news}}:|first=missing|last=(help); Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - http://www.ril.com/rportal/jsp/eportal/media/PressRelease.jsp?id=332
- "India's top 10 brands". business.rediff.com. Retrieved 26 October 2010.
- ": Videos". Moneycontrol.com. Retrieved 29 April 2012.
- "RIL gets certified as 'Responsible Care Company'". 04/03/2012. Retrieved 9 April 2012.
{{cite news}}: Check date values in:|date=(help) - "RIL among world's largest chemical firms". The Hindu. 29 November 2010. Retrieved 9 April 2012.
- "India's 50 Biggest Non- Financial Companies". Business World. 29 October 2012.
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External links
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| see also: Template:Reliance Anil Dhirubhai Ambani Group | |||||
Template:Major Indian companies
Categories:
- Articles to be merged from July 2013
- Articles to be merged from August 2013
- Misplaced Pages articles needing copy edit from July 2013
- Use dmy dates from May 2012
- Reliance Industries
- BSE SENSEX
- Companies based in Maharashtra
- Companies based in Mumbai
- Companies established in 1966
- Companies listed on the National Stock Exchange of India
- Conglomerate companies of India
- Economy of Maharashtra
- Economy of Mumbai
- Oil and gas companies of India
- S&P CNX Nifty
- Petrochemical companies
- 1966 establishments in India