Preview

Reliance Industry

Powerful Essays
Open Document
Open Document
1512 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Reliance Industry
RELIANCE INDUSTRIES
Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain. The company currently operates in five major segments: exploration and production, refining and marketing, petrochemicals, retail and telecommunications.
RIL is one of the largest publicly traded companies in India by market capitalisation and is the second largest company in India by revenue after Indian Oil Corporation. It is also India's second largest private sector company by revenue and profit. Reliance enjoys global leadership in its businesses, being 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.
Major Group Companies are Reliance Industries Limited, including its subsidiaries and Reliance Industrial Infrastructure Limited.
The company is ranked 99th on Fortune Global 500 list of the world's biggest corporations for the year 2012.

Currency in
Millions of Indian Rupees | As of: | Mar 31
2010
| Mar 31
2011 | Mar 31
2012 | Mar 31
2013 | Revenues | 2,037,397.2 | 2,658,110.0 | 3,585,010.0 | 3,970,620.0 | TOTAL REVENUES | 2,037,397.2 | 2,658,110.0 | 3,585,010.0 | 3,970,620.0 | Cost Of Goods Sold | 1,633,754.3 | 2,148,780.0 | 3,099,740.0 | 3,473,360.0 | GROSS PROFIT | 403,642.9 | 509,330.0 | 485,270.0 | 497,260.0 | Selling General & Admin Expenses, Total | 91,200.7 | 110,240.0 | 121,690.0 | 150,260.0 | Depreciation & Amortization, Total | 109,458.0 | 141,210.0 | 124,010.0 | 112,320.0 | Other Operating

You May Also Find These Documents Helpful

  • Good Essays

    Reliance

    • 339 Words
    • 2 Pages

    4) How do you respond to the conception of race which Hurston ends her essay?…

    • 339 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Asia - 1

    • 549 Words
    • 3 Pages

    On one hand, Reliance started out with Dhirubai Ambani by borrowing money from the Indian government, shifting towards textiles made out of synthetic plastic fibers and receiving benefits from government incentives and political connections at its origin and middle life cycle. Reliance responded perfectly to the world leading industries at the time and acted as a pioneer in introducing them in the Indian market. As the world’s leading industry shifted from a high demand for plastics and textiles derived from plastics to petrochemicals and fuel production, the Reliance group did likewise by building petrochemical plants in India and tried to make the maximum profit out of what India had to offer to the world and itself at the time and had not been developed to its maximum potential yet.…

    • 549 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Reliance Communications Ltd, has agreed to sell 5 per cent of the equity share capital of its fully-owned tower business for Rs1,400 crore. Reliance Telecom Infrastructure Ltd (RTIL) to a group of leading institutional investors across the US, Europe and Asia. The transaction will result in substantial unlocking of the company''s value with a cash inflow of Rs1,400 crore ($337.5 million), the benefits of which will go to the company and its over 2 million shareholders, the company said in a filing with the Bombay Stock Exchange (BSE).The capital gains arising out the sale of the 5 per cent stake in RTIL will be amount Rs1,200 crore ($280 million).The sale values RTIL at Rs27,000 crore ($6.75 billion) or approximately Rs135 per company''s equity share, which…

    • 1230 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Assignment Of Mkt

    • 1428 Words
    • 5 Pages

    RFL Stands for Rangpur Foundry Limited (it is a water pump and plastic pipe industry). From the time being it has now 17 associated companies and they are beverage property, agro based, tube wells, plastic pipes etc. these associated industries are in- Natore, Rangpur, Ghorashal and Dhaka.…

    • 1428 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Global in vision, rooted in Indian values, the Group is determined by a performance idea attached on value creation for its multiple stake holders. The Group operates in 26 countries - India, UK, Germany, Hungary, Brazil, Italy, France, Luxembourg, Switzerland, Australia, USA, Canada, Egypt, China, Thailand, Laos, Indonesia, Philippines, UAE, Singapore, Myanmar, Bangladesh, Vietnam, Malaysia, Bahrain and Korea. A US$29 billion Corporation in the League of Fortune 500, the Aditya Birla Group is attached by an extraordinary work force of 130,000 employees, belonging to 40 different nationalities. Over 60 per cent of its revenues flow from its operations across the…

    • 1261 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Reliance Jio Case Study

    • 1396 Words
    • 6 Pages

    Reliance is one of the most popular company in india. Reliance had introduced a 4G service named as Jio recently, and has shocked the telecom world by providing the services free for few days. Reliance jio’s official name is ‘Reliance Jio Infocomm Limited (RJIL) is a provider of mobile, telephony, broadband services and digital services in India. Formally known as ‘Infotel Broadband services limited…

    • 1396 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Rahimafrooz Globatt Limited, after one year of establishment has become one of the main focuses of Rahimafrooz group. Still not sufficiently developed to become a true global company but enough potential and performance it has shown last one year. As a lead acid battery manufacturer company from Bangladesh, RGL has many constraints in its journey. One of the major constraints is the manufacturer country – clearly international buyers do not see Bangaldesh as a manufacturer of automotive batteries. But when they visit RGL office and factory it makes them amazed. Still, long way ahead of RGL but first year showed its bright future. All of strengths and weaknesses of the company indicates that RGL is right on the track of becoming a global venture. Each and every departments of RGL is showing the kind of competency and skill which is needed for a company to become successful. The objectives have set depending on the current situation of the company as well as the comparison with market leaders. RGL’s product and price has developed and established on the benchmarking with the big players. Marketing, Finance, HR, Production and other departments have their own objectives as well as a combined objective directly related to the growth of the company. Recruitments and benefits of the employees are kept separate from the group HR which indicates the intention of recruiting competent people in RGL. To reveal international market, marketing department is continuously participating in large international trade fairs and regular market visits of key account managers. RGL’s product has been designed in consultant with a reputed German company and this has been proved that RGL products are better quality…

    • 4381 Words
    • 18 Pages
    Good Essays
  • Powerful Essays

    Reliance started its first branded jewelry retail outlet in Bangalore in Nov 2007. Reliance Jewels – the Jewellery format of Reliance Retail is currently focusing on competitive pricing to make a presence in the segment. The company, which claims to have a lower price tag compared to its competitors, plans to double its store count to 56 by the end of the year 2012.Having entered organized jewellery retailing in 2007, Reliance Jewels has 28 stores across the country including Kolkata, Mumbai, Delhi, Hyderabad, Pune, Ludhiana, Jamsedhpur and Cuttack.…

    • 1699 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Mis Indian Railways

    • 5318 Words
    • 22 Pages

    Indian Railways has a total state monopoly on India's rail transport. It is one of the largest and busiest rail networks in the world, transporting seventeen million passengers and more than two million tons of freight daily. IR is the world's largest commercial or utility employer, with more than 1.6 million employees.…

    • 5318 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    relaince swot nanlysis

    • 28589 Words
    • 121 Pages

    Reliance is the second-largest mobile operator in India, one of the fastest-growing mobile markets. Though there is still much growth potential in India, Reliance also wants to become a global player, using its expertise in making money from lower-spending customers to give it advantage.…

    • 28589 Words
    • 121 Pages
    Powerful Essays
  • Good Essays

    Essay

    • 707 Words
    • 3 Pages

    Born into the family of a village school teacher in a small village called Chowrad in Gujarat, India, Dhirubai Ambani is an apt example for the rags to riches story. This dynamic entrepreneur founded Reliance Industries in the year 1958 and Reliance Industries is the first Indian company to be featured in the Forbes 500 list and was also featured among the list of Top 50 businessmen in Asia by Sunday Times.…

    • 707 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Jamnagar

    • 2284 Words
    • 10 Pages

    According to an article in the April 28, 2008 issue of FORTUNE Magazine, the world-class Reliance Industries oil refinery at Jamnagar will output 1.2 million gallons of gasoline, or 5% of the world's capacity, after an expansion is completed in December 2008. The expansion was begun in October 2005 and is managed by San Francisco-based Bechtel Corporation. The expanded refinery consumes an area equal to 1/3 the size of Manhattan.…

    • 2284 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    Britannia Awards

    • 603 Words
    • 3 Pages

    | * Rated as 'One amongst the Top 200 Small Companies of the World' by Forbes Global * Economic Times ranks BIL India's 2nd Most Trusted Brand * Pure Magic -Winner of the Worldstar, Asiastar and Indiastar award for packaging *…

    • 603 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    my future hands

    • 930 Words
    • 3 Pages

    Dhirubhai ambani returned from Yemen to India and started "Majin" in partnership with Champaklal Damani, his second cousin,[5] who lived with him in Aden, Yemen. Majin was to import polyester yarn and export spices to Yemen.[6] The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder. It was a 350 sq ft (33 m2) room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business. During this period, Ambani and his family stayed in a two-bedroom apartment at the Jai Hind Estate in Bhuleshwar, Mumbai.[7] In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership and Ambani started on his own. It is believed that both had different temperaments and a different take on how to conduct business.[citation needed] While Damani was a cautious trader and did not believe in building yarn inventories,…

    • 930 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Aditya Birla Case Study

    • 420 Words
    • 2 Pages

    The roots of Aditya Birla Group can be traced back to the 19th century, when Seth Shivnarain Birla began trading in cotton in the picturesque town of Pilani in the Rajasthan Desert. Through India’s arduous 1850s, the Birla business expanded rapidly. Aditya Vikram Birla, the Group’s legendary leader, soaked up the principles by which G. D. Birla lived. The Group grew and consolidated its portfolio through a spate of acquisitions and Greenfield projects. Today, the Group is a dominant player in all of the sectors in which it operates a total revenue of approximately US$40 billion in year 2012…

    • 420 Words
    • 2 Pages
    Good Essays

Related Topics