Reliance(RIL)  Company Profile

Reliance(RIL)  Company Profile


  • Posted by  FreshersWorld 
    7 Jan, 2012

     
    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

     

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