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RELIANCE INDUSTRIES LTD

INTRODUCTION:

Reliance Industries Limited (RIL) is an Indian


multinational conglomerate headquartered in Mumbai.
Here are some key points about RIL:

Business Diversification: RIL’s diverse business portfolio


includes energy, petrochemicals, natural gas, retail,
entertainment, telecommunications, mass media, and
textiles123.
Fortune 500: It was the first privately owned Indian
company to enter the Fortune 500 list, a prestigious
ranking of the world’s largest corporations4.

Market Leadership: RIL is the largest public company in


India by market capitalization and revenue, and it ranks as
the 100th largest company worldwide13.

Significance: It is India’s largest private taxpayer and


accounts for 7% of India’s total merchandise exports

HISTORY:

Reliance Commercial Corporation was set up in 1958 by


Dushyant Corporation (DC Group of Company) as a
small venture firm trading commodities, especially spices
and polyester yarn.[1] In 1965, the partnership ended and
Dhirubhai continued the polyester business of the firm.
[17] In 1966, Reliance Textiles Industries Pvt. Ltd. Was
incorporated in Maharashtra. It established a synthetic
fabrics mill in the same year at Naroda in Gujarat.[18] On
8 May 1973, it became Reliance Textiles Industries
Limited. In 1975, the company expanded its business into
textiles, with “Vimal” becoming its major brand in later
years. The company held its initial public offering (IPO)
in 1977.[19] The issue was over-subscribed by seven
times.[20] In 1979, a textiles company Sidhpur Mills was
amalgamated with the company.[21] In 1980, the
company expanded its polyester yarn business by setting
up a Polyester Filament Yarn Plant in Patalganga, Raigad,
Maharashtra with financial and technical collaboration
with E. I. du Pont de Nemours & Co., U.S.

BY RELIANCE:
NETWORK 18: It is one of Indias most diversified media
and entertainment conglomerates. It has interests across
television, print, Internet, digital content, filmed
entertainment, e-commerce, mobile content, magazines
and allied businesses.

AJIO: A fashion and lifestyle brand, is Reliance Retail’s


digital commerce initiative and is the ultimate fashion
destination for styles that are handpicked, on trend and at
prices that are the best you’ll find anywhere.

NETMEDS: It is dedicated to providing trustworthy and


informative space for individuals seeking insights into
various pharmaceutical products. We ensure to provide
highest level of accuracy, transparency, and ethical
standards in delivering pharmaceutical information to our
audience.

JIO: It is an Indian telecommunications company and a


subsidiary of Jio Platforms, headquartered in Navi
Mumbai, Maharashtra. It operates a national LTE network
with coverage across all 22 telecom circles.

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