What is the full form of Reliance Industries Limited?
What is the full form of Reliance Industries Limited?
Not to be confused with Reliance Group. Reliance Industries Limited ( RIL) is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications.
When did reliance become a private sector company in India?
In 1993, Reliance turned to the overseas capital markets for funds through a global depository issue of Reliance Petroleum. In 1996, it became the first private sector company in India to be rated by international credit rating agencies. S&P rated Reliance “BB+, stable outlook, constrained by the sovereign ceiling”.
How many retail stores does reliance have in India?
Reliance Retail is the retail business wing of the Reliance Industries. In March 2013, it had 1466 stores in India. It is the largest retailer in India. Many brands like Reliance Fresh, Reliance Footprint, Reliance Time Out, Reliance Digital, Reliance Wellness, Reliance Trends, Reliance Autozone,…
When did Reliance Industries enter the telecom industry?
In 1995/96, the company entered the telecom industry through a joint venture with NYNEX, USA and promoted Reliance Telecom Private Limited in India. In 1998/99, RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas.
What is the history of Reliance Retail?
About Us. Since its inception in 2006, Reliance Retail has grown to become India’s largest retailer delivering superior value to its customers, suppliers and shareholders. Our nationwide network of retail outlets delivers a world-class shopping environment and unmatched customer experience powered by our state-of-the-art technology…
Why choose ‘Reliance Power parts?
‘Reliance Power Parts has been a great go to company for engine kits & parts. I’ve been dealing with this company for many years. I usually deal with CJ, great customer service.
Does Reliance Industries issue bonus shares to its shareholders?
In November 2009, Reliance Industries issued 1:1 bonus shares to its shareholders. In 2010, Reliance entered the broadband services market with acquisition of Infotel Broadband Services Limited, which was the only successful bidder for pan-India fourth-generation (4G) spectrum auction held by the government of India.
