| Type | Private |
|---|---|
| Industry | Conglomerate |
| Predecessor | Reliance Commercial Corporation |
| Founded | 1966 |
| Founder(s) | Dhirubhai Ambani |
| Headquarters | Dhirubhai Ambani Knowledge Center, Navi Mumbai, Maharastra, India |
| Key people | Anil Ambani (Chairman) |
| Products | Communications, infrastructure, financial services, entertainment, power, natural resource, petrochemical, healthcare, bpo |
| Revenue | US$15.4 billion (2009) |
| Total assets | US$29 billion (2009) |
| Employees | 120,000 (2009) |
| Subsidiaries | Reliance Power, Reliance Communications, Reliance Infrastructure, Reliance Capital, Reliance Big Entertainment, Reliance Health, Reliance Natural Resources, Reliance Venture, Reliance MediaWorks Ltd |
| Website | www.relianceadagroup.com |
Reliance Anil Dhirubhai Ambani Group (usually referred as Reliance Group) is one of India's largest conglomerates, headquartered in Navi Mumbai, India. The company, which was formed after Dhirubhai Ambani's business empire was divided up, is headed by his younger son Anil Ambani[1]. It has a market capitalization of US$ 15 billion, net assets US$ 7 billion.[2] The ADAG Reliance Group has a business presence that extends to over 20,000 towns and 4.5 lakhs (450,000) villages in India, and across the globe. The shareholder base is over 12 million, among the largest in the world. The group is present in many sectors including Telecom, Capital, Power, Infrastructure, Entertainment and Health.
Reliance group was founded by Dhirubhai Ambani in 1966 as a polyester firm. Dhirubhai started the equity cult in India. Reliance later entered into financial services, petroleum refining, power sector. By 2002 Reliance had grown into a $15 billion conglomerate. After the death of Dhirubhai Ambani on July 6, 2002, Reliance was headed by his sons. The group was formed after the two feuding brothers Mukesh Ambani and Anil Ambani, split Reliance Industries.[3][4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, Reliance Capital and RNRL. This led to a new beginning called RELIANCE. Later this group entered the power sector through Reliance Power, and the entertainment sector by acquiring Adlabs.
| Reliance Anil Dhirubhai Ambani Group | |
|---|---|
Anil Ambani (born 4 June, 1959) is an Indian business baron and chairman of Reliance Group. Anil's elder brother, Mukesh Ambani, is also worth more than 29 billion dollars, and owns another company called Reliance Industries. As of 2010, he is the fourth richest Indian with a personal wealth of $13.7 billion, behind Mukesh Ambani, Lakshmi Mittal and Azim Premji.[3] He is a member of the Board of Overseers at the Wharton School of the University of Pennsylvania. He is also the member of the Board of Governors of the Indian Institute of Technology Kanpur; Indian Institute of Management, Ahmedabad. He is a member of the Central Advisory Committee, Central Electricity Regulatory Commission. He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar. He was also the Member Of Parliament in Rajya Sabha.
Reliance Communication (R Com) is the second largest Telecom company in India in terms of customers. The Company has a customer base of 125 million including over 2.5 million individual overseas retail customers. It ranks among the Top 5 Telecom companies in the world by number of customers in a single country. Reliance Communications corporate clientele includes 2,100 Indian and multinational corporations, and over 800 global, regional and domestic carriers. A pan-India network, covering over 24,000 towns and 600,000 villages has been established by Reliance Communications. Reliance Communications owns and operates the next generation IP enabled connectivity infrastructure comprising over 190,000 kilometers of fiber optic cable systems in India, USA, Europe, Middle East and the Asia Pacific region.
Reliance Globalcom serves over 2,100 enterprises, 200 carriers and 2.5 million retail customers in 163 countries across 6 continents.[2]
Reliance Communication has acquired 3G license in 13 circles out of total 22 circles. Reliance has launched 3G services in 9 circles by 26 January 2011.
Reliance Capital (Rel Cap) has interests in asset management and mutual funds, life and general insurance, private equity and proprietary investments, stock broking, depository services, distribution of financial products, consumer finance and other activities in financial services.
Reliance Mutual Fund is India's largest mutual fund. Reliance General Insurance is a general insurance company and among the top 3 private sector insurers. Reliance Money is brokerage and distributor of financial products in India with over 2.7 million customers and has the largest distribution network. Its brokerage, arm Reliance Securities is planning to invest Rs 300 crore (Rs 3 billion) for upgrading infrastructure, hiring staff and enhancing the capability of its online trading platform.[5].
In March, 2011 Nippon Life Insurance, Japan's biggest life assurer by assets, agreed to buy a 26 per cent stake in Reliance Life Insurance for Rs3,062 cr.
Reliance Power (R Power) currently has a generation capacity of 1500MW. The company is in the process of achieving 5000MW by 2012, 17000MW by 2015 and 35000MW by 2020. The company is present in all verticals from generation to transmission to distribution. The company is having pan India projects and is currently having a big presence in Mumbai and Uttar Pradesh. The United Nations registered Reliance Power’s Sasan power project on Feb 2, 2011 to earn as many as 22.5 million credits in the next 10 years.
Reliance Infrastructure (R Infra) has emerged as the largest concessionaire of NHAI with 11 road projects totaling 1,000 km worth about Rs 120bn (US$ 2.6 billion) with more than 10,000 people working at various sites. Constructing Metro systems in Delhi and Mumbai totaling more than 75km of track. Reliance Infrastructure is also bidding for projects in Nepal and Maldives.
Movies and Television
Broadcasting
BIG - CBS channels
Gaming
Internet
Others
Big Cinema is India’s largest cinema chain with over 516 screens spread across India, US, Malaysia and Netherlands and caters to over 35 million consumers. BIG Cinemas has established leadership in film exhibition in India with 253 screens and accounts for 10 to 15% of box office contributions of large movies.[6] BIG FM 92.7 is a leading network of FM Radio stations with FM stations in more than 50 Indian cities.
Reliance Health is providing integrated health services through one of the finest hospitals in Asia – The Kokilaben Dhirubhai Ambani Hospital at Andheri, Mumbai. It also plans to venture into diversified fields like Insurance Administration, Health care Delivery and Integrated Health, Health Informatics and Information Management and Consumer Health.
MAJOR Acquisitions
MINOR Stakes
Failed deals
The RELIANCE logo was launched in 2006 by group brand ambassador Amitabh Bachan. The Reliance Apex conveys the urge for progress. Blue represents stability and Red represents dynamism. Other brand ambassadors of companies are Hritik Roshan, Anushka Sharma for Reliance Communication, Abhishek Bachchan and Sonu Nigam for Big 92.7 FM. Earlier Virender Sehwag use to be the brand ambassador of Reliance Communication then known as Reliance Infocom. Reliance Mobile is also the main sponsor of ICC Cricket World Cup and ICC World Twenty20 Cricket tournaments.
Group company Reliance Globalcom is the world's largest sealink cables company with more than 1,50,000 km of sea cables. Reliance Mutual Fund is India's largest mutual fund company with assets of more than 1.1 trillion rupees. Reliance Mediaworld operates the world's largest dome theater, IMAX, in Mumbai. Reliance power has placed World's largest order worth $8.29 billion to Shanghai Electric Group to supply power equipment based on supercritical technology.
Reliance Infrastructure is the first private company in India to construct a rail project (Delhi Airport Metro Express) on PPP basis, the project became operational on February, 2011. Reliance power has become the first Indian company to earn Carbon credits, United Nations registered Reliance Power’s Sasan power project to earn as many as 22.5 million credits in the next 10 years, the UN Clean Development Mechanism, the world’s second- biggest greenhouse gas market issues tradable credits to emission-busting projects in developing countries.
Reliance Infrastructure’s Dahanu Thermal Power Station (DTPS). The 500 MW project, around 100km north of Mumbai, has emerged the only power plant in the world to win a certification -— ISO 50001:2011 — for energy management systems and endeavours in the field of energy use and environment conservation.
Reliance Communication was the first company in India to issue bills in braille for visually impaired customers.
Group company BIG Cinemas is India’s largest cinema chain with over 516 screens spread across India, US, Malaysia and Netherlands and caters to over 35 million viewers. BIG Cinema has a pan USA footprint with over 205 screens present across 24 cities, In Malaysia with 72 screens that play Hollywood features besides Chinese and Tamil films that cater to the 1.5 million Tamil populations. In 2009, BIG Cinemas established a presence in Netherlands by associating with Pathe Theatres across 3 cities to begin screening Indian movies. It also set up Nepal’s first Multiplex in Kathmandu.
BIG FM 92.7 is operating radio station in Singapore and Bhutan. Reliance Power is having coal mines in Indonesia. Reliance has also made major acquisitions in UK and USA.
Reliance is the main sponsor of Cricket Tournaments. Reliance sponserd the cricket world cup Reliance World Cup in 1987 and 1996.
Reliance Mobile is the main sponsor of ICC Cricket World Cup and ICC World Twenty20 Cricket tournaments.
Reliance sponsored the ICC 2011 Cricket World Cup held in India, Sri Lanka and Bangladesh. Reliance Capital, has tied up with the International Cricket Council and a global non-profit organisation, room to read, to promote literacy and gender equality in education by contributing Rs.25,000 for every six hit during the World Cup. The initiative is named Boundaries For Books.
Reliance Mobile also sponsored the ICC Cricket World Cup 2007 held in West Indies and ICC World Twenty20 in 2007, 2008 and 2010.
Reliance Group was in race in 2010 to sponsor the Indian national cricket team but lost to Sahara India Pariwar. Reliance Group also bid for Indian Premier League for Mumbai Team but missed by a small amount.
The Reliance ICC Player Rankings are the official guide to the relative merits of batsmen, bowlers and all-rounders in Test match and ODI cricket.
The Reliance Mobile ICC ODI Women’s Rankings provide an opportunity to showcase the leading stars in the women’s international game.
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With an aim to provide focused studies and research in Information and Communication Technology (ICT), the Reliance Group announced the setting up of the Dhirubhai Ambani University (DAU). The DAU will be soon set up in 110 acres of land and the Reliance Group has earmarked Rs.100 crore for developing higher education in Madhya Pradesh, a company release said. The Government of Madhya Pradesh has issued a letter of intent and also provided land for the proposed varsity. The University will provide focused studies and research in ICT and also focus on niche programmes relevant to the economic development of the state. The DAU will offer both undergraduate and postgraduate programmes with emphasis on research activities in ICT and allied areas.
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