Number 1 Conglomerate In The World – Reliance Industries
As of 2023, Reliance Industries is the biggest combination of different businesses globally, with the highest total value of its shares. This company, headquartered in Mumbai, has been the largest in India in terms of its total value since 1960, and in 2022, its value was $228 billion. Reliance Industries works in various industries like making cloth, using natural materials, telecommunications, selling goods, making chemicals from oil, and energy.
Formerly | Reliance Commercial Corporation (1958–1966) |
Reliance Textiles and Engineers (1966–1973) | |
Reliance Industries Limited (1973–present) | |
Company type | Public |
Traded as | BSE: 500325 |
NSE: RELIANCE | |
LSE: RIGD | |
BSE SENSEX Constituent | |
NSE NIFTY 50 Constituent | |
ISIN | INE002A01018 |
Industry | Conglomerate |
Founded | 1958 (66 years ago) |
Founder | Dhirubhai Ambani |
Headquarters | Mumbai, Maharashtra, India |
Area served | Worldwide |
Key people | Mukesh Ambani (Chairman & Managing Director) |
Products | Petroleum |
Natural gas | |
Chemicals | |
Petrochemicals | |
Oil refining | |
Retail | |
Telecommunications | |
Media | |
Entertainment | |
Revenue | Increase ₹974,864 crore (US$120 billion) (2023) |
Operating income | Increase ₹94,801 crore (US$12 billion) (2023) |
Net income | Increase ₹73,670 crore (US$9.2 billion) (2023) |
Total assets | Increase ₹1,713,506 crore (US$210 billion) (2023) |
Total equity | Increase ₹821,153 crore (US$100 billion) (2023) |
Owner | Mukesh Ambani (50.39%) |
Number of employees | 389,414 (2023) |
Subsidiaries | Jio Platforms |
Reliance Retail | |
Jio-bp | |
Network18 Group | |
DEN Networks | |
Hathway | |
Alok Industries | |
Reliance Foundation | |
Indiawin Sports | |
Relicord | |
Reliance Institute of Life Sciences | |
Reliance Industrial Infrastructure | |
Renewable Energy Corporation |
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