Reliance Industries Limited (RIL) (BSE: 500325, NSE: RELIANCE, LSE: RIGD) is the largest private sector conglomerate

company headquartered at Mumbai, India. The company is largest by annual turnover of $58.5 billion and market capitalization of $76.9 billion for the fiscal year ending in March 2011 making it one of the largest India's private sector companies, being ranked at 264th position in the Fortune Global 500 (2009[2]) and at the 126th position in the Forbes Global 2000 list (2010).[3] Reliance was founded by the Indian industrialist Dhirubhai Ambani in 1966. Ambani has been a pioneer in introducing financial instruments like fully convertible debentures to the Indian stock markets. Ambani was one of the first entrepreneurs to draw retail investors to the stock markets. Critics allege that the rise of Reliance Industries to the top slot in terms of market capitalization is largely due to Dhirubhai's ability to manipulate the levers of a controlled economy to his advantage. Though the company's petrochemicals, refining, and oil and gas-related operations form the core of its business, however, other segment of the company includes textile, retail business, telecommunications and special economic zone (SEZ) development. After severe differences between the founder's two sons, Mukesh Ambani and Anil Ambani, the group was divided between them in 2006. In September 2008, Reliance Industries was the only Indian firm featured in the Forbes's list of "world's 100 most respected companies".[4] In 2010, it stood at 13th position in the Platts Top 250 Global Energy Company Rankings.[5]

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1 Stock 2 Products 3 Businesses o 3.1 Major subsidiaries and associates o 3.2 Reliance retail 4 Environmental record 5 KG-D6 Gas Controversy 6 Awards and recognition o 6.1 Awards for managers 7 See also 8 External links 9 References

[edit] Stock
According to the company website "1 out of every 4 investors in India is a Reliance shareholder.". Reliance has more than 3 million shareholders, making it one of the world's most

widely held stocks. Reliance Industries Ltd, subsequent to its split in January 2006 has continued to grow. Reliance companies have been among the best performing in the Indian stock market. The alleged irregularities by RIL in the KG-D6 gas controversy, along with the observations in the CAG Draft Report severely impacted RIL's shares. Until 23rd of June 2011, the stock had fallen 10.5% since the report was leaked in the week beginning 13th of June 2011 - it fell in seven out of eight trading sessions, making RIL the worst performer among Sensex stocks, Bloomberg data showed.[6] On the 1st of July, 2011, Reliance Industries Ltd. fell 4% after the Press Trust of India reported that a federal probe agency (CBI) had registered a case against V.K. Sibal, a former Director General of Hydrocarbons, for allegedly favoring "leading private players and foreign consultants involved in oil and gas explorations." Although the agency didn't name any privatesector companies, dealers said that Reliance dropped sharply because of concerns that the company could be one of those allegedly involved. [7] On the 17th of August 2011, Reliance Industries Ltd. lost its status as India's most valuable firm. RIL , for long the favourite of Indian investors, was knocked off its four-year perch as the country's most valuable company, as fears over slowing gas production dragged its stock down almost 30% in 2011 and led to the first full day of trade with state owned Coal India on top. [8]

[edit] Products
Reliance Industries Limited has a wide range of products from petroleum products, petrochemicals, to garments (under the brand name of Vimal), Reliance Retail has entered into the fresh foods market as Reliance Fresh and launched a non-veg chain called Delight Reliance Retail and NOVA Chemicals have signed a letter of intent to make energy-efficient structures.

[edit] Businesses
[edit] Major subsidiaries and associates

Reliance Life Sciences is a research-driven, biotechnology-led, life sciences organization that participates in medical, plant and industrial biotechnology opportunities. Specifically, these relate to Biopharmaceuticals, Pharmaceuticals, Clinical Research Services, Regenerative Medicine, Molecular Medicine, Novel Therapeutics, Biofuels, Plant Biotechnology and Industrial Biotechnology.[9] Reliance Industrial Infrastructure Limited (RIIL) is engaged in the business of setting up / operating Industrial Infrastructure that also involves leasing and providing services connected with computer software and data processing.[10] Reliance Institute of Life Sciences (Rils), established by Dhirubhai Ambani Foundation, is an institution of higher education in various fields of life sciences and related technologies.[11]

Reliance Logistics (P) Limited is a single window solutions provider for transportation, distribution, warehousing, logistics, and supply chain needs, supported by in house state of art telematics and telemetry solutions.[12] Reliance Clinical Research Services (RCRS), a contract research organization (CRO) and wholly owned subsidiary of Reliance Life Sciences, has been set up to provide clinical research services to pharmaceutical, biotechnology and medical device companies.[13] Reliance Solar, The solar energy initiative of Reliance aims to bring solar energy systems and solutions primarily to remote and rural areas and bring about a transformation in the quality of life.[14] Relicord is the first and one of the most dependable stem-cell banking services of South East Asia offered by Mukesh Ambani controlled by Reliance Industries.[15] Infotel Broadband is a broadband service provider, it is wholly owned by RIL for 4,800 crore (US$1.07 billion).[16]

[edit] Reliance retail

Reliance Retail is the retail business wing of the Reliance business. Many brands like Reliance Fresh, Reliance Footprint, Reliance Time Out, Reliance Digital, Reliance Wellness, Reliance Trendz, Reliance Autozone, Reliance Super, Reliance Mart, Reliance iStore, Reliance Home Kitchens, and Reliance Jewel come under the Reliance Retail brand