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reliance industries ltd (RELIANCE) Details

Reliance Industries Limited, together with its subsidiaries, is engaged in the exploration, development, and production of crude oil and natural gas in India and internationally. It operates through three segments: Petrochemicals, Refining, and Oil and Gas. The Petrochemicals segment produces and markets petrochemical products, such as high and low density polyethylene, polypropylene, polyvinyl chloride, poly butadiene rubber, polyester yarn, polyester fibre, purified terephthalic acid, paraxylene, ethylene glycol, olefins, aromatics, linear alkyl benzene, butadiene, acrylonitrile, caustic soda, and polyethylene terephthalate. The Refining segment is involved in the production and marketing of petroleum products. The Oil and Gas segment is engaged in the exploration, development, and production of crude oil and natural gas. The company also offers textile products, including suitings, shirtings, jackets, trousers, and readymade garments; and ready-to-stitch and take away fabrics. In addition, it operates retail outlets comprising Reliance retail, food and grocery specialty stores, hypermarkets, and wholesale stores; electronic, digital technology, jewelry, apparel, footwear, toys, and optical specialty stores; furniture, furnishing, and homeware specialty stores; and automotive services and products specialty stores. Further, the company is engaged in the retail of transportation fuels, auto LPG, petroleum, and lubricant products, as well as offers fleet management services and highway hospitality services. The company is also involved in SEZ development and telecom/broadband businesses. The company was formerly known as Reliance Textile Industries Limited and changed its name to Reliance Industries Limited in June 1985. Reliance Industries Limited was incorporated in 1973 and is based in Mumbai, India.

Founded in 1973

reliance industries ltd (RELIANCE) Top Compensated Officers

Chairman, Managing Director and Chairman of F...
Total Annual Compensation: 41.6M
Executive Director and Member of Health, Safe...
Total Annual Compensation: 45.3M
Executive Director and Member of Health, Safe...
Total Annual Compensation: 15.5M
Executive Director, Member of Finance Committ...
Total Annual Compensation: 11.5M
Executive Director, Chairman of Health, Safet...
Total Annual Compensation: 11.5M
Compensation as of Fiscal Year 2014.

reliance industries ltd (RELIANCE) Key Developments

Reliance Industries Mulls Divestiture Of 30% Of Reliance Jio

Reliance Industries Limited (BSE:500325) is open to offloading up to 30% stake in Reliance Jio Infocomm Limited to a global strategic partner but the stake sale will be done only after Reliance Jio Infocomm Limited has acquired a sizeable customer base.

RIL Denies Plans To Sell Reliance Jio Infocomm

The Mukesh Ambani-led Reliance Industries Limited (BSE:500325) (RIL) said that it had no plan to sell any stake in Reliance Jio Infocomm Limited. "This is to clarify that there is no merit in the report carried in today's Business Standard captioned 'Reliance Open to 30% stake sale in Jio', as there is no such proposal under consideration," an RIL spokesperson said in a statement.

Bombay High Court Begins Hearing the Suit Filed by NTPC Against Reliance Industries

The Bombay high court on began hearing the suit filed by NTPC against Reliance Industries for supply for natural gas under a 2004 agreement which the company is disputing. NTPC claims a contract for supply of 12 mmscmd for 17 years. If the contract is not complied with, NTPC says it should be given damages to the tune of over INR 560,000 million.


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