RELIANCE COMMUMICATION LIMITED:
1. Flagship company of ADA group, began its operations in 1999.
2. India's largest service provider with customer base of about 50 million subscribers.
1. India' leading and fastest growing private sector financial service provider.
2. deals in mutual funds, private equity, general insurance, proprietary investment and stock broking.
1. INDIA'S largest player in power utility.
2. involved in generation, transmission, distribution and trading of electricity and constructing power plants as EPC partners. In the infrastructure space the company is focused on roads, Urban infrastructure which includes MRTS, Sealink and Airports, Specialty Real Estate which includes business districts, trade towers, convention centre and SEZ which includes IT & ITES SEZ and non IT SEZ as well as free trade zones.
1. established to develop, construct and operate power projects domestically and internationally.
2. developing 13 medium and large sized power projects with a combined planned installed capacity of 28,200 MW, one of the largest portfolios of power generation assets under development in India.
RELIANCE BIG ENTERTAINMENT:::
1. Reliance Big Entertainment is geared to create a significant presence in businesses across various vectors of content, internet, broadcast and retail services and platforms for distribution. The company strives to create converged services and platforms for masses to access innovative, cutting-edge content. Key content initiatives include production and strategic collaboration in areas such as gaming, movies, animation, music, broadcast, DTH and user-generated content, amongst others.
Across different companies, the group has a customer base of over 100 million, the largest in India, and a shareholder base of over 12 million, among the largest in the world.
Through its products and services, the Reliance - ADA Group touches the life of 1 in 10 Indians every single day. It has a business presence that extends to over 20000 towns and 4.5 lakhs villages in India, and 5 continents across the world.
The interests of the Group range from communications (Reliance Communications) and financial services (Reliance Capital Ltd), to generation, transmission and distribution of power (Reliance Energy), infrastructure and entertainment.
Gujarat in circumstances that can best be described as modest. Driven by hardship and want, he
had to drop out of school early.
In 1949, at the age of 17, he went to Aden (now Yemen) in search of opportunity, and worked as
a dispatch clerk for A. Besse & Co. A couple of years later, the company became a distributor for
Shell products and Dhirubhai was promoted to manage the companys oil-filling station at the port
of Aden. It was here that he dreamed of setting up and owning a refinery, which he later realised
with his petrochemicals venture.
He returned to India in 1958 to launch his first business venture, a spice trading company named
Reliance Commercial Corporation.
In 1962, Dhirubhai identified an emerging opportunity in yarn trading and shifted to the new
business. Three years later, he changed the name of his company to Reliance Textile Industries
In 1966, he purchased land in Naroda, Gujarat, to set up a textile mill. In 1975, a technical team
from the World Bank recognised the Naroda mill as one of the best composite textile mills in India
and certified it as excellent even by developed country standards.
In 1977, the company went public.
At the time of the Reliance Textiles IPO, participation in the Indian capital markets was largely
limited to a small but influential elite which dabbled in a handful of stocks. The great majority of
Indias middle class chose to stay away. Dhirubhais decision to prefer the capital markets over
banks as the primary source of funding for his ambitious expansion plans, was as daring as it was
In the event, The Reliance IPO was an unlikely success. Against all odds, Dhirubhai managed to
convince a sufficiently large number of sceptical middle class investors to put their money, and
faith, in what was then a small, relatively unknown company.
The subsequent growth and success of Reliance and its philosophy of generously rewarding
shareholders rapidly gave Dhirubhai an iconic status in the Indian financial markets.
Under Dhirubhais charismatic leadership, the Annual General Meetings (AGM) of Reliance took
on the character of large public spectacles. Typically held in large public arenas, and attended by
thousands of adoring shareholders, the Reliance AGM became a day to remember in the annual
corporate calendar of India. In 1986, the Reliance AGM held in Cross Maidan, Mumbai, was
attended by as many as 30,000 stockholdersa record in Indias corporate history.
By the mid-80s, Dhirubhai had become something of a living legend, widely hailed by peers and
critics alike as one of the greatest corporate visionaries in the history of post-Independent India.
But Dhirubhai was never one to rest on his laurels. In the early 80s, he had taken the first
important step in strategic backward integration for Reliance with the commissioning of the
Patalganga plant which initially manufactured polyester filament yarn and polyester staple fibre.
In 1991, he set up Reliance Hazira, for the manufacture of petrochemicalsthe next link in the
backward integration chain. At the time, Reliance Hazira represented the single largest
investment made by a private sector group in India at a single location.
Meanwhile, Dhirubhai had firmed up plans of setting up a massive grassroots refinerythe next
big leap in his overall strategic roadmap for Reliance. Conceived as the worlds largest grassroots
refinery at the time, Jamnagar in Gujarat was to have an annual capacity of 27 million tonnes.
In the face of formidable challenges, including a massive cyclone that flattened the project site
mid-way through construction, Reliance commissioned the Jamnagar facility in 1999. It was a
fully integrated refinery, complete with a dedicated port and a captive supply of power.
The refinery was not only commissioned ahead of schedule, but also set up at a cost that was
significantly lower than the prevailing global benchmark for a project of such magnitude.
It was one of Dhirubhais great dreams in life to see ordinary Indians enjoy the enormous
economic benefits of being able to access affordable yet world class telecommunications
infrastructure. He wanted Reliance to spearhead a communications revolution that would
dramatically cut down the cost of connectivity, and propel India into the digital age. His ultimate
ambition: To make the cost of a phone call cheaper than that of a post card. It was therefore
entirely logical for Reliance to enter the telecommunications space when the sector was opened
up for private participation in the 1990s.
The rest, as they say, is history.
Today, Reliance Communications is Indias largest information and communications services
provider with over 20 million subscribers, and offers the full range of integrated telecom
servicesat prices that are, by far, the lowest anywhere in the world.
Dhirubhai left for his heavenly abode on July 6, 2002.
Hello puys, this thread is to discuss profiles of various top corporations in the world, so that slow and steadily to get to know many of important corporations.
I am starting thread from a legendary corporation of Inida which contribute 3.5% in Inida's GDP.