This article's factual accuracy may be compromised due to out-of-date information. The reason given is: The Group has been widely reported to be facing insolvency proceedings with almost all entities within the Group filing for bankruptcy and going under the hammer as of September 2022. The article does not seem to reflect a majority of the updates in the last 5 years, and will some research in order to be updated to reflect the current status of the Reliance Anil Dhirubhai Ambani Group.. Please help update this article to reflect recent events or newly available information.(September 2022)
Reliance Group is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani.[1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance Health. The group provides financial services, construction, entertainment, power, health care, manufacturing, defence, aviation, and transportation services.[2]
Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester firm. It was renamed to Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, and power sector. By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005.[3][4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, and Reliance Capital. Reliance Group entered the power sector through Reliance Power, and the entertainment sector by acquiring Adlabs. In October 2010, Reliance power placed the world's largest order worth $8.29 billion to Shanghai Electric Group to supply power equipment based on Supercritical steam generator technology.[5] On 28 October 2017, the group launched construction of a defense production unit in Mihan-SEZ region.[6] The unit will be part of a joint venture between Reliance Group, led by Anil Ambani, and its JV partner French major Dassault Aviation. The production at Mihan-SEZ will begin with components for the Rafale warplanes and Falcon business jet produced by Dassault. It is expected to fully assemble both the aircraft in the Nagpur unit in the coming years.[7]
^"Reliance Group – Reliance Anil dmsumra 7Dhirubhai Ambani Group India – Reliance Group Profile". Iloveindia.com. 21 July 2007. from the original on 2 October 2020. Retrieved 14 August 2010.
^"Here's a look at all the companies that Anil Ambani owns". Business Insider. from the original on 2 October 2020. Retrieved 28 October 2019.
^"Mukesh to double enterprise value to US$160 bn: Rediff.com Business". Business.rediff.com. 18 June 2010. from the original on 20 July 2011. Retrieved 14 August 2010.
^. IndiaDaily. Archived from the original on 9 October 2008. Retrieved 14 August 2010.
^"Reliance Power, Shanghai Electric ink $8.3 bln deal". in.reuters.com. Reuters. 28 October 2010. from the original on 17 August 2016. Retrieved 28 July 2016.
^"Reliance-Dassault JV to start output in Q1 of 2018". timesofindia.indiatimes.com. 28 October 2018. from the original on 21 December 2017. Retrieved 29 October 2017.
^John, Derick. "RELIANCE Institutional Ownership - RELIANCE INDUSTRIES LTD". fintel.io. from the original on 30 November 2022. Retrieved 26 April 2020.
^"Reliance Group Takes over BSES – Reliance Anil dmsumra 7Dhirubhai Ambani Group India – Reliance Group Profile". The Economic Times. 10 June 2003. from the original on 9 October 2019. Retrieved 9 October 2019.
reliance, group, this, article, factual, accuracy, compromised, date, information, reason, given, group, been, widely, reported, facing, insolvency, proceedings, with, almost, entities, within, group, filing, bankruptcy, going, under, hammer, september, 2022, . This article s factual accuracy may be compromised due to out of date information The reason given is The Group has been widely reported to be facing insolvency proceedings with almost all entities within the Group filing for bankruptcy and going under the hammer as of September 2022 The article does not seem to reflect a majority of the updates in the last 5 years and will some research in order to be updated to reflect the current status of the Reliance Anil Dhirubhai Ambani Group Please help update this article to reflect recent events or newly available information September 2022 Not to be confused with Reliance Industries Limited Reliance Group is an Indian conglomerate headquartered in Mumbai India The company which was formed after Dhirubhai Ambani s business was divided up is headed by his younger son Anil Ambani 1 Reliance Group has five listed companies Reliance Power Reliance Infrastructure Reliance Home Finance and Reliance Health The group provides financial services construction entertainment power health care manufacturing defence aviation and transportation services 2 Reliance GroupCompany typePrivateIndustryConglomeratePredecessorCarved out from Reliance IndustriesFounded10 July 2006 17 years ago 10 July 2006 FounderAnil AmbaniHeadquartersReliance Centre Santacruz East Mumbai IndiaKey peopleAnil Ambani Owner and Chairman Managing Director amp Chief Executive Officer Tina Munim Ambani Co Owner and Non Executive Director ProductsFinancial services construction entertainment power health care aviation defenseOwnerAnil Ambani 55 54 SubsidiariesReliance Entertainment Reliance Infrastructure Reliance Power Reliance Health Reliance MediaWorksWebsitewww wbr reliancegroupindia wbr com Contents 1 History 2 Major acquisitions 3 See also 4 References 5 External linksHistory editMain article Dhirubhai Ambani nbsp Founder and Chairman Anil Ambani nbsp Chairperson Tina AmbaniReliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester firm It was renamed to Reliance Industries on 8 May 1973 Reliance later entered into financial services petroleum refining and power sector By 2002 Reliance had grown into a U 15 billion conglomerate After the death of Dhirubhai Ambani on 6 July 2002 Reliance was headed by his two sons The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani split Reliance Industries in December 2005 3 4 Anil Ambani got the responsibility of Reliance Infocomm Reliance Energy and Reliance Capital Reliance Group entered the power sector through Reliance Power and the entertainment sector by acquiring Adlabs In October 2010 Reliance power placed the world s largest order worth 8 29 billion to Shanghai Electric Group to supply power equipment based on Supercritical steam generator technology 5 On 28 October 2017 the group launched construction of a defense production unit in Mihan SEZ region 6 The unit will be part of a joint venture between Reliance Group led by Anil Ambani and its JV partner French major Dassault Aviation The production at Mihan SEZ will begin with components for the Rafale warplanes and Falcon business jet produced by Dassault It is expected to fully assemble both the aircraft in the Nagpur unit in the coming years 7 Major acquisitions editDate Firm acquired Renamed firmMay 2000 BSES 8 Reliance InfrastructureOct 2003 FLAG Telecom 207Mn Reliance GlobalcomJuly 2005 Metro Adlabs 51 stake 74Mn Reliance EntertainmentApr 2008 Lowry Digital USA 7 5Mn Reliance Big EntertainmentMay 2008 Vanco Reliance GlobalcomApr 2010 Codemasters UK 50 stake ZapakSept 2011 Bloomberg UTV 66 stake Reliance CapitalMar 2015 Pipavav Shipyard Reliance InfrastructureOct 2015 MTS India Reliance CommunicationSee also editList of companies of India List of largest companies by revenue List of public corporations by market capitalization Make in IndiaReferences edit Reliance Group Reliance Anil dmsumra 7Dhirubhai Ambani Group India Reliance Group Profile Iloveindia com 21 July 2007 Archived from the original on 2 October 2020 Retrieved 14 August 2010 Here s a look at all the companies that Anil Ambani owns Business Insider Archived from the original on 2 October 2020 Retrieved 28 October 2019 Mukesh to double enterprise value to US 160 bn Rediff com Business Business rediff com 18 June 2010 Archived from the original on 20 July 2011 Retrieved 14 August 2010 Reliance set to split between Anil and Mukesh Ambani Central Government may intervene IndiaDaily Archived from the original on 9 October 2008 Retrieved 14 August 2010 Reliance Power Shanghai Electric ink 8 3 bln deal in reuters com Reuters 28 October 2010 Archived from the original on 17 August 2016 Retrieved 28 July 2016 Reliance Dassault JV to start output in Q1 of 2018 timesofindia indiatimes com 28 October 2018 Archived from the original on 21 December 2017 Retrieved 29 October 2017 John Derick RELIANCE Institutional Ownership RELIANCE INDUSTRIES LTD fintel io Archived from the original on 30 November 2022 Retrieved 26 April 2020 Reliance Group Takes over BSES Reliance Anil dmsumra 7Dhirubhai Ambani Group India Reliance Group Profile The Economic Times 10 June 2003 Archived from the original on 9 October 2019 Retrieved 9 October 2019 External links editOfficial websitePortals nbsp India nbsp Companies Retrieved from https en wikipedia org w index php title Reliance Group amp oldid 1210793910, wikipedia, wiki, book, books, library,
