Reliance Industries Limited: Case Study: Reliance Industries Limited
RELIANCE INDUSTRIES LIMITED
Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is the third most profitable company in India, the second-largest publicly traded company in India by market capitalization, and the second largest company in India as measured by revenue after the government-controlled Indian Oil Corporation The company is ranked 215th on the Fortune Global 500 list of the world's biggest corporations as of 2016. RIL contributes approximately 20% of India's total exports. It is ranked 8th among the Top 250 Global Energy Companies by Forbes as of 2016.
The number of shareholders in RIL is approx. 3 million. The promoter group, Ambani family, holds approx. 52% of the total shares whereas the …show more content…
Model Economic Township Limited.
• Reliance Exploration & Production DMCC. Reliance Gas Pipelines Limited.
• Reliance Lifestyle Holdings Limited. Reliance Marcellus.
• Reliance Universal Traders Private Limited.
As on 31 March 2013, the company had 23,519 employees of which 1,159 were women and 83 were employees with disabilities. It also had 29,462 temporary employees on the same date. AS per its Sustainability Report for 2011–12; the attrition rate was 7.5%. But currently, the same attrition rate has gone up to 23.4% in 2015 as per latest report released within the organisation.
In its 39th Annual General Meeting, its Chairman informed the shareholders of the investment plans of the company of about ₹1,500 billion in next three years. This would be accompanied by increasing the staff strength in Retail division from existing strength of 35,000 to 120,000 in next 3 years and increasing employees in Telecom division from existing 3,000 to 10,000 in 12 months
HDFC
Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is the third most profitable company in India, the second-largest publicly traded company in India by market capitalization, and the second largest company in India as measured by revenue after the government-controlled Indian Oil Corporation The company is ranked 215th on the Fortune Global 500 list of the world's biggest corporations as of 2016. RIL contributes approximately 20% of India's total exports. It is ranked 8th among the Top 250 Global Energy Companies by Forbes as of 2016.
The number of shareholders in RIL is approx. 3 million. The promoter group, Ambani family, holds approx. 52% of the total shares whereas the …show more content…
Model Economic Township Limited.
• Reliance Exploration & Production DMCC. Reliance Gas Pipelines Limited.
• Reliance Lifestyle Holdings Limited. Reliance Marcellus.
• Reliance Universal Traders Private Limited.
As on 31 March 2013, the company had 23,519 employees of which 1,159 were women and 83 were employees with disabilities. It also had 29,462 temporary employees on the same date. AS per its Sustainability Report for 2011–12; the attrition rate was 7.5%. But currently, the same attrition rate has gone up to 23.4% in 2015 as per latest report released within the organisation.
In its 39th Annual General Meeting, its Chairman informed the shareholders of the investment plans of the company of about ₹1,500 billion in next three years. This would be accompanied by increasing the staff strength in Retail division from existing strength of 35,000 to 120,000 in next 3 years and increasing employees in Telecom division from existing 3,000 to 10,000 in 12 months
HDFC