RELIANCE INDUSTRIES Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai‚ Maharashtra‚ India. Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies‚ Reliance pursued a strategy of backward vertical integration - in polyester‚ fibre intermediates‚ plastics‚ petrochemicals‚ petroleum refining and oil and gas exploration and production - to be fully integrated along
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INTRODUCTION What kind of a company enters an industry with competitors already entrenched? Which ones actually succeed? The answer to both the questions is Reliance Infocomm now known as Reliance Communication. Reliance Infocomm is a confident and smart company that was able to enter a saturated and highly competitive industry‚ and emerge at the top. The cut-throat competition in the telecommunication sector of India posed a great threat to the development of Reliance Infocomm. Many other cellular service
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Chapter – 1 Introduction - Company Profile The name Reliance is synonymous with success‚ a story as unique as its founder Dhirubhai H. Ambani‚ who built the Reliance empire from an initial capital of just $300. It is a story of dreams becoming reality‚ of vision igniting passion‚ and an Indian enterprise transforming itself into a global conglomerate. Today‚ Reliance Industries Limited‚ led by its Chairman and Managing Director Mukesh D. Ambani is India’s largest private sector company in all
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Reliance Industries Limited (RIL) Financial performance for the quarter / year ended 31st March‚ 2014 April 18‚ 2014 at 6:42am RECORD REVENUE OF ` 401‚302 CRORE ($ 67.0 BILLION)‚ UP 8.1% RECORD NET PROFIT OF ` 21‚984 CRORE ($ 3.7 BILLION)‚ UP 4.7% RECORD PBDIT OF ` 39‚813 CRORE ($ 6.6 BILLION)‚ UP 2.7% HIGHEST EVER ANNUAL AND QUARTERLY EBIT FOR REFINING BUSINESS RECORD CONSOLIDATED NET PROFIT OF ` 22‚493 CRORE ($ 3.8 BILLION)‚ UP 7.7% Reliance Industries Limited (RIL) today reported its financial
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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
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SELF RELIANCE -A KEY TOO SUCCESS When you don’t have to rely on someone else‚ you are the master of your own destiny. That’s really the secret to everything in life. If you’re OK with yourself and you don’t need others approval for your happiness‚ then you are happy. Self reliance comes with self confidence. Self reliance helps a person to prepare for life challenges. Rest your mind and imagine a situation where you are confident and successful. Go over the details thoroughly in your mind. What
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Introduction The Reliance Industries India group is India’s largest private sector conglomerate. The Reliance Industries Limited was started by the legendary Late Dhirubhai H. Ambani After a humble start in the late 1970’s as a textile company its success skyrocketed and now covers almost all industry verticals. Today‚ Reliance Industries generates revenues in excess of USD22 billion and exports products worth USD 7 billion to more than 100 countries. The Reliance Industries Limited is a ‘Fortune
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Sergio Toro Story of Success One day Jack an immigrant from the country of Colombia decided to go the park for a walk‚ when he found somebody who spoke his native language. They clicked right away and spoke for hours about their past and how they ended up in another country. Saumet told Jack his ultimate goal was to become rich and famous and‚ was willing to do anything to get there. But Jack told him it was almost impossible because he barely spoke English and it was not easy to get rich during
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Research on Reliance History: Reliance group was founded by Dhirubhai Ambani in 1966 as a polyester firm. Dhirubhai started the equity cult in India. Reliance later entered into financial services‚ petroleum refining‚ 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 sons. The group was formed after the two feuding brothers Mukesh Ambani and Anil Ambani‚ split Reliance Industries. Anil Ambani
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mid-sixties‚ current Chairman Rahul Bajaj took over the reins as the CEO‚ but the eighties are still seen as the best years for Bajaj. "The decade of the 80s was the greatest decade for Bajaj Auto. We did well in the 70s‚ but 70s was a disaster for Indian industry. It was the height of misguided socialism. No technology was allowed to come‚" reminisces Bajaj. Interestingly‚ during the 80s‚ Bajaj Auto’s production jumped 8 fold to touch 8 lakh units! In the 80s‚ the company also touched the magic figure of
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