Who owns Reliance?

The promoter group, the Ambani family, holds 50.39% of the total shares whereas the remaining 49.61% shares are held by public shareholders, including FII and corporate bodies. Life Insurance Corporation of India is the largest non-promoter investor in the company, with 6.49% shareholding.

Is Reliance privately owned?

Reliance Industries Limited, privately owned conglomerate that operates in petrochemical production and refining, textile, retail, marketing, telecommunications, and other industries. It was the first privately owned Indian company to enter the Fortune 500.

How much of Reliance is owned by Mukesh?

His net worth, as of Jan. 2024, is reportedly between $97 billion and $100.9 billion. A 42% stake in Reliance Industries is the source of most of Mukesh's wealth. Other major assets include a 45% stake in Jio Financials Services, the Mumbai Indians cricket team, and a mansion in Mumbai.

Is Reliance richer than Apple?

1 Apple = 10 Reliance ! 1 Apple is more than the GDP of most nations on Planet Earth.

How did Ambani get so rich?

Ambani began a business trading in spices in the late 1950s, calling his nascent venture Reliance Commercial Corporation. He soon expanded into other commodities, following a strategy of offering higher-quality products and accepting smaller profits than his competitors. His business grew quickly.

How BIG is Reliance? (They're Responsible For T-Series) | ColdFusion

What is the controversy of Reliance?

Synopsis. The Delhi High Court has requested a response from Reliance Industries (RIL) and its partners in relation to the Indian government's appeal, accusing the conglomerate of committing fraud and unjust enrichment of over $1.729bn by extracting gas from deposits it did not have the rights to exploit.

Is Reliance a Chinese company?

Reliance is currently controlled by the family of Hong Kong-based Chinese-Canadian businessman Victor Li and his father Li Ka-shing, through two of their holding companies, CK Asset Holdings (75%) and CK Infrastructure Holdings (25%).

Does Reliance own hotels?

Reliance Industries partners with Oberoi Hotels to manage properties in India and the UK, including Anant Vilas in Mumbai and Stoke Park in the UK. Anant Vilas has been conceived as the first metro-centric property as part of the iconic luxury 'Vilas' portfolio run by Oberoi.

Does Vanguard own Reliance?

Top 10 Owners of Reliance Global Group Inc

The Vanguard Group, Inc. IFP Advisors, Inc.

Who are promoters of Reliance?

The promotor/promotors of Reliance Industries Ltd are Mukesh D Ambani, Nikhil Meswani, Hital R Meswani, PMS Prasad, Pawan Kumar Kapil, Adil Zainulbhai, Raminder Singh Gujral, Shumeet Banerji, Arundhati Bhattacharya, Savithri Parekh, K V Choudhary, His Excellency Yasir Othman H. Al Rumayyan, K V Kamath, ISHA MUKESH ...

What does Nita Ambani sister do?

The Ambani Family at the reception of Deepika Padukone and Ranveer Singh in 2018. Nita Ambani was born as Nita Dalal to Ravindrabhai Dalal and Purnima Dalal. Her sister, Mamta Dalal, who works as a school teacher is known to teach Sachin Tendulkar and Shahrukh Khan's children.

Who are the two brothers of Reliance?

After bickering between Anil and his brother Mukesh, their mother Kokilaben mediated and split the family owned businesses between the two brothers. Anil Ambani received parts of Reliance Group with interests in telecom, entertainment, financial services, power and infrastructure.

Is Mukesh Ambani CEO of Reliance?

Mukesh Ambani (born April 19, 1957, Aden, Yemen) Indian business mogul, chairman and managing director of the Indian conglomerate Reliance Industries Limited (RIL), the foremost company of the Indian energy and materials conglomerate Reliance Group.

Is Reliance bigger than Apple?

While Tata Group has a market value of $126 billion, Mukesh Ambani-led Reliance Industries is valued at $70 billion. Apple's market value currently stands at $789 billion.

Is Reliance listed in UK?

RIGD Stock Price. Reliance Industries Ltd. GDR Stock Quote (U.K.: London)

Which Chinese company did Reliance buy?

Mukesh Ambani-controlled Reliance New Energy Solar, a wholly owned subsidiary of Reliance Industries (RIL), has acquired REC Solar Holdings (REC Group) from China National Bluestar (Group) Co. An RIL statement said the transaction is for an enterprise value of $771 million.

Why did Reliance shut down?

Reliance Industries Limited has informed that it is planning to undertake shutdown of one Crude Distillation Unit (CDU) and Fluidized Catalytic Cracker (FCC) of its SEZ refinery at Jamnagar for routine maintenance and inspection activities.

Why Reliance is falling?

Shares of Reliance Industries Ltd (RIL) slipped over 3% to a two-month low on Wednesday amid reports that two crore shares of the conglomerate changed hands in a block deal as against the one-month daily traded average of 73 lakh shares. Buyers and sellers in the transaction were not known.

Is Reliance an ethical company?

In pursuit of these values outlines above, we are committed to the ethical treatment of all our stakeholders. Reliance Group Companies recognize that its commercial success depends on the full commitment of all employees. We are committed to respect the human rights of our employees.

Who are the trillionaires?

Are there any trillionaires?

A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.