This is one such blog even we were longing to write!!! Man, its about AMBANIS!! We are grown up hearing TATA and Ambani and they continue to rule! Well Biography and Autobiography are way to personal but just seeing an extraordinary journey is a DREAM! We are covering 13 Facts about Reliance groups, but you are gonna have a heck of ride! We are getting richer already! Power of Reading!! Let’s not waste time and dive straight!
The company was co-founded by Dhirubhai Ambani and Champaklal Damani in 1960’s as Reliance Commercial Corporation. In 1965, the partnership ended and Dhirubhai continued the polyester business of the firm.In 1985, the name of the company was changed from Reliance Textiles Industries Ltd. to Reliance Industries Ltd.
2.Mukesh And Anil Ambani Split
Dhirubhai Ambani died in 2002 due to Cardiac Arrest, and feud among brothers started because of obvious reason of ‘NO Will ‘ was made. Their mother brokered a demerger in 2005, which gave Mukesh control of oil and gas, petrochemicals, refining and manufacturing while Anil took reign over electricity, telecoms and financial services.
3.Companies owned by Mukesh Ambani
Reliance Industries Limited (RIL) is headquartered in Mumbai .Reliance Fresh, Reliance Time Out, Reliance Wellness, Reliance Autozone, Reliance Footprint, Reliance Mart, Reliance Home Kitchens, Reliance Digital,Reliance Trends, Reliance Super, Reliance iStore, Reliance Logistics,Reliance Jio,Reliance Industrial Infrastrictural Limited,Network 18, Reliance Solar and many others.
4.Companies owned by Anil Ambani
Anil Ambani is the chairman of Reliance Group (also known as Reliance ADA Group), which was created in July 2006 following a demerger from Reliance Industries Limited. He leads a number of stock listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.
5.How Mukesh Ambani saved Anil Ambani
In May 2019, Mukesh Ambani save younger brother Anil from prison by helping him clear Rs 453 crore Reliance Communications owed Ericsson.To which Anil Ambani thanked Mukesh Ambani and Nita Ambani and publicly declared end of the feud❤
6.The BIG numbers
Reliance India Limited generated about 6.5Llakh crore revenue INR.Reliance is responsible for almost 5% of the government of India’s total revenues from customs and excise duty.he company is ranked 106th on the Fortune Global 500 list of the world’s biggest corporations as of 2019.
Dhirubhai Ambani was married to Kokilaben Ambani. They had 5 children 3 daughters and 2 sons-Mukesh Ambani(elder), Anil Ambani.Mukesh Ambani is married to Nita Ambani with whom they have 3 children together-1 daughter (Isha) and 2 sons namely Akash and Anant. Anil Ambani is married to Tina Ambani and have 2 boys together -Anshul and Anmol.
Reliance Petroleum Limited is a company owned by Reliance Industries Limited (RIL), owned by Mukeshh Ambani one of India’s largest private sector companies with revenue of $6.4 Billion USD.
Reliance Power Limited (R-Power), formerly Reliance Energy Generation Limited (REGL) is a part of the Reliance Anil Dhirubhai Ambani Group. It has coal base, gas based and even renewable power plants. They power distribution to BSES Delhi,BSES Rajdhani,BSES Yamuna
Reliance Power Mumbai,BSES Kerala,BSES Odisha with revenue $1.5 Billion USD
10. Reliance Fresh
Reliance Fresh is the convenience store format which forms part of the retail business of Reliance Industries of India under its subsidiary Reliance Retail Limited. Operates at 700+locations generating.
Apparel and clothing which are now available at AJIO.com launched in 2016 at lakme fashion week. It is India’s one of the leading apparel branch generating employment for thousands as it operates for 400+locations.
Reliance Digital is a consumer durables and information technology concept from Reliance Retail. It is a subsidiary of Reliance Retail, which is a wholly owned subsidiary of Reliance Industries. Reliance Digital is a consumer electronics company in India.
Reliance is everywhere now you can see! They have provided the huge amount of employment, they work hard everyday so that glitter is gold and that is their sweat. To be Ambani you need to work like this!
Hope, you would have enjoyed this read. If you want any suggestion for this series leave it in the comment section below.