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"  \r\nHow Mukesh Ambani Took Over-Reliance Industries & Topped $100B Valuation? \r\nReliance is one of the largest corporations and most profitable companies in the world It is a conglomerate company that operates in various sectors and is diversified in industries such as petrochemicals fashion entertainment telecommunication etc RIL crossed the $200 billion market capitalization in 2007 and became the first Indian company to achieve this milestone It is also the highest tax-payer by any private organization in India So lets get to know about the success story of this giant Indian multinational company\r\nFun Fact : In 2020 Forbes magazine ranked it 96th in the Fortune Global 500 list of companies\r\nReliance Story – Key Points\r\n  \r\nStartup Name - Reliance Industries Ltd\r\nFounded - 1973\r\nFounder - Dhirubhai Ambani\r\nHeadquarters - Mumbai Maharashtra India\r\nOwner - Mukesh Ambani\r\nCompany Type - Public\r\nIndustry - Conglomerate\r\nArea Served - Worldwide\r\nRevenue - $92 billion\r\nNumber of Employees - 237000\r\nWebsite - wwwrilcom \r\n\r\nReliance – Founders and Team\r\nReliance got founded by Dhirubhai Ambani and Mukesh Ambani is the Chairman and MD of it Its churn rate has increased to 234% from 75% in the past few years The employee retention rate of the company is commendable and the working environment is much easy and stable\r\n\r\n\r\nReliance - Chairman and MD\r\n\r\nFun Fact: Reliance has more than 200000 employees of which 30000 are permanent employees and 170000 temporary employees\r\nReliance Legacy – History\r\nReliance got incorporated in 1960 as a partnership firm in Maharashtra It started the business of polyester and later established a mill in Gujarat of synthetics fibre They issued their IPO in 1977 and it went over-subscribed more than five times They soon started entering into different sectors to expand their business\r\nReliance Story – Listing and Shareholdings\r\nThe Ambani Family holds 4938% of the Reliance Industries Ltd Rest 5062% of the shares gets owned by the other shareholders such as FII public corporate bodies etc Its largest shareholder is LIC India that has a holding of 798%\r\nRIL gets listed in NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) Its 346% share gets listed at the Luxembourg Stock Exchange and debt securities are in the WDM (Wholesale Debt Market) of NSE\r\nReliance Success Story – Subsidiaries\r\nSome of the subsidiaries of Reliance are as follows:\r\n  \r\nJio\r\nReliance Retail \r\nReliance Solar \r\nReliance Industries Infrastructure Ltd \r\nReliance Life Sciences \r\nNetwork 18  \r\nEmbibe\r\nModel Economic Township\r\nReliance Logistics \r\nNowFloats\r\nReliance Strategic Business Ventures Ltd\r\nReliance Industrial Investments and Holdings Ltd\r\nReliance Sibur\r\n\r\nReliance Company Story – Products\r\nSome of the products of the company are as follows:\r\n  \r\nPetroleum\r\nTextiles\r\nNatural Gas\r\nPetrochemicals\r\nTelevision\r\nMusic\r\nMedia\r\nRetail\r\nSoftware\r\nTelecommunications\r\nEntertainment\r\nFinancial Services\r\n\r\nReliance – Awards and Achievements\r\nReliance Industries has won several awards and achievements Some of the awards won by them are as follows:\r\n \r\nInternational Refiner of the Year - Global Refining and Petrochemicals Congress 2017\r\nInternational Refiner of the Year - HART Energys 27th World Refining and Fuel Conference (for Jamnagar Refinery) 2005 and 2013\r\nRanked 7th Most Trusted Brand in India - By the Brand Trust Report 2013\r\nRanked 9th Most Trusted Brand in India - By the Brand Trust Report 2014\r\nCertified as Responsible Care Company - By American Chemistry Council 2012\r\nRanked 25th in the World - By ICIS Top 100 Chemicals Companies List 2012\r\nNational Golden Peacock Award - In the corporate sustainability 2011\r\nRanked 5th Biggest Sustainable Value Creator in the World - By Boston Consulting Group 2009\r\nSelected in the top 100 Best Managed Companies in the World - By the Industry Week Magazine 2000\r\nWon National Energy Conservation Award - In Petrochemical Sector 1994 1995 1996 1997\r\n\r\nReliance Story – Advertisement and Promotion\r\nReliance has collaborated with several top actors and actresses to promote its brands The fan base of these superstars has helped the company It has drawn the attention of customers towards their brands and made them more customer-friendly The owner of RIL Mukesh Ambani also owns an IPL team (Mumbai Indians) The purchases of an IPL team have played an instrumental role in promoting and advertising their brand in the global market It bought RIL in the spotlight and saw significant growth in its business\r\nReliance – Revenue\r\nReliance Industries earns its revenue from various sources Its growth plays an important part in the total GDP of the company RILs revenue and profit sources are as follows:\r\n  \r\nOil and Chemical - 584% (INR 300000 Cr)\r\nRetail - 283% (INR 150000 Cr)\r\nMedia and Others - 77% (INR 41000 Cr)\r\nDigital Service - 51% (INR 27000 Cr)\r\nGas - 03% (INR 1600 Cr)\r\nFinancial Services - 02% (INR 1400 Cr)\r\n\r\n\r\nReliance – Growth\r\nRIL is one of the biggest industries in the world Some of its recent growth is as follows:\r\n  \r\nTurnover of the company for the FY 2019-20 was INR 130000 Cr \r\nIts turnover saw a spike of 887%\r\nRILs EBITDA was INR 6000 Cr\r\nIts income CAGR and EBITDA CAGR were 55% and 76% respectively in the last five years\r\nIt has more than 10400 retail stores all over India\r\nTheir retail stores cover an area of 22 million sq ft\r\nTheir oil company saw the development of 3% gas 81% Gasoil 3% stream fuel 91% \r\n\r\nReliance Success – Future Plans\r\nRIL is an industry that works in various sectors Companies like Reliance have over 1000 plans for the future They work on making the company better for both customers and the environment Some of the upcoming plans of the company are as follows:\r\n \r\nOpen more retail stores in the country\r\nBecome an environment-friendly company and work towards sustainability\r\nThey have a long-term goal to convert themselves into a new energy company\r\nThey are planning to amalgamate with several small businesses\r\nRIL needs to grow over its competitors in every sector\r\n\r\nReliance Industries Limited – 50 Years of Legacy \r\nSo this was all about Reliance Industries Limited Reliance uses various strategies to advertise its business  They spend a good amount on publicizing and advertising their products RIL is one of those few companies that is succeeding in almost every sector Its journey and subsequent growth have been tremendous Reliance is a trustworthy company and they have built their goodwill through hard work and consistent performance \r\n"
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