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Reliance Anil Dhirubhai Ambani Group

Reliance Group (Anil Dhirubhai Ambani Ventures Limited)
Type Private company
Industry Conglomerate
Predecessors Reliance Commercial Corporation
Founded 1966
Founders Dhirubhai Ambani
Headquarters Dhirubhai Ambani Knowledge City, Navi Mumbai, Maharastra, India
Key people Anil Ambani
(Chairman)
Products technology, financial services, construction, entertainment, media, real estate, energy, health care, manufacturing, aviation, natural resources, food and beverages, hospitality, transportation, logistics, BPO
Revenue Increase US$15.4 billion (2012)
Operating income Increase US$2 billion (2012)
Profit Increase US$3.5 billion (2012)
Total assets Increase US$29 billion (2012)
Total equity Increase US$40 billion (2012)
Employees 120,000 (2012)
Subsidiaries Reliance Power, Reliance Communications, Reliance Infrastructure, Reliance Capital, Reliance Entertainment, Reliance Health, Reliance Natural Resources, Reliance Venture, Reliance MediaWorks Ltd
Website .comrelianceadagroup

Reliance Anil Dhirubhai Ambani Group (now referred as Reliance Group and legally Anil Dhirubhai Ambani Ventures Limited) is an Indian conglomerate, headquartered in Navi Mumbai, India. The company, which was formed after Dhirubhai Ambani's business empire was divided up, is headed by his younger son Anil Ambani.[1] It has a market capitalisation of 890 billion (US$14 billion) and net assets worth 1800 billion (US$29 billion).[2] The Reliance Group has a business presence that extends to over 20,000 towns and 450,000 villages in India, and around the globe.

The shareholder base is over 12 million, among the largest in the world. The group is present in many business sectors across India including technology, financial services, construction, entertainment, media, real estate, energy, health care, manufacturing, aviation, natural resources, food and beverages, hospitality, transportation and logistics.

Contents

  • History 1
  • Operations 2
    • Communications 2.1
    • Capital 2.2
    • Power 2.3
      • Distribution 2.3.1
    • Infrastructure 2.4
    • Reliance Entertainment 2.5
    • Reliance Health 2.6
    • Other 2.7
  • Major acquisitions 3
  • Minor stakes 4
  • Failed deals 5
  • Major joint ventures 6
  • Logo 7
  • General Facts 8
  • Global presence 9
  • Corporate sponsorship 10
  • Corporate social responsibility 11
    • Education 11.1
    • Hospitals 11.2
  • References 12
  • External links 13

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.[3][4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, Reliance Capital and RNRL. This led to a new beginning called Reliance. Later this group entered the power sector through Reliance Power, and the entertainment sector by acquiring Adlabs.

Operations

Communications

Capital

Power

Rosa Thermal Power Station
Electricity transmission grid in eastern India.
  • Reliance Natural Resources Limited (RNRL)
  • Reliance Coal Resources
  • Tilaya UMPP – 4000MW
  • Krishanapatnam UMPP – 4000MW – on hold
  • Sasan UMPP – 4000MW FIRST UNIT OPERATIONAL
  • Dadri power plant – 8000MW – On hold
  • Chitrangi power project – 4000MW
  • Rosa Power Project – 1200MW OPERATIONAL
  • Butibori power Project, Nagpur – 600MW OPERATIONAL
  • Samalkot Power Project – 2400MW.. AWAITING GAS FROM GOI
  • Dhirubhai Ambani Solar Park – 40MW OPERATIONAL
  • Wind Power – 400MW
  • Solar Power – 500MW
  • Hydropower – 2500MW

Distribution

  • BSES Delhi
    • BSES Rajdhani
    • BSES Yamuna
  • Reliance Power Mumbai

Reliance Power (R Power) has a generation capacity of 1500MW. The company is in the process of achieving 5000MW by 2012, 17000MW by 2015 and 35000MW by 2020. The company is present in all verticals from generation to transmission to distribution. The company has pan India projects and has a big presence in Mumbai and Uttar Pradesh. The United Nations registered Reliance Power’s Sasan power project on 2 February 2011 to earn as many as 22.5 million credits in the next 10 years.

Infrastructure

Azad Nagar Station, Mumbai Under Construction

Reliance Infrastructure (R Infra) has emerged as a electricity distribution and generation, natural gas exploration and production, construction, and transportation conglomerate as the largest concessionaire of NHAI with 11 road projects totalling 1,000 km worth about 120 billion (US$1.9 billion) with more than 10,000 people working at various sites. Constructing Metro systems in Delhi and Mumbai totalling more than 75 km of track. Reliance Infrastructure is also bidding for projects in Nepal and Maldives.

Reliance Entertainment

Movies and television

Broadcasting

  • BIG FM 92.7 – Radio stations operating in more than 50 cities.
  • Reliance Broadcasting (RBNL)
  • Reliance Digicom
  • Reliance Digital TV BIG TV – DTH service
  • Imagine Showbiz
  • BIG Magic

BIG – CBS channels

Gaming

Internet

  • BIGADDA.com – social networking site
  • BIGOYE.com
  • The Plot Blog – BIG Cinemas
  • Zapak.com

Others

  • BIG Street
  • BIG Maps
  • BIG Live
  • BIG Digital
  • BIG Reach
  • BIG Events

Big Cinema is India's largest cinema chain with over 516 screens spread across India, US, Malaysia and Netherlands and caters to over 35 million consumers. BIG Cinemas has established leadership in film exhibition in India with 253 screens and accounts for 10 to 15% of box office contributions of large movies.[5] BIG FM 92.7 is a leading network of FM Radio stations with FM stations in more than 50 Indian cities.

Reliance Health

Reliance Health is providing integrated health services through one of the finest hospitals in Asia – the Kokilaben Dhirubhai Ambani Hospitalat Andheri, Mumbai. It also plans to venture into diversified fields like Insurance Administration, Health care Delivery and Integrated Health, Health Informatics and Information Management and Consumer Health.

Other

  • Reliance Technology Ventures - A technology company.
  • Reliance Cement - A cement manufacturing company.
  • Reliance Aviation Tour & Travels - An aviation travel and tourism company
  • Reliance Property Solutions - A property development, construction, and investment company offering real estate listing and consulting services.
  • Mudra Communication - A communications company (49% stake, rest 51% sold to Omnicom Group)
  • Java Green – A cafe chain with more than 100 outlets.
  • NIS Sparta – A corporate training Institute.
  • DTDC Courier & Cargo Ltd. - A logistics company.

Major acquisitions

Metro Cinema acquired by Big Entertainment c.2005
Date
May 2000 BSES Reliance Energy (Infrastructure)
Oct 2003 FLAG Telecom, 207Mn$ Reliance Communication
July 2005 Metro Adlabs (51% stake), 74Mn$ Reliance Big Entertainment
Nov 2006 Travelmate services (100% stake) Reliance Capital
July 2007 Yipes Services USA, 300Mn$ Reliance Communication
July 2007 Swan Telecom (now Etisalat DB) (9.9% stake) Reliance Communication
Dec 2007 ND Studio (50% stake), 35Mn$ Reliance Big Entertainment
Apr 2008 Lowry Digital USA, 7.5Mn$ Reliance Big Entertainment
Apr 2008 eWaveWorldUK (90% stake) Reliance Globalcom
May 2008 Vanco Reliance Globalcom
Sept 2008 Wall street finance (36% stake) Reliance MoneyExpress
Mar 2009 Synergy Reliance Mediaworks
Nov 2009 Quant Capital Reliance Capital
Jan 2010 Ilab UK Ltd. Reliance Mediaworks
Apr 2010 Codemasters UK (50% stake) Zapak
July 2010 Digicable Reliance Big Entertainment
Jan 2011 Imagine Showbiz Reliance BIG Entertainment
Oct 2011 Annapurna Studios Reliance BIG Entertainment
Sept 2011 Bloomberg UTV (66% stake) Reliance Capital

Minor stakes

Date
Sept 2010 Aranmula International Airport (kerala) (15% stake), 47Mn$ Reliance Infrastructure
Sept 2010 Trent (9% stake), 4.5Mn$ Reliance Capital
Aug 2010 ICEX (26% stake) Reliance Capital
Apr 2010 Pathway world (minor stake) Reliance Equity
May 2010 Fame Cinema (47.5% stake) Reliance Mediaworks
Sept 2010 Trinethra Infra (5% stake) Reliance Capital
May 2007 Network18 group (10% stake) Reliance Capital
May 2007 TV Today group (14.02% stake) Reliance Capital
Oct 2008 Hong Kong Mercantile (15% stake) Reliance Capital

Failed deals

Date
Mar 2007 Reliance Air Deccan
June 2008 Reliance Communication MTN
Aug 2008 Newcastle United, Premier League club
Sept 2008 BIG Entertainment MGM
Sept 2010 Reliance Infratel GTL

Major joint ventures

  • RBNL – CBS
  • NIS Sparta
  • Reliance – DreamWorks
  • Codemasters – A British video gaming company.
  • Reliance Infra – IRB Infra
  • BIG Entertainment – BBC

The Reliance Anushka Sharma for Reliance Communication, Abhishek Bachchan and Sonu Nigam for Big 92.7 FM. Earlier Virender Sehwag used to be the brand ambassador of Reliance Communication then known as Reliance Infocom. Reliance Mobile is also the main sponsor of International Cricket Council Cricket World Cup and ICC World Twenty20 Cricket tournaments.

General Facts

Group company Reliance Globalcom is the world's largest sealink cables company with more than 1,50,000 km of sea cables. Reliance Mutual Fund is India's largest mutual fund company with assets of more than 1.1 trillion rupees. Reliance Mediaworld operates the world's largest dome theatre, IMAX, in Mumbai. Reliance power has placed World's largest order worth $8.29 billion to Shanghai Electric Group to supply power equipment based on supercritical technology.

Reliance Infrastructure is the first private company in India to construct a rail project (Delhi Airport Metro Express) on PPP basis, the project became operational on February 2011. Reliance power has become the first Indian company to earn Carbon credits, United Nations registered Reliance Power’s Sasan power project to earn as many as 22.5 million credits in the next 10 years, the UN Clean Development Mechanism, the world’s second- biggest greenhouse gas market issues tradable credits to emission-busting projects in developing countries.

Reliance Infrastructure’s Dahanu Thermal Power Station (DTPS). The 500 MW project, around 100 km north of Mumbai, has emerged the only power plant in the world to win a certification -— ISO 50001:2011 – for energy management systems and endeavours in the field of energy use and environment conservation.

Reliance Communication was the first company in India to issue bills in braille for visually impaired customers.

The Central Bureau of Investigation has initiated a preliminary enquiry to probe if Insurance Regulatory and Development Authority (IRDA) favoured Anil Dhirubhai Ambani Group's Reliance General Insurance Company while levying Rs 20 lakh penalty for "unauthorized" sale of a health cover. [6]

Global presence

Group company BIG Cinemas is India’s largest cinema chain with over 516 screens spread across India, US, Malaysia and Netherlands and caters to over 35 million viewers. Big Cinema has a pan USA footprint with over 205 screens present in 24 cities, in Malaysia with 72 screens that play Hollywood features besides Chinese and Tamil films that cater to the 1.5 million Tamil populations. In 2009, Big Cinemas established a presence in Netherlands by associating with Pathe Theatres in three cities to begin screening Indian movies. It also set up Nepal’s first Multiplex in Kathmandu.

BIG FM 92.7 is operating radio station in Singapore and Bhutan. Reliance Power is having coal mines in Indonesia. Reliance has also made major acquisitions in UK and USA.

Corporate sponsorship

Lasith Malinga bowling from the Nursery End in the Final at Lord's.

Reliance is the main sponsor of cricket tournaments. Reliance sponsored the cricket world cup Reliance World Cup in 1987 and 1996.

Reliance Mobile is the main sponsor of International Cricket Council Cricket World Cup and World Twenty20 cricket tournaments.

  • 2011 Cricket World Cup

Reliance sponsored the ICC Room to Read, to promote literacy and gender equality in education by contributing 25000 (US$410) for every six hit during the World Cup. The initiative is named Boundaries For Books.[7]

  • ICC World Twenty20

Reliance Mobile also sponsored the ICC Cricket World Cup 2007 held in West Indies and ICC World Twenty20 in 2007 and 2010.

Reliance Group was in the race in 2010 to sponsor the Indian national cricket team but lost to Sahara India Pariwar. Reliance Group also bid for the Indian Premier League team, Mumbai Indians, but missed by a small amount.

  • Reliance ICC Player Rankings

The Reliance ICC Player Rankings are the official guide to the relative merits of batsmen, bowlers and all-rounders in Test match and ODI cricket.

The Reliance Mobile ICC ODI Women’s Rankings provide an opportunity to showcase the leading stars in the women’s international game.

Corporate social responsibility

Education

DAIICT
Resource Centre, DAIICT
  • Dhirubhai Ambani Institute of Information and Communication Technology DA-IICTGujarat.
  • Dhirubhai Ambani Institute of Information and Communication Technology DA-IICTKolkata. (Under Construction).
  • Jamnaben Hirachand Ambani School, Raigad
  • Kokilaben Dhirubhai Ambani Nursing College (KDA-NC) – Mumbai.
  • BIG Animation Infotainment & Media School (BIG AIMS) – Pune.
  • Dhirubhai Ambani University (DAU) – Bhopal (Under Construction).

With an aim to provide focused studies and research in Information and Communication Technology (ICT), the Reliance Group announced the setting up of the Dhirubhai Ambani University (DAU). The DAU will be soon set up in 110 acres of land and the Reliance Group has earmarked 1 billion (US$16 million) for developing higher education in Madhya Pradesh, a company release said. The Government of Madhya Pradesh has issued a letter of intent and also provided land for the proposed varsity. The University will provide focused studies and research in ICT and also focus on niche programmes relevant to the economic development of the state. The DAU will offer both undergraduate and postgraduate programmes with emphasis on research activities in ICT and allied areas.

Hospitals

  • Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute, Mumbai
  • Kokilaben Ambani Hospital Guwahati Centre, Guwahati
  • Dhirubhai Ambani Hospital, Lodhivali, Raigad district

References

  1. ^ "Reliance ADAG – Reliance Anil Dhirubhai Ambani Group India – Reliance ADA Group Profile". Iloveindia.com. 21 July 2007. Retrieved 14 August 2010. 
  2. ^ "Reliance ADA Group". Reliance ADA Group. Retrieved 14 August 2010. 
  3. ^ "Mukesh to double enterprise value to US$160 bn: Rediff.com Business". Business.rediff.com. 18 June 2010. Retrieved 14 August 2010. 
  4. ^ "Reliance set to split between Anil and Mukesh Ambani – Central Government may intervene!". IndiaDaily. Retrieved 14 August 2010. 
  5. ^ "Reliance ADA Group". Reliance ADA Group. Retrieved 15 September 2010. 
  6. ^ http://timesofindia.indiatimes.com/business/india-business/CBI-probes-if-IRDA-favoured-Anil-Ambanis-company/articleshow/44796687.cms
  7. ^ "Reliance Life Insurance, ICC and Room to Read Launch Boundaries For Books Campaign to ‘Hit Illiteracy For a Six’". Press Release. Mumbai:  

External links

  • Official website
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