Reliance Group
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Company type | Private |
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| Headquarters | Reliance Centre, Santacruz (East), Mumbai , India |
Key people | Anil Ambani (chair, MD) & Tina Munim Ambani (non executive director) |
| Products | Financial services, construction, entertainment, power, health care, aviation, defense |
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| Owner | Anil Ambani (55.54%) |
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| Website | www |
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Reliance Group is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani.[1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Health, and Reliance MediaWorks. The group provides financial services, construction, entertainment, power, health care, manufacturing, defence, aviation, and transportation services.[2]
History
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Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester firm. It was renamed to Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, and 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 two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005.[3][4] Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, and Reliance Capital. Reliance Group entered the power sector through Reliance Power, and the entertainment sector by acquiring Adlabs. In October 2010, Reliance power placed the world's largest order worth $8.29 billion to Shanghai Electric Group to supply power equipment based on Supercritical steam generator technology.[5] On 28 October 2017, the group launched construction of a defense production unit in Mihan-SEZ region.[6] The unit will be part of a joint venture between Reliance Group, led by Anil Ambani, and its JV partner French major Dassault Aviation. The production at Mihan-SEZ will begin with components for the Rafale warplanes and Falcon business jet produced by Dassault. It is expected to fully assemble both the aircraft in the Nagpur unit in the coming years.[7]
In March 2022, Anil Ambani stepped down from the boards of Reliance Infrastructure and Reliance Power.
In August 2024, SEBI banned Anil Ambani from the securities market for five years on charges of diversion of funds.[8]
Major acquisitions
| Date | Firm (24July2025) acquired | Renamed firm |
|---|---|---|
| May 2000 | BSES[9] | Reliance Infrastructure |
| Oct 2003 | FLAG Telecom, 207Mn$ | Reliance Globalcom |
| July 2005 | Metro Adlabs (51% stake), 74Mn$ | Reliance[10] Entertainment |
| Apr 2008 | Lowry Digital USA, 7.5Mn$ | Reliance Big Entertainment |
| May 2008 | Vanco | Reliance Globalcom |
| Apr 2010 | Codemasters UK (50% stake) | Zapak |
| Sept 2011 | Bloomberg UTV (66% stake) | Reliance Capital |
| Mar 2015 | Pipavav Shipyard | Reliance Infrastructure |
| Oct 2015 | MTS India | Reliance Communication |
See also
- List of companies of India
- List of largest companies by revenue
- List of public corporations by market capitalization
- Make in India
References
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- ^ Page Module:Citation/CS1/styles.css has no content."Reliance ADAG - Reliance Anil Dhirubhai Ambani Group India - Reliance ADA Group Profile". Iloveindia.com. 21 July 2007. Archived from the original on 2 October 2020. Retrieved 14 August 2010.
- ^ Page Module:Citation/CS1/styles.css has no content."Here's a look at all the companies that Anil Ambani owns". Business Insider. Archived from the original on 2 October 2020. Retrieved 28 October 2019.
- ^ Page Module:Citation/CS1/styles.css has no content."Mukesh to double enterprise value to US$160 bn: Rediff.com Business". Rediff.com. 18 June 2010. Archived from the original on 20 July 2011. Retrieved 14 August 2010.
- ^ Page Module:Citation/CS1/styles.css has no content."Reliance set to split between Anil and Mukesh Ambani – Central Government may intervene!". IndiaDaily. Archived from the original on 9 October 2008. Retrieved 14 August 2010.
- ^ Page Module:Citation/CS1/styles.css has no content."Reliance Power, Shanghai Electric ink $8.3 bln deal". Reuters.com. Reuters. 28 October 2010. Archived from the original on 17 August 2016. Retrieved 28 July 2016.
- ^ Page Module:Citation/CS1/styles.css has no content."Reliance-Dassault JV to start output in Q1 of 2018". The Times of India. 28 October 2018. Archived from the original on 21 December 2017. Retrieved 29 October 2017.
- ^ Page Module:Citation/CS1/styles.css has no content.John, Derick. "RELIANCE Institutional Ownership - RELIANCE INDUSTRIES LTD". fintel.io. Archived from the original on 30 November 2022. Retrieved 26 April 2020.
- ^ Page Module:Citation/CS1/styles.css has no content."Sebi ban on Anil Ambani, and his Reliance Group's many troubles: A timeline". Business Standard. Archived from the original on 11 November 2024. Retrieved 11 November 2024.
- ^ Page Module:Citation/CS1/styles.css has no content."Reliance Group Takes over BSES – Reliance Anil dmsumra 7Dhirubhai Ambani Group India – Reliance Group Profile". The Economic Times. 10 June 2003. Archived from the original on 9 October 2019. Retrieved 9 October 2019.
- ^ Page Module:Citation/CS1/styles.css has no content."ED Raids Anil Ambani Group, Yes Bank in ₹3,000 Cr Loan Fraud, Money Laundering Case". Deccan Herald. Retrieved 25 July 2025.
External links
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