Reliance started in which year

Sign In. Latest Must Read Markets. Economy Corporate Markets. Infra Pharma Real Estate. It also proposed to increase the polyvinyl chloride capacity to 30, TPA. TEG is an import substitute used in oil exploration, lubricants and speciality application. RIL is India's largest private sector enterprise, is a major player in the Indian petrochemicals sector. A letter of intent had been singed by both the companies in October. As a part of its vertical integration stategy the Co.

And a , tpa capacity polypropylene fully computerised plant was commissioned during It has 1 ocean going tanker, 4 ocean going vessels for liquefied gases and 5 tugs. CR redeemed. The combine will bid for basic and cellular mobile telephone service with the Department of Telecommunications. The chips was marketed under the brand name Relpet. The capacity at the Hazira plant is being further extended to , tpa of PFY by setting up another 30, tpa plant shortly.

RIL has achieved the distinction of becoming the first company in the country to undertake security audit in the interest of its investors. The petrochemicals giant has won the special prize for the fourth consecutive year.

Reliance is the first and only Indian company to have received this prestigious award and the only Asian company to get this award in the emerging markets category. In the proposed joint venture, reliance will have the majority stake. Further it has announced the largest share buy back of Rs 1, crore at a maximum price of Rs per share. RIL is the first private sector company in India to be rated by the international credit rating agencies.

Reliance has a capacity of nearly a million tonnes per year of polypropylene PP , , tonnes per year of polyethylene PE and , tonnes per year of polyvinyl chloride PVC. The proposed Scheme of Amalgamation provides that the amalgamation will take effect from the Appointed Date i. April 1, All assets,liabilities and obligations of RPL will vest in the company w.

One equity share of the company will be allotted for every eleven equity shares of RPL held. IPCL by paying Rs The delivery is expected in the next two months. The purchase was fuelled by lower freight rates and weaker US crude prices as compared to Europe. This partnership comprises BP taking 30 per cent stake in 23 oil and gas production sharing contracts that Reliance operates in India, including the KG-D6 block, and the formation of a joint venture for sourcing and marketing gas in India.

RIL has invested Rs. Shaw Group announced Joint Venture. New Technologies. With this development, Reliance completes an unprecedented backward integration journey. Reliance Retail becomes the largest retailer by revenue in , fulfilling the aspirations of millions across the country and bringing international experiences at affordable prices to every corner of India. Reliance Jio Infocomm Ltd. Chairman and Managing Director Mr. Our ambitions higher. Our commitment deeper. And our efforts greater.