Reliance Industries partners with the Indian Olympic Association for the Olympics, Commonwealth and Asian Games as part of its ambition to make India a global sporting powerhouse.
Image Courtesy: Reliance Industries Limited.
RIL conducts largest-ever Rights Issue of Rs 53,124 crore in India and world largest Rights Issue by a non-financial institution in a decade.
Image Courtesy: Reliance Industries Limited.
RIL announces JV with SIBUR, Russia, for butyl rubber production in India; JV to be the world’s fourth largest producer of butyl rubber.
Image Courtesy: Reliance Industries Limited.
Reliance goes public for the first time by announcing its IPO and raises Rs 2.8 crore (USD 3.28 million), thus ushering in the Equity Cult in India.
• Initial share price is Rs 10
• Issue oversubscribed seven times with 58,000 investors by the year end
• Receives approval for BSE listing of Reliance as Reliance Textile Industries Ltd.
Image Courtesy: Reliance Industries Limited.
The World Bank certifies Reliance Textile Industries as India’s finest composite textile mill by developed country standards. The World Bank called the mill India’s 'most modern textile plant’, barely nine years after Shri Dhirubhai Ambani set up the mill at Naroda.
Image Courtesy: Reliance Industries Limited.