Sunday, January 3, 2010

Mukesh Ambani Group of Companies

Mukesh Ambani Group of Companies

Mukesh Ambani is India’s richest person and world’s fifth richest person according to Forbes magazine. He receives his fortune through his father Dhirubhai Ambani – The Great Business Tycoon in the history of India.

is a Chemical Engineer from University Institute of Chemical Technology (earlier University Department of Chemical Technology), University of Mumbai (earlier University of Bombay). He has pursued MBA from Stanford University, USA.

Here is a Mukesh Ambani Group of Companies List -

01) Reliance Industries Limited (RIL)RIL is the flagship company of Reliance Empire. 80% of Mukesh Ambani Group comes from this one company only.

Reliance Industries Limited (NSE: RELIANCE) is India's largest private sector conglomerate (by market value) and second largest in the world, with an annual turnover of US$ 35.9 billion and profit of US$ 4.85 billion for the fiscal year ending in March 2008 making it one of India's private sector Fortune Global 500 companies, being ranked at 206th position (2008).

According to the company website "1 out of every 4 investors in India is a Reliance shareholder.". Reliance has more than 3 million shareholders, making it one of the world's most widely held stock. Reliance Industries Ltd, subsequent to its split in January 2006 has continued to grow. Reliance companies have been among the best performing in the Indian stock market.

Products:

Petroleum and Petroleum Products
Retail stores
Polymers
Polyesters
Chemicals
Textile

02) IPCL

03) Reliance Petroleum (RPL), Now merged with RIL -

Working hands-on, Shri Mukesh D. Ambani led the creation of the world's largest grassroots petroleum refinery at Jamnagar, India, with a current capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure. Further, he steered the setting up of another 27 million tonnes refinery next to the existing one in Jamnagar. An aggregate refining capacity of 1.24 million barrels of oil per day has transformed "Jamnagar" as the 'Refining Hub of the World'.

04) Reliance Industrial Infrastructure (RIIL)

05) Reliance Retail, a subsidiary of RIL.

06) And literally hundreds of subsidiaries and small companies.

Shri Mukesh D. Ambani had set up one of the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited (now Reliance Communications Limited).

RCOM is now owned by his brother Anil Ambani.

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