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“If you don’t build your dream, someone will hire you to help build theirs.”

Reliance Industries Limited (RIL) is India’s most profitable company, the top contributor to India’s gross domestic product (GDP), exports and taxes as a single company. It owns India’s leading telecom company Reliance Jio, the top brick and mortar retailer (Reliance Retail), India’s largest producer of petrochemicals and polyester business, and is the number one company in market capitalization. In 2004 Reliance Industries (RIL) became the first Indian private sector organization to be listed in the Fortune Global 500 list.

In the year 1966 the RIL was founded by Shri Dhirubhai H.Ambani it was started as a small textile manufacturer unit. In May 8 1973 RIL was incorporated and confirmed their name as RIL in the year 1985. Over the years the company has transformed their business from manufacturing of textiles products into a petrochemical major. The company has set up a texturising / twisting facilities in 1979 RIL has also set up plants for Polyester Staple Fiber (PSF) in 1986 and for Linear Alkyl Benzene (LAB) & Purified Terephthalic Acid (PTA) in 1988. RIL has setup a petrochemical facility to produce HDPE and PVC at Hazira Gujarat in technical collaboration with DuPont and BF Goodich respectively.

Dhirajlal Hirachand Ambani was born on 28 December 1932 in a small village called Chorwad (Gujarat). He died on 6 July 2002 in Mumbai. Reliance commercial corporation was founded in 1966 as polyester firm. In 1973 the company got renamed as Reliance industries. Later the company entered into petroleum and financial service. Upon his death, the company was headed by his two sons Anil Ambani and Mukesh Ambani.

Mukesh Dhirubhai Ambani, elder son of Dhirubhai Ambani, is the present CEO of Reliance Industries Limited. He holds 44.7% of the shares of the company and is one of the most influential persons in the country. He was the 36th most powerful person in 2014 as per the Forbes most powerful people of the world. Currently, he has created a sensation by launching Reliance Jio services which resulted in massive share drops of all the competitors.

Reliance Industries Limited (RIL) is India’s largest publicly traded company and became the first-ever Indian company to exceed US$150 Billion in market capitalization.

Reliance Industries Business divisions:

• Gas and oil exploration:

Reliance is involved in a number of significant partnerships and joint ventures with the world’s leading oil and gas companies, such as BP, Chevron and American shale oil developers. Through these collaborations, Reliance is engaged in exploration, extraction and refinement of petroleum products including: natural gas, hydrocarbons, and liquid shale.

• Petroleum refining:

The Reliance petroleum factory in Jamnagar, India produces liquefied petroleum gas, kerosene oil and gasoline. It is the largest refining facility in the world. Crude oil is refined into usable petroleum product and shipped throughout the world, including: gasoline, naptha, liquefied petroleum gas, kerosene oil, propylene, high-speed diesel, aviation turbine fuel, Sulphur, and petroleum coke.

• Petrochemicals:

Reliance products have wide-spread applications for the healthcare, packaging, automotive, agriculture, and housing industries, among others. Their customer base spans the globe, providing cutting-edge petrochemical product including: polymers, aromatics, polyesters, elastomers and fiber intermediaries. Polymers are exported to more than 60 countries, serving the needs of the water and gas, transportation, agriculture, consumer durables, healthcare, housing and automotive industries.

• Textiles:

Naroda, Reliance’s signature plant, is manufacturing and marketing complex textile produfor use by the world-wide automotive, clothier and home textiles industries.

• Retail:

Reliance Retail launched in 2006 and is providing services and products to millions of farmers, consumers and vendors throughout the world. It is the largest retail outlet in India with more than 11 million square feet of retail space, offering everything from digital technologies, to apparel to furniture and fabrics.

• Reliance Jio:

Reliance Jio Infocomm Limited, popularly known as Jio, is an Indian mobile network operator that is owned by Reliance Industries and is headquartered in Mumbai, Maharashtra. It operates a national Long-Term Evolution (LTE) network technology with coverage across all 22 telecom circles. Jio does not offer 2G service or 3G service, and instead uses Voice over LTE (VoLTE) to provide voice service on the company’s network. The launch of Reliance Jio has caused a revolution in the Indian telecom industry on a level never seen before. Now, Jio claims to be the world’s largest data network, based on mobile data consumption. Further, Jio also disrupted other industries with the likes of Jio TV, Jio Phones with Jio Phone 3, Jio Fiber, etc.

Jio soft-launched on 27 December 2015 (the eve of what would have been the 83rd birthday of Reliance Industries founder Dhirubhai Ambani), with a beta launch for partners and employees, and became publicly available on 5 September 2016. As of 31st January 2019, it is the third-largest mobile network operator in India and the ninth-largest mobile network operator in the world with over 289.44 million subscribers.

Latest Quarterly results of Reliance Industries Ltd are shown below :

Data Source : The Economic Times (Markets)

Motilal Oswal Financial Services Limited, an Indian brokerage company, has recommended buying the stock of Reliance Industries Limited (RIL) with a target price of Rs. 2,900. The brokerage forecasts a +16 percent rise from the stock's current market price of Rs. 2500.

Reliance is ranked 96th in the 2020 ranking released by Fortune. This is the highest any Indian company has been ranked on the Fortune Global 500 list.

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Goals and habits are the two main variables in the success equation. While goals provide you with a sense of direction and help you focus, effective habits give you the mental discipline to reach your goals. If either variable is missing, the success equation simply doesn’t add up. Conversely, when you improve your goal setting skills and form good habits, success levels soar.