More than 155 branches and franchisees are fully wired and connected to hub at

More than 155 branches and franchisees are fully

This preview shows page 24 - 28 out of 62 pages.

More than 155 branches and franchisees are fully wired and connected to hub at corporate office at Mumbai. Add on branches also will be wired and connected to central hub. Web enabled connectivity and software in place for net trading. More than 80 operative ID’s for dealing room. State of Art accounting and billing system, on line risk management system in place with 100% redundancy back up.In house technology back up team to ensure un-interrupted connectivity.
Image of page 24
RELIANCE GROUP The Reliance group founded by DHIRUBAI.H.AMBANI (1932-2002) is India’s largest business house with total revenues of over RS99, 000cr (US$22.6bn) and exports of RS15, 900cr (US$63.6bn).The group’s activities span exploration and production of oil and gas refining and marketing, petrochemicals (polyester, polymer and intermediates and textiles, financial services, insurances, power telecom and infocomm initiatives. The group exports its products to more than 100 countries in the world. Reliance emerged as Indians most admired business house, for the third successive year in a TNS survey. Reliance group revenue is equivalent to about 3.5% of India’s GDP. The group contributes nearly 10% of country’s indirect tax revenues and over 6% of India’s export. Reliance is trusted by an investor family of over 3.1 million Indian customers. THE GROUP CONTRIBUTION 5% of India’s total exports 10% of government of India’s indirect tax revenues
Image of page 25
Reliance Industries limited alone accounts for o 30% of the total profits of the private sector in India. o 10% of the profits of the entire corporate sector in India. o 7% of total market capitalization in India o Weight age of 15% in BSE sensex o Weight age of 12% in nifty Index. Giving Indian market deriving over 80% of its revenues from the domestic market. Reliance Industries Limited Reliance Industries Limited is India’s largest private sector company on all Major financial parameters with gross turnover of RS74, 418cr (US$17bn), cash profit of RS 9,197cr (US$2.1bn) and total assets of RS71157cr (US$16.3bn) Reliance industries limited emerged as the only Indian company among the global companies that create most value for their share holders published by the Financial Times based on a global survey and research conducted by price water house coopers in 2004.Reliance industries limited features in the Forbes global lost of worlds 400 best bog companies and in FT global 500 list of the world’s largest company. Reliance Industries limited emerged as the best managed company in India in a study business today and A.T. Kearney in 2003. The company emerged India’s largest wealth creator in the private sector over 5 yrs periods in a study by business today Stern Stewart in the yr 2004.
Image of page 26
All its production facilities have a common feature global scale operations employing state of the art technology in the respective fields. The reliance group has also ventured in Power, Telecom and Infocom areas thus truly emerging as a well diversified conglomerate with the global competence in Technology, Management and Financial capabilities to meet the needs of the rapidly growing Indian context.With
Image of page 27
Image of page 28

You've reached the end of your free preview.

Want to read all 62 pages?

  • Summer '17
  • javed

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture