Reliance Group

Dhirajlal returns to India and starts a yarn trading business from a small office in Mumbai, partnering with Champaklal Damani. The business initially focuses on exporting spices and fabrics.

Dhirajlal establishes a textile factory in Naroda near Ahmedabad.

Champaklal Damani and Dhirubhai Ambani end their partnership due to differences in business strategies.

Reliance Textile Industries Ltd was incorporated in Karnataka state as a public limited company under the name Mynylon Ltd to manufacture synthetic blended yarns and fabrics, polyester filament yarn, polyester glass shells, and color TV picture tubes.

Reliance Textile Industries Ltd was amalgamated with Mynylon Ltd.

Reliance Exports was incorporated.

Reliance Exports was incorporated.

On June 28, 1975, RIL was converted into a public limited company, signifying a major transformation in its corporate structure.

On October 15, 1975, Reliance group incorporated Anil Fabrics, Dipti Textile Industries, and Nina Textile Industries as subsidiaries, expanding its business portfolio.

In 1977, Reliance made a significant shift towards petrochemicals, leading to a rapid increase in the number of companies within the group. This marked a pivotal change in the company's focus and operations.

In 1979, Sidhpur Mills amalgamated with RIL through a merger, contributing to the expansion and consolidation of RIL's operations.

In 1985, Reliance expanded into sectors adjacent to its textile business and became known as Reliance Industries Limited, marking a significant milestone in its growth and diversification.

In 1986, Reliance Industries Ltd. became a public company, marking a significant milestone in its history. This move helped RIL to raise capital and expand its operations.

In 1987, Reliance Petrochemical Limited is established, signifying the company's expansion into the petrochemical sector.

RIIL was incorporated in September 1988 as Chembur Patalganga Pipelines Limited with the objective of building and operating cross-country pipelines for transporting petroleum products. It later changed its name to Reliance Industrial Infrastructure Limited in March 1994.

Reliance Refineries is established in 1991.

Reliance Refineries launches its public offering in 1993.

In January, the company issued 82,50,000 14% secured redeemable non-convertible debentures of Rs.100 each on a private placement basis with financial institutions, banks/bodies corporate. Additionally, on 23rd January, the Company allotted 600,00,000 - 14% Secured redeemable non-Convertible debentures with detachable Warrants of Rs. 12.50 each.

In June, the Company allotted 995,75,915 No. of equity shares of Rs 10 each to the erstwhile shareholders of Reliance Polypropylene.

In 1996, Reliance Industries Limited (RIL) achieved a significant milestone as its net profit surpassed Rs.1,000 crore, marking an unparalleled achievement in the Indian private sector.

Reliance Petroleum launches construction of India's largest oil refinery at Jamnagar in 1997.

In 1998, Reliance Industries Limited (RIL) achieved a significant milestone as its total assets crossed Rs. 35,000 crore and revenues crossed Rs. 14,000 crore.

The company wins a bid for 12 exploration blocks auctioned off by the Indian government in 1999.

In 2001, Reliance Industries and Reliance Petroleum achieved the milestone of becoming the largest companies in India, marking a significant growth and dominance in the business sector.

On April 1, 2002, IPCL merged with RIL, with a swap ratio of 1:5.

RIL becomes the first Indian private sector company to record net profit of over Rs 4,000 crore in one financial year in 2003.

After the death of Dhirubhai Ambani, a feud between his two sons Mukesh Ambani and Anil Ambani led to the split of the Reliance empire. The deal was announced by their mother, Kokilaben, with Mukesh Ambani taking control of Reliance Industries and Anil Ambani gaining financial services businesses, power, entertainment, and telecoms.

Reliance Industries is a diversified conglomerate with business interests in petrochemicals, refining, oil & gas exploration, retail, and telecommunications.

In April 2007, Indian Petrochemicals Corporation Limited (IPCL) merges with RIL, leading to an expected increase in RIL's share capital from Rs 1,393.5 crore to Rs 1,453.6 crore.

On October 18, 2007, RIL achieves a significant milestone by becoming the first Indian company to breach US$100 billion market capitalization.

The merger of Reliance Petroleum Limited (RPL) with Reliance Industries Limited (RIL) enabled seamless integration of operational scale and financial synergies that existed between the two Companies.

In November 2009, Reliance Industries issued 1:1 bonus shares to its shareholders.

Jio Financial Services is a subsidiary of Reliance Industries, offering a wide range of financial products and services to individuals and businesses.

Reliance Industries Limited (RIL) takes over control of Network18 Media & Investments Limited and its subsidiary TV18 Broadcast Ltd.

RIL receives the 'energy Oscars' Platts Global Energy Award for its strong corporate social responsibility role.

Reliance Jio launches its services to the group’s 80,000-odd employees and close partners, marking a significant milestone in the company's expansion and reach.

On 28 October 2017, Reliance Group launched construction of a defense production unit in Mihan-SEZ region, as part of a joint venture with French major Dassault Aviation.

In 2018, Jio, a subsidiary of Reliance Industries, ranked no. 1 for most innovative companies in India and announced a new Postpaid offering.

On 16 July 2020, Google announced the acquisition of a 7.7% stake in Jio Platforms for ₹33,737 crore.

In December 2022, Reliance Industries Market cap stood at Rs.17,59,017.23 crore.

In March 2024, Reliance Industries partnered with Disney to introduce Reliance-Disney OTT platform.