Image Credits - Ace Equity Research
Reliance Industries, owned by Mukesh Ambani, has a market capitalization exceeding Rs 19 lakh crore. Concurrently, Mukesh Ambani, as a chairman at the helm, is not only India’s wealthiest individual but also Asia’s richest person, with a net worth of $107 billion. The Reliance Group of Companies was founded by Mukesh Ambani’s father Dhirubhai Ambani in the year 1973.
Here’s a list of companies that come under Mukesh Ambani’s Rs 19 lakh crore empire:
Reliance Industries Limited
Reliance Industries Limited was founded in the year 1973 by Dirubhai Ambani. It is headquartered in Mumbai and has a diverse range of businesses spanning from the energy sector to telecommunications, mass media, entertainment, textiles, etc. It has the highest market capitalization and comes under the Nifty50 Index. The revenue of Reliance Industries Limited is around Rs 9.75 lakh crores.
Network18 Media & Investments Ltd
Network 18Media, also known as the Network18 Group is a media conglomerate owned by Mukesh Ambani. It holds all the media-based companies of the Reliance Groups. It works in broadcasting, digital content, e-movies, magazines and a lot more media content. It also operates some of the well-known brands in the industry such as moneycontrol.com, Colors TV, MTV, etc.
Just Dial
Reliance Retail purchased Just Dial in 2021, a renowned advertising agency serving companies all over India, thereby increasing Ambani’s influence in the digital advertising market. Comparably, the Reliance Group’s acquisitions of Hathway Cable & Datacom Limited and Den Networks Limited strengthened the conglomerate’s position in broadband and digital TV services.
Hathway Cable and DataCom Limited
Bhawani Hathway In India, Cabletel offers broadband internet access and cable television networks. Under the name Hathway Bhawani Cinema, it also runs an entertainment channel that focuses on films. It was primarily purchased to increase the digital visibility of Reliance Jio apps.
DEN Networks Limited
The top provider of digital cable services in India is Den Network. In the year 2018, the Reliance Group purchased it. With its headquarters located in New Delhi, DEN is well-established in the strategically and economically significant Hindi Speaking Markets (HSM) and has a prominent presence in Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh, and Uttarakhand.
Reliance Industrial Infrastructure
Mumbai-based Reliance Industrial Infrastructure Limited was formerly known as Chembur Patalganga Pipelines Limited. It is an industrial infrastructure company. It belongs to Reliance Industries and provides IT consulting services and leases equipment.
Reliance Jio
Reliance Jio, a telecom company was established in Ahmadabad, Gujarat, in 2007. This company is operating under the Jio brand. It belongs to the Reliance Group as a subsidiary. It is Jio Platforms subsidiary with its headquarters located in Navi Mumbai, Maharashtra. With coverage in all 22 telecom circles, it runs a nationwide LTE network. Jio provides 5G services in several cities and 4G and 4G+ services throughout India. It is developing a 6G service.
Jio Platforms Limited
Jio Platforms is a technology company that is a part of the Reliance Jio Infocomm holding company and the Reliance group. Numerous tech behemoths, including Google, Meta Platforms, Intel, Qualcomm, and numerous other technical and non-technical businesses, have invested in this company.
Reliance Retail Limited
Within the group, Reliance Retail is the retail arm of the Reliance Group, handling retail sales. Reliance Digital, Reliance Fresh, Ajio, and Jio Mart are all owned by this company.
Dhirubhai Ambani’s dream at the time was to found the biggest company in India has come true with Reliance Group now, more than 60 years later, establishing its presence in a variety of industries, including retail, digital services, media & entertainment, petrochemicals, energy, oil and gas exploration and production, refining and marketing, textiles, polymers, polyesters, and fibre aromatics.
