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Company Directory - Reliance Industries Ltd.

Company Details - Reliance Industries Ltd.

Reliance Industries Ltd. Logo

Reliance Industries Ltd.

Website

Mumbai, India

NSE: RELIANCE 

ISIN: INE002A01018

Reliance Industries Limited is a major conglomerate based in India, primarily engaged in various sectors including energy, petrochemicals, textiles, natural resources, retail, and telecommunications. It is well-known for pioneering various business advancements in India and holds a significant position in the telecommunications market through its subsidiary, Jio, which has transformed the digital landscape in the country.

CCI Score

CCI Score: Reliance Industries Ltd.

-12.69

0.06%

Latest Event

Reliance Industries Secures $2.98 Billion Loan Amid Trade Uncertainty

Reliance Industries Ltd. obtained a $2.98 billion-equivalent loan as global investors show renewed confidence in the Indian market during a period of tariff uncertainty driven by the Donald Trump administration. This financing move is seen as bolstering India's economic resilience amid global trade turbulence.

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ENABLER

Reliance Industries Ltd. is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Reliance Industries Secures $2.98 Billion Loan Amid Trade Uncertainty Logo
    MAY
    16
    2025

    Reliance Industries Ltd. obtained a $2.98 billion-equivalent loan as global investors show renewed confidence in the Indian market during a period of tariff uncertainty driven by the Donald Trump administration. This financing move is seen as bolstering India's economic resilience amid global trade turbulence.

  • Reliance Industries Ltd Lobbying Spending in 2024 Logo
    APR
    24
    2025

    Reliance Industries Ltd spent $485,000 on lobbying activities in 2024, according to OpenSecrets data from the Senate Office of Public Records, suggesting active corporate engagement in political influence that may favor corporate interests over democratic accountability.

  • -60

    Political Contributions and Lobbying Efforts

    May 16

    The expenditure of $485,000 on lobbying indicates that Reliance Industries Ltd is actively engaging in shaping political policies. From an anti-fascist perspective, such corporate political influence can undermine democratic processes and facilitate conditions that favor authoritarian practices.

    Reliance Industries Ltd Lobbying Profile

  • Reliance Unit Faces Fine for Missing Battery Cell Plant Deadline Logo
    MAR
    03
    2025

    A unit of Reliance Industries, Reliance New Energy, is reportedly at risk of a fine up to Rs 125 crore for failing to establish a battery cell plant under a government initiative aimed at reducing import dependence, as part of PM Narendra Modi’s push for local manufacturing.

  • -60

    Business Practices and Ethical Responsibility

    May 16

    Reliance New Energy's failure to meet the set milestone under a government-incentivized program undermines ethical business practices and commitments to local production. Missing the deadline not only risks a significant fine but also potentially damages public trust in supporting key national initiatives.

    Reliance Industries unit risks being fined up to Rs 125 crore; Know why

  • -50

    Economic and Structural Influence

    May 16

    The missed deadline disrupts the structural economic reforms, notably the Make in India initiative designed to reduce import dependence and bolster domestic manufacturing. This failure negatively impacts the company’s economic influence and its role in supporting national policy objectives.

    Reliance Industries unit risks being fined up to Rs 125 crore; Know why

  • Delhi HC rules against Reliance Industries in Gas Dispute Case Logo
    FEB
    17
    2025

    The Delhi High Court ruled in favor of the government in a gas dispute case, ordering Reliance Industries to pay $1.7bn over allegations of unjust enrichment for gas extracted from ONGC-adjacent blocks.

  • -70

    Business Practices and Ethical Responsibility

    May 16

    The court ruling against Reliance Industries for unjust enrichment reflects unethical business practices and a disregard for responsible resource management. This legal setback highlights problematic behavior by the company in its extraction practices, which undermines fair commercial conduct and public accountability.

    Delhi HC rules against Reliance Industries in $1.7bn gas dispute case

  • Delhi HC Ruling Highlights Unethical Practices in RIL Gas Extraction Dispute Logo
    FEB
    10
    2025

    The Delhi High Court ruled in favor of the government in a gas migration dispute arising from a 2000 production-sharing contract, with allegations that Reliance Industries engaged in practices leading to unjust enrichment through allegedly illegal gas extraction adjacent to ONGC’s fields. The judgment overturned a previous international arbitration award, raising serious questions about RIL's adherence to ethical business practices.

  • -60

    Business Practices and Ethical Responsibility

    May 16

    The court's ruling against RIL on grounds of public policy violations and unjust enrichment implies potential unethical business practices, raising concerns over the company’s compliance with ethical standards in its operations. This event reflects problematic business practices that can undermine trust in responsible corporate governance.

    EXPLAINER | Why govt wants $2.81 billion from Reliance Industries

  • Reliance Implements Strong Labor Rights Protections Logo
    MAR
    31
    2022

    The annual report from Reliance Industries indicates that nearly 100% of its non‐supervisory permanent employees are covered under collective bargaining agreements with trade unions, along with robust safety and anti-harassment measures. The report also notes no reported incidents of child labour, forced labour, or sexual harassment, and highlights extensive safety training initiatives.

  • +90

    Labor Relations and Human Rights Practices

    May 16

    Reliance’s comprehensive union coverage, adherence to national labor laws, proactive health and safety training, and established anti-harassment protocols demonstrate a strong commitment to labor rights and human welfare. These factors align with progressive, anti-fascist values supporting worker protections.

    Labours of Reliance are covered under the collective ... - India CSR

  • Reliance Enhances Employee Safety and Wellbeing Logo
    MAR
    31
    2022

    Reliance Industries Ltd. has released its Integrated Annual Report 2022 highlighting a comprehensive Health, Safety, and Environment (HSE) strategy. The report details initiatives such as a robust HSE framework, digital incident management systems, regular safety training, and significant investments (987 crores) in HSE measures aimed at ensuring a hazard-free working environment and zero incidents. These initiatives underscore the company’s commitment to prioritizing employee well-being and safe labor practices.

  • +80

    Labor Relations and Human Rights Practices

    May 16

    The report emphasizes exemplary labor relations and human rights practices through extensive health and safety measures, employee training, and proactive risk management. The commitment to ensuring safe and healthy working conditions reflects progressive business practices that advance worker rights, making it an anti-authoritarian move in terms of supporting employee welfare.

    Reliance Industries Ltd - Integrated Annual Report 2022 - 2023

  • Reliance Industries Resumes US Lobbying Logo
    FEB
    02
    2019

    Reliance Industries Ltd has resumed its lobbying efforts in the US by engaging new firm Eversheds Sutherland LLP, as revealed in recent Senate filings. The lobbying, which officially restarted on February 2, 2019, aims to influence US economic trade sanctions policies—an effort that echoes its previous lobbying activities before halting in 2013.

  • -60

    Political Contributions and Lobbying Efforts

    May 16

    Reliance Industries' decision to resume lobbying in the US shows a deliberate effort to shape policy in favor of its corporate interests. This strategy raises concerns of disproportionate corporate influence over democratic processes and public accountability, which aligns with authoritarian practices. The use of a new lobbyist underscores a renewed commitment to influencing US policymakers on issues like economic trade sanctions.

    Reliance Industries resumes lobbying in US power corridors, hires new lobbyist

  • RIL Halts US Lobbying Activity Logo
    JUN
    30
    2012

    Reliance Industries Ltd has not engaged in lobbying US lawmakers for the past three quarters, halting activity through its registered lobbyist BGR after previously spending over one million dollars, a move that reduces its political influence in the US.

  • +50

    Political Contributions and Lobbying Efforts

    May 16

    By ceasing its US lobbying activities for a third consecutive quarter, Reliance Industries is reducing its engagement in practices that can unduly influence US policymaking. This discontinuation, after previous significant spending on lobbying, is a positive step from an anti-authoritarian perspective as it limits corporate influence over political processes.

    RIL halts US lobbying for 3rd straight quarter - Business Standard

Corporate Financials

Revenue
2022
$92.60B
Total Assets
2022
$231.00B
Operating Income
2022
$12.85B
Total Equity
2022
$97.20B

Industries

211120
Crude Petroleum Extraction
324110
Petroleum Refineries
324121
Asphalt Paving Mixture and Block Manufacturing
325120
Industrial Gas Manufacturing
325199
All Other Basic Organic Chemical Manufacturing
424710
Petroleum Bulk Stations and Terminals