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Timeline of Reliance Industries Limited

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This is a '''timeline of {{w|Reliance Industries Limited}}''', an Indian multinational conglomerate owing businesses engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications.
==Big picture==
{| class="wikitable"
! Time period !! Development summary !! More details
|-
| 1958–1966 || The trading phase || Reliance Commercial Corporation (RCC) begins its business activities with the export of spices and other items to the {{w|Middle East}} and {{w|East Africa}}. In this phase, the company operates through partnership or proprietorship firms.<ref name="From “Outsider” to Insider: The Case of Reliance">{{cite web |title=From “Outsider” to Insider: The Case of Reliance |url=https://journals.openedition.org/samaj/4278#tocto2n1 |website=journals.openedition.org |accessdate=13 November 2019}}</ref>
|-
| 1966–1977 || First textile phase || Reliance organizational features change when first one and then a few other narrowly-held private limited companies are added to the group’s stable. Reliance Textiles is established and a number of textile companies are incorporated into the group. While exports are continued as a means of securing import entitlements, by the mid-seventies manufacturing and sales activity is mainly directed towards the domestic market. The group export earnings even decline, while the dependence on imports for production and expansion activity remains substantial.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 1977–1990 || Switch to petrochemicals || The principal group company becomes an extremely widely held public limited company, with a rapid proliferation in the number of companies in the group.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 1991-onwards || Liberal India || RIL business diversifies. In 1992 the company becomes the first Indian company to raise money in global markets. In 1995 the group enters the {{w|telecommunications}} industry. In 1998, RIL enters the {{w|healthcare}} sector. In 2006 RIL enters the organized retail segment through Reliance Retail. {{w|Reliance Jio}} is incorporated in 2007 and launches its services in 2015.
|-
|}
{| class="wikitable"
! Time period Decade !! Development summary
|-
| 1950s || In the late decade, {{w|Dhirajlal Hirachand Ambani}} in India establishes an import-export business, eventually focusing on the textile market, which would become Reliance Textiles.
| 1990s || Reliance Refineries is established in 1991, and launches its public offering in 1993. In 1997 Reliance Petroleum launches construction of India's largest oil refinery at {{w|Jamnagar}}. In 1999, the company wins a bid for 12 exploration blocks auctioned off by the {{w|Indian government}}.<ref name="referenceforbusiness.com"/>
|-
| 2000s || In 2002, Reliance locates the largest Indian natural gas field in decades. In the same year, Dhirubhai Ambani dies at age 69; . Reliance Petroleum merges into Reliance Industries. Following the acquisition of Germany's {{w|Trevira}} in 2004, RIL becomes the world's leading polyester manufacturer, with production levels topping 25 million meters per year.<ref name="referenceforbusiness.com"/> In 2006, Reliance Industries is broken up between the Ambani brothers.<ref name="referenceforbusiness.com"/>
|-
| 2010s || The company is ranked 106th on the {{w|Fortune Global 500}} list of the world's biggest corporations as of 2019.
! Year !! Month and date !! Event type !! Details
|-
| 1932 || || Prelude || {{w|Dhirajlal Hirachand Ambani}} is born to a lower middle class schoolteacher's family in {{w|Chorwad}}, {{w|Gujarat}}.<ref name="referenceforbusiness.com">{{cite web |title=Reliance Industries Ltd. |url=https://www.referenceforbusiness.com/history2/78/Reliance-Industries-Ltd.html |website=referenceforbusiness.com |accessdate=8 November 2019}}</ref>
|-
| 1948 || || Prelude || At the age of 16, instead of becoming a teacher himself as an alernative of not being able to afford university, Ambani travels to the port city of Aden where he begins working as a clerk at a service station. Ambani would remain in Aden for nearly ten years, rising to become Burmah Shell's marketing manager.<ref name="referenceforbusiness.com"/>
|-
| 1958 || || Early development || In the midst of a worsening political situation in Aden, Dhirajlal returns to India where he starts a yarn trading business from a small 500 square feet office in {{w|Mumbai}} that Ambani rents for two hours per day.<ref name="MAMMOTH">{{cite web |title=MAMMOTH ASPIRATIONS |url=https://www.ril.com/TheRelianceStory.aspx |website=ril.com |accessdate=8 November 2019}}</ref> Reliance Commercial Corporation is established in partnership with Champaklal Damani, Dhirajlal cousin. Initial exports include spices as well as fabrics.<ref name="referenceforbusiness.com"/><ref name="referenceforbusiness.com"/><ref name="RAICHAUDHURI">{{cite book |last1=RAICHAUDHURI |first1=ANJAN |title=MANAGING NEW VENTURES: CONCEPTS AND CASES IN ENTREPRENEURSHIP |url=https://books.google.com.ar/books?id=sFqQSBbn_x0C&pg=PA84&lpg=PA84&dq=Reliance+Commercial+Corporation&source=bl&ots=Sf1FayguQR&sig=ACfU3U32UFnCEJOp1Xmd3uCqIRcgwxlcWw&hl=en&sa=X&ved=2ahUKEwiu5LXpx9vlAhWhHrkGHZReAW0Q6AEwDnoECBEQAQ#v=onepage&q=Reliance%20Commercial%20Corporation&f=false}}</ref>
|-
| 1964 || || Facility || Dhirajlal establishes a textile factory in {{w|Naroda}} near {{w|Ahmenabad}}.<ref name="RAICHAUDHURI"/>
|-
| 1965 || || Leadership || Champaklal Damani and Dhirubhai Ambani end their partnership due to differences in business strategies.<ref name="RAICHAUDHURI"/>
|-
| 1966 || February 11 || Founding || Reliance Textiles Industries Pvt Ltd is founded by {{w|Dhirubhai Ambani}} in {{w|Bombay}}.<ref name="Reliance Industries Ltd"/><ref name="RELIANCE INDUSTRIES"/>
|-
| 1966 || || Facility || A synthetic fabrics mill is established at {{w|Naroda}} in {{w|Gujarat}}.<ref name="Reliance Industries Ltd"/>
|-
| 1966 || May 8 || Subsidiary || Reliance Textile Industries Ltd is incorporated in {{w|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 colour TV picture tubes.<ref name="Reliance Industries Ltd">{{cite web |title=Reliance Industries Ltd. Company History and Annual Growth Details |url=https://www.goodreturns.in/company/reliance-industries/history.html |website=goodreturns.in |accessdate=16 September 2019}}</ref>
|-
| 1966 || July 1 || Merger || Reliance Textile Industries Ltd, is amalgamated with Mynylon Ltd.<ref name="Reliance Industries Ltd"/>|-| 1969 || || Subsidiary || Reliance Exports is incorporated.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 1973 || May 8 || || RIL is incorporated.<ref name="RELIANCE INDUSTRIES"/>
|-
| 1973 || || Subsidiary || Reliance group incorporates Vimal Fabrics.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 1975 || June 28 || || RIL is converted into a public limited company.<ref name="Reliance Industries Ltd"/>
|-
| 1975 || October 15 || Subsidiary || Reliance group incorporates Anil Fabrics<ref name="From “Outsider” to Insider: The Case of Reliance"/><ref>{{cite web |title=ANIL FABRICS PRIVATE LIMITED |url=https://www.zaubacorp.com/company/ANIL-FABRICS-PRIVATE-LIMITED/U01110MH1975PTC018603 |website=zaubacorp.com |accessdate=13 November 2019}}</ref>, Dipti Textile Industries<ref>{{cite web |title=Dipti Textile Industries Private Limited |url=https://finpinch.com/in/company/details/dipti-textile-industries-private-limited/U18101MH1975PTC018602 |website=finpinch.com |accessdate=13 November 2019}}</ref>, and Nina Textile Industries.<ref>{{cite web |title=NINA TEXTILE INDUSTRIES PRIVATE LIMITED |url=https://economictimes.indiatimes.com/company/nina-textile-industries-private-limited-/U99999MH1975PTC018601 |website=economictimes.indiatimes.com |accessdate=13 November 2019}}</ref>|-| 1975–1976 || || Financial || Reliance group crosses the Rs. 20 crores (200 million) mark in terms of value of assets.<ref name="From “Outsider” to Insider: The Case of Reliance"/>|-| 1977 || March 11 || Renaming || The name of Mynylon Ltd changes to Reliance Textiles Industries Ltd. The company manufactures synthetic blended yarns and fabrics polyester filament yarn polyester staple fiber chemicals and allied products colour TV glass shells and colour TV picture tubes. Mynylon yarns are marketed under various brand names such as Texalit, Textron, Texlene, Poly dyed and polytwist. The fabrics are marketed under the brand name "VIMAL".<ref name="Reliance Industries Ltd"/>
|-
| 1977 || November || Financial || Reliance launches its {{w|Initial public offering}}, with {{w|Dhirubhai Ambani}} introducing {{w|equity}} cult in India, a new model of business leadership from a base of the broadest public shareholding.<ref name=Milestones>{{cite web |title=Major Milestones |url=http://www.ril.com/html/aboutus/major_milestones.html |website=RIL.com |accessdate=22 August 2013 |deadurl=yes |archiveurl=https://web.archive.org/web/20130817071250/http://www.ril.com/html/aboutus/major_milestones.html |archivedate=17 August 2013 |df=dmy-all }}</ref><ref name="Reliance Industries Ltd"/><ref name="MAMMOTH"/> The IPO, of 2.8 million shares, raise US$1.8 million, and is considered among the largest in India at the time.<ref name="referenceforbusiness.com"/> Read more: https://www.referenceforbusiness.com/history2/78/Reliance-Industries-Ltd.html#ixzz64hfpl7Nn
|-
| 1979 || || Facility || RIL establishes a texturizing/twisting facility, as well as plants for Polyester Staple Fiber (PSF) in 1986 and for Linear Alkyl Benzene (LAB) & Purified Terephthalic Acid (PTA) in 1988. "<ref name="Reliance Industries Ltd"/>
|-
| 1979 || || Merger || "During the year Sidhpur Mills Co. Ltd which has an installed capacity of 38,368 spindles and 490 looms was amalgamated amalgamates with the company. In terms of the scheme of amalgamation, the company was to issue and allot for every one equity share of Rs. 100 each of Sidhpur, 2 equity shares of Rs.10 each and one bond of Rs.80 of the companyRIL. "<ref name="Reliance Industries Ltd"/>
|-
| 1980 || || || Reliance Textiles Industries receives a letter to intent from the manufacture of 10,000 tons per annum of {{w|polyester}} filament yarn. Financial and technical collaboration is finalized with {{w|E. I. du Pont de Nemours and Company}}.<ref name="Reliance Industries Ltd"/>
| 1986 || || Product || RIL launches a project for the manufacture of {{w|linear alkylbenzene}} in technical collaboration with UOP Processes International Inc.<ref name="Reliance Industries Ltd"/>
|-
| 1986 || || Product || RIL commissions a {{w|polyester}} staple fiber (PSF) plant at {{w|Patalganga}}.<ref name=Milestones/> "Reliance commissioned Polyester Staple Fiber (PSF) plant at Patalganga."<ref name="ndtv.com"/>
|-
| 1986 || || Product || RIL starts operating a purified terephthalic acid plant at {{w|Patalganga}}.<ref name=Milestones/><ref name="ndtv.com"/><ref name="referenceforbusiness.com"/>
| 1988 || || Financial || RIL sales cross Rs. 1,000 crores mark.<ref name="ndtv.com"/>
|-
| 1991 || || Product || "Reliance commissioned RIL commissions phase–I of Hazira Petrochemicals Complex – consolidated its position , with the purpose manufacture {{w|high-density polyethylene}} and {{w|polyvinyl chloride}} at {{w|Hazira}}, {{w|Gujarat}}, in polyesters technical collaboration with {{w|DuPont}} and entered into attractive polymers business – started VCM and PVC plants[[w:Goodrich Corporation|BF Goodrich}} respectively."<ref name="ndtv.com"/> "The Hazira petrochemical plant was commissioned in 1991-92" <ref name="RELIANCE INDUSTRIES"/> "In 1991-92, RIL commissioned a petrochemicals unit to manufacture HDPE and PVC at Hazira, Gujarat, in technical collaboration with DuPont and BF Goodrich respectively."<ref name="Reliance Industries Ltd"/> "Reliance commissioned phase-I of Hazira Petrochemicals Complex - consolidated its position in polyesters and entered into attractive polymers business - started VCM and PVC plants."<ref name=Milestones/> "Reliance’s backward integration journey continues. The Hazira plant coming on stream in 1991 laid the foundation for Reliance becoming the world’s largest integrated producer of polyester."<ref name="MAMMOTH"/>
|-
| 1992 || || Product || RIL commences the production of {{w|high-density polyethylene}} (HDPE) at {{w|Hazira}}.<ref name=Milestones/><ref name="referenceforbusiness.com"/>
| 1992 || || Financial || RIL launches the first ever international {{w|Global Depositary Receipt}} offering by an Indian corporate.<ref name=Milestones/><ref name="RAICHAUDHURI"/>
|-
| 1993 || || Product || "The RIL {{w|polyester }} filament yarn (PFY) division introduced introduces two new products viz., Micro micro and multi-filament yearn. Several new and customized product range was ranges are introduced such as ultra-stabilized raffia grade, high flow injection moulding grade and high ESCR blow moulding grade."<ref name="Reliance Industries Ltd"/>
|-
| 1993 || || Financial || RIL pioneers by offering the first ever Euro Convertible Bond issue by an Indian company.<ref name=Milestones/> "Offered the first Euro Convertible bond issue "<ref name="ndtv.com"/>
|-
| 1993 || || Financial || Reliance Petroleum Limited public issues the largest public offering in India.<ref name=Milestones/>
| 1994 || || Product || RIL introduces its new product, Linear Low-Density Polyethylene Octene.<ref name="Reliance Industries Ltd"/>
|-
| 1994 || || Financial || "Reliance offered RIL offers the second Euro issue of {{w|Global Depository Receipt}}s (GDR").<ref name=Milestones/> " Offered the second Euro issue of GDR."<ref name="ndtv.com"/>
|-
| 1995 || || Facility || "During the year company commissioned RIL commissions a new Triethylene Glycol {{w|triethylene glycol}} (TEG) manufacturing factory with a capacity of 10,000 TPA to add value to Diethylene Glycol {{w|diethylene glycol}} (DEG), a by product from its Monoethylene Glucol monoethylene Glycol plant. TEG is an import substitute used in oil exploration, lubricants and speciality application."<ref name="Reliance Industries Ltd"/>
|-
| 1995 || || Product || "During the year company signed RIL signs a {{w|Memorandum of Understanding understanding}} with the Govt. {{w|Government of Assam }} for implementation of RAPL (Reliance Assam Petrochemicals Ltd.) for manufacture of 3,00,000 TPA of {{w|ethylene}}, 3,00,000 TPA of Polyethylene {{w|polyethylene}} and 65,000 TPA of Oxoalchol {{w|oxoalchol}} based on ethylene and propylene products from the gas cracker."<ref>{{cite web |title=Reliance Industries |url=https://www.moneycontrol.com/company-facts/relianceindustries/history/RI |website=moneycontrol.com |accessdate=13 November 2019}}</ref>
|-
| 1995 1995–1996 || || Joint venture || "Net profit crossed RIL enters the Rs 1,000 crore mark (Rs 1,065 crores or US$ 338 million), unparalleled telecom industry through a {{w|joint venture}} with {{w|NYNEX}} and promotes Reliance Telecom Private Limited in the Indian Private sector"{{w|India}}.<ref name=Milestones"RELIANCE INDUSTRIES"/>
|-
| 1995–1996 1996 || || Joint venture || EIL enters RIL becomes the telecom industry through a {{w|joint venture}} with {{w|NYNEX}} and promotes Reliance Telecom Private Limited in {{w|India}}first private sector company to be rated by international credit rating agencies.<ref name=Milestones/><ref name="RELIANCE INDUSTRIESndtv.com"/>
|-
| 1996 || || Financial || "Reliance became the first private sector company to be rated by international credit rating agenciesRIL net profit surpasses Rs. S&P rated BB+1, stable outlook000 crore (about US$ 317 million), constrained by an unparalleled milestone in the Sovereign CeilingIndian private sector. Moody's rated Baa3, Investment grade, constrained by the Sovereign Ceilings."<ref name=Milestones/> "Reliance became the first private sector company to be rated by international credit rating agenciesndtv. S&P rated BB+, stable outlook, constrained by the Sovereign Ceiling. Moody's rated Baa3, Investment grade, constrained by the Sovereign Ceilingscom"/><ref name="ndtv.com"Milestones/>
|-
| 1996 1996–1997 || || Financial || RIL net profit surpasses Rsbecomes the first Asian corporate to issue 50 and 100 years bonds in the US debt market.<ref>{{cite book |last1=GUPTA |first1=AMBRISH |title=PROJECT APPRAISAL AND FINANCING |url=https://books.1,000 crore (about US$ 317 million), an unparalleled milestone google.com.ar/books?id=QVrWDQAAQBAJ&pg=PA32&lpg=PA32&dq=RIL+becomes+the+first+corporate+in+Asia+to+issue+bonds+in +the Indian private sector+U.S+at+the+year+of+1996-97&source=bl&ots=nmF__bhoZC&sig=ACfU3U1Nx9WWFrUIXhYOOyJsEs-Hkml4tQ&hl=en&sa=X&ved=2ahUKEwiCkseY8trlAhXmEbkGHYfrCUoQ6AEwD3oECA4QAQ#v=onepage&q=RIL%20becomes%20the%20first%20corporate%20in%20Asia%20to%20issue%20bonds%20in%20the%20U.S%20at%20the%20year%20of%201996-97&f=false}}</ref><ref name="ndtv.comRELIANCE INDUSTRIES"/>
|-
| 1996–1997 1997 || || Financial || RIL becomes the first Asian corporate in Asia to issue 50 and 100 years bonds bond in the US United States debt market.<ref>{{cite book |last1name=GUPTA |first1=AMBRISH |title=PROJECT APPRAISAL AND FINANCING |url=https://books.google"ndtv.com.ar/books?id=QVrWDQAAQBAJ&pg=PA32&lpg=PA32&dq=RIL+becomes+the+first+corporate+in+Asia+to+issue+bonds+in+the+U.S+at+the+year+of+1996-97&source=bl&ots=nmF__bhoZC&sig=ACfU3U1Nx9WWFrUIXhYOOyJsEs-Hkml4tQ&hl=en&sa=X&ved=2ahUKEwiCkseY8trlAhXmEbkGHYfrCUoQ6AEwD3oECA4QAQ#v=onepage&q=RIL%20becomes%20the%20first%20corporate%20in%20Asia%20to%20issue%20bonds%20in%20the%20U.S%20at%20the%20year%20of%201996-97&f=false}}</ref><ref name="RELIANCE INDUSTRIES"/>|-| 1996–1997 || || || RIL becomes the first corporate in Asia to issue 50 and 100 years bond in US debt market"<ref name="RELIANCE INDUSTRIES"/>|-| 1997 || || Financial || RIL becomes the first corporate in Asia to issue 50 and 100 years bond in US debt market.<ref name="ndtv.com"/>
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| 1998 || || Product || RIL introduces packaged {{w|liquefied petroleum gas}} in 15 kg cylinders under the brand name Reliance Gas.<ref name="RELIANCE INDUSTRIES"/>
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| 1998 || || Business expansion || RIL enters the health-care sector with an initial investment of Rs.100 crore, and becomes joint trustee of Sir Hurkisondas Nurrotumdas Hospital at Charni Road in Mumbai.<ref name="Reliance Industries Ltd"/>
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| 1998 || || Recognition || {{w|Dhirubhai Ambani}} is awarded the Dean's Medal by the {{w|Wharton School of the University of Pennsylvania}}, for setting an outstanding example of leadership."<ref name=Milestones/>
|-
| 1998 || || Financial || "RIL Total Assets cross Rs. 35,000 crore (Rs. 35,445 crore) and Revenues revenues cross Rs. 14,000 crore (Rs. 14,115 crore)."<ref name="ndtv.com"/>
|-
| 1999 || || Gas discovery || "Yet the petroleum industry remained the company's major growth focus. In 1999, the The Indian government auctioned auctions off 25 blocks for oilfield exploration; bids were . Bids are given in the form of royalty percentage offers. Reliance won RIL wins 12 of the blocks and promptly set sets in place its own team of exploration experts, backed by oilfield services from Halliburton and Schlumberger. Reliance's The investment would quickly paid pay off with the discovery of natural gas reserves estimated at some 14 trillion cubic feet, the largest natural gas field discovered in India in decades, in the {{w|Krishna-Godavari Basin }} in the {{w|Bay of Bengal}}."<ref name="referenceforbusiness.com"/>
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| 1999 || || Facility || RIL commissions the world's largest 1.4 million tons per annum {{w|paraxylene}} (PX) plant at its new integrated petrochemicals complex at {{w|Jamnagar}}.<ref name="RELIANCE INDUSTRIES"/><ref name=Milestones/>
| 2001–2002 || || Recognition || {{w|Dhirubhai Ambani}} receives The Economic Times Award for Corporate Excellence for Lifetime Achievement.<ref name=Milestones/>
|-
| 2001–2002 || || Product || "Reliance signed MOU RIL signs a {{w|Memorandum of understanding}} with [[w:DuPont (1802–2017)|DuPont Polyester Technologies ]] to license the revolutionary resin technology NG-3 from DuPont. Reliance announced announces its plan for the expansion of PET {{w|polyethylene terephthalate}} capacity by 220,000 tonnes tons per year."<ref name=Milestones/>
|-
| 2002 || || || Reliance Petroleum Limited merge with Reliance Industries. As of date, this is the largest ever merger in India. Reliance Industries becomes the largest private sector company in the country on all major financial parameters including sales, profits, net worth, assets, and exports.<ref name=Milestones/><ref name="ndtv.com"/>
| 2004 || October || Recognition || RIL is recognized as India's Greenest private sector company amongst the private sector with an overall rank of number two in a BT–ACNielsen ORG-MARG survey of shareholder perception.<ref name="ndtv.com"/>
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| 2005 || || Financial || RIL launches a US$348 million [[w:Syndicated loan|syndicated term loan facility]], with aims at replacing existing high cost loans.<ref name="ndtv.com"/>
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| 2005 || June || Leadership || A bitter succession dispute takes place caused by conflict between Mukesh and Anil which would eventually lead to a separation in their management responsibilities.<ref name="Chatterjee">{{cite book |last1=Nankervis |first1=Alan R. |last2=Cooke |first2=Fang Lee |last3=Chatterjee |first3=Samir R. |last4=Warner |first4=Malcolm |title=New Models of Human Resource Management in China and India |url=https://books.google.com.ar/books?id=kZ1RkKE-_doC&pg=PA128&dq=%22reliance+group%22+%22in+2006..2018%22&hl=en&sa=X&ved=0ahUKEwjcrqLT4dvlAhW8GLkGHYSNCXkQ6AEIKTAA#v=onepage&q=%22reliance%20group%22%20%22in%202006..2018%22&f=false}}</ref>
| 2007 || October 18 || Financial || RIL becomes the first Indian company to breach US$100 billion market capitalization.<ref>{{cite web|url=https://timesofindia.indiatimes.com/business/india-business/tcs-breaches-100-billion-market-in-m-cap-first-indian-it-firm-to-do-so/articleshow/63882361.cms|title=TCS breaches $100 billion market in m-cap; first Indian IT firm to do so}}</ref><ref>{{cite web|url=https://timesofindia.indiatimes.com/business/india-business/tcs-market-cap-more-than-the-gdp-of-these-countries/articleshow/63894564.cms|title=TCS market-cap more than the GDP of these countries}}</ref>
|-
| 2007 || || Financial || RIL revenue crosses Rs. 100,000 crore mark, net Profit crosses Rs. 10,000 crore mark, and total assets cross Rs. 100,000 crore mark. Unparalleled , unparalleled in the Indian Private private sector. Exports cross Rs. 60,000 crore mark, 12% of India's total exports. RIL declares Dividend of 110%. Payout of Rs 1,440 Crore, highest in the Indian Private Sectorprivate sector.<ref name="ndtv.com"/>
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| 2008 || April || || RIL signs gas sales and purchase agreement with the customers in power sector for supply of natural gas to be produced from the [[w:Krishna Godavari Basin|KG-D6 block]].<ref name="RELIANCE INDUSTRIES"/>
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| 2008 || || Financial || "Revenue crossed RIL revenue crosses Rs. 130,000 crore mark (Rs. 139,269 crore, US$ 34.7 billion), Net Profit net profit crossed Rs. 15,000 crore mark (Rs. 19,458 crore, US$ 4.9 billion) and Total Assets crossed Rs. 140,000 crore mark (Rs. 149,839crore, US$ 37.3 billion), unparalleled in the Indian Private private sector. Exports crossed cross Rs. 80,000 crore mark (Rs. 83,492 crore, US$ 20.8 billion), 13.4% of India's total exports. RIL declares Dividend of 130%. Payout of Rs 1,631 Crore, highest in the Indian Private Sectorprivate sector."<ref name="ndtv.com"/>
|-
| 2008 || || Financial || RIL reaches an aggregated worth of approximately US$ 125 billion, around a hundred direct and many more affiliated companies, more than 80,000 global employees, and is structured as 'several hundred investment companies, satellite companies and trusts''.<ref name="Chatterjee"/>
|-
| 2009 || April 2 || || "From April 2 2009 the company commenced RIL commences production of hydrocarbons {{w|hydrocarbon}}s in its KGD6 block in the {{w|Krishna Godavari basin Basin}} with the production of sweet crude of 420 API."<ref name="RELIANCE INDUSTRIES"/> "In 2009, Reliance commences production of hydrocarbons in its KGD6 block - against all odds - in just over two years of its discovery, making it the world’s fastest green-field deepwater oil development project. With this development, Reliance completes an unprecedented backward integration journey."<ref name="MAMMOTH"/>
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| 2009 || || Recognition || American global management consulting firm {{w|A T Kearney}} lists RIL as one of the Top 25 Global Champion for 2009 which manages to outperform the competition in the midst of global financial meltdown.<ref name=Milestones/>
| 2010 || April || || RIL commissions a 1 MW solar Photo Voltaic power plant at {{w|Thyagaraj Sports Complex}} in {{w|New Delhi}}.<ref name="RELIANCE INDUSTRIES"/>
|-
| 2010 || June || Acquisition || "RIL acquires 95% stake in broadband service provider Infotel Broadband for Rs 4,800 crore.In June 2010 the company entered into an agreement to acquire asubstantial <ref>{{cite web |title=Reliance Industries buys 95% stake in Infotel Broadband Services (P) Ltd which emerged as asuccessful bidder for Rs 4,800 cr |url=https://economictimes.indiatimes.com/industry/telecom/reliance-industries-buys-95-stake-in all the 22 circles of the auction -infotel-broadband-for Broadband Wireless Access (BWA) Spectrum conducted by the DOT-rs-4800-cr/articleshow/6037260.cms |website=economictimes.indiatimes."com |accessdate=14 November 2019}}</ref><ref name="RELIANCE INDUSTRIES"/>
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| 2010 || August || Acquisition || RIL acquires the equity shares of EIH Ltd representing 14.12% from [[w:The Oberoi Group|Oberoi Hotels]] and certain other promoters at a total cost of Rs 1021 crore.<ref name="RELIANCE INDUSTRIES"/>
|-
| 2012 || May || || RIL selects American firm {{w|Fluor Corporation}} to perform project management services for its projects being executed at its {{w|Jamnagar}} refining and petrochemical complex in {{w|Gujarat}}.<ref>{{cite web |title=Reliance selects UK based Fluor for project management at its Jamnagar refinery |url=https://economictimes.indiatimes.com/industry/energy/oil-gas/reliance-selects-uk-based-fluor-for-project-management-at-its-jamnagar-refinery/articleshow/13082211.cms?from=mdr |website=economictimes.indiatimes.com |accessdate=17 September 2019}}</ref>
|-
| 2013 || January || Renaming || RIL owned Infotel Broadband Services is renamed Reliance Jio Infocomm. The subsidiary is the only company in India that is capable of providing {{w|4G}} services through the country because of its 20 MHz pan-India spectrum.<ref>{{cite web |title=RIL’s Infotel Broadband is now Reliance Jio Infocomm: Report |url=https://www.bgr.in/news/ril%E2%80%99s-infotel-broadband-is-now-reliance-jio-infocomm-report-265261/ |website=bgr.in |accessdate=14 November 2019}}</ref>
|-
| 2014 || May 29 || Acquisition || RIL acquires control in {{w|Network18 Media & Investments Limited}} (NW18) including its subsidiary [[w:TV18|TV18 Broadcast Ltd.]]<ref name="RELIANCE INDUSTRIES"/>
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