Changes

Jump to: navigation, search

Timeline of Reliance Industries Limited

437 bytes removed, 20:02, 13 November 2019
no edit summary
| 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 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"/>
| 1998 || || Financial || RIL Total Assets cross Rs. 35,000 crore and revenues cross Rs. 14,000 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"/>
|-
| 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/>
| 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"/>
|-
| 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/>
62,434
edits

Navigation menu