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Timeline of Reliance Industries Limited

469 bytes added, 13:28, 7 November 2019
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| 2011 || April || || RIL announces a rich {{w|natural gas}} discovery in the very first well it drilled on a deep sea block in the {{w|Cauvery}} basin.<ref name=Milestones/><ref>{{cite web |title=RIL finds gas in first well it drilled in Cauvery basin |url=https://economictimes.indiatimes.com/industry/energy/oil-gas/ril-finds-gas-in-first-well-it-drilled-in-cauvery-basin/articleshow/8048439.cms?from=mdr |website=economictimes.indiatimes.com |accessdate=7 November 2019}}</ref><ref>{{cite web |title=Reliance Reports Significant Gas and Condensate Discovery Offshore India |url=https://www.offshoreenergytoday.com/reliance-reports-significant-gas-and-condensate-discovery-offshore-india/ |website=offshoreenergytoday.com |accessdate=7 November 2019}}</ref>
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| 2011 || June 10 || Acquisition || RIL and its associate Reliance Industrial Infrastructure Ltd enter into an agreement with {{w|Bharti Enterprises}} for acquiring Bharti's shareholding of 74% in Bharti Axa Life Insurance Co Ltd and Bharti Axa General Insurance Co Ltd. <ref name="RELIANCE INDUSTRIES"/>
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| 2011 || September || || Reliance Security Solutions Ltd, a subsidiary of the company Siemens Ltd, sign a {{w|memorandum of understanding}} to jointly develop Homeland Security Solutions for Highways in India.<ref name="RELIANCE INDUSTRIES"/>
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| 2011 || November || Joint venture || "In November 2011 RIL and {{w|British Petroleum}} announce the company and BP incorporated incorporation of India Gas Solutions Pvt Ltd a 50:50 , an equal-equity joint venture company which will focus aimed at focusing on {{w|global sourcing }} and marketing of {{w|natural gas }} in India. "<ref name>{{cite web |title="RIL Forms 50:50 Gas Sourcing & Marketing JV With BP |url=https://www.vccircle.com/ril-forms-5050-gas-sourcing-marketing-jv-bp/ |website=vccircle.com |accessdate=7 November 2019}}</ref><ref>{{cite web |title=BP AND RELIANCE INDUSTRIES"ANNOUNCE INCORPORATION OF INDIA GAS SOLUTIONS PVT. LTD. |url=https://www.bp.com/content/dam/bp-country/en_in/india/documents/JV%20announcement%20press%20release.pdf |website=bp.com |accessdate=7 November 2019}}</ref>
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| 2011 || || Financial || "Revenue crossed Rs. 2,50,000 crore mark (Rs. 2,58,651 crore, US$ 58.0 billion), Net Profit crossed Rs. 20,000 crore mark (Rs. 20,286 crore, US$ 4.5 billion) and Total Assets crossed Rs. 2,80,000 crore mark (Rs. 2,84,719 crore, US$ 63.8 billion), unparalleled in the Indian Private sector. Exports crossed Rs. 1,40,000 crore mark (Rs. 1,46,667 crore, US$ 32.9 billion), 13.4% of India's total exports. RIL declares Dividend of 80%. Payout of Rs 2,385 Crore, one of the highest in the Indian Private Sector."<ref name="ndtv.com"/>
| 2013 || || || "RIL signed a US$ 2 billion equivalent loan with nine banks covered by Euler Hermes Deutschland AG. The loan will be primarily used to finance goods and services procured from German suppliers as part of RIL's petrochemicals expansion projects at Jamnagar, Hazira, Silvassa and Dahej in India."<ref name="ndtv.com"/>
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| 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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| 2014 || December 9 || Joint venture || " On 9 December 2014 RIL announced the formation of announces a joint venture with China's {{w|Shandong Ruyi Science and Technology Group Co. Ltd China (`Ruyi') (through its wholly owned subsidiary) }} for RIL's textiles business which operates under the Vimal brand."<ref name="RELIANCE INDUSTRIES"/>
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| 2015 || December || Recognition || "Reliance Industries RIL wins 'energy Oscars' Platts Global Energy Award for robust CSR {{w|corporate social responsibility}} role".<ref>{{cite web |title=Reliance Industries wins 'energy Oscars' Platts Global Energy Award for robust CSR role |url=https://www.firstpost.com/business/reliance-industries-wins-energy-oscars-platts-global-energy-award-for-robust-csr-role-2541012.html |website=firstpost.com |accessdate=17 September 2019}}</ref>
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| 2016 || April || || "Reliance Jio has announced the launch of the Bay of Bengal Gateway (BBG), a 8,100 km cable system that will provide high speed connectivity to South East Asia and the Middle East. This would then link to Europe, Africa and Far East Asia via interconnection with existing cable systems"<ref>{{cite web |last1=Pacheco |first1=Shrey |title=RELIANCE LAUNCHES 8,100 KM LONG BBG CABLE SYSTEM |url=https://www.digit.in/news/telecom/reliance-launches-8100-km-long-bbg-cable-system-29832.html |website=digit.in |accessdate=17 September 2019}}</ref>
| 2016 || September || || "RIL's wholly owned subsidiary Reliance Jio Infocomm announced the commencement of telecom services with `Jio Welcome Offer' in September 2016. "<ref name="RELIANCE INDUSTRIES"/>
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| 2016 || November 17 || || "On 17 November 2016 RIL and GE announced {{w|General Electric}} announce the signing of a global partnership agreement in the {{w|Industrial IOT internet of things}} (IIOT) space to provide Industrial IOT solutions to customers in oil & gas fertilizer power healthcare telecom and other industries."<ref name="RELIANCE INDUSTRIES"/>
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| 2017 || September || Acquisition || " In September 2017 RIL won wins the bid to acquire the assets of [[w:Kemrock|Kemrock Industries & and Exports Limited ]] of {{w|Vadodara }} ({{w|Gujarat}}) as a part of its efforts to enter the composites business."<ref name="RELIANCE INDUSTRIES"/>
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| 2017 || || || Reliance Retail crosses US$5 billion revenue mark.<ref name="RELIANCE INDUSTRIES"/>
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