Difference between revisions of "Timeline of Reliance Industries Limited"

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| 2011 || February || || ". In February 2011 the company entered into a strategic partnership with BP which comprises BP taking a 30% stake in 23 oil and gas production sharing contracts that the company operates in India for a consideration of USD 7.20 billion and the formation of a 50:50 joing venture between the two companies for the sourcing and marketing of gas in India. "<ref name="RELIANCE INDUSTRIES"/>
 
| 2011 || February || || ". In February 2011 the company entered into a strategic partnership with BP which comprises BP taking a 30% stake in 23 oil and gas production sharing contracts that the company operates in India for a consideration of USD 7.20 billion and the formation of a 50:50 joing venture between the two companies for the sourcing and marketing of gas in India. "<ref name="RELIANCE INDUSTRIES"/>
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| 2011 || March || || " In March 2011 the company and D E Shaw Group agreed to establish a joint venture to build a leading financial services business in India. This joint venture will incorporate the D E Shaw Group's investment and technology expertise with the company's operational knowledge and extensive presence across India to offer a comprehensive array of financial services to the Indian marketplace."<ref name="RELIANCE INDUSTRIES"/>
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| 2011 || June 10 || || "In June 10 2011 the company and their associate Reliance Industrial Infrastructure Ltd entered into an agreement with 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 || || "In September 2011 Reliance Security Solutions Ltd a subsidiary of the company Siemens Ltd signed an MoU to jointly develop Homeland Security Solutions for Highways in India."<ref name="RELIANCE INDUSTRIES"/>
 
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| 2017 || || || " In 2017 Reliance Retail crossed $5 billion revenue mark. "<ref name="RELIANCE INDUSTRIES"/>
 
| 2017 || || || " In 2017 Reliance Retail crossed $5 billion revenue mark. "<ref name="RELIANCE INDUSTRIES"/>
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| 2017 || June 15 || || "On 15 June 2017 RIL and BP announced that they are moving forward to develop the `R-Series' deep water gas fields in Block KGD6 off the east coast of India as first of three that are expected to be developed in an integrated manner producing from about 3 trillion cubic feet of discovered gas resources."<ref name="RELIANCE INDUSTRIES"/>
 
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Revision as of 10:04, 16 September 2019

This is a timeline of FIXME.

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Time period Development summary More details

Full timeline

Year Month and date Event type Details
1966 "In the year 1966 the RIL was founded by Shri Dhirubhai H.Ambani it was started as a small textile manufacturer unit. "[1]
1973 "In May 8 1973 RIL was incorporated and conformed their name as RIL in the year 1985."
1979 ". The company has set up a texturising / twisting facilities in 1979 RIL has also set up plants for Polyester Staple Fiber (PSF) in 1986 and for Linear Alkyl Benzene (LAB) & Purified Terephthalic Acid (PTA) in 1988. "
1985 "In May 8 1973 RIL was incorporated and conformed their name as RIL in the year 1985."[1]
1986 "In May 8 1973 RIL was incorporated and conformed their name as RIL in the year 1985."[1]
1988 "In May 8 1973 RIL was incorporated and conformed their name as RIL in the year 1985."[1]
1991–1992 "The Hazira petrochemical plant was commissioned in 1991-92"[1]
1995–1996 "In the year 1995-96 the company entered the telecom industry through a joint venture with NYNEX USA and promoted Reliance Telecom Private Limited in India."[1]
1996–1997 "Reliance became the first corporate in Asia to issue bonds in the U.S at the year of 1996-97."[1]
1998 " In 1998-99 RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas."[1]
1999 "In 1999-2000 RIL commissioned the world's largest 1.4 million tonnes per annum Paraxylene (PX) plant at its new integrated petrochemicals complex at Jamnagar which was planned at 1997-98. "[1]
2000 "In 2000 Reliance commissioned the world's largest grassroots refinery in Jamnagar in a record 36 months. "[1]
2004 "In 2004 Reliance Industries (RIL) became the first Indian private sector organisation to be listed in the Fortune Global 500 list."[1]
2004 "In 2004-05 RIL acquired the polyester major Trevira GmbH headquartered in Frankfurt Germany which has the capacity of 130000 tonnes per annum of polyester staple fibers polyester filament yarns and polyester chips. "[1]
2006 " In the year 2006 the company set up a new export-oriented refinery through its subsidiary Reliance Petroleum Limited (RPL). "[1]
2006 " In 2006 RIL entered the organised retail segment through Reliance Retail with its first Reliance Fresh store in Hyderabad."[1]
2007 "In the year 2007 Indian Petrochemicals Corporation Limited (IPCL) merged with the company."[1]
2007 "During the year 2007-08 the company signed an agreement to certain polyester (capacity) assets of Hualon Malaysia. "[1]
2008 April "In April 2008 the company signed gas sales and purchase agreement (GSPA) with the customers in power sector for supply of natural gas to be produced from the KG-D6 block."[1]
2009 April 2 "From April 2 2009 the company commenced production of hydrocarbons in its KGD6 block in the Krishna Godavari basin with the production of sweet crude of 420 API."[1]
2010 April "In April 2010 the company commissioned a 1 MW solar Photo Voltaic power plant at Thyagaraj stadium in New Delhi."[1]
2010 June ".In June 2010 the company entered into an agreement to acquire asubstantial stake in Infotel Broadband Services (P) Ltd which emerged as asuccessful bidder in all the 22 circles of the auction for Broadband Wireless Access (BWA) Spectrum conducted by the DOT."[1]
2010 August "In August 2010 the company through their subsidiary Reliance Industries Investment and Holding Pvt Ltd acquired the equity shares of EIH Ltd representing 14.12% from Oberoi Hotels Pvt Ltd and certain other promoters at a total cost of Rs 1021 crore."[1]
2010 December "In December 2010 the company entered into a joint venture agreement with Russian petrochemical company SIBUR for the production of butyl rubber in India."[1]
2011 January "In January 2011 the company's wholly owned subsidiary Reliance Ventures Ltd entered into an agreement with Infrastructure Leasing and Financial Services Ltd whereby IL&FS will become a strategic partner and co-promoter of a project which intends to develop a model economic township and other infrastructure facilities at Jhajjar in Haryana."[1]
2011 February ". In February 2011 the company entered into a strategic partnership with BP which comprises BP taking a 30% stake in 23 oil and gas production sharing contracts that the company operates in India for a consideration of USD 7.20 billion and the formation of a 50:50 joing venture between the two companies for the sourcing and marketing of gas in India. "[1]
2011 March " In March 2011 the company and D E Shaw Group agreed to establish a joint venture to build a leading financial services business in India. This joint venture will incorporate the D E Shaw Group's investment and technology expertise with the company's operational knowledge and extensive presence across India to offer a comprehensive array of financial services to the Indian marketplace."[1]
2011 June 10 "In June 10 2011 the company and their associate Reliance Industrial Infrastructure Ltd entered into an agreement with Bharti Enterprises for acquiring Bharti's shareholding of 74% in Bharti Axa Life Insurance Co Ltd and Bharti Axa General Insurance Co Ltd. "[1]
2011 September "In September 2011 Reliance Security Solutions Ltd a subsidiary of the company Siemens Ltd signed an MoU to jointly develop Homeland Security Solutions for Highways in India."[1]
2017 " In 2017 Reliance Retail crossed $5 billion revenue mark. "[1]
2017 June 15 "On 15 June 2017 RIL and BP announced that they are moving forward to develop the `R-Series' deep water gas fields in Block KGD6 off the east coast of India as first of three that are expected to be developed in an integrated manner producing from about 3 trillion cubic feet of discovered gas resources."[1]

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