Reliance Industries An Indian Family Business Comes of Age in Global Energy and Petrochemicals Kannan Ramaswamy 2012
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The author Kannan Ramaswamy presents a well-written case study on a famous Indian family business, Reliance Industries. While highlighting the importance of globalization, the author provides insights into the strategic choices made by Reliance. Ramaswamy’s writing is concise, and his tone is engaging throughout. While highlighting the author’s research and insights, it is also clear that Ramaswamy has taken time to understand the company in depth, and the research and insights are very authentic and grounded. about his There is also an
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“Round Rock Corporation (NYSE: ROCK) is pleased to report its third-quarter 2012 results, as well as the first three months of the year. Total sales in the third quarter totaled $2.4 billion, compared to $2.1 billion in the same quarter last year, and up 9.4 percent,” said Michael G. Burke, Chairman and CEO of Round Rock. “With a solid fourth-quarter performance, we expect fiscal 2012 annual revenues of approximately $10
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“Indian Oil Corporation Limited (IOC) is the largest producer of oil and gas in India with operations in all the major states. Apart from the regular oil and gas activities, IOC has also diversified its activities into petrochemicals and refining of refined petroleum products. The petrochemicals segment of IOC (Refiners’ Petrochemicals Limited, or RPL) is one of the largest integrated petrochemicals plants in the country. The facility is equipped with an average daily throughput of
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Reliance Industries: A Personal Memoir: Reflections of a Family Business, Kannan Ramaswamy, O.P. Jindal Institute of Higher Education and Research, 2012. The text material above is a personal narrative, written in third-person tense, that traces the history and success of the Reliance Group, a multinational conglomerate in India with a diversified array of assets including, but not limited to: oil, natural gas, telecom, petrochemicals, fertilizers
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Reliance Industries, an Indian family business, has come a long way from its modest oil-refining and chemicals-production roots. Now the company is a global player in the energy and petrochemicals sector, spanning the whole oil and gas value chain. It generates the bulk of its revenues from refining and marketing oil, and has a strong presence in the petrochemicals business through its diversified chemicals division. The company began as a refining and marketing venture, with operations primarily based in India, in the early
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Reliance Industries (RIL) is the world’s most valuable public company. It has become one of the most admired global brands through its extraordinary growth story and remarkable investments. Founded by Dhirubhai Ambani in 1966, the company started as a small textile manufacturing venture and now is one of the largest refining and petrochemical companies in the world. Reliance is known for its business acumen and innovation. In the 1980s and early 1990
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Reliance Industries Limited (RIL) is an Indian multinational conglomerate firm engaged in diverse businesses including oil and gas, petrochemicals, consumer goods, and telecommunications. Founded by Mukesh Ambani in 1966, RIL’s history, and trajectory has been a saga of ups and downs; the recent period marked by a spurt of growth in key businesses like gas, petrochemicals, and retail and a decline in its oil business, is the new norm