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Founded | 2010 |
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Founder | [1] |
Type | non-profit organization |
Focus | |
Location | |
Owner | Reliance Industries |
Key people |
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Website | reliancefoundation.org |
Formerly called | Dhirubhai Ambani Foundation |
Reliance Foundation is an Indian non-profit organisation which was founded in 2010 by Mukesh Ambani. It is wholly owned by Reliance Industries Limited [2] and is one of the largest non-profit foundations in the country. [3]
Reliance Foundation was formerly known as Dhirubhai Ambani Foundation. [4] It was founded in 2010 by Mukesh Ambani, chairperson of Reliance Industries. [1]
The foundation's objective is to promote sustainable growth in India. [5] [6] It does so in the following spheres:
The foundation also works with other philanthropies and NGOs on collaborative initiatives, for example in 2012 partnering with the television show Satyamev Jayate to provide a grant to Muktangan Rehabilitation Centre in Mumbai to help street children. [19]
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.
Ambani is a Gujarati surname found in the Indian State of Gujarat.
Dhirubhai Ambani was an Indian businessman who founded Reliance Industries in 1958. Ambani took Reliance public in 1977. In 2016, he was honoured posthumously with the Padma Vibhushan, India's second-highest civilian honour for his contributions to trade and industry. Ambani faced numerous accusations of market manipulation, tax evasion, and cronyism.
Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and managing director of Reliance Industries. With an estimated net worth of $113.7 billion as of March 2024, he is the richest person in Asia and 11th richest in the world. Sometimes characterized as a plutocrat, he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation.
Anil Dhirubhai Ambani is an Indian businessman, chairman and managing director of Reliance Group. The Reliance Group was created in July 2006 following a demerger from Reliance Industries Limited. He led several stocks listed corporations including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications.
Tina Ambani is a former Indian actress. She is married to Anil Ambani, chairman of Reliance Group. She was one of the leading actresses of the hindi film industry during the late 70s and 80s. She is actively involved in many foundations and charities. Many of these were established in the memory of her in-laws, Dhirubhai and Kokilaben Ambani. Her work ranges from elder care to promotion of Indian art.
Ajay Gopikisan Piramal is an Indian billionaire businessman, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. As of September 2022, his net worth was estimated at US$3 billion.
Bombay Dyeing & Manufacturing Company Limited is an Indian textile company headquartered in Mumbai, India. It operates as a subsidiary of the Wadia Group and is one of India's largest producers of textiles.
The Dhirubhai Ambani International School (DAIS) is a private co-educational LKG-15 dayschool in Mumbai, Maharashtra, India, built by Reliance Industries, named after the late patriarch of the conglomerate, Dhirubhai Ambani. The school was established in 2003 and has been an IB World School since January 2003. It offers the International Baccalaureate Program in its Diploma form. Nita Ambani, wife of Mukesh Ambani is the chairperson of the school.
Reliance Group is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance Health. The group provides financial services, construction, entertainment, power, health care, manufacturing, defence, aviation, and transportation services.
Viacom18 Media Private Limited is an Indian media company based in Mumbai, India. Founded in 2007 by the MTV Networks Europe division, it later became a joint venture between TV18 and Viacom in 2014, with TV18 becoming the majority shareholder in the company since April 2023, with Paramount Networks EMEAA and Bodhi Tree Systems owning minority stakes. The company owns and operates various channels, as well as content production studios in India.
Relicord is an initiative by the Reliance Industries in the field of biotechnological advancement. It is established as a part of the subsidiary of Reliance Industries, Reliance Life Sciences.
Hill Grange High School was a private school for boys and girls located on Pedder Road, Mumbai, Maharashtra, India.
The Polyester Prince: The Rise of Dhirubhai Ambani is an unauthorised biography of the Indian business tycoon and founder of Reliance Industries Limited (RIL) Dhirubhai Ambani by Hamish McDonald, an Australian journalist and author. This book was published in 1998 in Australia by Allen & Unwin but never published in India.
Parimal Dhirajlal Nathwani is an Indian politician and industrialist. He is a M.P, Rajya Sabha from Andhra Pradesh since the 2020 Rajya Sabha elections, previously serving as a Rajya Sabha MP for Jharkhand from 2008-2020.
Jio is an indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai, Maharashtra. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India and 5G service almost All Over India. Its 6G service is in the works.
Nita Ambani is an Indian philanthropist and businesswoman. She is the chairperson and founder of the Reliance Foundation, Dhirubhai Ambani International School and a director of Reliance Industries. She is married to Reliance Industries chairman and managing director Mukesh Ambani. With a family fortune estimated in excess of US$117.8 billion, the Ambanis are among the richest in the world. She is also an art collector and the owner of the Indian Premier League cricket team Mumbai Indians.
Panda Madhusudana Siva Prasad is an engineer by profession and is the present Executive Director of Reliance Industries. He is the senior most individual in the Reliance Industries day-to-day operations corporate organizational chart excluding Chairman Mukesh Ambani. PMS Prasad has also served as the Chief Executive Officer of Reliance Petroleum Limited.
Reliance Foundation Youth Sports (RFYS) is a program spearheaded by the Reliance Foundation, the non-profit and CSR arm of Reliance Industries. It focuses on promoting youth sports in India, particularly at the school and collegiate levels. Currently eight cities are participating in this initiative, with the long-term goal of creating a sports association similar to the NCAA in the United States. In 2015, Reliance Foundation also launched Reliance Foundation Young Champs (RFYC), a program to develop football talent in India. The program is linked to the eight cities participating in the Indian Super League, and the respective teams conduct grassroots initiatives to support RFYC.
The Nita Mukesh Ambani Cultural Centre (NMACC) is a performing arts and multi-disciplinary cultural and exhibition space located in the city of Mumbai, India, that opened on 31 March 2023. The center was founded by Nita Ambani, philanthropist and chairperson of the Reliance Foundation, to "preserve and promote Indian arts." It is part of the Jio World Centre complex in the Bandra Kurla Complex of Mumbai.