Transfin.
HomeNewsGuidesReadsPodcastsVideosTech
alt-img

How Much Do You Know About Reliance Industries Ltd (RIL) and Its Recent Investments?

alt-img
Editor, TRANSFIN.
May 6, 2020 10:43 AM 5 min play


Think "conglomerate" and one of the first companies that come to mind is probably Reliance Industries Limited (RIL). Reliance is India's largest company by revenue and also one of the most extensive. It owns businesses across the country and across sectors in energy, petrochemicals, textiles, natural resources, retail, telecommunications etc. It has also invested in a myriad of businesses and has received investments from a slew of multinationals.

 

The most popular of these investments came into being only in the past few months - Saudi Aramco, BP, Facebook and Silver Lake. Indeed, the past few months have been rather hectic for "India's foremost unicorn", considering its Chairman Mukesh Ambani's pitch for the company becoming net debt-free by March 2021, a target it seems to be en route to achieving.

 

So, noticing how business news headlines have been dominated by RIL and its ventures of late, we thought - why not have a Quiz Knock solely dedicated to RIL and its ventures?

 

Have you kept up with Mr. Ambani's manoeuvrings and followed the country's largest company on its long and eventful journey? Take this week's Quiz Knock and find out!

 

Here's what awaits you:

  1. Which company has invested ₹7,000cr ($933m) in an RIL business?
  2. In which of the following verticals has RIL made investments in?
  3. RIL has announced a massive Rights Issue this year, India's biggest ever at ₹53,125cr ($7 bn). Before this, when did RIL announce a Rights Issue?
  4. Among all of RIL's subsidiaries, Jio is probably the most famous (and omnipresent) one. As of May 5th 2020, which countries does Reliance Jio service? (Not counting international roaming.)
  5. A key step in RIL's plan to cut its debt was a deal to sell a 20% stake in its petrochemicals and refining businesses to Saudi Aramco for $15bn. What is the status of this deal, as of May 6th 2020?
  6. Which of these investments in an RIL business was announced at the highest enterprise value - i.e. Over $75bn?
  7. US private equity giant Silver Lake Partners recently bought a 1% stake in Jio Platforms for $750m. When compared to the price paid by Facebook for a 9.9% stake, on a per share basis, which of these statements is true?
  8. Reliance Retail has many kinds of stores - Fresh, Digital, Trendz, Footprint, Wellness etc. What is the name of its specialty store for selling books, music, stationery, toys and gifts?
  9. X is a smartphone manufacturing company and a subsidiary of Reliance Retail. Operated along with Jio, X manufactures 4G-enabled VoLTE Android smartphones. Identify X.
  10. Jamnagar Refinery is famous for being the world's largest oil refinery. What is the name of the township here that houses thousands of Reliance employees and their families?

FIN.

How did you fare? Really good? Could do better? Either way, there's never a wrong time to listen to a Business and Finance Podcast! Subscribe to our Podcast Newsletter and never miss a new episode.