ETHICAL PRACTICES BY RELIANCE INDUSTRIES LIMITED

                   Reliance Industries Limited


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  • Reliance Industries Limited is an Indian Multinational Conglomerate headquartered in Mumbai, Maharastra . Reliance owns Businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India.he largest publicly traded company in India by market capitalization.
  • Reliance Industries became the first Indian company to exceed $100 billion market capitalization.
  • The company is ranked 106th on the Fortune Global 500 list of the world's biggest corporations as of 2019.
  • Reliance continues to be India's largest exporter, accounting for 8% of India's total merchandise exports with a value of Rs 147,755 crore and access to markets in 108 countries.
  • Reliance is responsible for almost 5% of the government of India's total revenues from customs and excise duty. It is also the highest income tax payer in the private sector in India.
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Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionare business magnate, and the chairman, managing director, and largest shareholder of Reliance Industries Limited. 
                                                              According to Forbes Magazine, he is the richest man in Asia and                                                                  the 10th richest person in the world as of December 2019.








             MUKESH AMBANI
             ( Chairman and MD)



The Responsibilities that Reliance undertakes for serving the Ethical practices
 :



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  • Honesty
  • Integrity
  • Respect
  • Fairness 
  • Purposefulness
  • Trust
  • Responsibility
  • Citizenship
  • Caring

HONESTY- We are committed to be truthful in all our actions. We strive to be honest and                                       Forthright with one another and with all our stakeholders.

INTEGRITY-  Reliance Group companies insist on Honesty,Integrity and fairness in all aspects                                   of its Business and expects the same in its relationship with all those with it does                                   Business.

 RESPECT-   We are committed to treat everyone fairly with Respect and Dignity.We appreciate                                the value , skills , strengths and perspective of our diverse workforce. We request                                  the uniqueness of each employee.We believe that each employee makes a                                              meaningful contribution in Reliance Group Companies Success.

FAIRNESS-  Reliance Group Companies is firmly committed to fairness and objectivity in all its                              actions and interactions.Justice and fairness imbibed in the Organization's Fabric                                  ensure Procedural fairness , Impartiality and Consistency in its Operations.

PURPOSEFULNESS- Reliance sees its activities in terms of higher purposes and ideals.This                                                   purposefulness is a way of Operating which ties Reliance Group Companies                                         to its enviroment at a mutually beneficial dimension.

TRUST-   We endeavour  to foster a participatory work enviroment where trust and Confidence                            between Team Members its spontaneous. We always encourage teamwork with open                           candid  and speedy communications.

RESPONSIBILITY- Our Employees are expected to demonstrate highest levels of personal                                                   responsibility and continually affirm that they are responsible to                                                            themselves for the pursuit of excellence.

CITIZENSHIP-We are a fiercely Patriotic Company , fully committed to participating in every                                       conceivable way in the progress and integrity of India.We are committed to obey                                 all the laws of India and the Countries in which we do Business and to do our part                                 to  make the communities in which we live better.

CARING-   Compassion , sharing and kindness are values that we try to inculcate in our decision                           making process to achieve fairness.

             
             



Comments

  1. What can be the pros and cons of this

    ReplyDelete
    Replies
    1. PROS- It contributes towards the CSR and also contributes towards the social sector and economy as well...

      Delete
  2. Replies
    1. I strongly analyse that Reliance is doing very well and is also contributing to the Economy as well..

      Delete
  3. What do you think are ethical practices are right??

    ReplyDelete
    Replies
    1. Yes absolutely,Ethical practices are right and very beneficial to the company as well..

      Delete

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