Reliance Anil Dhirubhai Ambani Group

Reliance Anil Dhirubhai Ambani Group

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Reliance Anil Dhirubhai Ambani Group

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Reliance Anil Dhirubhai Ambani Group (also known as Reliance ADAG or more commonly as ADAG) is one of India's largest conglomerate, headquartered in Navi Mumbai, India. The company, which was formed after Dhirubhai Ambani's business empire was divided up, is headed by his younger son Anil Ambani. It has a market capitalization of US$ 81 billion, net assets US$ 29 billion. after it was chargesheeted in the 2G scam. The ADAG Reliance Group has a business presence that extends to over 20,000 towns and 4.5 lakhs (450,000) villages in India, and across the globe. The shareholder base is over 12 million, among the largest in the world. The group is present in many sectors including Telecom, Capital, Power, Infrastructure, Entertainment and Health.

ADAG group flagship company Reliance Communications was named in February 2011 for having provided favours to DMK minister A. Raja and others in exchange for a hugely discounted spectrum license in the 2G scam. The company was chargesheeted in April 2011, and senior VP Surendra Pipara, VP Hari...
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