Reliance

Reliance is among India's private sector business houses that was established in 2006, serving customers across telecommunications, power, financial services, infrastructure, media and entertainment, and healthcare sectors. However, Reliance operates without regulatory oversight from any reputable financial body.

Pros and Cons

Is Reliance Legit?

Reliance currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with Reliance, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Services

Reliance offers a lot of services in various sectors, including telecommunications, power, financial services, infrastructure, media and entertainment, and healthcare. In roads sector, it has a portfolio of 11 projects totalling length of 1000 km at project outlay of approximately Rs. 12000 crore.

Power: coal, gas, hydro and renewable energy

Financial services: asset management and mutual funds; life and general insurance; commercial finance; equities and commodities broking; investment banking; wealth management services; distribution of financial products; exchanges; private equity; asset reconstruction; proprietary investments and other activities in financial services.

Infrastructure: Power, Distribution, Generation, Transmission, EPC, Infrastructure, Roads, Mumbai Metro, Airports, Defence.

Media and entertainment: filmed entertainment (film production and distribution), broadcasting and new media ventures.

Healthcare: Kokilaben Dhirubhai Ambani Hospital; oncology centers; various healthcare programmes

Roads: