When one talks about the equity culture in the country, only one company comes to mind: Reliance Industries. Among its several credits is its singular goal of creating investor wealth, bringing a whole new generation of Indians into the stock market and make them first-time millionaires. The largest listed company in India for years, Reliance Industries continues to enjoy the highest weightage on the Indian stock exchanges. Initially a refiner, it has integrated backwards to exploration. Its discovery of KG D6 gas has doubled India's gas production and lessened India's abject dependence on imported gas. With shale gas assets certain to be opened for exploration and fresh auctions of oil & gas fields, the company can be counted on to make the most of it and help further cut the country's dependence on coal for power, naphtha for fertiliser and LPG and CNG for city gas distribution. Known for its scale and execution, Reliance has also built a huge retail company as a subsidiary.
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