CURRENT AFFAIRS

2018

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

There are now 11 Indian companies among the world’s 500 biggest firms in terms of market cap. Which Indian company tops the chart with a market cap of $103 billion?

A	Tata Consultancy Services (TCS)
B	Maruti Suzuki
C	Reliance Industries
D	Infosys

Explanation:

Detailed explanation-1: -With a market cap of ₹1, 563, 887 crores Reliance Industries leads the Indian Industries with the highest market cap. The multinational conglomerate company is headquartered in Mumbai and engages in a range of businesses in the textiles, telecommunications, retail, natural resources, and petrochemical sectors.

Detailed explanation-2: -India now ranks at Number 5 as 20 Indian companies feature in 500 most valuable ones in the world, as per the 2022 Hurun Global list.

Detailed explanation-3: -In terms of market capitalization, Reliance Industries, which is headed by Mukesh Ambani, is the number one company in India. It is a multinational conglomerate that is headquartered in Mumbai, India. It is a Fortune 500 company and the largest private sector company in India.

Detailed explanation-4: -Basic Info. S&P 500 Market Cap is at a current level of 32.13T, up from 30.12T last month and down from 40.36T one year ago. This is a change of 6.69% from last month and-20.38% from one year ago.

There is 1 question to complete.