CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company becomes the 1st Indian company to reach Market Capitalisation (m-cap) of Rs 13 lakh crore?
A
PhonePe
B
Reliance Industries Limited
C
Infosys
D
Amazon
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: -Mr. Mukesh Ambani’s Reliance Industries Ltd (RIL) became the first Indian listed firm to have a market capitalisation of Rs.

Detailed explanation-3: -Reliance Industries Ltd (RIL) on Monday became the first Indian company to cross the Rs12 lakh crore in market capitalisation as the stock soared to a record high.

There is 1 question to complete.