CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company made it to the FORTUNE 2021 list for most successful company of India?
A
Tata
B
State Bank of India
C
ONGC
D
Reliance Industries
Explanation: 

Detailed explanation-1: -In the year 2021, Reliance Industries Limited was placed at 155th position on Fortune ’s Global 500 list. Mukesh Ambani-led RIL maintains its position as India’s highest-ranked private sector company. In the latest Fortune Global 500 list, there are nine companies from India.

Detailed explanation-2: -Reliance Industries Ltd (RIL) has improved its ranking by 51 notches to stand at 104th position on the latest Fortune’s Global 500 list 2022. In 2021, the company was at 155th position in the global ranking of top-500 firms published by Fortune.

Detailed explanation-3: -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-4: -Mukesh Ambani-led Reliance Industries has topped the list with a revenue of ₹7.36 lakh crore and an annual growth of 47 percent.

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