Question : India’s first 150 billion dollarcompany is —-
(a) cReliance industries
(b) TCS
(c) HDFC bank
(d) Hindustan Uniliver
Answer (a)
Related facts
- The market capitalisation of Reliance Industries Ltd crossed 150 billion dollar on 19 June 2020.
- Reliance industries is now net debt-free.
- India’s top 5 companies according to market capitalisation (in billion dollar)
| Company | 12 August 2019 | 19 June 2020 |
| RIL | 103 | 150(up) |
| TCS | 118 | 100(down) |
| HDFCBank | 87 | 73(down) |
| HUL | 56 | 64(UP) |
| HDFC | 53 | 42(down) |
- Mukesh Ambani, the chairman and managing director ofRIL, today(19 June 2020) became the 11th richest person in the world as his real-time net worth crossed the $60 billion mark for the first time.
By – Pankaj Pandey