Reliance Industries Limited: GK, Current Affairs, Questions, Trivia and News

Reliance Industries Ltd tops domestic market capitalisation chart

Reliance Industries Ltd topped the domestic market capitalisation chart with Rs. 9,42,422.58 crore. It is followed by TCS, HDFC Bank, Hindustan Unilever Ltd and HDFC. Recently, eight of the 10 most valued Indian companies together added Rs. 1.09 trillion to their market capitalisation. Except HDFC and HDFC bank, the other top-10 companies augmented their market ..

HDFC Bank crosses USD 100 billion M-Cap

India’s largest by assets-private sector lender, HDFC Bank Limited becomes the third Indian Company to cross the USD 100 billion market capitalization (M-Cap). With this, HDFC Bank Ltd has become the 110th most valued firm in the world and joins the league of other two Indian Companies- Reliance Industries Limited (RIL) and the Tata Consultancy ..

Reliance Industries Limited (RIL) First Indian Company to exceed Rs 10 Lakh Crore M-cap

The largest publicly traded multinational conglomerate company in India in terms of market capitalization(m-cap), Reliance Industries Limited (RIL) became the first Indian company to cross Rs 10 Lakh Crore market capitalization on Thursday, November 28, 2019. Reliance Industries was founded on May 8, 1973, by Dhirubhai Ambani is engaged in businesses across India in petrochemicals, ..

Reliance renamed as Nippon India Mutual Fund (NIMF)

The Reliance Mutual Fund has been renamed as Nippon India Mutual Fund (NIMF). The name change came after Nippon Life Insurance of Japan completed the acquisition of 75% stake in Reliance Nippon Life Asset Management from Reliance Capital. Nippon Life is Japan’s largest life insurance company and a global financial services conglomerate. It manages assets ..

What is behind RIL plans to become a zero-net debt company?

The Reliance Industries group, currently lead by Mukesh Ambani is one of the largest companies in India. This gargantuan conglomerate, which has wide-ranging interests in the hydrocarbon sector to the telecommunications space and the retail market, is looking to reduce its debt. The debt of Reliance Industries While Reliance Industries has been a very cash ..

Reliance Jio partners Microsoft to offer cloud infra for businesses

Reliance Jio has partnered with Microsoft to accelerate digital transformation in India. Under the deal, Microsoft will bring in the Azure Cloud on Jio Network targetting the enterprise and business users seeking a technological shift. Jio is the subsidiary of Reliance Industries Limited (RIL). The aim of both the companies is to enhance the adoption ..

Time 100 Most Influential People 2019

The Time 100 Most Influential People 2019 list named the world’s most influential pioneers, leaders, titans, artists and icons of the year. The list includes Indian-American comedian and TV host Hasan Minhaj, US President Donald Trump, Pope Francis, Chinese President Xi Jinping, Pakistan Prime Minister Imran Khan, iconic golfer Tiger Woods and Facebook founder Mark ..

Mukesh Ambani became World’s Richest Sports team owner

Asia’s richest man and Reliance Industries chairman man, Mukesh Ambani has recently topped Forbes’ “The World’s Richest Sports Team Owners 2019” list. With a total net worth of about $50 billion, Ambani topped the list. He bought the IPL team Mumbai Indians for over $100 million in 2008 through a RIL subsidiary. The top 20 ..