India Inc bags 11 spots in most valuable global 500 firms list
January 12, 2021
Financial services was identified as a separate segment from the March 2020 quarter×
RIL leads pack; Apple tops worldwide charts, followed by Microsoft, Amazon
Mukesh Ambani-led Reliance Industries Ltd (RIL), with a networth of $169 billion, ranked 54 among the 500 most valuable companies in the world and Tata Consultancy Services (TCS) came in 73rd, according to the 2020 Hurun Global 500 ranking.
TCS, the crown jewel of the Tata Group, had a networth of $139 billion.
The global 500 list, a collation of 500 most valuable non-state-controlled firms, featured 11 Indian companies including HDFC Bank.
Global leaders
According to the ranking, with a networth of $2.1 trillion, Apple topped the charts as the most valuable company in the world, followed by Microsoft and Amazon with $1.6 trillion each and Alphabet with $1.2 trillion.
Mukesh Ambani s RIL biggest wealth creator of D-St in last 25 years; most gains made in last 5 years financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Updated Dec 21, 2020 | 07:09 IST
The Delhi High Court will give its judgment at 10:30 am on Monday (December 21). Last month, the Competition Commission of India had approved RIL s Rs 24,713-crore offer to acquire Future Group’s retail assets. Delhi High Court to give verdict on Future-Retail-Amazon case today. | Photo Credit: BCCL
New Delhi: The Delhi High Court is all set to give its judgment on Monday (December 21) on Future Retail Ltd’s plea to restrain online behemoth Amazon.com from writing letters to regulators against its asset sale with Mukesh Ambani-controlled Reliance Industries Ltd (RIL).
The court will give its ruling at 10:30 am on Monday,
Updated Dec 19, 2020 | 13:42 IST
While delivering the keynote address at Assocham Foundation 2020 event, Modi also urged the citizens to exert all pressure in order to achieve Atmanirbhar Bharat. India received record investment during coronavirus pandemic: PM Modi at Assocham event | Photo Credit: Times Now
Key Highlights
FDI into India grew by 15% to $30 billion during the first half of the current fiscal, as per government data released earlier
Prime Minister Narendra Modi also presented the ‘Assocham Enterprise of the Century Award’ to Tata Group
Tata Sons Chairman Emeritus Ratan Tata received the award on behalf of the conglomerate.
New Delhi: Prime Minister Narendra Modi on Saturday said the world has confidence in India which is reflected in record-high foreign investment into the country.