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First for India: Reliance hits Rs 10 lakh crore m-cap figure

Thursday, November 28, 2019 • Tamil Comments

Reliance Industries has today become India's first company to achieve a market capitalization figure of Rs 10 lakh crore. Since 2014, the market leader has reportedly added Rs 7 lakh crore to its market cap.

Congratulations are pouring in at a time when Mukesh Ambani has been on an unprecedented rise. He is Asia's richest person with a personal wealth of $60.7 billion.

Notably, Ambani is far ahead of Alibaba Group's Jack Ma, Asia's second-richest person. Ma's net worth is $45 billion.

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