Mukesh Ambani may have slipped from eighth place to ninth on the list of top billionaires, but on the other hand, he has set a new record on Wednesday. Due to the strong rally in the shares of Reliance Industries Limited (RIL) on Wednesday, the company's market cap has increased beyond Rs 19 lakh crore. With this, the company has become the first Indian company to reach this level in terms of market cap.
Shares at an all-time high
RIL shares rose 1.85 percent to hit a record high of Rs 2,827.10 on the Bombay Stock Exchange (BSE) on Wednesday. After the rise in the share price, the market valuation of the company also increased to Rs 19,12,814 crore in morning trade on BSE. Significantly, in March last month, the market valuation of RIL had crossed Rs 18 lakh crore.
Ambani's net worth is $ 102 billion
If we look at the figures, where Gautam Adani has topped in terms of earnings, Mukesh Ambani has also earned a tremendous amount. Shares of RIL have gained over 19 percent so far this year. According to experts, Reliance Industries is performing well across all segments. Let us tell you that on Wednesday, Mukesh Ambani's net worth also reached $ 102 billion with an increase of $ 2.75 billion.
The big deal with Abu Dhabi company
A major agreement has been signed between Mukesh Ambani-led Reliance Industries and Abu Dhabi-based chemical company Taji. Abu Dhabi Chemicals Derivatives Company RSC Limited and RIL signed a formal shareholder agreement for the project of Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC). This shareholder agreement is worth $2 billion.
Gyanvapi Case: Supreme hearing tomorrow on the protection of 'Shivling' found in Gyanvapi, a bench will be formed for the matter
The Supreme Court will hear on Friday the application for protection of the 'Shivling' found in the Gyanvapi Masjid complex in Varanasi. A bench will also be constituted to consider the matter.
'Water Vision 2047': PM Modi gave many mantras for water conservation, said - maximum work should be done on the water under MNREGA
The two-day first All India State Ministers Annual Conference on the theme 'Water Vision 2047' has been organized from January 5 in Bhopal, the capital of Madhya Pradesh. On this occasion, Prime
Khel Ratna Awards: 'The decision is now in the hands of the country', Manu's father suspects conspiracy on Khel Ratna, know what he said
Top pistol shooter Manu Bhaker, who was reportedly not nominated for the country's biggest sports award Major Dhyanchand Khel Ratna despite creating history by winning two bronze medals at the Paris
Aus Vs WI: Australia made two major changes in the team for the second ODI, Travis Head did not get a place in the playing XI.
Travis head released from Australia Squad for 2nd ODI: Australia's opening batsman Travis Head has been released from the ODI and T20 series against West Indies. Head has been released from the series
Exclusive Interview: Shivpal Yadav's taunt on Akhilesh, said - destruction is black opposite intellect; I was only insulted in SP
Pragatisheel Samajwadi Party (PrSP) President Shivpal Singh Yadav is angry with Samajwadi Party (SP) chief Akhilesh Yadav. The reason for this is the constant neglect in the party. Shivpal says it was
There will be espionage in the India-England match: spies will be present in the stands during the second T20, and will identify those who comment on racist
Racial remarks were made to Indian spectators during the fifth Test between India and England in Birmingham. Now Warwickshire County has taken very strict steps regarding this. He will take the help
Asian Games 2023: Three girls from the country hit the 'golden target', and defeated China and Korea by this margin
Indian trio Manu Bhaker, Ishaan Singh, and Rhythm Sangwan won the gold medal in the women's 25m pistol team event at the ongoing Asian Games 2023 in Hangzhou, China on Wednesday.
PM Modi: Prime Minister Modi's visit to Telangana today, will inaugurate and lay the foundation stone of many development projects in Adilabad
Prime Minister Narendra Modi will be on a tour of Telangana and Tamil Nadu today. During this time he will inaugurate and lay the foundation stone of many projects. The Prime Minister's Office (PMO)
PM Modi: PM Modi on a two-day visit to Andhra-Kerala, will gift projects worth more than Rs 4000 crore
Prime Minister Narendra Modi will be visiting South India on a two-day tour from today. As part of this tour, he will visit Andhra Pradesh and Kerala on 16 and 17 January. During this time he was
After Imran Khan, now PTI leader Fawad Chaudhary also made fun of the judiciary, know what he said
Imran Khan's party PTI is constantly attacking the government. While pointing fingers at the government, party leaders are not deterred from including the judiciary as well. The latest case is of