- Mukesh Ambani led by Reliance Industries Ltd has become the first Indian conglomerate to cross the 100 bn USD gross revenue. The RIL has ventured across Refining, Telecom, and Retail business. The lion's share of their revenue comes from Refining at about 44%, while retail accounts for 45%.
- The consolidated revenue of RIL stands at 7.92 lakh crore Indian rupees. During the last fiscal RIL generated 2.1 lakh new jobs.
- Becoming a 102 bn USD company makes RIL, a significant player in the nation's growth story. Mukesh Ambani is the 2nd richest individual in the country, behind Gautam Adani.
Question:
Q.1 Which Indian conglomerate has become the 1st company to cross the 100 bn USD mark?a. Adani Group
b. Tata Sons
c. Reliance Industries Ltd
d. TVS Motors
