{"id":364423,"date":"2020-07-24T10:21:44","date_gmt":"2020-07-24T04:51:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=364423"},"modified":"2020-07-24T10:54:35","modified_gmt":"2020-07-24T05:24:35","slug":"reliance-breaks-into-top-50-most-valued-companies-globally-ranks-48","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-breaks-into-top-50-most-valued-companies-globally-ranks-48\/","title":{"rendered":"Reliance breaks into top 50 most valued companies globally, ranks 48"},"content":{"rendered":"<p>Billionaire Mukesh Ambani&#8217;s Reliance Industries Ltd has broken into the top 50 most valued companies globally after it became the first company with market capitalisation of over Rs 13 trillion. <\/p>\n<p>The oil-to-telecom conglomerate is ranked 48th in market cap globally, according to stock market data. <\/p>\n<p>Globally, Saudi Aramco is the company with the highest market cap of $1.7 trillion, followed by Apple, Microsoft, Amazon, and Alphabet. <\/p>\n<p>Reliance on Thursday closed at Rs 2,060.65 on the BSE, up 2.82 per cent over the previous day&#8217;s close. This gave the firm a m-cap of over Rs 13 trillion. <\/p>\n<p>Together with the firm&#8217;s partly-paid shares that were issued in the recent rights issue and are traded separately, the company had a combined m-cap of Rs 13.5 trillion or over $181 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Mukesh Ambani&#8217;s Reliance Industries Ltd has broken into the top 50 most valued companies globally after it became the first company with market capitalisation of over Rs 13 trillion. The oil-to-telecom conglomerate is ranked 48th in market cap globally, according to stock market data. Globally, Saudi Aramco is the company with the highest market cap of $1.7 trillion, followed by Apple, Microsoft, Amazon, and Alphabet. Reliance on Thursday closed at Rs 2,060.65 on the BSE, up 2.82 per cent over the previous day&#8217;s close. This gave the firm a m-cap of over Rs 13 trillion. Together with the firm&#8217;s [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-364423","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=364423"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364423\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=364423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=364423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=364423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}