Reliance Industries (RIL) is likely to be the first Indian company to touch the $100 billion market capitalisation mark. Valued at $91.4 billion at present, the Mukesh Ambani-led company is only 10 per cent away from this landmark.
Thanks to a successful foray into telecom, RIL has seen its shares spurt 68 per cent in 2017. Globally, there are 93 companies in the $100-billion-plus club. RIL is ranked 109 just behind Morgan Stanley.
Samie Modak
IPO boom reaching its peak?
Next week, there is a lot of action expected in the initial