Billionaire Mukesh Ambani’s Group firm Reliance Petroleum entered the coveted club of the top ten most valued firms in India , with a gain of over Rs 3,800 crore in its market capitalisation that stood at Rs 78,525 crore.
Top Ten most valued firms in India
Mukesh Ambani-led Reliance Industries Ltd (RIL) has submitted to the government proposals for 2 semiconductor units at a combined cost of Rs 30,152 crore.
Last September Indian government announced guidelines for semiconductor manufacturing policy.
Indian Government has received a cumulative investment commitment of almost Rs 63,000 crore from Six companies, including Reliance Industries (RIL), Videocon, Moser Baer and Signet Solar.