Reliance Industries has overtaken ExxonMobil to become the world's second most valuable energy firm
Shortpedia
Content Team
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Reliance Industries has overtaken ExxonMobil to become the world's second most valuable energy firm with market capitalization scaled to a record high of over Rs 14 trillion. Reliance is now ranked 46th globally on market cap, according to stock market data. Meanwhile, Reliance chairman Mukesh Ambani overtook Steve Ballmer to become the fifth richest person in the world with a net worth of $77.4 billion, Bloomberg reported.
