Mukesh Ambani`s Reliance Industries richest company in India

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By Newsgram Staff Writer

Reliance Industries is at the top industries ranked according to their asset base, Corporate Affairs Minister Arun Jaitley informed Rajya Sabha today in a written reply.

The Mumbai based conglomerate has an asset base of Rs.3,67,583 crore and is followed by Indian Oil Corporation Ltd. with an asset base of Rs.2,52,413.78 crore.

The total reported value of the assets of the 4,15,886 companies that filed their balance sheets for March 31, 2014 till November 30, 2014 was Rs.117.08 lakh crore, and the share of the top 10 companies in the total value of assets was 15.3 percent on March 31, 2014.