All Exams Test series for 1 year @ ₹349 only
Question

Which company has become the first Indian retail company to cross the annual revenue of Rupees one lakh crore?

The correct answer is

Reliance Retail Ltd.

Reliance Retail Achieves Key Revenue Milestone

Reliance Retail Ltd. has made history by becoming the first Indian retail company to surpass an annual revenue of Rupees one lakh crore. This significant financial achievement marks a major milestone for the company and the Indian retail sector as a whole.

This accomplishment highlights Reliance Retail's substantial growth and market presence. Crossing the Rupees one lakh crore mark is a testament to their strategic expansion, diverse product offerings, and effective operational management across various retail formats.

Was this answer helpful?

Important Questions from Financial Markets

  1. Arrange the following bond issues in increasing order of the underlying risk:

    (A) Convertible bonds

    (B) Callable bonds

    (C) Mortgage bonds

    (D) Unsecured bond

    (E) Junk bonds

    Choose the correct answer from the options given below:

  2. Arrange the following in the ascending order in terms of their equity market capitalisation:

    (A) India

    (B) United States (USA)

    (C) Hong Kong

    (D) Japan

    (E) China

    Choose the correct answer from the options given below:

  3. The major factor that allowed Portfolio Theory to develop into Capital Market Theory is

  4. Bricks market can usually be kept in which category of the market?

  5. Which European country was the first to introduce bank notes and was recently in the news to soon become the first cashless country in the world?

    A. UK

    B. Germany

    C. Sweden

    D. Switzerland

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App