According to a recent PricewaterhouseCoopers (PwC) report, the total market capitalisation of the world’s 100 most valuable companies increased by 15 percent from a year ago to $20 trillion as on March 31, 2018. With a $278 billion increase, Amazon is the biggest gainer followed by Tencent (up by $224 billion) and Alibaba (up by $201 billion). The Chinese firms are also the new entrants in the top 10 most valuable companies.
Apple, which saw an increase of $98 billion in its market cap, remains the most valuable public company. No Indian firm made it to the list.
(This story appears in the 03 August, 2018 issue of Forbes India. To visit our Archives, click here.)