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Friday, 21 April 2017

Reliance Industries Ltd. become most-valued Indian company


The Mukesh Ambani-led Reliance Industries Ltd. (RIL) regained its status as India’s most valued firm by market capitalisation.

RIL overtook Tata Group’s crown jewel TCS. TCS had replaced RIL as the most valued firm more than four years ago but a sharp rally in the shares of the Mukesh Ambani-led firm in the recent past has helped the company close the gap.

    Takeaways from above News-
    • Reliance Industries Ltd. (RIL) become most-valued Indian company
    • It has replaced Tata Consultancy Services (TCS)
    • RIL is led by Mukesh Ambani

    If you have any other takeaways, do share with us in the comment section

    Source- Business Line

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