Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1154)

2018-07-31 Business

1154.

Which company beats TCS and becomes India's Most Valued Company?

HDFC

ITC

Reliance

Infosys

Answer: Option

Explanation:

India's richest person Mukesh Ambani-led Reliance Industries Limited (RIL) beat Tata Consultancy Services (TCS) to become the most valued company in India. RIL's market capitalisation during the day was Rs7.44 trillion as compared to TCS' Rs7.39 trillion. RIL had recently reported its highest ever quarterly net profit of Rs9,459 crore, for the April-June quarter.