Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 783)
783.
Name the Indian Company which has the Higher Market Value than IBM at $120.5 bn.
TCS
HDFC Bank
Reliance Industries Limited
ITC Limited
Answer: Option
Explanation:
India's largest software services company Tata Consultancy Services (TCS) has surpassed US technology giant IBM in terms of market capitalisation. As of recent closing, the market cap of TCS stood at Rs8.37 lakh crore ($120.5 billion) compared to IBM's $119.5 billion. TCS reported revenue of $20.9 billion in the previous fiscal while IBM ended 2018 with $79.6 billion in revenue.
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