Current Affairs - Business - Discussion

Mukesh Ambani -led Reliance Industries Ltd (RIL) surpassed IT-major, Tata Consultancy Services (TCS) to become the most valued firm by market capitalization (m-cap). The current m-cap of RIL is Rs 8,11,048.27 crore and that of TCS is Rs 7,99,802.04 crore which is 11,246.23 crores less than RIL. Shares of RIL increased by 2.20 % to Rs 1,279.45 on the BSE (Bombay Stock Exchange) and Intra-day it surged 2.55 % to Rs 1,283.85.while the Shares of TCS fell by 2.05 % to Rs 2,131.45. RIL was followed by TCS, HDFC Bank (Housing Development Finance Corporation,Rs 6,50,136.04 crore), HDFC (Rs 3,85,207.96 crore) and HUL(Hindustan Unilever ,Rs 3,76,545.49 crore).