Reliance beats TCS to become India's most valuable company
Mukesh Ambani-led Reliance Industries surpassed IT giant Tata Consultancy Services in intraday trade on Tuesday to reclaim its tag of India's most valued company. Reliance's market capitalisation touched â¹4.57 lakh crore, while TCS' valuation was at â¹4.56 lakh crore in early trade. Notably, Reliance has rallied 30% so far in the year following telecom venture Reliance Jio's launch in September.