• Reliance becomes 1st Indian firm to cross $200 bn in market value

    Reliance becomes 1st Indian firm to cross $200 bn in market value

    Published Date : 10-Sep-2020 3:54:20 IST

    Asia’s richest man Mukesh Ambani’s Reliance Industries on Thursday became the first listed Indian company to cross $200 billion in market capitalisation. Shares of the oil-to-telecom conglomerate surged over 8% to a record high after Bloomberg reported that it’s offering to sell a $20 billion stake in Reliance Retail to Amazon. India’s second-most valuable company TCS is worth $119 billion.

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