Jio pushes RIL to the top of the chart surpassing TCS

Jio Pushes RIL

New Delhi: Propelled by popularity of Jio, Petrochemicals and telecom major Reliance Industries (RIL) on Monday got better of software services leader Tata Consultancy Services (TCS) to become the most valuable company in India with a market value of Rs 4.60 lakh crore, compared to Rs 4.59 lakh crore for the Tata Group flagship. For about four years RIL had lagged behind TCS in terms of market value.

According to media reports, gradual rise in margins in the refining business, RIL's mainstay, along with good growth in its petrochemicals business and strong customer response to its recently-launched telecom business, have been helping the rally in RIL's stock price, market players said. On the other hand, changing business landscape in the software services sector and US government-led hurdles for outsourcing by its companies and expatriate employees in those entities are also proving to be touch challenges for the Indian software industry as a whole. As a result, so far in the year, RIL stock price has gained 31% compared to 11% for the sensex and 1.4% slide in TCS, BSE data showed.

One of the main drivers for RIL in recent times was the strong customer response to Jio's services which came on the back of attractively priced tariffs and high data speed.


0 #7 krzanews 2018-05-26 14:33
Hello just wanted to give you a quick heads up.
The text in your post seem to be running off the screen in Firefox.
I'm not sure if this is a formatting issue or something to do with browser compatibility but I thought I'd post
to let you know. The style and design look great though!
Hope you get the problem solved soon. Kudos
0 #6 real education blog 2018-05-23 15:54
At this time it appears like Wordpress is the preferred blogging platform available right now.
(from what I've read) Is that what you're using on your blog?
0 #5 shelby news 2018-05-20 15:04
Hi would you mind letting me know which hosting company
you're working with? I've loaded your blog in 3 different internet browsers and
I must say this blog loads a lot quicker then most.

Can you suggest a good internet hosting provider
at a reasonable price? Thanks, I appreciate it!
0 #4 shelby news 2018-05-20 07:54
Hello There. I found your weblog the usage of msn. This is a very well
written article. I will make sure to bookmark it and return to learn more
of your useful information. Thanks for the post. I will certainly comeback.
0 #3 shelbyalumni blog 2018-05-19 06:44
Have you ever considered about including a little bit more than just your articles?
I mean, what you say is fundamental and everything.
Nevertheless think of if you added some great images or video clips to give your posts more, "pop"!
Your content is excellent but with pics and videos, this website could undeniably be one of the best in its field.
Very good blog!
0 #2 shelbyalumni blog 2018-05-18 09:09
Does your website have a contact page? I'm having trouble locating it
but, I'd like to shoot you an e-mail. I've got some
recommendations for your blog you might be interested in hearing.
Either way, great website and I look forward to seeing it improve over
0 #1 2018-02-24 09:31
Hey! This post couldn't be written any better! Reading this post reminds
me of my previous room mate! He always kept talking about this.

I will forward this page to him. Pretty sure he will have a good
read. Thanks for sharing!

Add comment

Security code