Serum Institute of India overtook National Stock Exchange of India to become the most valuable unlisted company in India, as per the Burgundy Private Hurun India 500 list.
According to the report, the value of the top 500 companies from Burgundy Private and Hurun India list in India decreased marginally by 6.4 per cent to Rs 212 lakh crore from Rs 227 lakh crore as on October 30, 2022.
The case dates back to 2016. On November 4, 2016, the Union Oil Ministry slapped a demand of $1.47 billion on the RIL-BP-Niko consortium for “unfairly” producing natural gas belonging to ONGC.