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.
Reliance most valuable Indian company in Hurun 500 list aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
It is a list of the 500 most valuable non-state-owned companies in India, ranked according to their value, defined as market capitalization for listed companies, and valuations for non-listed companies.
The list, which was released on Tuesday, stated that with a value of Rs 16.4 lakh crore, Reliance is India s most valuable company, followed by Tata Consultancy Services (TCS) with Rs 11.8 lakh crore and HDFC Bank with Rs 9.4 lakh crore.