Google News
logo
Current Affairs - 2019
Name the Indian Company which has the Higher Market Value than IBM at $120.5 bn.
A)
TCS
B)
HDFC Bank
C)
ITC Limited
D)
Reliance Industries Limited

Correct Answer : Option (A) - TCS


India's largest software services company Tata Consultancy Services (TCS) has surpassed US technology giant IBM in terms of market capitalisation. As of recent closing, the market cap of TCS stood at Rs8.37 lakh crore ($120.5 billion) compared to IBM's $119.5 billion. TCS reported revenue of $20.9 billion in the previous fiscal while IBM ended 2018 with $79.6 billion in revenue.

Published On : July 13, 2021
Advertisement