BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the company, which beat Tata Consultancy Services (TCS) to become the most valued company in India recently?
A
Bharti Airtel
B
Wipro
C
RIL
D
ONGC
Explanation: 

Detailed explanation-1: -Reliance Industries remained the most valued domestic firm, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, Bharti Airtel, HDFC and ITC.

Detailed explanation-2: -This list was updated on 7th Nov, 2022. With a market cap of ₹1, 763, 263.62 crores Reliance Industries leads the Indian Industries with the highest market cap.

Detailed explanation-3: -Tata Consultancy Services was the most valued brand across India in 2022. This means it had the highest reputation as a company, and was valued at over 45 billion U.S. dollars that year. HDFC followed the private financial institution with over 32 billion dollars-worth in brand value.

Detailed explanation-4: -Tata Consultancy Services (TCS) is India’s most-valuable brand in 2022 replacing HDFC Bank, which held the number one spot since 2014, according to Kantar BrandZ report on India’s most-valuable brands.

Detailed explanation-5: -Reliance Industries scored higher in 5 areas: Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval and Positive Business Outlook.

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