CURRENT AFFAIRS

Detailed explanation-1: -RIL is followed by Tata Consultancy Services (TCS) with a market capitalization of Rs 8.75 trillion (USD 119 billion).

Detailed explanation-2: -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-3: -TCS breached the Rs 3, 500 (52.87) per share mark for the first time, reaching 100 billion in market capitalization. By definition, market capitalization is the value of a company that is traded on the stock market, calculated by multiplying the total number of shares by the present share price.