Mukesh Ambani chairs and runs $88 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom, and retail.
Reliance was founded by his late father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer.
After his father's death in 2002, Ambani and his younger sibling, Anil divvied up the family empire.
In 2016, Reliance sparked a price war in India's hyper-competitive telecom market with the launch of the 4G phone service Jio.
During the Covid-19 lockdown, Ambani raised more than $20 billion selling a third of Jio to a string of investors, such as Facebook and Google.
Reliance Industries shares soared more than 4 percent in early trading on the news that, on Saturday, Reliance Industries' retail arm Reliance Retail Ventures bought a 96 percent stake in online furniture retailer Urban Ladder, thereby expanding its presence in India's fast-growing e-commerce market. The shares of Reliance Industries soared 4.1 percent to touch an intra-day high of ₹ 2,084 at the opening bell. At 9:59 am, the shares were trading at ₹ 2024.50, up 1.1 percent on the BSE.
Reliance Retail has bought the 96 percent majority stake in the eight-year-old e-furniture marketplace Urban Ladder for ₹ 182 crores or $24.4 million.
Reliance stated that it intends to invest a further ₹ 750 million by December 2023, which will take the shareholding in the company to 100 percent.
Reliance Industries Ltd (RIL) stock is a favorite for the long term as well as short term investors, despite being overvalued. Reliance's highly liquid balance sheet has also helped the firm to keep good stead amid the current economy, challenged by the COVID-19 pandemic
The large-cap stock hit a fresh 52-week low of Rs 867 on March 23, 2020. Since then, the stock has gained 170% on BSE.
Total 15.21 lakh shares changed hands on BSE amounting to a turnover of Rs 343.53 crore.
TCS: Tata Consultancy Services
It is a subsidiary of the Tata Group and operates in 149 locations across 46 countries.
TCS is the second-largest Indian company by market capitalization. Tata consultancy services are now placed among the most valuable IT services brands worldwide. In 2015, TCS was ranked 64th overall in the Forbes World's Most Innovative Companies ranking, making it both the highest-ranked IT services company and the top Indian company. It is the world's largest IT services provider. As of 2018, it is ranked eleventh on the Fortune India 500 list. In April 2018, TCS became the first Indian IT company to reach $100 billion in market capitalization, and the second Indian company ever (after Reliance Industries achieved it in 2007)after its market capitalization stood at ₹6,79,332.81 crore ($102.6 billion) on the Bombay Stock Exchange.
In 2016–2017, Parent company Tata Sons owned 72.05% of TCS; and more than 70% of Tata Sons' dividends were generated by TCS. In March 2018, Tata Sons decided to sell stocks of TCS worth $1.25 billion in a bulk deal
Probably the best company to invest as:
Tata Consultancy Services Limited quote is equal to 2723.000 INR at 2020-12-04. Based on our forecasts, a long-term increase is expected, the "TCS" stock price prognosis for 2025-12-03 is 3892.010 INR. With a 5-year investment, the revenue is expected to be around +42.93%.