India's Most Valuable Companies ; the Reigning Champion Has Been Dethroned. the Star of the New Economy in India, Software Behemoth Tata Consultancy Services, Beat RIL, Though by a Whisker. Does This Herald the Start of a New Kind of Rivalry between These Two Giants?

The reigning champion has been dethroned. For the last nine years, Reliance Industries Ltd (RIL) had topped the annual BT 500 ranking of India's most valuable companies. But in 2012, as we reached the end of our exhaustive analysis of listed Indian companies to decide which were the most valuable ... (Publication: Business Today)