RIL Group Overtakes Tata

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New Delhi, 1 Jan, 2008 : Last year"s number one, the Tata group, is now a distant number two with a market capitalisation of Rs 3.20 trillion. This came despite TATA"s acquisition of Corus steel. While, Close contender Anil Dhirubhai Ambani Group is third largest group with a market capitalisation of Rs 3.03 trillion.

However it could move up to the second position in the near future after the listing of its company Reliance Power, which is likely to add market cap worth Rs 1,20,000 crore.

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