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MUKESH, ANIL GROUPS TO TOP M-CAP CHARTS, EVEN SEPARATELY (Mukesh Ambani group to hold second position and Anil Ambani group eleventh position in terms of M-cap rankings).
(From India Business Insight)
The Reliance group consisting of five listed companies-Reliance Industries Ltd (RIL), Reliance Energy, IPCL, Reliance Capital and Reliance Industrial Infrastructure enjoyed a total market- capitalisation (M-cap) of Rs1,01,971 crore as on 17 Jun 2005. The group, accounting for 5.72 percent of the total M-cap of the Stock Exchange, Mumbai (BSE), stood at the number two position in terms of M-cap ranking.
The recent settlement between the Ambani brothers will see the Reliance group split into two groups. RIL, IPCL and Reliance Industrial Infrastructure is …
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