TCS overtook Accenture to become the world’s largest IT firm by market cap and also India’s most valuable company, replacing Reliance Industries after 11 months. TCS’ share price fell 0.40% Rs 3,290 apiece — on the BSE on Monday, imparting TCS a market cap of $169.2 bn, or Rs 12.34 lakh cr. Accenture, at present, is valued at $168.4 bn, or Rs 12.27 lakh cr, on the NYSE. Reliance’s market cap is currently at $168.5 bn, or Rs 12.29 tri.

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