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Facebook is more valuable than top 3 Indian companies

BS Reporter Mumbai
It took nearly 46 years for the most valuable Indian company TCS to reach a market value of $69 billion and Reliance Industries took 42 years to reach $43 billion. But Facebook, set up by the 28-year old Mark Zuckerberg, has zoomed past the combined valuation of both these two top Indian companies in barely 10 years. Its present valuation is $161 billion and that's enough to include even the third highest ranked Indian company ITC, which is worth $41 billon.


 

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First Published: Feb 04 2014 | 12:40 AM IST

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