Adani Group now India's most valued conglomerate; beats Tata Group
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Gautam Adani-led Adani Group has surpassed Tata Group to become India's most valuable conglomerate with an overall market capitalization of over Rs. 22 lakh crore on the Bombay Stock Exchange. Trailing it are Tata Group, valued at Rs. 20 lakh crore, and Reliance Group at Rs. 17 lakh crore. Moreover, Adani Group acquired Ambuja Cements and ACC, becoming India's second-largest cement producer on Friday.