Reliance Industries: Market cap now equals India's top five IT companies — TCS, Infosys, Wipro, HCLTech and Tech Mahindra — combined. A historic inversion that lays bare where capital is fleeing and where it's parking. The energy-to-retail conglomerate now commands a valuation that took five software exporters decades to build.
HCLTech: Bucked the gloom with a $1.14B mega deal from a European client — the first billion-dollar contract for any...