India’s Reliance Overtakes Exxon As Second Most Valuable Energy Firm 

India’s oil-to-telecoms conglomerate Reliance Industries surpassed on Friday Exxon as the world’s second most valuable firm doing business in energy after Saudi Arabia’s oil giant Aramco. Reliance Industries is the most valuable company in India and has diversified operations, including oil refining. Its market capitalization hit US$189 billion (14.1 trillion Indian rupees) on Friday, overtaking Exxon’s market capitalization, Indian media report. Early on Friday, Exxon’s market capitalization was US$185.58 billion.…