TCS is the largest Indian company by market capitalization. TCS is now placed among the most valuable IT services brands worldwide. In 2015 TCS was ranked 64th overall in the Forbes World's Most Innovative Companies ranking, making it both the highest-ranked IT services company and the top Indian company. It is the world's largest IT services provider. As of 2017, it is ranked tenth on the Fortune India 500 list. In April 2018, TCS became the first Indian IT company to breach $100 billion market capitalization, and second Indian company ever (after Reliance Industries achieved it in 2007) after its market capitalization stood at ₹6,79,332.81 crore ($102.6 billion) on the Bombay Stock Exchange. In 2016-2017, Parent company Tata Sons owned 70% of TCS; and more than 70% of Tata Sons' dividends were generated by TCS. In March 2018, Tata Sons decided to sell stocks of TCS worth $1.25 billion in a bulk deal.