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Friday, 25 January 2013

The Richest Companies in India

Indian companies are no more limited to India. Their name and fame is spreading globally. The market capitalization of these companies is increasing with time and many Indian companies has found place in the ‘Trillion Club’ list.

 

According to Yahoo, the richest companies which have made their name in the trillion club’s list as per the market capitalization recorded till 10 am January 11, 2013 are as follows:



1. Reliance Industries
Market Cap :
273,179.23 Crore


One of the most common names in the Indian market, RIL is the second largest company in India by revenue and the largest private sector company in India.


The head quarter of Reliance Industries is in Mumbai.


It has ranked as number 1 in the trillion club’s entry from India.


2. TCS
Market Cap : 253,704.77 Crore


TCS was founded in 1968 by the Tata Groups. It started its service by providing punched cards to the Tata Steel.


Now TCS is one of the leaders in providing IT services, outsourcing and business solutions. It is also one of the major job providers in the Indian IT sector.


3. ONGC
Market Cap : 252,857.51 Crore


Oil and Natural Gas Commission is one of the largest Asia based oil and gas producing companies.


Its headquarter is in Dehradun (India). It produces about 77 percent of India’s requirement of crude oil.


ONGC stand third in this list.




4. Coal India
Market Cap :
231,873.74 Crore


Coal India is an Indian state-controlled coal mining company headquartered in Kolkata, West Bengal, India and the world's largest coal miner with revenue exceeding 624.15 billion.


It is involved in coal mining and production industry.


5. ITC
Market Cap :
217,218.36 Crore


ITC is an Indian public conglomerate company. Its headquarter in in Kolkata (West Bengal).


Its diversified business includes four segments: Fast Moving Consumer Goods (FMCG), Hotels, Paperboards, Paper & Packaging and Agri Business. ITC's annual turnover stood at $7 billion and market capitalization of over $34 billion.


6. SBI
Market Cap :
169,100.05 Crore


State Bank of India (SBI) is the largest banking and financial services company in India.


With headquarter in Mumbai and 173 foreign offices in the world, their total asset was reported to be $360 billion.


SBI was ranked with the 29th position as the most reputed company in the world by Forbes 2009.




7. HDFC Bank
Market Cap :
159,169.52 Crore


HDFC Bank is promoted by HDFC (Housing Development Finance Corporation). It came into the market in August 1994.


On November 1, 2012, HDFC Bank was included in the list of the largest bank in India by assets.


HDFC has more than 2300 branches, over 10,000 ATM’s across India.


8. Infosys
Market Cap :
150,536.01 Crore


Mr. N R Narayan Murthy, an IIT Kanpur graduate founded this company in 1981. The initial investment in this company was only 10,000.


Today Infosys is the third largest Indian IT service company. It has its corporate headquarter in Bangalore(Karnataka).


9. ICICI Bank
Market Cap :
134,920.70 Crore


ICICI Bank is the second largest Indian Bank by asset. It is also the third largest bank based on the market capitalization.


This bank is known for its specialty in the fields like investment banking, life and non-life insurance, venture capital and asset management. It has branches across 18 countries in the world.




10. NTPC
Market Cap  :
127,639.79 Crore


National Thermal Power Corporation (NTPC) holds the first place as a state-owned electric utility company.


Founded on November 7 in 1975, this company has a capacity to produce 39,174 MW of power. Its headquarter is in Delhi.


The Forbes Global 2000 ranked them 348 in 2011.


11. HDFC
Market Cap :
126,183.51 Crore


Housing Development Finance Corporation (HDFC) is the largest mortgage company in India. It has its headquarter in Mumbai.


Founded in 1977, today HDFC has more than 300 outlets and 70 offices across India.


Apart from India, HDFC also has offices in Dubai, London and Singapore.


12. Bharti Airtel
Market Cap  :
124,596.96 Crore


Founded by Mr. Sunil Mitta in 1983, Bharti Airtel is the first telecom service provider to achieve the CISCO Gold Certification.


It is the largest cellular provider in India and the third largest in the world and is popularly known as Airtel. Push-button telephones, fax machines, cordless phones were introduced in India by this company.




13. Hindustan Unilever
Market Cap :
113,146.31 Crore


HUL was founded in 1933 as ‘Lever Brothers India Limited’. From 1956 onwards, it got its name as ‘Hindustan Lever Limited’.


On June 2007, Hindustan Lever Limited got changed to ‘Hindustan Unilever Limited’.


It is the largest consumer goods producer in India. The British-Dutch company Unilever owns the company.


14. Tata Motors
Market Cap :
105,694.22 Crore


Tata Motors  is one of the most important branch of the Tata Group with its headquarter in Mumbai, Maharashtra.


It is one of the leaders in the manufacturing of trucks, vans, passenger cars, buses, coaches and also military vehicles.


15. Wipro
Market Cap :
100,225.99 Crore


Western India Products  (Wipro), was founded by Mohamed Hashan Premji in Mumbai on the 29th of December, 1945 in Mumbai.


Azim Premji took the responsibility of Wipro after the death of Mr. Hashan Premji.


Wipro is one of the top most IT companies in India.






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