Top Five Companies In India
In terms of the nominal Gross Domestic Product (GDP), India is that the seventh largest economy within the world as per the International fund (IMF). India's nominal GDP is valued to be worth US$ 2.308 trillion. this is often a results of the type of business various Indian companies are doing in India and round the world. Every company operating in India, whether Indian or non-Indian, strives hard to urge better day by day on the idea of the standard and customer satisfaction it provides through its products or services.
A company is usually evaluated on different parameters like assets, sales, profit, market price and market share/capitalisation and thus ranked accordingly. There are a myriad of companies functioning in India that are active publicly , private and government sectors. There are variety of foreign and domestic companies performing on a national or multinational level in India. Most of the highest companies in India are multinational conglomerates dealing during a vast range of various segments further fragmented into various sorts of services and products. In terms of market capitalization value, a number of the highest companies in India are Tata Consultancy Services (TCS), Reliance Industries, ONGC and HDFC bank consistent with the web business portal “moneycontrol.com” that takes under consideration the newest trends in market as valued by the National stock market (NSE) and therefore the Bombay stock market (BSE).
List of Top 05 Companies in India
Here is that the list of the highest 05 companies in India consistent with their market capitalisation:
1.Tata Consultancy Services (TCS)
A subsidiary of the Indian multinational conglomerate Tata Group, TCS may be a multinational IT services company providing business and consulting solutions to its clients. the corporate was established in 1968 and is headquartered in Mumbai, Maharashtra. it's not only a top Indian firm but also Asia's largest IT services firm. TCS has its foothold in around 46 countries across the world . TCS provides assurance services, BI and performance management services, business process services, consulting services, digital enterprise services, eco-sustainability services to call a couple of . In January 2015, TCS overtook Reliance Industries Ltd. because the top firm in India. TCS’ market capitalization amounted to Rs. 5,09,837.31 crore in May 2015.
2.Reliance Industries Limited (RIL)
Reliance Industries Limited (RIL)Reliance Industries Ltd. is an Indian multinational conglomerate operating in various sectors in and out of doors India. Founded in 1966, RIL is predicated in Mumbai, Maharashtra. RIL deals in miscellaneous industries like construction, energy, petrochemicals, communications, science and technology, healthcare, textiles, retails, natural resources and logistics. The principal shareholders, the Ambani family, cuddle to 45.34 percent shares within the company, while the remainder of the shares are held by approximately three million shareholders. In May 2015, the market capitalization of RIL amounted to Rs. 2,85,051.72 crore.
3.Oil and gas Corporation (ONGC)
Oil and gas Corporation (ONGC)Founded on the eve of the Indian Independence Day in 1956, Oil and gas Corporation Limited is an Indian oil and gas multinational company. it's the govt of India's Public Sector Undertaking (PSU). ONGC's administrative control rests with the Ministry of Petroleum and gas of the Indian government. Of the entire , 69 percent of India's petroleum and 62 percent of India's total gas is produced by ONGC. The market capitalization of ONGC was valued at around Rs. 2,78,994.53 crore in May 2015.
4.HDFC Bank
HDFC BankAn Indian financial and banking services company, HDFC was founded in 1994 and has its headquarters in Mumbai, Maharashtra. HDFC is India's largest private sector bank. The bank provides the simplest of facilities to its customers like simplified banking and financial solutions through various sorts of saving, corporate, family accounts, attractive and beneficial range of insurance policies and straightforward loans for all sections of the society. It offers special financial services to the agriculture sector also . HDFC Bank's market capitalization amounted to Rs. 2,58,157.69 crore in May 2015.
5.ITC
An Indian multinational conglomerate, ITC was established in August 1910 (as Imperial Tobacco Company of India Limited) and is headquartered in Kolkata, West Bengal . It operates over five diversified segments – Information Technology, fast paced commodity (FMCG), Agriculture, Hotels and Paperboards and Packaging. The name of the corporate was changed in 1970 and it came to be referred to as India Tobacco Company Ltd. The company's flagship segment is that the FMCG segment consisting of private care products, food processing items, branded apparel then on. The market capitalization of ITC reached Rs. 2,57,658.88 crore in May 2015.