Top 10 Biggest Indian Companies
India is home to some of the world’s largest and most successful companies. This article will explore the top Indian companies.... read more...
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Reliance Industries is India's largest private sector corporation, with $44.7 billion in revenue and $7.2 billion in net income in 2019. It is a multi-industry conglomerate with holdings in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance Industries is India's second-largest publicly traded corporation, with a market capitalization of $164.9 billion.
Mukesh Ambani, Chairman, and Managing Director of Reliance Industries has been essential in the company's development. Reliance Industries, under his guidance, has become a global leader in the oil and gas business while simultaneously diversifying into numerous other areas such as retail, telecommunications, and technology.
Reliance Industries is dedicated to corporate social responsibility and has launched several initiatives, including Jio, a cheap mobile phone network that gives internet access to millions of Indians. Reliance has also established a number of philanthropic trusts and foundations to promote education and health programs for the needy in India.Founded: 1958
Headquarters: Mumbai, Maharashtra
Website: https://www.ril.com/
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With its corporate headquarters in Mumbai, Maharashtra, Tata Consultancy Services (TCS) is a global Indian information technology (IT) services and consulting firm. It operates in 150 locations throughout 46 countries as a part of the Tata Group. According to a report from July 2022, TCS employed more than 600,000 people worldwide.
TCS is one of the most valuable IT service brands in the world and the second-largest Indian corporation in terms of market value. TCS, one of the top-ranked Indian corporations and an IT services provider was ranked 64th overall in the Forbes list of the "World's Most Innovative Companies" in 2015. It is listed as number 11 on the Fortune India 500 list as of 2018. TCS became the first Indian IT software company to reach a market valuation of $200 billion in September 2021. The market capitalization was Rs. 11,71,481.89 crore in December 2022.
TCS generated more than 70% of the dividends paid out by parent firm Tata Sons in 2016–2017, and Tata Sons held 72.05 percent of TCS.Founded: 1968
Headquarters: Mumbai, Maharashtra
Website: https://www.tcs.com
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HDFC Bank is one of India's leading private-sector banks. It provides retail and corporate customers with a wide range of banking products and services. People want to know about HDFC Bank's goods and services, as well as the competitive interest rates and costs associated with the products and the security measures in place to secure the customers' money.
Savings accounts, current accounts, term deposits, mutual funds, loans, debit and credit cards, insurance, and investment services are all available from HDFC Bank. People want to know about the benefits of these products and services, as well as the competitive interest rates and fees associated with them and the ease with which they may be used.
HDFC Bank employs a variety of security procedures to protect its clients' funds. These include multi-level authentication, data encryption, 24x7 transaction monitoring, fraud detection and prevention, and safe online banking. People want to know about the bank's safety procedures to safeguard the protection of their money, as well as the bank's other security measures to secure their personal data.Founded: 1994
Headquarters: Mumbai, Maharashtra
Website: https://www.hdfcbank.com
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ICICI Bank Limited is one of India's leading financial services firms, with a global presence in 17 countries. It provides its customers with a comprehensive range of banking and financial services via a number of delivery channels and specialized subsidiaries. The subsidiaries include investment banking, life and non-life insurance, venture capital, and asset management. The bank has 5,275 branches and 15,589 ATMs across India. It has branches or representative offices in countries such as the United Kingdom, Canada, and the United States, as well as Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China, South Africa, the United Arab Emirates, Bangladesh, Malaysia, and Indonesia.
The company's UK affiliate has expanded its global reach by opening branches in Belgium and Germany. ICICI Bank has also been engaged in the digital area, offering innovative digital banking solutions to give consumers a seamless banking experience. This involves the introduction of mobile banking, online banking, and digital payment options.
Profits climbed from Rs. 5,959 crore in FY18 to Rs. 8,434 crore in FY20, indicating the company's solid financial performance over the years. The company's return on equity (ROE) has also increased from 15.4% in FY18 to 18.2% in FY20, suggesting that it has been able to generate more excellent value for its owners. The company's non-performing assets (NPA) have also been decreased from Rs. 25,031 crore in FY18 to Rs. 8,981 crore in FY20. This illustrates the company's ability to eliminate problematic loans and improve asset quality.Founded: 1994
Headquarters: Mumbai, Maharashtra
Website: https://www.icicibank.com
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Hindustan Unilever Limited (HUL) is a Mumbai-based British-owned Indian consumer goods corporation. It is a subsidiary of Unilever, a British corporation. Its products include fast-moving consumer goods (FMCG) such as cuisines, beverages, cleaning agents, personal care products, water purifiers, etc. HUL was founded as Hindustan Vanaspati Manufacturing Co. in 1931. It was renamed Hindustan Lever Limited following a merger of constituent entities in 1956. In June 2007, the company was renamed Hindustan Unilever Limited.
Hindustan Unilever had over fifty product trademarks in fourteen categories as of 2019. In FY2017–18, the company had 21,000 employees and posted revenue of 34,619 crores.
HUL announced in December 2018 that it would acquire GlaxoSmithKline India's consumer division for $3.8 billion in an all-stock merger with a 1:4.39 ratio. However, the integration of GSK's 3,800 employees remained questionable as HUL stated that the agreement did not include a clause for employee retention. After completing all legal procedures, HUL concluded its merger with GlaxoSmithKline Consumer Healthcare (GSK India) in April 2020. HUL's market capitalization in December 2022 was Rs. 638,548,42 crore.Founded: 1933
Headquarters: Mumbai, Maharashtra
Website: https://www.hul.co.in
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Regarding software services and IT consulting, Infosys is a world authority. They offer various services, including analytics, artificial intelligence, cloud computing, and more. They are well known for their cutting-edge technology, extensive subject matter knowledge, and dedication to client service.
The dedication to corporate social responsibility shown by Infosys is among the most crucial facts to be aware of. They place a high priority on corporate moral conduct and work hard to have a positive influence on the communities they serve. This covers programs like encouraging diversity and inclusion, funding education, and aiding national and international charities.
And finally, Infosys has a successful track record. They have received numerous honors for their creativity and excellence, and they are continuously included among the top businesses in the IT sector. This reflects their leadership in the industry and their dedication to quality and client happiness.Founded: 1981
Headquarters: Bangalore, Karnataka
Website: https://www.infosys.com
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Given that it has been offering housing finance services for more than 40 years, HDFC is a reputable name in the Indian real estate industry. It has a vast network of connected offices scattered throughout India and representative offices in London, Dubai, and Singapore, delivering a seamless experience for prospective homebuyers and devoted clients. Additionally, it has continually worked to achieve and maintain a superb reputation for openness, reliability, and integrity, as well as an unblemished track record of providing exceptional customer service.
For a variety of customers, HDFC offers a wide range of loans, including those for the purchase or construction of a home or business, renovations, extensions, loans for rural housing, loans against property, etc. Technology is heavily emphasized, allowing consumers to apply for loans online at their convenience and offering various post-disbursement online services.
In addition, HDFC is dedicated to giving its staff the assistance they require. HDFC upholds a participative management philosophy in which each employee is encouraged to take the lead in their own particular area of responsibility. It also disseminates its knowledge abroad, offering technical support in Bangladesh, Sri Lanka, and Egypt and accepting consulting jobs in other nations throughout Asia, Africa, and Eastern Europe.Founded: 1977
Headquarters: Mumbai, Maharashtra
Website: https://www.hdfc.com
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ITC Limited is an Indian conglomerate with interests in FMCG, hotels, paperboards and packaging, agriculture, and information technology. ITC is one of India's most valuable business enterprises, with a gross sales value of 90,104 crores and a net profit of 15,058 crores (as of 31.03.2022). ITC has produced over 6 million sustainable livelihoods and is the world's only comparable-sized enterprise that has been carbon-positive, water-positive, and solid waste recycling-positive for over a decade.
ITC has a 'Nation First: Sab Saath Badhein' concept that emphasizes its primary belief in developing a globally competitive and successful Indian firm that contributes outstanding value to society. Its competitive advantage stems from deep consumer insights, cutting-edge R&D, differentiated product development capacity, brand-building capability, world-class manufacturing infrastructure, extensive rural links, an efficient trade marketing and distribution network, and dedicated human resources.
ITC has established an integrated initiative called 'Baareh Mahine Hariyali' to add a new dimension to the difficult task of increasing farmer income. It has worked with NITI Aayog to gradually strengthen the capability of 2 million farmers in 27 Aspirational Districts to increase rural incomes. The company is investing in India's future by constructing world-class consumer goods factories and famous hotel assets that will boost the country's competitiveness. These investment projects underscore the company's commitment to the Government's "Make in India" initiative.Founded: 1910
Headquarters: Virginia House, Kolkata, West Bengal
Website: https://www.itcportal.com
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State Bank of India (SBI) is an Indian multinational public sector bank and statutory organization for financial services located in Mumbai, Maharashtra. SBI is the world's 49th largest bank by total assets and is rated 221st on the Fortune Global 500 list of the world's largest firms for 2020, the only Indian bank on the list. It is India's most prominent public sector bank, with a 23% market share by assets and 25% percent of the overall loan and deposit market. With approximately 250,000 employees, it is also India's fifth-largest employer. State Bank of India became the third lender (after HDFC Bank and ICICI Bank) and the seventh Indian corporation to break the $5 trillion milestone on Indian stock exchanges for the first time on September 14, 2022.
The bank is descended from the Bank of Calcutta, created in 1806 through the Imperial Bank of India, making it the Indian subcontinent's oldest commercial bank. The Bank of Madras combined with British India's other two presidential banks, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which later became the State Bank of India in 1955. Throughout its 200-year history, the bank has been founded by merging and acquiring more than twenty banks. In 1955, the Government of India assumed control of the Imperial Bank of India. The Reserve Bank of India (India's central bank) acquired a 60% interest and renamed it State Bank of India.
To facilitate and encourage start-ups in the country, the State Bank of India (SBI) announced the opening of its first "state-of-the-art" dedicated branch for start-ups in Bengaluru on August 16, 2022.Founded: 1955
Headquarters: Nariman Point, Mumbai, Maharashtra
Website: https://bank.sbi
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Bharti Airtel Limited, commonly referred to as Airtel, is a well-known Indian multinational telecommunications services provider in New Delhi. It is the world's second-largest mobile network operator, offering 4G and 4G+ services throughout India, as well as 5G services in select cities. Airtel also provides voice and fixed-line broadband services in 18 countries, including the Channel Islands and South Asia.
Airtel's innovative minutes' factory business approach, which entails outsourcing all parts of corporate operations except marketing, sales, and finance, has led to its success. Many other operators have now taken this strategy. Furthermore, Ericsson, Huawei, and Nokia Networks provide and maintain Airtel's equipment, while Amdocs provides IT support. Transmission towers are also held by Bharti's subsidiaries and joint venture firms in India, such as Bharti Infratel and Indus Towers.
The company is doing quite well financially. Airtel India was ranked the second most valuable brand in the first-ever Brandz ranking by Millward Brown and WPP plc, and Ericsson agreed to be paid by the minute for installation and maintenance of their equipment rather than being paid in advance. This enabled Airtel to offer inexpensive call rates of 1 (1.3 US) per minute. Airtel has expanded and remained competitive in the telecommunications sector due to its financial success.Founded: 1995
Headquarters: Nelson Mandela Road, New Delhi
Website: https://www.airtel.com