In terms of the nominal Gross Domestic Product (GDP), India is the seventh largest economy in the world as per the International Monetary Fund (IMF). India’s nominal GDP is valued to be worth US$ 2.308 trillion. This is a result of the kind of business various Indian companies have been doing in
India and around the world. Every company operating in India, whether Indian or non-Indian, strives hard to get better day by day on the basis of the quality and customer satisfaction it provides through its products or services.
A company is generally evaluated on different parameters such as assets, sales, profit, market value and market share/capitalisation and thus ranked accordingly. There are a myriad of companies functioning in India that are active in public, private and government sectors. There are a number of foreign and domestic companies working on a national or multinational level in India. Most of the top companies in India are multinational conglomerates dealing in a vast range of different segments further fragmented into various kinds of services and products. In terms of market capitalisation value, some of the top companies in India are Tata Consultancy Services (TCS), Reliance Industries, ONGC and HDFC bank according to the online business portal “moneycontrol.com” that takes into account the latest trends in market as valued by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
List of Top 10 Companies in India
Here is the list of the top 10 companies in India according to their market capitalisation:
Tata Consultancy Services (TCS)
A subsidiary of the Indian multinational conglomerate Tata Group, TCS is a multinational IT services company providing business and consulting solutions to its clients. The company was established in 1968 and is headquartered in Mumbai, Maharashtra. It is not only a top Indian firm but also Asia’s largest IT services firm. TCS has its foothold in around 46 countries across the globe. TCS provides assurance services, BI and performance management services, business process services, consulting services, digital enterprise services, eco-sustainability services to name a few. In January 2015, TCS overtook Reliance Industries Ltd. as the top firm in India. TCS’ market capitalisation amounted to Rs. 5,09,837.31 crore in May 2015.
Reliance Industries Limited (RIL)
Reliance Industries Ltd. is an Indian multinational conglomerate operating in various sectors in and outside India. Founded in 1966, RIL is based in Mumbai, Maharashtra. RIL deals in miscellaneous industries such as construction, energy, petrochemicals, communications, science and technology, healthcare, textiles, retails, natural resources and logistics. The principal shareholders, the Ambani family, hold close to 45.34 percent shares in the company, while the rest of the shares are held by approximately three million shareholders. In May 2015, the market capitalisation of RIL amounted to Rs. 2,85,051.72 crore.
Oil and Natural Gas Corporation (ONGC)
Founded on the eve of the Indian Independence Day in 1956, Oil and Natural Gas Corporation Limited is an Indian oil and gas multinational company. It is the Government of India’s Public Sector Undertaking (PSU). ONGC’s administrative control rests with the Ministry of Petroleum and Natural Gas of the Indian government. Of the total, 69 percent of India’s crude oil and 62 percent of India’s total natural gas is produced by ONGC. The market capitalisation of ONGC was valued at around Rs. 2,78,994.53 crore in May 2015.
An 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 best of facilities to its customers such as simplified banking and financial solutions through various types of saving, corporate, family accounts, attractive and beneficial range of insurance policies and easy loans for all sections of the society. It offers special financial services to the agriculture sector as well. HDFC Bank’s market capitalisation amounted to Rs. 2,58,157.69 crore in May 2015.
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 Moving Consumer Goods (FMCG), Agriculture, Hotels and Paperboards and Packaging. The name of the company was changed in 1970 and it came to be known as India Tobacco Company Ltd. The company’s flagship segment is the FMCG segment consisting of personal care products, food processing items, branded apparel and so on. The market capitalisation of ITC reached Rs. 2,57,658.88 crore in May 2015.
Coal India is another entity controlled by the Government of India. It is functional in coal mining in the country. Coal India is the largest producer of coal in the world. Coal India was founded in 1975 and is headquartered in Kolkata, West Bengal. It accounts for whopping 81 percent of the total coal produced in India. Coal India’s market capitalisation amounted to Rs. 2,42,137.83 crore in May 2015.
Based in Bengaluru, Karnataka and established in 1981, Infosys is an Indian multinational IT company having its prime business in software engineering, information technology, business consulting and outsourcing. After TCS, Infosys is the second largest IT company in India in terms of market value. Infosys benefits its clients in over 50 countries. In May 2015, the market capitalisation of Infosys was valued at Rs. 2,31,600.93 crore.
Sun Pharma, officially Sun Pharmaceuticals Industries Limited, is an Indian multinational pharmaceutical enterprise. It was established in 1983 and is currently headquartered in Mumbai, Maharashtra. It operates mainly in India and the United States, where it produces and sells a diverse range of pharmaceutical products that help in psychiatry, neurology, cardiology, diabetology and gastroenterology. It provides a whole range of medicines and drugs beneficial in all kinds of illnesses and ailments. Sun Pharma is the largest pharmaceutical company in India. Its market capitalisation amounted to Rs. 2,29,765.30 in May 2015.
State Bank of India is a financial services and public sector banking company. Owned by the government, SBI originated in India. SBI was founded in 1921 and is headquartered in Mumbai, Maharashtra. SBI is India’s largest banking and financial services company in terms of assets. SBI has spread its operations in over 40 countries with close to 200 offices. The market capitalisation of SBI amounted to Rs. 2,10,037.93 crore in May 2014.
Hindustan Unilever is India’s largest company solely dedicated to the FMCG segment. It was founded in 1932 and has its head office in Mumbai, Maharashtra. Holding 67.25 percent stake in the company, the Anglo-Dutch company Unilever owns this Indian multinational firm. Hindustan Unilever manufactures products in 20 different categories spanning over 35 brands comprising shampoos, soaps, skin care products, detergents, deodorants, cosmetics, toothpastes, coffee, tea, packaged food items and the likes. The market capitalisation of Hindustan Unilever amounted to Rs. 1,83,101.45 in May 2015.
Map Showing Top 10 Companies in India
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