In order to set up any business, capital is a must. Capital only helps to set up the business and function it in the long run. The amount of capital of a business helps to expand the business.
Capital refers to the assets or the financial cost of the assets such as funds deposit, cash at bank, land & building, plant and machinery and much more. A business can earn capital through the assumption of debt. Debt capital can easily be raised through friends, family, relatives, financial institutions and insurance companies and much more. The capital of the company is also based on the money raised through the sale of shares. Capital in this method is usually raised through equity shares and preference shares.
Here are the top 10 largest companies in India by Market capital in 2017-2018
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Infosys, earlier known as Infosys Technologies Limited is an Indian multination firm that has earned its reputation because of its contribution in the field of information and technology. Infosys also provides business consulting and outsourcing services. The company was established in the year 1981 with its headquarters in Bengaluru. Today the company is headed by UB Praveen Rao. The company has an annual revenue of about 10.25 billion USD. The total equity of the company of the company is around 10.10 billion USD and total asset of 12.125 billion USD. The employee strength of the company is nearly 200,244.
ONGC is the acronym of the name Oil and Natural Gas Corporation. It is an Indian multicultural company that was founded in the year 1956. It is under the Oil and Gas Department of India. The company has its nerve center in Dehra Dun. it is the largest producer of natural gas in India. The company is a Public Sector Undertaking and is currently supervised by D.K. Sarraf. The annual income of the company rises to about INR 77,545 crore. The total assets of the company are around INR 3,025.123 crore. The company also has a significant employee base of 33,555.
SBI stands for State Bank of India. State Bak of India is a Multicultural public sector financial institution. It is a government-owned firm that was established in the year 1806 as the Bank of Calcutta. State Bank Of India has it’s in Mumbai. Arundhati Bhattacharya is the chairperson of the bank. The annual revenue of the bank is about 298,524.240 crore with profit being 10,415.21 crores. The asset of the company values at 2,224.05 crores and the equity of the company is nearly 144,541.211 crore. It has also a huge employee base of nearly 209,544.
7. Maruti Suzuki
Maruti Suzuki, earlier known as Maruti Udyog is an Indian automobile company which is a result of a joint venture between Maruti company and Suzuki company. The company was established in the year 1981 with its main building in New Delhi. Sanjay Gandhi was the founder of the company. R.C.Bhargava is the chairperson of the company. The annual income of the company is nearly 58,244.21 crore and its asset being 4,545.23 crores. It also has more than 40,000 employees working for the company.
6. Hindustan Unilever Limited
Hindustan Unilever Limited is a marketing company based in Mumbai. It is a part of the Unilever group. Hindustan Unilever has a wide range of products such as beverages, foods, cleaning agents and personal care products. Ironically it is also one of the largest polluters in this country. The inception of the company was in 1934. Harish Manwani is the chief executive officer of the company. The annual revenue of the company is nearly 31,451 core with assets being 4,545.2 crores. It also gives employment opportunities to nearly 18,000 people directly and 60,000 indirectly.
HDFC or Housing Development and Financial Corporation is a financial institution under private sector with its headquarters in Mumbai. HDFC is regarded as the largest private sector institution by assets. It is also the largest private sector bank in India. The institution was founded in 1994 and is currently supervised by Aditya Puri. The bank was inaugurated by Dr. Manmohan Singh, the then Finance Miniter of India. The annual revenue of the bank is nearly 74,556 crore and its annual profit is somewhat around 12,456 crore. It also gives employment to nearly 84,546 people.
The next in our list is ITC that stands for Indian Tobacco Company. This Indian conglomerate has its nerve center in Kolkata. It is a public sector company that includes its business in five sectors namely, Fast-Moving consumer goods, Paperboards, Hotel, Agricultural business and Information, and Technology. The company has an annual turnover of about US$ 8.25 billion and a market capitalisation of about US$ 45 billion. It also employs more than 25,000 people in 60 different offices that are spread across India.
3. Bharti Airtel
Bharti Airtel or Airtel is one of the leading mobile network providers in India. It is under the Telecommunications Department of India and was founded in 1995 with its headquarters in New Delhi. Airtel casts its network not only in India but also in Sri Lanka, Bangladesh, and Africa. The company was founded by Sunil Bharti Mittal and he is the present chairperson of the company. Total revenue of the company is nearly 1955.2 billion Indian rupees along with 42.25 billion Indian rupees profit. The total assets of the company are 2,554 billion Indian rupees along with total equity being 741 billion Indian rupees. It also has a significant employee base of about 27,000.
The next in our list is a famous IT company named TCS which is the acronym of the brand name Tata Consultancy Services. This multinational company is a subsidiary of the Tata Group of Companies and its operation centers in more than 46 countries. The company was founded in 1968 with its headquarters in Mumbai under the leadership of J.R.D Tata and F.C. Kohli. Today the company is headed by Natarajan Chandrashekar who is the chairman of the company. In the year 2015, TCS was ranked as the 64th largest company worldwide by Forbes magazine. The annual revenue of the company is no less than 17 billion USD and its assets being 16 billion USD with its equity being 13.25 billion USD. It is also one of the largest companies to provide employment to nearly 354,445.
Topping our list of top 10 largest companies in India by market capitalization is Reliance. The world-renowned company was founded by Dhirubhai Ambani with its headquarters being located at Navi Mumbai. Anil Ambani is the chairperson of the company. Reliance has a market capitalisation of about 890 billion India rupees and net assets of over 18,000 billion Indian rupees. The company exports its products to nearly all the countries on earth. In India, it operates in more than 20,000 towns and cities. The company has a strong employee base of about 180,744.
These are the top 10 largest companies in India by market capitalisation. All these companies mentioned in this list are Indian companies both private and public limited. These companies have a large market capitalisation which has helped them to grow and expand with due course of time.