Most of us know that companies such as Reliance, TCS, SBI, Airtel and Infosys are amongst the biggest ones in India, right? But do you know about the years in which India's biggest companies were founded?
Before we hop onto their foundation years and current CEO/Chairperson, let¡¯s take a look at which all are the top 10 biggest companies in India as per their market cap (as of December 6, 2023).
Name of company? ? ? ? ? ? ? ? ? Sector? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?Market cap (in Rs lakh crore)
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Current Chairman: Mukesh Ambani
Year of Foundation: 1957
Reliance Industries, a conglomerate holding company, is the largest company in India by market cap. As per Forbes, it operates in various sectors, including energy, petrochemicals, textiles, natural resources, retail, and telecommunications.
Current CEO: K. Krithivasan
Year of Foundation: 1968
TCS, a subsidiary of the Tata Group, operates in the information technology sector. This company provides various IT services, consulting, and business solutions, which has helped it become the second-largest Indian company in market capitalisation.?
Current CEO: Sashidhar Jagdishan
Year of Foundation: 1994
HDFC Bank, which has the largest assets among private banks in India, provides a diverse range of financial products and services. It has a strong presence in both retail and corporate banking. HDFC Bank's market valuation indicates its robust financial performance and customer trust. The bank's market valuation reflects its strong customer base and wide range of services.
The bank merged with its parent company HDFC Ltd. on July 1, 2023.
Current CEO: Salil Parekh
Year of Foundation: 1981
With its next-generation digital services and consulting, Infosys is a renowned global leader that helps clients from many countries navigate digital transformation. As per Forbes, UK Prime Minister Rishi Sunak¡¯s wife, Akshata Murthy--Infosys co-founder NR Narayana Murthy's daughter--is also a stakeholder in the IT giant.
Current CEO: Rohit Jawa
Year of Foundation: 1933
Hindustan Unilever, an Indian consumer goods company, is a subsidiary of the British-Dutch company Unilever. Its diverse portfolio includes cleaning agents, water purifiers, and personal care products.? The many brands under the Hindustan Unilever umbrella include Lux, Dove, Lipton, Vim, Kissan, Bru, Close Up, Clinic Plus, and Pond's.
Also Read:?List Of India's?Top?10?Companies?In Terms Of Brand Value 2023
Current CEO: Sandeep Bakhshi
Year of Foundation: 1994
ICICI Bank is a leading private-sector bank in India. They provide corporate and retail customers with various banking products and financial services.?
Current Chairman: Dinesh Kumar Khara
Year of Foundation: 1955
SBI reigns as the largest public sector bank in India. Their extensive services encompass personal banking, agricultural banking, corporate banking, international banking, and NRI services.?
Also Read:?10 Big?Companies?That Bounced Back From The Brink Of Bankruptcy
Current CEO & Chairman: Sanjiv Puri
Year of Foundation: 1910
ITC is a multi-business conglomerate with a diverse portfolio, including FMCG, hotels, paperboards and packaging, agri-business, and information technology. The market valuation of ITC is a reflection of its strong brand presence and diverse operations.
As per Forbes, the company first came about as the Imperial Tobacco Company of India Limited. However, in 1970 the name was changed to India Tobacco Company Limited, and then simply to ITC. Known brands under ITC¡¯s influence include Flama, Classmate, Sunfeast, Sunrise, Vivel, Savlon, and more.
Current CEO: Gopal Vittal
Year of Foundation: 1995
Bharti Airtel is a prominent telecommunications company in 18 countries across Asia and Africa. It offers mobile voice and data services, fixed lines, high-speed broadband, IPTV, DTH, and enterprise services.?
Current CEO: Rajeev Jain
Year of Foundation: 1987
Bajaj Finance Limited is a deposit-taking Non-Banking Financial Company) registered with the Reserve Bank of India (RBI). It is a subsidiary of Bajaj Finserv Ltd. and is engaged in the business of lending and acceptance of deposits.
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