2024-06-02 12:24:55
New Delhi: India’s economic system is rising at a rocket pace. Together with this, the valuation of corporations within the nation can also be growing. Over the last one 12 months, three industrial homes have joined the $100 billion membership. These embrace Bharti Airtel Group led by Sunil Mittal, ICICI Financial institution and Aditya Birla Group led by Kumar Manglam Birla. Now eight industrial homes of the nation have joined the $100 billion membership. Their mixed market worth is round $1.5 trillion which is about 30 % of India’s complete market cap. That is greater than the GDP of Indonesia. The GDP of this largest Islamic nation on the earth is $1.484 trillion. Tata Group is the biggest industrial home within the nation with a market cap of $366 billion. The enterprise of this 150-year-old group extends from salt to software program. Its market cap is greater than the GDP of Pakistan. In accordance with the IMF, Pakistan’s GDP is round $338 billion. The market cap of Tata Group has elevated by 36.6 % within the final one 12 months. The group’s IT firm TCS is the second Most worthy firm within the nation. Its market cap is Rs 1,338,167.76 crore. At quantity two on this checklist is Mukesh Ambani-led Reliance Group. Its market cap has elevated by 29.4 % to $267 billion within the final one 12 months. The group’s holding firm Reliance Industries is probably the most invaluable firm within the nation. Its market cap is Rs 1,940,661.82 crore. Ambani is the richest man in India and Asia with a web price of $109 billion.
Time Journal Record: Aside from Reliance, which different Indian companies are on the earth’s prime 100 corporations?
Who’s within the membership
Gautam Adani-led Adani Group is at quantity three on this membership with a market cap of $205 billion. The group’s market cap has elevated by 64.7 % within the final one 12 months. HDFC Group is at quantity 4 with $162 billion. Nonetheless, the group’s market cap has fallen by 13.8 % within the final one 12 months. Bajaj Group is at quantity 5 with a valuation of $125 billion. The group’s market cap has elevated by 16.3 % within the final one 12 months. Airtel is at quantity six on this membership with a market cap of $120 billion. It has elevated by 79.1% within the final one 12 months. ICICI Financial institution is at quantity seven on this membership with a market cap of $114 billion. Its market cap has elevated by 18.1% within the final one 12 months. Aditya Birla Group is at quantity eight on this membership with $101 billion. Its market cap has elevated by 52.7 % within the final one 12 months.