TOP 50 CORPORATES IN INDIA 2021.
Titan Company Limited (Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan is the fifth largest integrated own brand watch manufacturer in the world. Over the last three decades, Titan has expanded into underpenetrated markets and created lifestyle brands across different product categories. Titan is widely known for transforming the watch and jewellery industry in India and for shaping India’s retail market by pioneering experiential retail.
2.ADANI TOTAL GAS
Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises Limited (previously Adani Exports Limited). The Group’s diverse businesses include port management, electric power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing and infrastructure. The group has annual revenue of over US$15 billion with operations at 70 locations in 50 countries. In April 2021, Adani Group became the third Indian conglomerate to cross $100 billion in market capitalization.
Nestlé is the world’s largest food and beverage company. It has more than 2000 brands ranging from global icons to local favorites, and are present in 191 countries around the world. NESTLÉ India is a subsidiary of NESTLÉ S.A. of Switzerland. With eight factories and a large number of co-packers, Nestlé India is a vibrant Company that provides consumers in India with products of global standards and is committed to long-term sustainable growth and shareholder satisfaction. The Company insists on honesty, integrity and fairness in all aspects of its business and expects the same in its relationships. This has earned it the trust and respect of every strata of society that it comes in contact with and is acknowledged amongst India’s ‘Most Respected Companies’ and amongst the ‘Top Wealth Creators of India’.
Oil and Natural Gas Corporation (ONGC) is an Indian government-owned crude oil and natural gas corporation. Its registered office is in New Delhi. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is the largest government-owned-oil and gas exploration and production corporation in the country, and produces around 70% of India’s crude oil (equivalent to around 57% of the country’s total demand) and around 84% of its natural gas. In November 2010, the Government of India conferred the ‘Maharatna‘ status to ONGC. In a survey by Government of India for fiscal year 2019–20, it was ranked as the largest profit making PSU in India. It is ranked 7th among the Top 250 Global Energy Companies by Platts.
Sun Pharmaceutical Industries Ltd. (Sun Pharma) is the fourth largest specialty generic pharmaceutical company in the world with global revenues of over US$ 4.5 billion. Supported by more than 40 manufacturing facilities, it provides high-quality, affordable medicines, trusted by healthcare professionals and patients, to more than 100 countries across the globe. From humble beginnings in 1983, Sun Pharma has grown to become one of the largest generic pharmaceutical companies worldwide. It is the largest pharmaceutical company in India.
Tata Motors Group (Tata Motors) is a $34 billion organization. It is a leading global automobile manufacturing company. Its diverse portfolio includes an extensive range of cars, sports utility vehicles, trucks, buses and defense vehicles. Tata Motors is one of India’s largest OEMs offering an extensive range of integrated, smart and e-mobility solutions. Tata Motors has a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and Fiat Chrysler and Tata branded vehicles. In OCT 2021, private equity firm TPG invested $1 billion in Tata Motors’ electric vehicle subsidiary.
JSW Steel is the flagship business of the diversified US$ 13 billion JSW Group. As one of India’s leading business houses, JSW Group also has other business interests in sectors such as energy, infrastructure, cement, paints, sports, and venture capital. JSW Steel, certified as Great Places To Work in 2021, has emerged as an organization with a strong cultural foundation and great potential to be among the Top 100 companies. Over the last three decades, it has grown from a single manufacturing unit to become India’s leading integrated steel company with capacity of 28 MTPA in India & USA (including capacities under joint control).
Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise. It is a USD 5.1 billion organization with 141,100+ professionals across 90 countries helping 1123 global customers, including Fortune 500 companies. It is focused on leveraging next-generation technologies including 5G, Blockchain, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. Tech Mahindra is one of the fastest growing brands and amongst the top 15 IT service providers globally. Tech Mahindra has consistently emerged as a leader in sustainability and is recognized amongst the ‘2021 Global 100 Most sustainable corporations in the World’ by Corporate Knights. With the NXT.NOW™ framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. It aims at delivering tomorrow’s experiences today, and believes that the ‘Future is Now’.
9.POWER GRID CORP
Power Grid Corporation of India Limited is an Indian statutory corporation under the jurisdiction of Ministry of Power, Government of India and is headquartered in Gurugram, India and engaged mainly in transmission of bulk power across different states of India. Power Grid transmits about 50% of the total power generated in India on its transmission network. It is also certified for PAS 99:. Power Grid operates throughout India and covers 90% of country’s interstate and inter-regional electric power transmission system and its business segments include Transmission, Consultancy, Telecom and ULDC/ RLDC.
Adani Ports and Special Economic Zone Limited (Adani Ports & SEZ; also APSEZ) formerly known as Mundra Port and Special Economic Zone Limited, is India’s largest private multi-port operator. APSEZ represents a large network of ports with India’s largest SEZ at Mundra. APSEZ Port Business is integral to its Logistics Business and is India’s Largest private port operator with presence across 12 locations. The Adani Group, an integrated infrastructure corporation. The Mundra SEZ is the largest port-led operational and notified multi-product SEZ in India that offers land banks for large-scale industries for manufacturing set-up based upon cluster-based development for various industries.
Hindustan Zinc Ltd a Vedanta Group company is the market leader in zinc lead and sulphuric acid business. The company is India’s only and the world’s largest integrated producer of Zinc-Lead. They are also one of the leading Silver producers in the world. They are one of the lowest cost producers in the world and are well placed to serve the growing demand of Asian countries. The company’s core business comprises of mining and smelting of zinc and lead along with captive power generation. The company also owns 474 MW of coal based thermal captive power plants in Rajasthan to support their metallurgical operations.
Tata Steel is one of the world’s largest steel companies with a global annual crude steel production capacity of 34 million tones per annum. The company is a diversified steel producer with major operations in India Europe and South East Asia. The company has manufacturing units in 26 countries and a commercial presence in over 50 countries. Tata Steel is the second largest steel producer in Europe with a crude steel production capacity of over 12.1 million tones per annum. The company together with its subsidiaries is engaged in the manufacture and sale of steel products in India and internationally. They offer hot and cold rolled coils and sheets galvanized sheets tubes wire rods construction rebars and bearings. Tata Steel is one of the few steel companies that are fully integrated – from mining to the manufacturing and marketing of finished products.
HDFC Standard Life is one of the most profitable life insurers based on Value of New Business (VNB) margin. Besides consistently being among the top three private life insurers in terms of profitability based on VNB margin the company has also consistently been among the top three private life insurers in terms of market share based on total new business premium. HDFC Standard Life was the first private sector life insurer to obtain registration from the IRDAI and was established as a joint venture between HDFC (one of India’s leading housing finance institutions) and Standard Life Aberdeen plc (one of the world’s largest investment companies) initially through its wholly owned subsidiary The Standard Life Assurance Company and now through its wholly owned subsidiary Standard Life Mauritius. Currently the Company has 413 branches across India.
Divi’s Laboratories Ltd is an India based manufacturer of Active Pharmaceutical Ingredients (APIs) and Intermediates. The company is engaged in manufacture of leading generic compounds Nutraceutical ingredients and custom synthesis of APIs and intermediates for global innovator companies. Divis is among the largest pharmaceutical companies in India with a portfolio of 120 products across diverse therapeutic areas. The company has four manufacturing facilities and market presence across several countries.
Vedanta Limited is one of the world’s leading diversified natural resources companies. The company’s main businesses focus on zinc lead silver aluminum copper iron ore oil & gas and commercial power. Its operations span across India South Africa Namibia Ireland and Australia. Vedanta Limited is the Indian subsidiary of London listed Vedanta Resources Plc. The company is also into metallurgical coke and pig iron. The pig iron business focuses on the domestic Indian market especially to foundries and steel mills in western and southern India.
NTPC Ltd is India’s largest power utility company with an installed capacity of 63925 MW (including JVs)plans to become a 130 GW company by 2032.The company is engaged in the business of generation and sale of bulk power. The company operates their stations at a level of efficiency that exceeds the average in India based upon availability factor and average plant load factor (PLF). They have developed a long term technology roadmap for the induction of high efficiency equipment including supercritical and ultra-supercritical machines at their new plants.
A consumer and specialties chemical company Pidilite Industries Limited (Pidilite) was incorporated on 28th July 1969. Pidilite is the market leader in adhesives and sealants construction chemicals hobby colors and polymer emulsions in India. Its brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in India. The company’s product range includes Adhesives and Sealants construction chemicals craftsmen products polymer emulsions paint chemicals automotive chemicals art materials and stationery fabric care maintenance chemicals industrial adhesives industrial textile resins and organic pigments and preparations.
18.SBI LIFE INSURANCE
SBI Life Insurance Company Limited (SBI Life) established in 2001 is a joint venture between State Bank of India (SBI) and BNP Paribas Cardiff S.A. and is one of the leading life Insurance companies in India. SBI has an unrivalled strength of over 22414 branches across the country making it the largest banking group in India. BNP Paribas Cardiff S.A. is the life and property & casualty insurance arm of BNP Paribas one of the strongest banks in the world. SBI Life offers a comprehensive range of life insurance and pension products. The company offers individual and group products which include savings and protection plans to address the insurance needs of diverse customer segments. SBI Life has a multi-channel distribution network comprising of an expansive Bancassurance channel with SBI and agent network comprising of 108261 Insurance Advisors (IAs) as on March 31 2018.
Larsen & Toubro Infotech Limited (LTI) is an Indian multinational information technology services and consulting company based in Mumbai, India. In 2017, NASSCOM ranked LTI as the sixth-largest Indian IT services company in terms of export revenues. It was among the top 15 IT service providers globally in 2017, according to the Everest Group’s PEAK Matrix for IT service providers. It employs standards of the Software Engineering Institute’s (SEI) Capability Maturity Model Integration (CMMI) and is a Maturity Level 5 assessed organization.
Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities. As of 2019, the service is available in 24 countries and in more than 10,000 cities. Between 2010 and 2013, Zomato raised approximately US$16.7 million from Info Edge India, giving Info Edge India a 57.9% stake in Zomato. In November 2013, it raised an additional US$37 million from Sequoia Capital and Info Edge India.
Grasim Industries Ltd a flagship company of the Aditya Birla Group ranks among India’s largest private sector companies. It is a leading global player in viscose staple fiber (VSF) the largest chemicals (Chlor-Alkalis) largest cement producer and diversified financial services (NBFC Asset Management and Life Insurance) player in India. The chemical business was set up given it’s a critical input for manufacturing VSF and to achieve backward integration. Grasim is the largest Caustic Soda producer in India with a capacity of 840 KTPA. Grasim’s subsidiary UltraTech Cement Limited is a leading global cement manufacturer with a capacity of 93 MTPA in India (includes 4 MTPA overseas).
Indian Oil Corporation Ltd (IOCL) is India’s flagship national oil company with business interests straddling the entire hydrocarbon value chain – from refining pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas marketing of natural gas and petrochemicals. The company is the leading Indian corporate in the Fortune ‘Global 500’ listing ranked at the 168th position for the year 2017. IOCL is a public sector undertaking. Government of India held 56.98% stake in IOCL as on 31 December 2017.The company’s operations include refineries pipelines and marketing.
Hindalco Industries Limited is the metals flagship company of the Aditya Birla Group. A USD16.7 billion metals powerhouse Hindalco is the world’s largest aluminum rolling and recycling company and a major player in copper. It is also one of Asia’s largest producers of primary aluminium. The company’s aluminium units across the globe encompass the entire gamut of operations from bauxite mining alumina refining and aluminium smelting to downstream rolling extrusions foils along with captive power plants and coal mines. Their copper unit Birla Copper produces copper cathodes continuous cast copper rods and other by-products such as gold silver and DAP fertilizers.
24.MAHINDRA & MAHINDRA
Mahindra & Mahindra Limited (‘M&M’) is the flagship company of the Mahindra Group which consists of diverse business interests across the globe and aggregate revenues of around USD 19.4 billion. The company operates in nine segments: automotive segment comprises of sales of automobiles spare parts and related services; farm equipment segment comprises of sales of tractors spare parts and related services; information technology (IT) services comprises of services rendered for IT and telecom; financial services comprise of services relating to financing leasing and hire purchase of automobiles and tractors; steel trading and processing comprises of trading and processing of steel; infrastructure comprise of operating of commercial complexes project management and development; hospitality segment comprises of sale of timeshare; Systech segment comprises of automotive components and other related products and services and its others segment comprise of logistics after-market two wheelers and investment.
DLF Ltd is engaged in the business of colonization and real estate development. The company operations span all aspects of real estate development from the identification and acquisition of land to planning execution construction and marketing of projects. It is also engaged in the business of generation of power provision of maintenance services hospitality and recreational activities life insurance and retail chain outlets. Its internal business includes development business and rental business. The development business of the Company is involved in the sale of residential spaces select commercial offices and commercial complexes. The company has a unique business model with earnings arising from development and rentals. Its exposure across businesses segments and geographies mitigates any down-cycles in the market. The company has also forayed into infrastructure SEZ and hotel businesses.
Dabur India Ltd is one of the leading FMCG Companies in India. The company is also a world leader in Ayurveda with a portfolio of over 250 Herbal/Ayurvedic products. They operate in key consumer products categories like Hair Care Oral Care Health Care Skin Care Home Care and Foods. The company’s FMCG portfolio includes five flagship brands with distinct brand identities Dabur as the master brand for natural healthcare products for premium personal care, Real for fruit juices and beverages and Fem for fairness bleaches and skin care products. The company operates through three business units namely consumer care division (CCD) international business division (IBD) and consumer health division (CHD).
The Company was incorporated as One 97 Communications Private Limited on 22 December 2000. Subsequently the name of the Company was changed to One 97 Communications Limited on 12 May 2010.One97 Communications Ltd the operator of leading digital payments platform Paytm is engaged in providing payment and financial services which primarily includes payment facilitator services facilitation of consumer and merchant lending to consumers and merchants wealth management-commerce and cloud services which primarily consists of aggregator for digital product stickering business providing voice and messaging platforms to the telecom operators and enterprise customers and other value added services. The company offers a broad range of mobile content applications and commerce services to consumers (i.e. mobile phone users).
Shree Cement Ltd is one of India’s premier cement makers. The company’s manufacturing operations are spread over North and East India across six states. The company has a consolidated cement production capacity of 44.4 million tones per annum(MTPA) and a power generation capacity of 742 MW. The company is an energy conscious & environment friendly business organization. The company is headquartered in Kolkata India .Shree Cement Ltd was incorporated in the year 1979.
Bajaj Auto Ltd (BAL) is one of the leading two & three wheeler manufacturers in India. The company is well known for its R&D product development process engineering and low-cost manufacturing skills. The company is the largest exporter of two and three-wheelers in the country. The company has three overseas subsidiaries namely Bajaj Auto International Holdings BVPT Bajaj Indonesia and Bajaj Auto (Thailand) Ltd. During FY2020 the company has incorporated Bajaj Auto (Thailand) Ltd as wholly owned subsidiary in Thailand to set up an International Business Centre(IBC) and a R&D center under this subsidiary.
Godrej Consumer Products Ltd (GCPL) is one of the leading Fast Moving Consumer Goods (FMCG) companies in India. The company has five product segments namely Household Insecticides Soaps Hair colors Liquid Detergents and Air Fresheners. The company has manufacturing facilities at Malanpur in Madhya Pradesh, Guwahati in Assam and Namchi in Sikkim. The company has established a strong international presence through a slew of acquisitions over the years. GCPL is among the largest household insecticide and hair care players in emerging markets. In household insecticides it is the leader in India and the second largest player in Indonesia. GCPL is the leader in serving the hair care needs of women of African descent the number one player in hair color in India and Sub-Saharan Africa and among the leading players in Latin America.
Reliance is an Indian multinational conglomerate company, headquartered in Mumbai, India. RIL’s diverse businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalization and the largest company in India as measured by revenue after recently surpassing the government-owned Indian Oil Corporation. It is also the tenth largest employer in India with over 236,000 employees. It has a market capitalization of US$243 billion as of October 2021. The company is ranked 155th on the Fortune Global 500 list of the world’s biggest corporations as of 2021.
Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company headquartered in Mumbai, Maharashtra, India with its largest campus located in Chennai, Tamil Nadu, India. As of February 2021, TCS is the largest IT services company in the world by market capitalization ($200 billion). It is a subsidiary of the Tata Group and operates in 149 locations across 46 countries. TCS is the second largest Indian company by market capitalization and is among the most valuable IT services brands worldwide. In 2015, TCS was ranked 64th overall in the Forbes World’s Most Innovative Companies ranking, making it both the highest-ranked IT services company and the top Indian company. As of 2018, it is ranked eleventh on the Fortune India 500 list
HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai, Maharashtra. HDFC Bank is India’s largest private sector bank by assets and by market capitalization as of April 2021. It is the third largest company by market capitalization of $122.50 billion on the Indian stock exchanges. It is also the fifteenth largest employer in India with nearly 120,000 employees.
Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys is the second-largest Indian IT company after Tata Consultancy Services by 2020 revenue figures and the 602nd largest public company in the world according to Forbes Global 2000 ranking. On 24 August 2021, Infosys became the fourth Indian company to cross $100 billion in market capitalization.
Hindustan Unilever Limited (HUL) is a consumer goods company headquartered in Mumbai, India. It is a subsidiary of Unilever, a British company. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods. HUL was established in 1931 as Hindustan Vanaspati Manufacturing Co. and following a merger of constituent groups in 1956, it was renamed Hindustan Lever Limited. The company was renamed in June 2007 as Hindustan Unilever Limited. As of 2019, Hindustan Unilever’s portfolio had 44 product brands in 14 categories. The company has 18,000 employees.
ICICI Bank Limited is an Indian multinational bank and financial services company with its corporate office in Mumbai, Maharashtra. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. The bank has a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries.
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world’s biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees.
Bajaj Finserv Limited, a part of Bajaj Holdings & Investments Limited, is an Indian financial services company focused on lending, asset management, wealth management and insurance. The company employs over 20,154 employees at 1,409 locations, and is engaged in consumer finance businesses, life insurance, and general insurance. Apart from financial services, Bajaj Finserv is also active in wind–energy generation with an installed capacity of 65.2 MW. Bajaj Finserv was ranked among The Economic Times 500 as 119 in 2014.
Bharti Airtel Limited, also known as Airtel, is an Indian multinational telecommunications services company based in New Delhi, India. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Airtel provides 2G, 4G LTE, 4G+ mobile services, fixed line broadband and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology across all Indian telecom circles. It is the second largest mobile network operator in India and the third largest mobile network operator in the world. Airtel was named India’s 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.
Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in the city of Mumbai, India. It is India’s third largest private sector bank by assets and by market capitalization as of November 2021. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. As of February 2021, the bank has 1600 branches and 2519 ATMs.
Wipro Limited is an Indian multinational conglomerate headquartered in Bangalore, Karnataka, India. Its diverse businesses include FMCG, lighting, information technology, and consulting. The Fortune India 500 ranks it the 29th largest Indian company by total revenue. It is also ranked the 9th largest employer in India with over 100 million employees.
42. HCL TECH
HCL Technologies is an Indian multinational information technology (IT) services and consulting company headquartered in Noida, Uttar Pradesh, India. It is a subsidiary of HCL Enterprise. Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business. The company has offices in 50 countries including United Kingdom, United States, France, and Germany with a worldwide network of R&D, “innovation labs” and “delivery centers”, over 187,000 employees and its customers include 250 of the Fortune 500 and 650 of the Global 2,000 companies
Asian Paints Ltd is an Indian multinational paint company, headquartered in Mumbai. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing of related services. Asian Paints is India’s largest and Asia’s third largest paints corporation. Asian Paints is the holding company of Berger International. The company generated a revenue of ₹17,194.1 crores in the financial year 2019-20 and a profit of ₹2,654 crores. The company’s manufacturing operations encompass 15 countries of the world including India, with considerable presence in the Indian subcontinent and the Middle East.
44.AVENUE SUPERMARTS LTD
Avenue Supermarts Limited, d/b/aDMart, is an Indian retail corporation that operates a chain of hypermarkets in India. It was founded by Radhakishan Damani in 2002, with its first branch in Powai’s Hiranandani Gardens. As of 31 December 2019, it had 196 stores in 72 cities across 11 states in India including Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka, Uttar Pradesh, Daman and Punjab.
ITC Limited is an Indian conglomerate company headquartered in Kolkata, West Bengal. ITC has a diversified presence across industries such as FMCG, hotels, packaging, paperboards, specialty papers and agribusiness. The company has 13 businesses in 5 segments. It exports its products in 90 countries. Its products are available in 6 million retail outlets. Established in 1910 as the Imperial Tobacco Company of India Limited, the company was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Limited in 1974.
Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate, with business interests in engineering, construction, manufacturing, technology and financial services, headquartered in Mumbai. The company is counted among world’s top five construction companies. It was founded by two Danish engineers taking refuge in India. As of 2020, L&T Group comprises 118 subsidiaries, 6 associates, 25 joint-venture and 35 joint operations companies, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services.
Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an Indian automobile manufacturer, based in New Delhi. It was founded in 1981 and owned by the Government of India until 2003, when it was sold to Suzuki Motor Corporation. As of September 2021 Maruti Suzuki has a market share of 49 percent in the Indian passenger car market.
48.ADANI GREEN ENERGY
Adani Green Energy Limited (AGEL) is an Indian renewable energy company headquartered in Ahmedabad, Gujarat. It is owned by Indian conglomerate Adani Group. The company operates Kamuthi Solar Power Project, one of the largest solar photovoltaic plants in the world. The company was incorporated on January 23, 2015, as Adani Green Energy Limited under the Companies Act 2013. Currently, the company manages 5,290 MW of wind energy and solar power plants including 46 operational projects in 11 states of India namely Uttar Pradesh, Rajasthan, Punjab, Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Andhra Pradesh, Karnataka, Tamil Nadu, and Telangana.
Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses. As of 30 June 2016, 30.81% shares are owned by the promoters and the promoter group (United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, New India Assurance Company Ltd, GIC, LIC and UTI). The remaining 69.19% shares are owned by mutual funds, FIIs, banks, insurance companies, corporate bodies and individual investors.
UltraTech Cement Limited is an Indian cement company based in Mumbai. It is a subsidiary of the Indian multinational conglomerate, Aditya Birla Group. Ultratech is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India with an installed capacity of 116.75 million tonnes per annum, and is the only company in the world to have a capacity of over 100 million tonnes in a single country, outside of China. UltraTech Cement has 23 integrated plants, 1 clinkerisation plant, 26 grinding units and 7 bulk terminals. Its operations span across India, UAE, Bahrain and Sri Lanka.