Union Ministry of Corporate Affairs released the data of top ten Corporate of 2014

Mar 11, 2015 16:10 IST

Union Ministry of Corporate Affairs on 10 March 2015 released data of top ten Corporate of 2014. The pack of top ten corporate comprises of eight public sector undertakings and two private sector undertakings.

In term of assets, Reliance Industries Ltd (RIL) is the largest corporate with assets worth 3.68 lakh crore rupees. RIL is followed by state-owned Indian Oil Corporation (IOC) with assets worth 2.52 lakh crore rupees and mortgage lender Housing Development Finance Corp (HDFC) with assets worth 2.25 lakh crore rupees.

Other entities in the top ten are Power Finance Corporation (4), National Thermal Power Corporation (NTPC) (5), Rural Electrification Corporation (devil), Power Grid Corporation (7), LIC Housing Finance (music), Steel Authority of India Limited (9) and Bharat Sanchar Nigam Limited (10).

Power Finance Corp's assets stood at 1.94 lakh crore rupees, NTPC 1.80 lakh crore rupees, Rural Electrification Corp 1.53 lakh crore rupees, Power Grid Corp 1.40 lakh crore rupees, LIC Housing Finance 95777 crore rupees, Steel Authority of India 91962 crore rupees and Bharat Sanchar Nigam Ltd 89333 crore rupees.

The list is based on data from 415886 companies which had filed their balance sheets for the year 2013-14 till November 2014.

The total reported value of the assets of all the 415886 companies was 117.08 lakh crore rupees and the share of top ten companies in the total value of assets was 15.3 percent in March 2014.

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