Business
Reliance Industries is top Indian company on asset base
New Delhi, March 10
Mumbai-based conglomerate
Reliance Industries Ltd. heads the list of India's top 10 companies
ranked in terms of their asset base as on March 31, 2014, parliament was
informed on Tuesday.
In a written reply to the Rajya Sabha,
Corporate Affairs Minister Arun Jaitley said Reliance Industries with an
asset base of Rs.3,67,583 crore was ranked No.1 in the country.
The
other companies in the top 10 in their ranking order are: Indian Oil
Corporation Ltd. (Rs.2,52,413.78 crore), Housing Development Finance
Corporation Ltd. (Rs.2,25,757.39 crore), Power Finance Corporation Ltd.
(Rs.1,94,164.10 crore), NTPC Ltd. (Rs.1,79,554.18 crore), Rural
Electrification Corporation Ltd. (Rs.1,52,852.90 crore), Power Grid
Corporation of India Ltd. (Rs.1,39,589.07 crore), LIC Housing Finance
Ltd. (Rs.95,777.02 crore), Steel Authority of India Ltd. (Rs.91,961.89
crore) and Bharat Sanchar Nigam Ltd. (Rs.89,333.44 crore).
The
total reported value of the assets of the 4,15,886 companies that filed
their balance sheets for March 31, 2014 till November 30, 2014 was
Rs.117.08 lakh crore, and the share of the top 10 companies in the total
value of assets was 15.3 percent on March 31, 2014.