A COUNTRY’S GROWTH story is often determined by its energy prowess and in India, power demand is burgeoning. To catch up, Indian power companies—both conventional and renewable—are ramping up investments in the sector. Investments in the power sector

Overall ranks are based on average market capitalisation (October 2023 to September 2024). ‘Rank 2023’ is as published in last year’s BT500. Parameter ranks are for within the top 1,000 companies. Ranks have been assigned based on multiple decimals.

INDIA’S PHARMACEUTICAL BUSINESS was a cocktail of ingredients that ranged from success in foreign markets to leadership in a field, from filling supply-chain gaps to making APIs for new drugs. Some companies saw their market capitalisation grow, whil

THE SMELL TEST. For most bankers, this often remains a key yardstick—even though informal—to assess the credibility of a borrower and their ability and intent to pay off a loan. The smell test seems to be working, at least for some of India’s largest

THOMAS MATTHEW (pictured), a former Indian Administrative Service officer, is the author of a new biography—Ratan N. Tata: A Life—on Ratan Tata (RNT), the former Chairman Emeritus of Tata Sons, the holding company of the Tata group, who passed away r

THE COUNTRY’S MOST valued companies have been ranked based on market capitalisation by Business Today every year since 1992. Like previous years, this year’s rankings are based on their average market capitalisation for the 12-month period from Octob

ROBUST INFLOWS FROM domestic investors supported the Indian equity market during this year’s study period (October 2023 to September 2024) of the BT500 list of India’s most valuable companies. Overall, the average market capitalisation (m-cap) of the

BETWEEN OCTOBER 2023 and September 2024, the BSE Sensex—the stock market’s barometer—jumped 28%, climbing from the 65,828-mark in September 29, 2023 to an impressive 84,300 on September 30, 2024. This upswing in the 30-share BSE Sensex wasn’t just nu

IN A REMARKABLE display of resilience and growth, the average market capitalisation (m-cap) of India Inc. surged to more than ₹400 lakh crore by September 2024. This significant increase underscores the robust performance of Indian corporates over th

The Top 100 companies contributed more than ₹250 lakh crore in this year’s cumulative average market capitalisation* Figures in ₹ lakh crore; *Sum of average m-cap from October 2023 to September 2024 With a market cap of ₹87 lakh crore, the BFSI sect

IN JULY 2022, just a year after debuting in the stock exchange at ₹115, Zomato’s share price nosedived to below ₹50. Its future seemed uncertain. A non-profitable start-up hitting the stock market was a bold move—and, to some, even reckless. Investor

IT IS NOT easy to dominate an industry and yet be agile enough to capitalise on new trends in customer demand. Maruti Suzuki India Ltd (MSIL), the country’s largest car manufacturer, has managed to do just that, pouncing on new opportunities while ra

IF THE DECADE before the Covid-19 pandemic for the real estate sector was defined by stagnant growth, poor execution of projects, and occasional disruptions due to fraudulent practices by developers, the years that have followed since have been marke

MENTION TATA POWER, and the uninitiated may think of an archaic electricity provider. Yet the company is more than just that. To Praveer Sinha, Tata Power’s Managing Director and Chief Executive Officer, the effort is to constantly reinvent the centu

RHI Magnesita is a €3.6-billion refractory products company that serves a range of industries such as steel, cement and non-ferrous metals and has a workforce of more than 20,000 people across 67 sites. Mergers and acquisitions (M&A) are a big compon

The latest addition to the numerous hotels and resorts near Ranthambore National Park, Aamaghati Wildlife Resort is all about being one with nature without giving up on creature comforts. So, while a special technique involving mud, cow dung, and lim

*FOR THE STUDY PERIOD OCTOBER 1, 2023, TO SEPTEMBER 30, 2024 #MANY OF THE SUBSIDIARIES FALL UNDER THE BANK; ^INCLUDES CENTRAL AND STATE PSUs SOURCE: ACE EQUITY; ONLY FIRMS THAT ARE A PART OF THE BT500 LIST HAVE BEEN CONSIDERED • Tata Consultancy Serv

DESCRIBING SHASHIKANT RUIA is no simple task. Perhaps he epitomised the quintessential Indian entrepreneur: a sharp thinker adept at navigating complex systems with skill and charm. Ruia, who passed away on November 25, was a man of boundless ambitio

WHEN RELIANCE INDUSTRIES Ltd (RIL) launched its Jio mobile telephony service in September 2016, it was like a cyclone making landfall. Existing rivals had no strategy (read: money) to stand before its initial free-for-six-months offer or its astute d

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KUSHAL PAL SINGH, credited with making Gurugram an urban metropolis, has had a remarkably successful career spanning over six decades. But there were disappointments for the 95-year-old visionary. One of them was the untimely death of former Prime Mi

CHAIRMAN & MD, RELIANCE INDUSTRIES LIMITED ₹9.60 LAKH CRORE VALUE OF TOTAL PROMOTER HOLDING RIL HAS A PRESENCE IN HYDROCARBON EXPLORATION AND PRODUCTION, PETROLEUM REFINING AND MARKETING, PETROCHEMICALS, RETAIL AND TELECOMMUNICATIONS. AMBANI IS ALSO

IT HAS BEEN an eventful year for India’s insurance sector. From public sector giants to new entrants, they have all experienced growth—some remarkable, others stable. Consider this: the Life Insurance Corporation of India (LIC), General Insurance Cor