Navratna companies - Most Successful Public Sector Enterprises of India

Navratna title is given to most successful nine Public Sector Enterprises (PSEs) of India in the year 1997. Now the number of Navratna companies rose to 19. These Navratna companies are profit making and globally competent companies of India. These industries and companies are pride of India, have their mark of presence in the global economy. We have listed these 19 Navratna companies as following :

• Bharat Electronics Limited : BEL is one of the electronics companies in India and it got the status of Navartna from the Government of India. As of April 1, 2008, BEL's order book is estimated to be around Rs.9,450 crores.

• Bharat Heavy Electricals Limited : BHEL is largest engineering and manufacturing enterprise in India. Its products are power generation, industries, transportation, renewable energy, oil and gas and transmission. This PSU has good track record for last fifty years.

• Bharat Petroleum Corporation Limited : BPCL is one of largest oil and gas company in India bearing the status of Navratna. It is one of finest oil companies in India, in the arena of petroleum industry.

• Coal India Limited : CIL is the world's largest coal miner and best PSU owned by the Government of India. The headquarter of the CIL is in Kolkata, India. Its a coal mining and production industry.

• GAIL (India) Limited : GAIL was known as Gas Authority of India Ltd. Its one of largest gas transportation PSU of India.

• Hindustan Aeronautics Limited :HAL is one of Asia's largest aerospace companies and pride of India in the arena of aerospace and defense.
  

• Hindustan Petroleum Corporation Limited : HPCL is one of giant oil companies in India. HPCL got the Navratna awards from the government of India. It's also a globally recognizedcompany of India.

• Indian Oil Corporation Limited : Indian Oil is a PSU of the government of India having the Navratna status. It's major products are petrol, diesel, kerosene, LPG and petrochemicals.

• Mahanagar Telephone Nigam Limited : MTNL is Government of India owned telephone service provider. Most recognized company in the telecom arena. First 3G Mobile service was stared by MTNL in India. '

• National Aluminium Company Limited : NALCO is the Aluminium manufacturing industry of India. It's is recognized globally for its latest and finest technology in Aluminium manufacturing and also largest industry in aluminium complex and encompassing bauxite mining.
  

• National Mineral Development Corporation Limited : NMDC Limited is the largest iron ore producer in India. This is government owned PSU,that also got the status of Navratna.

• Oil India Limited: Oil India (OIL) is the pioneer in exploration and production of hydrocarbons in India, and traces its roots back to Oil India Private Ltd.

• Power Finance Corporation Limited : Its a major financial PSU in power sector in India. It's advances the loans like - rupee term loan, foreign currency loan and short term loan.

• Power Grid Corporation of India Limited (PGCIL) : PGCI is the largest transmission utilities in India and is a Navrantna Public sector Enterprise.

• Rural Electrification Corporation Limited : The major task of this Navratna Public Sector Undertaking is to finances and promotes electrification projects in rural parts of India.

• Shipping Corporation of India (SCI) : SCI was incorporated in the year 1961. It operates and manages vessels that services both national and international lines.

• Steel Authority of India Limited (SAIL) : SAIL is one of the highest profit making PSUs in India. It was founded in 1954. With the annual production of 13.5 million metric tons, SAIL is the 16th largest steel producer in the world.

• National Thermal Power Corporation : NTPC Limited is one of largest power generation company in India.

• Oil and Natural Gas Corporation Limited (ONGC) : ONGC was incorporated in 1993, with in span of few years it become Asia's largest and most active companies involved in exploration and production of oil.

Top Software Companies in India

The Software Companies in India are growing fast. The success and growth of software companies was hit due to the global downturn. Now the situation has been changed and the companies are back on the track again. Here are some of the top software companies of India.
Tata Consultancy Services (TCS) : TCS is a software services and consulting company headquartered in Mumbai, India. TCS is the largest provider of information technology and business process outsourcing services in India. The company is listed on the National Stock Exchange and Bombay Stock Exchange of India.

Wipro : Wipro is a multinational information technology services corporation headquartered in Bangalore, India. Wipro is the third-largest IT services company in India and employs more than 98,391 people worldwide as of 2009. It has interests varying from information technology, consumer care, lighting, engineering and healthcare businesses. Azim Premji is the Chairman of the board.

Infosys : Infosys is a multinational information technology services company headquartered in Bangalore, India. Infosys is the second-largest IT company in India with 105,453 professionals (including subsidiaries) as of Nov 9, 2009.

Mahindra Satyam : Mahindra Satyam (formerly known as Satyam Computer Services Ltd) was founded in 1987 by B Ramalinga Raju. The company offers consulting and information technology (IT) services spanning various sectors, and is listed on the New York Stock Exchange, the National Stock Exchange (India) andBombay Stock Exchange (India). In June 2009, the company unveiled its new brand identity “Mahindra Satyam” subsequent to its takeover by the Mahindra Group’s IT arm, Tech Mahindra.

HCL Technologies :HCL Technologies is a global IT Services company headquartered in Noida, a suburb of Delhi, India led by Mr Vineet Nayar. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.3 billion (Rs. 11,270 crores), as of 30 Sept. 2009 and employed 54,443 workers.

Patni Computer Systems Ltd., : Patni Computer Systems Ltd., is a provider of Information Technology services and business solutions. The company employs over 14,500 people, and has 23 international offices across the Americas, Europe and Asia-Pacific,as well as offshore development centres in 8 cities in India. Patni's clients include more than 200 Fortune 1000 companies.

Oracle Financial Services Software : Oracle Financial Services Software Limited (formerly called i-flex Solutions Limited Reuters: IFLX.BO and IFLX.NS ) is an IT solution provider to the banking industry. Oracle Financial Services is majority owned by Oracle Corporation.

MphasiS Limited : MphasiS, (an HP Company), is an information technology and business process outsourcing (BPO) company based in Bangalore, India. The company was originally formed as MphasiS BFL Limited in June 2000 after the merger of the US-based IT consulting

Larsen & Toubro Infotech : L&T Infotech is a global IT services and solutions provider. Their clients include industry leaders like Chevron, Freescale, Hitachi, Sanyo and Lafarge, among others. company MphasiS Corporation and the Indian IT services company BFL Software Limited.

Top 10 Companies of India

Indian companies are back on track again, the tough time of global recession is over. Indian companies had hard time last year as the world was reeling under the pressure of economic slowdown. Thanks to the Government of India and Finance Minister of India for backing the interest of Indian companies through various stimulus packages. Now the impact of the economic slowdown is almost over and software, banking, finance and other companies aim to give the benefit to its employees in form of bonus. The union budget was presented and there was positive response from Indian companies. Here we have listed the top 10 companies of India:

1. Reliance Industries Limited (RIL) : RIL is one is India's largest private sector conglomerate (by market value). Since its set up in 1966, the company has been growing. The company has total assets of US$34.99 billion till 2009 and has been listed in Forbes list several times.
2. Oil and Natural Gas Corporation Limited (ONGC) : ONGC is an Indian public sector petroleum company, which incorporated in the year 1993.It produces about 30% of India's crude oil requirement. ONGC has total assets of around US$ 35.35 billion till 2008.
3. State Bank of India (SBI) : SBI is said to be the best trusted bank in India. It is the oldest bank of India, it was found in 1806. By then it was Imperial Bank of India, in 1955 the government of India has nationalized the bank. The SBI has total assets of US$ 257.18 billion.
   
4. Indian Oil Corporation (IndianOil) : IndianOil is one of the major petroleum companies in India. IndianOil is the largest Indian Public sector Petroleum company that ranked 105 in the Fortune Global 500 list compiled in the year 2009. The total assets of IndianOil is around US $33.64 billion till 2008.
5. ICICI Bank : Formerly ICICI bank was known as Industrial Credit and Investment Corporation of India. ICICI bank is one of the largest private bank in India.ICICI bank has total assets of USD 120.61 billion at March 31, 2009.
6. NTPC Limited : NTPC Ltd is a major power generation public sector company in India. The company has been ranked 317 in the list of Forbes Global 2000 companies for 2009. Its one of the top 10 companies of India. NTPC has
7. Steel Authority of India Limited (SAIL) : SAIL is the top steel makers of India and its is in the top five highest profit earning corporates in India. SAIL has total assets of US$10.54 billion in 2008.
   
8. Tata Steel : Tata Steel is another major steel manufacturing private company in India. Tata Steel is the sixth largest steel company in the world. It has capacity of manufacturing 31 million tonnes of crude steel. Tata Steel has the total assets of US $31.16 billion in 2009.
   
9. Bharti Airtel : Popularly known as Airtel in India, is the one of the major cellular service provider in India. Bharti Airtel has more than 121 million subscribers as of January 2010 and recently it has cleared to acquire major company in Bangladesh. The subscribers will increase once it starts operation in Bangladesh. Wireless, Telephone, Internet and Satellite television are the major products of Bharti Airtel.
   
10. Reliance Communications : It's another major companies of India in the arena of telecommunications and second largest mobile operators in India. The company has total asset of US $19.31 billion in 2008. Wireless, Telephone, Internet and Television are the major products of this company.
    

The above listed are the top ten companies of India in various arenas.


http://www.businessnewsthisweek.com/2010/03/top-10-companies-of-india.html

Top 20 cash rich companies

In the current scenario, where every event is marked with uncertainties and good companies are available at never-seenbefore valuations, we decided to conduct an analysis based on
cash balances with the companies.

In this approach, we have undertaken the following steps:

1. We chose BSE 500 (excluding banking stocks) as our universe, thereby covering ~84% of the BSE market capitalization.

2. We ranked the companies on the basis of Net Cash Balance as a percentage of Market Capitalization.

3. In step 2, we found 147 companies to be net cash positive as per the last audited results. The remaining companies were excluded from further analysis.

4. Thereafter, we removed the companies with a market capitalization of less than Rs 2,000 crore. After this, we were left with 20 companies.

5. The top 8 (on the basis of ranks in step 2) of these 20 companies have been presented in this report, alongwith our views.

The Top 8

• Hindustan Zinc
• NALCO
• Bharat Electronics
• MTNL
• Neyveli Lignite Corporation
• Satyam Computers
• Thermax
• Maruti Suzuki

50 cash rich companies

In today's Datawatch we look at stocks that carry a substantial cash and bank balance in their books.

What is cash rich company?
Cash and bank balances indicate the amount of cash that a company has on its books at a specific point in time. The position of cash and bank balances net of debt is one of the indicators of financial strength and liquidity of the company. Cash and bank balances include balance with bank, term deposit with banks and cash in hand/others.

Importance of cash rich company
Analysts suggest that a cash rich company is a sign of financial strength while a small cash position is a possible caution or warning sign. The cash rich companies have an edge over cash strapped companies as cash can be used to fund operations and acquisitions, to buyback shares and to repay debt. It also helps the company to survive in torrid times of recession. A dark side of cash rich company is that too large of a cash position can often signal waste of funds as the funds are placed idle or produce very modest return.

Data Coverage
We have taken all the listed companies on the Bombay Stock Exchange. We have taken only those companies whose cash value net of debt is greater than Rs 300 crore and sorted the top 50. We have not taken the investment value into consideration since some companies have invested in government bonds or group companies.

Interestingly, 8 companies out of top 10 cash rich companies by value were PSU companies.

* All figures (Rs in Cr)

Company	Investments	Cash and	Total	Net	Market
		Bank Bal.	Debt	Cash	Cap
BHEL	6	10329	167	10163	111713
SAIL	37	18486	8666	9820	73108
NMDC	72	9740	-	9740	144910
Infosys	-	9695	-	9695	137855
M T N L	465	4803	-	4803	5868
Rajesh Exports	385	5537	1951	3587	2066
Natl. Aluminium	896	2869	-	2869	23440
MMTC	399	6022	3209	2814	168240
Hind.Zinc	6929	2719	9	2710	34645
Bharat Electron	-	2658	2	2656	11450
Cairn India	171	6527	4356	2171	49854
TCS	1614	2698	563	2135	117598
Engineers India	151	1921	-	1921	6326
Container Corpn	168	1767	49	1718	14742
Oracle Fin.Serv.	1	1549	-	1549	15173
Sun Pharma.	1859	1669	179	1490	24953
Hind. Unilever	288	1864	434	1430	58484
Siemens	245	1322	11	1311	18836
Neyveli Lignite	722	5482	4210	1272	22909
Maruti Suzuki	3277	1987	759	1228	47938
ITC	2507	1318	187	1132	88101
Eicher Motors	6	1260	166	1094	1527
PTC India	533	1052	20	1032	2597
Edelweiss Cap.	270	1721	762	959	3387
HCL Technologies	1377	1011	55	956	22947
Glaxosmit Pharma	730	957	6	951	12694
Bosch	867	1071	264	806	13153
Lak. Mach. Works	104	627	-	627	1766
Hinduja Global	1	665	87	578	1038
India Infoline	315	627	52	575	4248
Ambuja Cem.	328	852	289	563	15192
Pfizer	1	544	-	544	2492
Motil.Oswal.Fin.	49	543	0	543	2444
Tech Mahindra	435	538	-	538	11108
Ingersoll-Rand	0	515	-	515	1038
ACC	517	991	482	509	15905
Aventis Pharma	5	497	-	497	3405
GlaxoSmith C H L	-	471	-	471	4867
Apar Inds.	0	611	161	450	497
Anant Raj Inds	309	626	210	416	4295
Hind.Copper	-	529	113	415	21132
JM Financial	603	525	134	391	3203
Thermax	144	373	4	369	6642
Alstom Projects	-	368	1	367	3820
Indiabulls Sec.	52	462	112	350	1348
A B B	61	348	0	348	16987
Bajaj Finserv	6595	642	311	331	4271
Heidelberg Cem.	0	338	10	328	1015
Dredging Corpn	30	332	6	326	1409
Info Edg.(India)	18	322	0	322	1914

Source: Capitaline

Disclaimer: Datawatch is purely intended to reveal interesting statistics. Moneycontrol sources all price information from BSE/NSE and company information from Religare Technova. Moneycontrol is not responsible for inaccuracy/non-updation of data. There is no intention whatsoever to arrive at any conclusion or recommend any stocks or sectors. Please consult your financial advisor before taking any investing decisions.