RIL is India’s largest co with Rs 3.68 lakh cr worth assets

RIL is India’s largest co with Rs 3.68 lakh cr worth assets

FPJ BureauUpdated: Saturday, June 01, 2019, 03:28 AM IST
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New Delhi: Reliance Industries Ltd is the country’s largest corporate with assets worth Rs 3.68 lakh crore, followed by state-owned Indian Oil Corp and mortgage lender HDFC.

In the list of top 10 corporates in terms of assets, RIL and HDFC (Housing Development Finance Corp) were the only two firms from the private sector, data compiled by the Corporate Affairs Ministry showed.

At the end of March 2014, RIL’s assets stood at Rs 3.68 lakh crore, while that of Indian Oil Corp and HDFC was at Rs 2.52 lakh crore and Rs 2.25 lakh crore, respectively.

This information was given by Corporate Affairs Minister Arun Jaitley in a written reply to the Rajya Sabha. Other entities in the top ten are Power Finance Corp (4th), NTPC (5), Rural Electrification Corp (6), Power Grid Corp (7), LIC Housing Finance (8), Steel Authority of India (9) and Bharat Sanchar Nigam Ltd (10).

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