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Know about the major subsidiaries, operational joint ventures, and listed associate companies of ITC.
Tata Steel. Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across 10 clusters.
- What Is A Conglomerate?
- List of 7 Top Conglomerates in India
- Closing Thoughts
A conglomerate in simple words is a multi-industry company. A conglomerate includes one group that overlooks multiple business entities in entirely different industries. One may wonder why companies would even want to grow into multi industries instead of maintaining a profitable lead by focussing on one industry. It is because such companies put g...
1. Reliance Industries Ltd.
This Indian conglomerate company was founded as Reliance commercial corp. 60 years ago by Dhirubhai Ambani. The company was partitioned after Dhirubhai Ambani’s death between his two sons. Hence came Reliance Industries headed by Mukesh Ambani. The company owns oil, petrochemical, textile, natural resource, banking, and telecommunication enterprises throughout India. RIL is currently one of the most profitable and largest publicly-traded companies in India. The company has an MCAP of over Rs....
2. Tata Group
Tata Group is an Indian conglomerate giant founded in 1868 by Jamsetji Tata. The conglomerate is owned by Tata and Sons and is currently run by Natarajan Chandrasekaran. However, it is Ratan Tata’s legacy of 21-years tenure that is admired by many. During his tenure revenues grew over 40 times and profit over 50 times. Under him Tata acquired Tetley and Tata Motors acquired Jaguar Land Rover. Tata group has companies present in automobile, airline, chemical, defense, FMCG, electric utility, F...
3. Aditya Birla Group
Birlas are one of the most popular names in the business world in India and Aditya Birla Group is one of the biggest Conglomerates in India. The group was founded by Seth Shiv Narayan Birla in 1857 and currently headed by Kumar Mangalam Birla as its chairman. The group operates in Branded Apparels, Fashion, Textiles, Cement, Carbon Black, Metals, Chemicals, Telecom, Financial Services, and more.
Today, in this article, we covered seven of the top conglomerates in India. Although there are multiple advantages that the company enjoys by extending into other industries, not all companies opt for it. Take Unilever for eg. The company in its pursuit to gain a larger margin branched itself into every activity that might be necessary for its busi...
The Tata Group (/ ˈ t ɑː t ɑː /) is a group of companies headquartered in Mumbai, India. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries.
Jan 2, 2024 · A group structure is created when a company (directly or indirectly) owns one or more other company. The company at the top of the structure is called a parent or holding company and can have several subsidiaries beneath it. All companies in the group are under the ultimate ownership and control of the parent company.
- Haydn Rogan
- Partner
- haydn.rogan@weightmans.com
A corporate group, company group or business group, also formally known as a group of companies, is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager.
3 days ago · NSE Group Companies. Updated on: 23/05/2024. Have a look at the list of national stock exchange group of companies.
