Oil & Natural Gas Corporation Ltd. (ONGC), a Maharatna and most valuable public sector enterprise in India. It is the largest crude oil & natural gas Company contributing around 70% to Indian domestic production. Crude oil is the raw material used by downstream companies like IOC, BPCL and HPCL to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas-LPG. ONGC ranks 11th among global energy majors (Platts). It is the only public sector Indian company to feature in Fortune's Most Admired Energy Companies' list. ONGC ranks 18th in Oil and Gas operations' and 183rd overall in Forbes Global 2000. Acclaimed for its Corporate Governance practices, Transparency International has ranked ONGC 26th among the biggest publicly traded global giants. It is most valued and largest E&P; Company in the world, and one of the highest profit-making and dividend-paying enterprises....
Company Background - Indian Oil Corporation Ltd. (IOC), India's flagship national oil company and downstream petroleum major, was incorporated on 1959 as Indian Oil Company. The company was renamed as Indian Oil Corporation in 1964 following the merger of Indian Refineries (established 1958) with it. IOC's core business has been refining, transportation and marketing of petroleum products. In line with India's growing energy demand, the Company has over the years expanded its operations across the hydrocarbon value chain...
Power Grid Corporation of India Ltd. (PGC) is the Central Transmission Utility (CTU) of the country and a Navratna Company operating under Ministry of Power. It is headquartered in Gurugram and transfers almost half of all power generated in India. PGC is engaged in power transmission business with the responsibility for planning, implementation, operation & maintenance of inter-state transmission system, telecom, and consultancy. PGC was incorporated in 1989 under the name National Power Transmission Corporation Ltd. but the name was subsequently changed to its present name in 1992. The objective of PGC is to create a strong and vibrant national...
Keeps Key Rates Unchanged & Change its stance from Neutral' to Calibrated Tightening' The Reserve Bank of India (RBI) announced its Fourth Bi-monthly Monetary Policy review (2018-19), wherein, it has unchanged the benchmark repo rate after two consecutive hikes but mentioned about lurking inflationary threat, fiscal...
Mphasis Ltd. is a provider of Information Technology Outsourcing (ITO), Applications Services Outsourcing and Business Process Outsourcing services. Mphasis was formed in June 2000 as MphasiS BFL. The merger between the US-based IT consulting company Mphasis Corporation (founded in 1998) and the Indian IT services company BFL Software (founded in 1993) led to formation of Mphasis. Mphasis applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis' Front2Back Transformation approach. Mphasis' core reference architectures...
Larsen & Toubro Limited (L&T;) is a USD 18 billion technology, engineering, construction, projects, manufacturing and financial services conglomerate, with global operations. It addresses critical needs in key sectors infrastructure, construction, defence, hydrocarbon, heavy engineering, power, shipbuilding, aerospace, electrical & automation, mining and metallurgy. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T; to attain and sustain leadership in its major lines of business for over seven decades. Financials - For the period of FY14-18, its topline and bottomline grew at a CAGR of ~9% & 15% respectively. In Q1FY19 L&T;'s consolidated net sales grew by ~18% to Rs. 28,283 crore and its operating profit was higher by ~25% to Rs. 4,812 crore. Its Net Profit for the quarter increased by ~36% to Rs. 1,215 crore from Rs. 893 crore as compared to the same quarter previous year....
KARDA's, two and half decades of experience, strong presence in Nasik region, established brand and reputation, its proven execution capabilities, strong project pipeline, vast land reserves and an ability to identify new products are amongst its key strengths which could enhance their visibility among the customers and market. Further, the government is backing the sector with several initiatives like a push to develop 100 cities into smart cities, initiatives like Housing for all by 2022 for a growing population in both urban as well as rural India backed by both...
Hikes Repo Rate again by 25bps but kept its policy stance as 'neutral' The Reserve Bank of India (RBI) announced its Third Bi-monthly Monetary Policy review (2018-19), wherein, it has increased the benchmark repo rate for the second time in a row, as it tries to fend off rising inflation pressures and mentioned about fiscal slippage, global crude oil price volatility, financial market volatility and potential trade wars which poses a threat to the outlook but kept its policy stance as 'neutral'. The decision of the Monetary Policy Committee (MPC) is consistent with the neutral stance of monetary policy in consonance with the...
RBL Bank Ltd. (RBL) formerly known as Ratnakar Bank Ltd. is a Scheduled Commercial Bank (SCB) which came into operations in 1943 and was incorporated as a small, regional bank in Maharashtra with two branches in Kohlapur and Sangli. Presently, it is one of India's fastest growing private sector banks and offers a comprehensive range of banking products and services which are mainly categorized in five sectors: Corporate & Institutional Banking, Commercial...
