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Dun & Bradstreet, a provider of global business information, knowledge and insight, released the 15th edition of its premium publication ‘India’s Top 500 Companies 2015’ recently, in which 35 companies from Karnataka have found place.
The ‘India’s Top 500 Companies & Corporates 2015’ this year has 35 companies from the state as compared to 25 companies in 2014.
Banking and Financial Services sector led the pack with seven entities, followed by Software & ITeS (five entities) and Real estate sector (three entities).
Textiles, Liquor and Gems & Jewellery came jointly third with two entities each from the state. Around 28 companies featured among 35 are headquartered in state’s capital Bengaluru while three entities are headquartered in Mangaluru.
Textiles, Liquor and Gems & Jewellery came jointly third with two entities each from the state. Around 28 companies featured among 35 are headquartered in state’s capital Bengaluru while three entities are headquartered in Mangaluru.
Among the 35 companies from Karnataka are: Infosys Limited, Wipro Limited, Bosch Limited, Titan Company Limited, Canara Bank, ABB India Limited, Britannia Industries Limited, Bharat Electronics Limited, Biocon Ltd, Sobha Limited, 3M India Limited, Vijaya Bank, Corporation Bank, Mangalore Chemicals and Fertilisers Limited, Prestige Estates Projeccts Limited, United Breweries Limited and United Spirits Limited.
Highlighting the key insights from the publication, Kaushal Sampat, President & MD - India, Dun & Bradstreet said, “We have seen a remarkable increase in optimism about India and its economic prospects over the last 12-18 months. But, I must admit that the situation through the 3Q results (Apr 2014-Dec 2014) for the Top 500 Companies shows that while the recovery is underway, the pace remains a concern.”
The total income of Top 500 companies for the Q3 period has grown by 5%, a slowing down compared to the 9% growth recorded in similar period prior year.
While, the slowing down in topline growth is mainly attributed to de-growth in sectors such as Oil Refining & Marketing, Oil & Gas Exploration, Petrochemicals and Polymers, we have also seen 51 new entrants compared to 45 companies that made their debut in the previous edition.
The India’s Top 500 Companies 2015 report underlines sectoral demands to aid the corporate to address business challenges and align with the growth; addition of sectors like Packaging & Allied Activities, Shipbuilding & Allied Activities, Wood and Wood Products has perceived demand of the sector. The current edition also indicates companies investing in R&D, CSR and Technology Adoption.
‘India’s Top 500 Companies’ is among the longest running publications in the country that ranks and felicitates high performance Indian companies in terms of various financial and operational parameters.
This edition also marks Dun & Bradstreet’s two decades of presence in the country. The top corporates from 50 sectors were also felicitated on the occasion through the Dun & Bradstreet Corporate Awards 2015.
Highlighting the key insights from the publication, Kaushal Sampat, President & MD - India, Dun & Bradstreet said, “We have seen a remarkable increase in optimism about India and its economic prospects over the last 12-18 months. But, I must admit that the situation through the 3Q results (Apr 2014-Dec 2014) for the Top 500 Companies shows that while the recovery is underway, the pace remains a concern.”
The total income of Top 500 companies for the Q3 period has grown by 5%, a slowing down compared to the 9% growth recorded in similar period prior year.
While, the slowing down in topline growth is mainly attributed to de-growth in sectors such as Oil Refining & Marketing, Oil & Gas Exploration, Petrochemicals and Polymers, we have also seen 51 new entrants compared to 45 companies that made their debut in the previous edition.
The India’s Top 500 Companies 2015 report underlines sectoral demands to aid the corporate to address business challenges and align with the growth; addition of sectors like Packaging & Allied Activities, Shipbuilding & Allied Activities, Wood and Wood Products has perceived demand of the sector. The current edition also indicates companies investing in R&D, CSR and Technology Adoption.
‘India’s Top 500 Companies’ is among the longest running publications in the country that ranks and felicitates high performance Indian companies in terms of various financial and operational parameters.
This edition also marks Dun & Bradstreet’s two decades of presence in the country. The top corporates from 50 sectors were also felicitated on the occasion through the Dun & Bradstreet Corporate Awards 2015.
