#BS1000 | The financial year 2020-21 was one of recovery for corporates after the outbreak of the Covid-19 pandemic in the last quarter of FY20 and the subsequent national lockdown brought economic activity to a halt in the April-June 2020 quarter. 

The combined revenues of BS1000 companies were down just 6.1 per cent in FY21 over the previous year, despite a complete washout in the first quarter of the financial year.

Top companies cornered a bigger chunk of revenues in many industries.

Take a look at India's most valued companies


BS 1000: Most Valuable Indian Companies

Credit information company TransUnion CIBIL Ltd on Thursday said Rajesh Kumar, its chief executive and managing director for the past five years, has resigned "recently".
The credit information company said it has elevated Chief Revenue Officer Bhavesh Jain to the position vacated by Kumar, who resigned citing personal reasons.
The timeline for Kumar's departure and Jain's transition into the new role was not specified.
The announcement of the top executive's departure comes days after Congress MP Karti Chidambaram criticised TransUnion CIBIL in the Lok Sabha, and blamed the company for being non-transparent.
Chidambaram had said the "Cibil score" highlighting an individual's credit history has grown to have a big influence on banks while they make lending decisions but there is a lack of transparency.
"Nobody knows how Cibil as an organisation works, we do not know whether they are updating our credit history properly. there is no transparency, there is no way for us to appeal, a

The credit information company said it has elevated Chief Revenue Officer Bhavesh Jain to the position vacated by Kumar, who resigned citing personal reasons

State-owned NBCC has been appointed as a project management consultant to complete Supertech Ltd's 16 real estate projects at a cost of nearly Rs 9,500 crore, a move that will provide relief to thousands of homebuyers.
In a regulatory filing on Thursday, the company informed that the National Company Law Appellate Tribunal (NCLAT), vide its order dated December 12, 2024, has "appointed NBCC (India) Limited as Project Management Consultant for the completion of 16 projects of Supertech Ltd".
NBCC will complete 16 projects, comprising 49,748 houses in Uttar Pradesh, Uttarakhand, Haryana and Karnakata.
"The tentative construction cost of the project is approx Rs 9,445 crore, including 3 per cent contingency. The consultancy fee has been fixed as 8 per cent, including 1 per cent marketing fee," NBCC said.
The public sector company is mainly into project management consultancy (PMC) and real estate business.
NBCC is already completing stalled projects of Amrapali Group on the order of 

NBCC will complete 16 projects, comprising 49,748 houses in Uttar Pradesh, Uttarakhand, Haryana and Karnakata

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Kerala Chief Minister Pinarayi Vijayan on Thursday said that the cooperation between Kerala and Tamil Nadu is based on the principles of cooperative federalism and called for its expansion to other states to curb frequent interventions in their rights.
He was delivering the keynote address at the public meeting held at Vaikom Beach in this district after his Tamil Nadu counterpart M K Stalin inaugurated the renovated Thanthai Periyar Memorial and Periyar Library, established in honour of Dravidar Kazhagam founder E V Ramasamy.
Vijayan, who shares a special friendship with Stalin, said the collaboration between Kerala and Tamil Nadu is a testament to cooperative federalism, highlighting the enduring bond between the two states.
"This cooperation cannot be described in mere words and is demonstrated through actions," he added.
In the current scenario, where there are frequent interventions on the rights of the states, especially economic autonomy, this cooperation should be extended 

Collaboration between Kerala and Tamil Nadu is a testament to cooperative federalism said CM

Stakeholders from the micro, small and medium enterprises (MSME) sought a reduction in GST, technology upgrade, and production-linked incentive scheme benefits for various segments in a pre-Budget meeting with Finance Minister Nirmala Sitharaman on Saturday.
The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1.
Members from the Association of Women Entrepreneurs of Karnataka (AWAKE); Karnataka SC and ST Entrepreneurs' Association; Plant-Based Food Industry Association (PBFIA); Ambala Scientific Instruments Manufacturers' Association (ASIMA); Rajasthan Footwear Manufacturers' Association were among the participants at the meeting.
The All-India Plastics Manufacturers' Association; All India Manufacturers' Association; Gujarat Chamber of Small Industries Association; Federation of Associations of Cottage and Small Industries (based in West Bengal); Federation of Andhra Pradesh Small and Medium Association; and Laghu Udyog 

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1

Call for reining in food inflation and raising investment in pre-Budget  talks

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BS 1000: Most Valuable Indian Companies

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