About Blue Chip Companies
“Blue Chip Companies” are the companies that have stable earnings and do not have extensive liabilities. The stocks of these blue chip companies, referred to as ‘blue chip stocks’, pay regular dividends even during the bad time of the organisation. As per market capitalization, the leading blue chip companies of India are Tata Consultancy Services (TCS), Reliance Industries, Oil and Natural Gas Corporation Limited (ONGC), Imperial Tobacco Company of India Limited (ITC), Housing Development Finance Corporation Limited (HDFC) Bank, Coal India, Sun Pharmaceutical Industries Limited, Infosys, State Bank of India (SBI) and Industrial Credit and Investment Corporation of India Limited (ICICI) Bank.
Tata Consultancy Services (TCS)
TCS or Tata Consultancy Services is a leading name in the domain of IT services, business solutions and consulting. It is the largest software services exporter from India
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Reliance Industries
When it comes to business domain in India, Reliance Industries is one of the top-notch names. The company is involved in a wide array of businesses such as production and exploration of hydrocarbon and petrochemicals, marketing and refining of petroleum, telecommunications and retail segment. In 2013, the company was conferred the ‘Entrepreneur of the Decade’ by the All India Management Association. In the same year, it is also ranked at the 107th position in the Fortune Global 500 List.
ONGC (Oil and Natural Gas Corporation )
ONGC or Oil and Natural Gas Corporation Limited is regarded as the leading energy-based company in India and the fifth of its kind in Asia. As per Platts Top 250 Global Energy Rankings, it occupies the 21st rank. On 11 February 2014, ONGC was awarded the ‘Best Enterprise Award’ at the WIPS Award of Excellence in the Maharatna and Navaratna categories.
ITC
ITC is one of the leading Fast-Moving Consumer Goods (FMCG) conglomerates of India. It has been able to build and sustain a stronghold in FMCG goods, packaging, hotels, agri business, paperboards and specialty papers, and information technology sectors. Among the many firsts achieved by ITC is the honour of being the first Indian company to have brought out its sustainability report as per the G3 guidelines of Global Reporting Initiative – a UN-authorized entity based in Netherlands. .
HDFC ( Housing Development Finance Corporation )
HDFC or Housing Development Finance Corporation Bank was established during August 1994 and since then has expanded to have 3659 branches across India in addition to 11,633 ATMs. It is currently active in 2287 cities and towns of India. In 2015, it was adjudged the ‘Best Managed Public Company in India’ award by the Finance Asia Poll on Asia’s Best Companies 2015.
Coal India
Coal India, a governmental organization, is the largest producer and reserve holder of coal in India. It produces almost 81% of the entire coal produced in India. The organization won the ‘Indira Gandhi Rajbhasha Shield’ as a part of the Rajbhasha Award Scheme of the Indian Government for being the leader in implementing the Central Government’s Official Language Policy within the PSUs.
Sun Pharma
Sun Pharma or Sun Pharmaceutical Industries Limited is probably the leading name in the Indian pharmaceutical domain. It caters to 150 markets across the world and has 45 manufacturing sites. It has 30,000 employees all across the world and offers 3000 products. In 2014, Dilip Shanghvi, its Managing Director and Founder, was conferred the ‘Entrepreneur of the Year Award’ by Forbes Magazine.
Infosys
Infosys is one of the leading names in the world when it comes to consulting, outsourcing, technology and next-generation services. It operates across 50 countries. In 2014-15, it earned revenues amounting to 8.7 billion dollars and at present, it employs 1,76,000 people around the world. RS. At the 2014 International Ashden Awards, it claimed the Gold Award for Sustainable Buildings.
SBI (State Bank of India)
SBI (State Bank of India) is one of the top banks of India and operates outside the country as well. This public sector organization provides banking and related financial services. In 2014, it was rated as the 73rd biggest bank in the world according to 2014 SNL financial data.
ICICI Bank
ICICI Bank or Investment Corporation of India Limited Bank is the biggest bank of India among the privately held bank
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