From a newly graduated Indian engineer’s home (Infosys) to the ones responsible for lip-smacking biscuits straight from our childhood (ITC), from a name, we can often spot in large construction sites (L&T) to a Maharatna that is successfully lighting our lives (NTPC), we’ll be discussing a diverse range of corporates of national importance.
Suggested Videos
Company Overview of Infosys
Infosys is an Indian multinational company that provides business consulting, information technology and outsourcing services. Globally, it has 85 sales and marketing offices and 114 development centres.
- Incorporation year: 1981
- Headquarter: Bengaluru, India
- Chairman: Nandan Nilekani
- Present Head (MD and CEO): Salil S. Parekh
- Chief Financial Officer: M.D. Ranganath
Evidently, it is a global leader in technology and consulting services. To point out, it enables 1045 clients in more than 50 countries to create and execute strategies for their digital transformation.
Moreover, it is the second largest IT company in India by revenue(2017). Further, it saw a staggering revenue of US$10.93 billion in 2018 and notably employed 200,364.
History of Infosys
Found in 1981, Infosys is a brainchild of seven engineers: N. R. Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S.Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora.
This was done in the aftermath of their resignation from Patni Computer Systems. Starting with a meager capital of ₹10,000, it was incorporated as “Infosys Consultants Pvt Ltd.” Later in 1983, the company’s corporate headquarters was relocated from Pune to Bengaluru.
Interestingly, it has seen quite a few name changes- each revolving around the base name: Infosys. Soon after a name change to Infosys Technologies Private Limited in April 1992, it was renamed to Infosys Technologies Limited in June 1992.
In response to being declared a public limited company. Thereafter another name change in 2011 gives it the name of Infosys Limited.
Infosys Vision and Mission
Vision: To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people.
Learn how to write Company Overview here in detail.
Mission: To achieve our objectives in an environment of fairness, honesty, and courtesy towards our clients, employees, vendors, and society at large.
Portfolio of Infosys
It provides software development, maintenance, and independent validation services to companies in banking, Finance, insurance, manufacturing, and other domains.
One of its known products is ‘Finacle’ which is a universal banking solution with various modules for retail and corporate banking.
Key Products of Infosys
- Mana – Knowledge based AI platform
- Infosys Information Platform (IIP)- Analytics platform
- EdgeVerve Systems
- Finacle- Global banking platform by EdgeVerve Systems
- Panaya Cloud Suite
- Skava
In News
- Infosys acquired Skava in June 2015, a leading provider of digital experience solutions, including mobile commerce and in-store shopping experiences to large retail clients.
- In March 2015, Infosys acquired Panaya, Inc., a leading provider of automation technology for large-scale enterprise software management.
- In 2011, accusations were raised against Infosys for committing visa fraud by using B-1 (visitor) visas for work requiring H-1B (work) visas. However, in 2013 Infosys agreed to pay US$34 million for a settlement of the civil suit but disregarded all the allegations by claiming that settlement was done just to avoid the burden of litigations.
Company Overview ITC
Incorporation year: 1910
Ownership Group: ITC Group
Headquarter: Kolkata, India
Chairman: Yogesh Chander Deveshwar
Present Head(MD and CEO): Sanjiv Puri
Chief Financial Officer: Rajiv Tandon
ITC Ltd. is a jewel in the Indian corporate crown. To point it, it is an Indian conglomerate companies which has operations in diverse business fields including five segments: Fast-Moving Consumer Goods(comprising Foods, Personal Care, Cigarettes and Cigars, Apparel, Education and Stationery Products, Incense Sticks and Safety Matches), Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business and Information Technology.
Interestingly, the cigarette business fetches about 80 percent of the profit but 80 percent of the capital is invested in non-tobacco businesses.
Further, ITC has many accolades to its name. It is included in the world’s best big companies, Asia’s Fab 50 companies, and the World’s Most Reputable Companies by Forbes magazine and as ‘India’s Most Admired Company’ in a survey conducted by Fortune India magazine and Hay Group.
Again, its growth is regarded as the fastest among all the FMCGs in India according to a Nielsen Report.
In 2018, it recorded an employee count of 26,159 along with revenue of ₹60,493 crore in 2017.
History of ITC
ITC Ltd. started out as the Imperial Tobacco Company of India Limited, as a private company in 1910. Furthermore, it was converted into a public limited company in 1954.
Henceforth, it saw a change of name twice, from Indian Tobacco Company Limited in 1970 to ITC Ltd. in 1974. In essence, the modern day ITC has a history of diversification and Indianization.
Vision and Mission of ITC
Vision: Sustain ITC’s position as one of India’s most valuable corporation through world-class performance, creating growing value for the Indian economy and Company’s stakeholders.
Mission: To enhance the wealth generating capability of the enterprise in a globalization environment, delivering superior and sustainable Stakeholder value. Trusteeship, customer focus, respect for people, excellence and innovation are the core values of ITC Ltd.
Portfolio of ITC
Since the advent of ITC in 1910, it has grown from a company known for manufacturing tobacco goods to a conglomerate operating in diverse segments of the non-tobacco business too. These are as follows:
FMCG: Cigarettes, cigars, foods, personal care, stationary an education, lifestyle retailing, safety matches and agarbatties.
Hotels: Luxury hotels and welcome hotels.
Paperboards and packaging: Papers, speciality, packaging, and graphics.
Agri-Business: Agri products.
Information Technology: Domain-led, Data service, Design expert, Digital ready and Differentiated delivery.
In News
- ITC won the Golden Peacock Awards for ‘Corporate Social Responsibility (Asia)’ in 2007, the Award for ‘CSR in Emerging Economies 2005’ and ‘Excellence in Corporate Governance’ in the same year.
- In 2014, The Brand Trust Report, published by Trust Research Advisory, a brand analytics company, ranked ITC in the 9th position among India’s most trusted brands in the diversified sector.
- Further, ITC’s chairman received the honour of Padma Bhushan by the Government of India 2005-2009.
Company Overview of L&T
Incorporation Year: 1938
Ownership group: L&T group
Headquarter: Maharashtra, India
Chairman: A.M. Naik
Present Head(MD and CEO): S. N. Subrahmanyan
Chief Financial Officer: Shankar Raman
Larsen and Toubro is a major technology, engineering, construction, manufacturing, and financial services conglomerate, with global operations. Evidently, it is India’s leading construction company.
Further L&T is a major player in sectors like hydrocarbon, infrastructure, power, process industries, and defence. To point out, it’s playing field consists of over 30 countries around the world. Indeed it is an essential multi-national company.
Lastly, in 2017 it churned around ₹119,683.69 crore, employing more than 104,000 people.
History of L&T
It originated in 1938, as a result of the efforts of two Danish individuals taking refuge in India.
Vision of L&T
Vision: L&T shall be a professionally managed Indian multinational, committed to total customer satisfaction and enhancing shareholder value.
Portfolio of L&T
Markedly, L&T has a notable presence in the following 11 segments:
- Construction and mining
- Electrical and automation
- Heavy engineering
- Hydraulics
- Hydrocarbon
- IT consulting and Digital solutions
- Metallurgical and material handling
- Power
- Rubber processing machinery
- Shipbuilding
- Technology services
In News
As a matter of fact, L&T has received a lot of awards and recognitions since its inception.
In fact, in 2013 it won the Golden Peacock National Quality Award. Again in 2013, Harvard Business Review named the company’s executive chairman, A.M. Naik, as the 32nd best performing CEO in the world.
Further in 2014, Larsen & Toubro ranked 500 on Forbes list of 2000 world’s largest and most powerful public companies.
Company Overview of NTPC
Incorporation year: 1975
Ownership Group: The Government of India
Headquarter: New Delhi, India
Chairman and CEO: Gurdeep Singh
Director of Finance: Shri Kulamani Biswal
NTPC (formerly known as National Thermal Power Corporation Limited) is an Indian PSU, which operates in the business of electricity generation and allied activities.
Undoubtedly, it is the undisputed king of power companies in India with a commissioned capacity of 48,028 MW. In fact, it covers a fourth of India’s electricity consumers under its light. For the same reason, it is said to light up every fourth bulb in India.
Further, the future of NTPC seems bright, as it plans to meet the country’s evergrowing electricity needs by reaching a capacity of 130 GW by 2032.
To point out, it is not limited to just electricity generation as it has started expanding into other business fields like oil and gas exploration and coal mining activities.
All these make up a good enough reason as to why the Government of India decided to confer it with the prestigious Maharatna status in May 2010. Lastly, in 2016-17, it earned revenue of ₹88,083.30 crore and employed over 19739 people.
History of NTPC
NTPC began operations in 1975 as the National Thermal Power Corporation Private limited to boost power development in India. Moreover, it first started working on a thermal power project in 1976 at Shaktinagar.
Interestingly, in the same year, it saw a name change to National Thermal Power Corporation Limited. Then again in October 2005, it saw another name change, this time the NTPC Ltd.
Essentially, all the years of working and toiling helped it earn the Maharatna status in 2010.
Vision and Mission of NTPC
Vision: To be the world’s leading power company, energizing India’s growth.
Mission: provide reliable power and related solutions in an economical, efficient and environment-friendly manner, driven by innovation and agility.
Portfolio of NTPC
The NTPC operates in the country with the help of the following 5 subsidiaries:
1. NTPC Electric Supply Company Ltd. (NESCL)
2. NTPC Vidyut Vyapar Nigam Ltd. (NVVN)
3. Kanti Bijlee Utpadan Nigam Limited
4. Bharatiya Rail Bijlee Company Limited (BRBCL)
5. Patratu Vidyut Utpadan Nigam Limited (PVUNL)
Further its services include- electricity generation and distribution, natural gas exploration, production, transportation, and distribution.
In News
Markedly, in 2015, NTPC ranked 2nd on the list of 250 largest power producers and energy traders in the world by Platts. Additionally, in 2009, it received the ICSI National Award for Excellence in Corporate Governance.
A Solved Example For You
Q: What are the various segments of the operation of L&T?
Ans: L&T operates in the following eleven segments:
- Construction and mining
- Electrical and automation
- Heavy engineering
- Hydraulics
- Hydrocarbon
- IT consulting and Digital solutions
- Metallurgical and material handling
- Power
- Rubber processing machinery
- Shipbuilding
- Technology services
Leave a Reply