Question: According to the recent study of Annual Wealth Creation, which Indian company remained top of the wealth creation during the five-year period (2012-2017)?
(a) ITC
(b) Reliance Industry
(c) TCS
(d) HDFC Bank
Answer: (c)
Related facts:
- On December 8, 2017, the brokerage firm ‘Motilal Oswal’ released 22nd Annual Wealth Creation Study.
- According to this report, the top 100 Wealth Creators created INR 38.9 trillion of wealth during 2012-17.
- In this list, Tata Group’s IT company TCS has been successful in keeping the top position for the fifth consecutive year.
- TCS created Investor Wealth of about Rs 2.499 lakh crore during 2012-17.
- Private sector HDFC Bank is second in this case.
- During this period, the bank has created assets of Rs 2.31 lakh crore.
- Reliance Industries has been ranked third with assets of 1.89 lakh crore.
- FMCG (Fast Moving Consumer Goods) ITC got fourth place with total assets worth 1.59 lakh crore and Maruti Suzuki with 1.41 lakh crore, got the fifth place.
- The theme of the report for this year was ‘CAP & GAP-Power of Longevity in Wealth Creation’.
Reference:
http://www.motilaloswal.com/site/rreports/HTML/636483549560358492/index.