Even the world’s second largest organisation, 
Wal-Mart, made it into this infamous list after showing extremely low capital appreciation over the past two years. Diversified companies have indubitably been able to improve shareholders’ value and extract profits over the years, and have also done justice to the sectors in which they are present. That formed the leviathan basis of our motivation to present to you the top ten most profitable diversified corporations in India. And in our researches, a company like Grasim, which has its presence in business spaces as diverse as cement, sponge iron and fibres – and which occupies the 25th position in the overall B&E Power 100 list – comes in rollicking at #1, when considered in an aggregate perspective relative to diversified companies. But predictably so, companies from the most well known groups of India, namely Tatas and Birlas, were bang on behind at number two and number three respectively. So, should India finally be going the diversified way? Well, at least we know of this guy called Ambani who thought so...
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
Wal-Mart, made it into this infamous list after showing extremely low capital appreciation over the past two years. Diversified companies have indubitably been able to improve shareholders’ value and extract profits over the years, and have also done justice to the sectors in which they are present. That formed the leviathan basis of our motivation to present to you the top ten most profitable diversified corporations in India. And in our researches, a company like Grasim, which has its presence in business spaces as diverse as cement, sponge iron and fibres – and which occupies the 25th position in the overall B&E Power 100 list – comes in rollicking at #1, when considered in an aggregate perspective relative to diversified companies. But predictably so, companies from the most well known groups of India, namely Tatas and Birlas, were bang on behind at number two and number three respectively. So, should India finally be going the diversified way? Well, at least we know of this guy called Ambani who thought so...For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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