1) Bharat Sanchar Nigam Ltd — 380534
2) Bharti Airtel Ltd — 272918
3) Tata Consultancy Services — 228488
4) Wipro Ltd — 203970
5) Reliance Communications Ltd — 190678
6) Infosys Technologies Ltd — 166920
7) Hewlett Packard (HP) India — 154540
8.) Videocon Industries Ltd — 130859
9) HCL Infosystems Ltd — 126053
10) Redington (India) Ltd — 108838
11) IBM India Pvt Ltd — 101790
12) LG Electronics India Pvt Ltd — 95000
13) Siemens Ltd — 93786
14) Satyam Computer Services Ltd — 83945
15) HCL Technologies Ltd — 76394
16) Idea Cellular Ltd — 67374
17) Cognizant Technology Solutions — 63100
18) Cisco Systems India Pvt Ltd — 58370
19) Mahanagar Telephone Nigam Ltd — 53299
20) Samsung India Electronics Pvt Ltd — 52260
21) Intel Technology India Pvt Ltd — 43100
22) Bharat Electronics Ltd — 41025
23) Tech Mahindra Ltd — 38705
24) Tata Communications Ltd — 34653
25) Dell India Pvt Ltd — 32000
26) Lenovo India — 30140
27) Sony India Ltd — 30000
28) Exide Industries Ltd — 29878
29) Philips Electronics India Ltd — 28832
30) Mphasis Ltd — 24231
31) Oracle Financial Services Software Ltd — 23802
32) Moser Baer India Ltd — 23038
33) Tata Teleservices Maharashtra Ltd — 17896
34) GTL Ltd — 17713
35) Acer India Pvt Ltd — 17490
36) Sterlite Technologies Ltd — 16899
37) Larsen & Toubro Infotech Ltd — 16780
38) Finolex Cables Ltd — 15929
39) ITI Ltd — 15658
40) Bharti Teletech — 15561
41) Mirc Electronics Ltd — 15321
42) Sonata Software Ltd — 14594
43) Perot Systems TSI (India) Ltd — 14000
44) Patni Computer Systems Ltd — 13390
45) Cambridge Solutions Ltd — 12675
46) Tulip Telecom Ltd — 12420
47) Aricent Technologies (Holdings) Ltd — 12340
48) 3i Infotech — 12236
49) Prithvi Information Solutions Ltd — 11260
50) Polaris Software Lab Ltd — 11174
51) Salora International Ltd — 11170
52) Amara Raja Batteries Ltd — 11089
53) Rolta India Ltd — 10892
54) Hexaware Technologies Ltd — 10687
55) Teledata Informatics Ltd — 10467
56) CMC Ltd — 9891
57) NIIT Technologies Ltd — 9561
58) Mastek Ltd — 9162
59) Mascon Global Ltd — 8919
60) Honeywell Automation India Ltd — 8718
61) Eveready Industries India Ltd — 8516
62) iGate Global Solutions Ltd — 8334
63) Samtel Color Ltd — 7993
64) Zensar Technologies Ltd — 7951
65) Mindtree Ltd — 7677
66) Infotech Enterprises Ltd — 6968
67) Paramount Communications Ltd — 6936
68) Savex Computers Ltd — 6856
69) Birlasoft Ltd — 6850
70) HTMT Global Solutions Ltd — 6734
71) Rashi Peripherals Pvt Ltd — 6680
72) Avaya Global Connect Ltd — 6172
73) Zylog Systems Ltd — 6160
74) KPIT Cummins Infosystems Ltd — 6005
75) Sify Ltd — 6003
76) Sasken Communication Technologies Ltd — 5702
77) Northgate Technologies Ltd — 5512
78) Subex Ltd — 5408
79) Canon India Pvt Ltd — 5100
80) Geometric Ltd — 5062
81) NIIT Ltd — 4975
82) Opto Circuits India Ltd — 4851
83) Supertron Electronics Ltd — 4790
84) Genus Power Infrastructures Ltd — 4710
85) Numeric Power Systems Ltd — 4304
86) Persistent Systems Ltd — 4248
87) Tata Elxsi Ltd — 4038
88) Cranes Software International Ltd — 3986
89) Aftek Ltd — 3792
90) Phoenix Lamps Ltd — 3791
91) WeP Peripherals Ltd — 3680
92) MIC Electronics Ltd — 3637
93) JCT Electronics Ltd — 3426
94) D-Link India Ltd — 3409
95) Intex Technologies (India) Ltd — 3330
96) Geodesic Ltd — 3307
97) Zenith Computers Ltd — 3251
98) Nippo Batteries Co. Ltd — 3241
99) Delta Energy Systems (India) Pvt Ltd — 3002
100) Megasoft Ltd — 2972
January 13, 2010
Top 100 Indian Companies
January 5, 2010
BSE, NSE open early; trade volumes expected to rise
The Mumbai Stock Exchange opened one hour on Monday and will from now on will open at 0900 hrs IST everyday.
Traditionally the bustle started at Dalal Street at 1000 hrs IST but all that changed as the BSE opened the markets at 0900 hrs IST on January 4, 2010.
The move is expected to affect the volume of trading but regulars at Dalal Street don’t seem too keen about this change in their daily schedule.
Girdhari Saraf has been setting up his makeshift share transfer certificate trade in Dala Street for the last 15 years, travelling everyday from Bhayander.
However, change in timing is not something he is looking forward to.
“Many people come from very far. If the markets open at 0900 hrs IST they will not be able to reach on time,” says Girdhari Saraf.
Though Mumbai is known as an extremely professional city that never sleeps, most regulars at Dalal Street seem to be reluctant to give up on their morning sleep to catch up on extra trade.
The broking community says that while it might be useful for some investors, it will create problems for the backend operations and staff.
TCS, Infy, Wipro losing contracts to emerging rivals
Emerging nearshore rivals, including Ness Technologies of Israel, CPM Braxis of Brazil and Mexico-headquartered Softtek are increasingly becoming attractive for top outsourcing customers such as GE, Citibank and several others seeking to work with local, specialised vendors instead of sending all projects to offshore locations like India.
At a time when India’s top tech firms Tata Consultancy Services (TCS), Infosys and Wipro are redefining their positioning as global services providers by growing their presence in the emerging markets of Latin America, Eastern Europe and Asia, they face stiff competition from these newer rivals.
Over the past two years, companies such as CPM Braxis, EPAM Systems, Ness Technologies, Softtek, Merchants and Spi Global have emerged as stronger rivals for Indian tech firms, especially while bidding for an outsourcing contract being fleshed out by a ‘first-time outsourcer’.
Brazilian firm CPM Braxis, for instance, which counts GE, ABN Amro and Whirlpool as clients, reported revenues of around $567 million in 2008. One of the top four Brazilian banks, Bradesco, is also among the biggest customers for the company.
December 19, 2009
Wipro tops list of H-1B visa professionals in 2009
With 1,964 H-1B visas in 2009, Indian IT major Wipro has topped the list of firms that got the coveted US visas for highly skilled professionals.
Microsoft with 1,318 visas came next, with Intel (723) in third place, while Google with 211 in 25th place brought up the rear. IBM India (695), Infosys (440), Polaris Software Lab India (254) and Satyam (219) were the other major Indian visa getters.
At least 200 US and Asia-based technology, financial and consulting companies applied for H-1B visas in 2009. The major technology companies that did not rank in the Top 25, but did rank in the Top 50 include Yahoo, Amazon, Apple, Texas Instruments, Nvidia and IBM, according to e-week.com.
Some of the leading research universities in the United States also rank in the Top 50 — University of Maryland, University of Michigan, Johns Hopkins, University of Illinois, University of Pennsylvania, Yale, Stanford, Harvard, University of Pittsburgh, Columbia and Baylor College of Medicine.
November 14, 2009
‘Green Money Transfer’ Service Started In India
Tata Indicom has launched an ambitious project called ‘Green Money Transfer’ in association with Corporation Bank and PayMate technology. This will help the rural people to transfer money via the mobiles.
The new green Money Transfer service will use Tata’s PCO service and True Value Shop (TVS) network. PayMate has provided the technology to facilitate this service to be started first in the rural areas in Kerala.
For this technology, the customers have to register at a Green TATA PCO, TVS or with Corporation Bank. Then, they will be provided with an mPIN, which will authorise them to make necessary transactions. For example, on registration, the sender will receive a transaction code through the mobile. Then, the recipient has to verify the code given by the sender to receive the money from the sender.
According to the companies, Green Money transfer service is intended to provide effortless service to the rural people. Corporation Bank is hopeful that this person-to-person money transfer will enable the bank to supplement its business in the rural India. Recently, this Green Money Transfer facility has been launched in Kerala and it will be spread to other areas later.
November 6, 2009
Indian industry urges Finance Minister to continue stimulus
Indian industry on Tuesday urged the government to continue with the fiscal stimulus at least for six months, as withdrawing them could choke faster recovery of the economy.
“All industries felt that the fiscal stimulus should continue for a while because the recovery was fragile and it needs to be more robust specially for export-led industries for which global recovery is slower,” said Swati Piramal, President of the Associated Chambers of Commerce and Industry (ASSOCHAM), after holding a meeting with Finance Minister Pranab Mukherjee ahead of the annual budget.
Indian industry also demanded that the customs duty remain same and the government bring some innovative schemes to encourage investment.
“Customs duties should remain the same. The peak rate should not be brought down from 10 percent. The logic for that (is) we have a difficult time therefore that should remain… to support industry over here. The second issue, which was common, was in terms of investment plans. Not enough investment is actually happening on the ground, so therefore industry needs to be encouraged and a suggestion was made that we should bring back the investment allowance for example,” said Harsh Pati Singhania, President of the Federation of Indian Chambers of Commerce and Industry (FICCI).
The industry representatives also demanded tax reforms through introduction of a Goods and Services Tax and reduction of the fiscal deficit.
October 22, 2009
The basics of financial health
As the year 2009 draws to a close most investors would be relieved that the market treated us much more kindly than what it did in the previous year. In 2008, the Sensex lost over half its value, falling from levels of 20500 in January to around 9500 in December. Just as investors were losing hope, a recovery of sorts started and the valuations once again doubled from the previous December levels.
However, we shouldn’t get carried away. Sometime back we were celebrating 10000 then 12000, then 15000 then 18000 and so on. If our economy continues to grow the way it has and our corporate sector continues to perform, the Sensex has to rise.
Its pure cause and effect. So we wouldn’t be surprised if soon a time arrives when we look forward to a level of 25000 and beyond. However, no matter what stock market analysts and other storytellers will have you believe, no one can predict when this will happen. It could take a less than a year or even three – it’s the future and no one can predict the same with accuracy.
October 19, 2009
Now make payments via mobile phones
Oxford University researchers have developed a new technology that enables safe payments to be made through mobile phones. The technology, designed by Professor Bill Roscoe of the Computing Laboratory and colleagues, will now be lunched into the market by Isis Innovation, the university’s technology transfer company.
Prof Roscoe said: “A key requirement of new payment systems will be the ability to make payments from person to person, such as paying a builder or a friend.
“What we have is technology which enables anyone to easily create a secure connection between two devices: it can work via Bluetooth, WiFi, the internet or across ordinary telephone or SMS connections.
“The core of our technology is a new security protocol that enables strong cryptographic keys to be created with the least possible work. The key to the protocol is that it prevents anyone from doing any searching to break into the transaction.”
A user of the technology checks if a 4-8 digit numeric code generated within their own phone matches with the one generated by the payee. This number is random and there is no need to maintain secrecy. This guarantees that the customer’s mobile is connected to the correct store, or to the cell phone of the person they have to pay. Thereafter, the payment takes place without exchanging sensitive details like credit card numbers or PIN.