According to HSBC investment bank data and reports, while some business houses saw good results there have been some that have seen a stagnation or recession and it’s all in the best interests to see the marked reasons prevailing in Indian economy right now.
Quarterly Appraisals for Some Business Houses (Jul-Sept)
Business House Quarterly Figures (Jul-Sept)
Mukesh Ambani Group 51,629 Crores (Less Capital)
Reliance Industries Ltd 22,275 Crores (Less Capital)
Anil Ambani Group
Reliance Power 10,659 Crores (Capitalization)
Tata Group 77,143 Crores (More Capital)
TCS 62,433 Crores (More Capital)
Going by these figures and results there are gainers and winners yet the new trends and draws still cast more positive aspect for the Indian economy overall. It’s a winning trend for the Tata group of companies most advanced valuable company the TCS, Tata Consultancy Services. Even with the drab and regressed figures for Ambani Group it still holds 3.16 Lakh Crores market capitalization.