‘These are India’s largest companies by asset’

In the recent past, the corporate espionage case of the Oil Ministry and Sun Pharma chief Dilip Shanghvi taking over as the richest man might have left crease on the Ambanis. But good days aren’t far ahead.

Reliance Industries Ltd (RIL) has emerged as the country's largest corporate in a list compiled by the Corporate Affairs Ministry. A recent PTI report has also mentioned that at the end of March 2014, RIL's assets stood at Rs 3.68 lakh crore.

State-owned Indian Oil Corp and mortgage lender HDFC are following RIL in this race with Rs 2.52 lakh crore and Rs 2.25 lakh crore, respectively.

In a written reply to the Rajya Sabha, Arun Jaitley the data is based on data from 4,15,886 companies which had filed their balance sheets for the year 2013-14 till November 30, 2014.

The other top ten being Power Finance Corp ,NTPC , Rural Electrification Corp ,Power Grid Corp ,LIC Housing Finance , Steel Authority of India and Bharat Sanchar Nigam Ltd , RIL and HDFC are two private players to have gained a mention in the list.