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Reliance is ranked 52nd globally for the best employee management

  • Each year, Forbes publishes a global list of companies that best treat their employees. The list will be prepared and published by Forbes after conducting research on various issues among the employees of the companies. A total of 750 companies are listed in this list.
  • Of these, Reliance Industries is ranked 52nd globally. ICICI Bank is ranked 65th, HDFC Bank is ranked 77th and HCL Technologies is ranked 90th. State Bank of India is ranked 119th and L&T is ranked 127th. Infosys is ranked 588th, Tata Group 746th and LIC 504th.
  • 'Samsung' ranks first globally. Next up are IBM, Microsoft, Amazon, Apple, Alphabet, and Dell Technologies. China's Huawei ranks 8th globally. The list is comprised of 750 companies with 1.5 lakh employees in 58 countries.
4 Indian companies in 20 largest Asia Pacific banks
  • HDFC Bank of India is ranked seventh among the top 20 Asia Pacific banks with a market value of $ 119 billion. Kotak Mahindra Bank's consolidated net profit rose 36 per cent in the fourth quarter.
  • Similarly, ICICI Bank's fourth quarter forecast increased. ICICI Bank's Q1 net profit rose 78 per cent to Rs 4,616 crore.
  • According to data compiled by S&P Global Market Intelligence, four Indian companies are among the 20 largest banks in the Asia-Pacific region by market capitalization in the third quarter of 2021.
  • HDFC Bank is seventh on the list with a market capitalization of $ 119 billion, up 6.7 percent over the quarter. Following that, ICICI Bank's market capitalization rose 11.2 percent to $ 65.5 billion, up three places to 12th.
  • State Bank of India, which rose 8.1 per cent to $ 54.5 billion, has moved up two places to 17th on the list. Kotak Mahindra Bank topped the list after recording a return of 17.5 per cent on its market capitalization.
  • At the same time, China's largest banks have fallen further in the third quarter of 2021 into a sluggish economy and market capitalization. With the exception of China's Postal Savings Bank, all other Chinese lenders in the top 20 have lost market value in the third quarter.
  • However, most of the non-Chinese banks on the list improved in market value during the quarter. Chinese banks have been slowing credit growth for months, cutting interest rates and facing an economic outlook and a regulatory ban on excessive foreign exchange in the corporate sector.
  • The last phase of the year is expected to offer more opportunities for Chinese lenders, with asset quality, solid tariff growth, unsolicited valuation levels and a potential increase in mutual fund returns.
  • In July, S&P Global Ratings said it could take longer for lenders in the Asia-Pacific region to recover from the Govt-19 epidemic due to lower vaccinations. HDFC Bank is set to release its second quarter results for 2022 next Saturday.
  • The company's net interest income is expected to rise by more than 10% and core pre - provisioning operating profit is expected to rise by about 15%.

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