Central Depository Services Limited (CDSL) is one of the two depositories in India. It was founded in 1999 to hold securities such as shares of companies, bonds, and various other asset classes in the digital format. In June 2017, CDSL was listed on the National Stock Exchange (NSE) after a successful initial public offering (IPO) – making it the first depository in Asia-Pacific region and only the second depository in the world to get listed. Today, CDSL has 10 crore (100 million) investor accounts and has surpassed NSDL to become the largest depository in India. CDSL is preferred by online discount brokers […]

Update June 2024: The Trent Share Price continues to scale new heights mid way through 2024. After giving investors returns in excess of 125% in 2023, the shares of Trent have continued to rise in favorable market conditions. The returns from the beginning of 2024 to June (mid year) is a whopping 76%. Trent, a TATA company, has been one of the greatest wealth-creators in the last 15 years at the Indian stock market. ₹ 25,000 invested 15 years ago would be about ₹ 18 lakhs today (end of 2023). A mind-boggling CAGR of 33%. The same investment of ₹ 25,000 in

Wipro is an Indian company specializing in Information Technology, Consultants, and business process services and solutions. Today, let us take you through the captivating journey of Wipro from its inception to a ₹750 Billion company. The inception began with a 21-year-old boy at the helm of things. Mohamedhusain Hasham Premji took over his father’s grain trade business and converted it into a manufacturing unit. The journey began with an oil mill in the Indian Heartland and named it Western India Vegetable Products (WIVP). Soon after the inception, Mohamedhusain’s wife, Dr. Gulbanoo Premji, took over the Chairman’s position in the company and helped

Housing Development Finance Corporation Limited (HDFC) was founded by Hasmukh Thakordas Parekh in 1977. The idea behind the bank was his dream of millions of middle and lower class Indians owning a house before retirement. 4 decades later, HDFC has become a banking behemoth with a well-diversified business spreading into housing loans, banking, asset management, life insurance, general insurance, credit cards and more. It was one of the first banks to receive an ”in principle” approval from RBI to set up a bank in the private sector.   In 1978, HDFC launched its initial public offering of shares with a face value of

Bharti Airtel is India’s 2nd largest Telecom company, with 32% market share in the telecom wireless subscriber market. Airtel is also the 2nd largest company in the Broadband industry with 29% market share. Bharati Airtel was formerly known as Bharati Telecom Limited. During the early 1980s, Sunil Mittal (Founder and Chairman) imported push-button phones from a Singaporean company (Singtel) and assembled them in India. This background in the telecom industry helped when Delhi Cellular Licenses auctioned four mobile phone network licenses. The only condition was, the bidder had to have some experience in the telecom industry. Mittal had a clear edge among

Larsen & Toubro is an Indian multinational conglomerate company with business interests in diversified sectors. In this article, we take you through the Danish duo’s legacy in India from its inception to how it became the L&T of today’s era.  In the year preceding to World War II, two Danish engineers Henning Holck-Larsen and Soren Kristian Toubro started a company as a representative manufacturer of Dairy products and allied services.  The blockage in trade lines due to World War II and Germany’s invasion of Denmark in 1940 forced them to start a small workshop to undertake jobs and provide service facilities. The

Axis Bank is India’s third largest private sector bank and like most other successful companies – Axis too has a glorious story to tell. A joint venture between the Administrator of Unit Trust of India (UTI), Life Insurance Corporation of India (LIC), General Insurance Corporation, National Insurance Company, The New India Assurance Company, United India Insurance Company, and The Oriental Insurance Company led to a new Banking company. “UTI Bank” was born in December 1993. The first branch of UTI was inaugurated on 2nd April 1994 by then Finance Minister of India, Manmohan Singh.  Seven years later, a big decision was to

HCL Technologies is a leading Information Technology services and consulting company with its base of operations in Noida, India. This introduction will take you through the company’s journey from inception to becoming a global leader in IT sector. Back in 1967, Shiv Nadar, an Electrical and Electronics Engineering graduate, began his career at Cooper Engineering Ltd. in Pune. A few years down the line, Nadar had other plans and a clear vision of initiating new frontiers in the IT sector.  In 1976, Nadar with his friends and colleagues started a company that dealt with selling tele-digital calculators in the Indian market. This

Reliance Industries has been a dominant player in Textile, Refining, Telecom, and Organized Retail.  The company was started as a mere import-export trade-off in a partnership between Dhirubhai Ambani and his cousin before quitting his job in Yemen. As days passed by, he parted ways to seek complete ownership of the Textile Industry, giving birth to a sole brand under Reliance Textile Industry – “Vimal”. 19 years after its inception, Reliance created history, becoming the first company to announce an IPO. Astonishingly, the IPO was oversubscribed by 7 times.  Reliance then took a stronghold in the Petroleum sector in the 1990s. They

In 1892, a group of British businessman with ₹ 295 investment started Britannia, a company that would go on to be India’s first biscuit brand. They started selling biscuits which were prepared at a small house in Kolkata. Britannia was later sold to Gupta Brothers. Nalin Chandra Gupta operated under the name V S Brothers. In 1918, C.H Holmes an English businessman became the partner and he set up a factory in Mumbai. He also launched the BB Co. (Britannia Biscuit company). During World War II, these biscuits were high in demand, This gave a boost to the company. They supplied biscuits to