Sunday, October 29, 2006

Bharti joins Rs Trillion club

Bharti (telecom service provider with Airtel brand) joined the elite club of companies with Rupees Trillion market capitalization. For years only the public sector ONGC had this credit. Another public sector giant NTPC (power utility) joined the club sometime back. The first private sector to join the club is Reliance which recently moved past NTPC and ONGC. IT major Infosys joined the club two months back; another IT major TCS joined the club within days of Infosys getting to that stare. This week Bharti joined this elite club.

Today we have two public sector companies and four private sector companies in this club. IT (software and telecom) accounts for 50%!

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