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The company was started as Progeon Limited in April 2002 and is among the leading outsourcing companies in India according to NASSCOM. [3] It was started as a 74-26 joint venture between Infosys and Citibank Investments. In 2006, Infosys bought out Citibank's share at a price of ₹592 per share, Citibank having invested at ₹0.20 per share. [4]
Pune: 2001 10: PNB MetLife India Insurance Co. Ltd. Private Mumbai: 2001 11: Reliance Nippon Life Insurance Company: Private Mumbai: 2001 12: Aviva Life Insurance Company India Ltd. Private Gurugram: 2002 13: Sahara India Life Insurance Co. Ltd. Private Lucknow: 2004 14: Shriram Life Insurance Co. Ltd. Private Hyderabad: 2005 15: Bharti AXA ...
The same year, the company acquired a 7% stake in Experian Credit Information Company of India Pvt Ltd, the Indian arm of the global credit information services company. In 2011, global PE firm Kohlberg Kravis Roberts and International Finance Corporation , an arm of the World Bank Group , invested about $100 million in the company. [ 9 ]
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State-owned crude oil and gas company, currently the largest in India. 236 State Bank of India: $47,286 257,252 The bank is a state-owned, multi-national financial services entity, founded in 1806 as the Bank of Calcutta. The firm operates in more than 36 countries. 275 Bharat Petroleum: $42,935 12,865
Pinnacle Industries Limited (PIL) is an Indian multinational company specializing in automotive interiors, seating systems, electric vehicles, EV components, specialty vehicles, railway seating, and engineering services. [2] [3] Headquartered in Pune, Maharashtra, the company was founded on June 27, 1996. [4]
The Serum Institute of India was founded in 1966 in the city of Pune, India. The company set out to produce immunobiologicals, which were then being imported into India at high prices. Among the first products the Serum Institute of India manufactured in large quantities were the tetanus antitoxin, snake antivenom, DPT vaccine, and MMR vaccine.
By August 2000, the company's name was changed to Sterlite Optical Technologies. [9] During the fiscal year 2005-2006, the company raised its installed capacity for Fiber Optic Cables from 1.4 million FKM to 2.4 million FKM. Additionally, in the same year, the company initiated a new project to manufacture Broadband Access Networks. [9]