10 Cash Rich Indian Companies

Bangalore: The Indian companies like to hoard their cash rather than investing it on shares or putting it in the banks. It seems like these companies prefer liquidity of cash rather than keeping money in other forms. Here is the list of 10 companies that are holding maximum cash with themselves.

Coal India

Coal India, is the biggest coal manufacturing company in the country with the revenue of 602.45 billion. It has five subsidiaries in five different states. It is regarded as one of India’s most valuable companies in terms of market value. According to the estimation done in March 2012 their recent cash in hand and in the bank was 54, 980 crore. It is headquartered in Kolkata, West Bengal and is the made the largest offer of 15, 000 crore. It is owned 90 percent by government and 10 percent by public.