Fall of India's Biggest Wealth Creators

6. Tata Communications
MCap (Beginning 2008): 21, 826.73 crore (218.26 billion)
Current MCap: 6,537.9 crore (65.37 billion)
Change: -70 Percent

After government gave a green signal to the private firms in broadband communications, Tata Communications have been having a hard time. The company has tried hard to maintain the market share as peers including smaller internet service providers and larger mobile operators passionately targeted retail as well as enterprise business segments. Tata Communication’s market share slipped around 70 percent since 2008.

7. Aban Offshore
MCap (Beginning 2008): 18, 316.85 crore (183.16 billion)
Current MCap: 1,239.75 crore (12.39 billion)
Change: -93.2 Percent

Aban Offshore is India's largest offshore drilling services provider to oil companies, mainly for ONGC. It is now ventured into international waters as one of its five rigs is doing work for an Iranian oil company. The company listed on the Mumbai Stock Exchange.

The market capitalization of Aban Offshore slipped from 18, 316.85 crore in 2008 to 1,239.75 crore currently.

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