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How many Companies have been awarded the status of 'Maharatna' Companies in India?

Anonymous

∙ 11y ago

Updated: 8/20/2019

As on date - only 7 Companies have the Mahartna Status in India

Wiki User

∙ 11y ago

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Related Questions

Which company is declared as maharatna?

As of now, only 7 companies in India have the Maharatna status. They are extremely large and profitable government owned companies

What number of maharatna navratna?

As of now, there are 7 Maharatna and 14 Navratna category companies in India

Why maharatna is given that name?

The term "Maharatna" in India is given to designate a public sector undertaking (PSU) that meets certain criteria set by the government. It signifies a PSU's exceptional performance and significant contribution to the Indian economy. The term "Maharatna" is derived from the Hindi word "Maharath," which means a great warrior or champion, indicating the PSU's prestigious status and highest level of recognition.

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The Maharatna award is a title given to top-performing public sector companies in India. These companies are recognized for their excellence in various criteria, such as financial performance, operational efficiency, and strategic management. The title allows these companies increased autonomy in making decisions and investments without government approval.

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