The word Maha in Hindi/Sanskrit means very huge. Maharatna is the term used to refer to extremely large public sector companies that are very profitable and have income in thousands of crores
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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As of now, there are 7 Maharatna and 14 Navratna category companies in India
As of now, only 7 companies in India have the Maharatna status. They are extremely large and profitable government owned companies
No. It is a Navratna PSU
no difference
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.
As on date - only 7 Companies have the Mahartna Status in India
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