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Do You Know Ratan Tata is Actually Richer than Ambani? Here’s Why He Not Listed in Billionaires List

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There are some facts that only people who are connected to the Internet can know. One of those facts is about the richest person in India. Everyone knows that Mukesh Ambani, president of Reliance Industries, is the richest person in India. But probably very few people know the truth behind it. There are some such things about Ratan Tata vs Mukesh Ambani Income, that only interested people can know.
Ratan Tata vs Mukesh Ambani Income
Ratan Tata vs Mukesh Ambani Income

Ratan Tata vs Mukesh Ambani Income:

If we compare the income of Mukesh Ambani and Ratan Tata, then Ratan Tata is ahead of Mukesh Ambani.

  • The total revenue of the Tata group is $ 103.5 Billion while that of Reliance Industries is only $ 51 Billion Revenue.
  • TCS i.e. Tata Consultancy Services has a Revenue of $ 17.5 Billion whereas none of Reliance Subsidiaries have an Initiative Revenue.
  • Two of the most famous adjoint companies in the world are Land Rover and Jaguar’s parent company, Tata.

Check Wikipedia or any report in the world, you will find Ratan Tata everywhere, far ahead of Mukesh Ambani. But he is not yet on the billionaire’s list nor is he the richest person in the country. Know the fact about him in detail.

Is Mukesh Ambani really the richest person in India? 

Ratan Tata has a bigger company than Mukesh Ambani, but how is Mukesh Ambani the richest person in the country? If we talk about the profit of the company every year. Tata Group has a higher income than Reliance Industries, but Mukesh Ambani is the richest person.

Is Mukesh Ambani really the richest person in India
Is Mukesh Ambani really the richest person in India
Ratan Tata donates his company’s profits

Ratan Tata donates 66% of the company’s profits each year to the Trust. So his net worth is unknown. And do not do this from today, since Ratan Tata became the president of the Tata Group.

If Ratan Tata hadn’t, he would have been the richest person in the world today. Anyway, the total revenue of Tata Group is more than Microsoft, Google.

  1. Tata Group Revenue $ 103.5 Billion
  2. Microsoft Revenue $ 85.9 Billion
  3. Google Revenue $ 90.6 Billion
Tata Motors was suffering a lot of losses due to the formation of Tata Nano. And at that time, the Chairman of Tata Motor said that it should not be made that it will cause loss to the company. However, Ratan Tata made the Nano Car and it was sold in India as the cheapest car in the world.

When one of his close friends was asked that when Ratan Tata knows that the company is suffering losses due to the creation of Nano, then why did he do it? So that person has told him that Ratan Tata’s dream is that he wants to see how happy the middle class family is in his country.

RATAN TATA VS AMBANI WHO IS RICHER

Mukesh Ambani’s Net Income is very high because he takes his company Profit in leading the company. Due to which his personal income increases and hence he is the richest person in the country.

There is a very popular saying about Tata and Reliance Group, it is said that if you want to invest money, it is Reliance Industry. Whenever you want to work, it’s the Tata group.

Because Reliance Industry always works looking at its benefits, whereas Tata Group does not. Tata Group works for looking at people’s benefit. If you work at the Tata Group, you get a special discount when taking any product from any Tata Group company.

Tata becomes India’s richest business group, overtaking Ambani

  • Tata group has become India’s richest group
  • Mukesh Ambani and Anil are at number four

Tata and Ambani are the two industrial houses of the country that have a rivalry between the kingdoms. Mukesh Ambani’s company RIL market cap sometimes exceeds the Tata Group and sometimes lags behind the Tata Group. Talking about the last year, in July 2020, Reliance Group had become the top business house, pushing the Tata Group back. But within a span of 6 months, the Tata group again took the heights.

mukesh-ambani-ratan-tata-group

Tata Group took back the kingdom

Thus, Tata Group, the leader of the TCS, whose leadership has led to a strong performance in the Tata market, has once again led to the rise in Tata’s market cap. Tata Group’s business has reached heights that were quite predictable. 

And Mukesh Ambani’s company Reliance Group, which was ranked first in terms of market value, has slipped to number three in the current round. The HDFC group has captured the second spot after Tata. 

If we talk about the market cap of all the companies, then the market cap of all the companies of the Tata group has reached Rs 17 lakh crore. The second-place HDFC Group has reached a difference of 2 lakh crore rupees, i.e. HDFC Group’s market cap has reached Rs 15.25 lakh crore.

Tata Group’s market cap has increased by 42% in a year

All Tata Group companies have performed well in the past year, within a year the market cap of this group has jumped by more than 42%. And the biggest thing is that the market cap of this group has increased by 13% in just one month. If we look at the growth rate, the market cap of the Tata group has been 1.9 lakh crores in a month. On the other hand, the market cap of Mukesh Ambani’s Reliance Group has increased by 27% last year. While HDFC Group has been able to register a growth of only 11%.

Reliance had jumped number-1 in July 2020

Looking at the half-yearly report of July 2020, the total market cap of 17 listed companies of Tata Group was 11.32 lakh crore. On the other hand, the market cap of Reliance Industries had crossed 13 lakh crores, at that time Reliance Group became the number-1 group in the country beating the Tata Group.

reliance industries vs tata group

Tata Consultancy Services (TCS) created a blast

Tata Group’s leading companies TCS, Tata Motors, and Tata Steel showed amazing performance during this period. Taking the Tata Group’s market cap to over Rs 16.69 lakh crore, which is 36% higher than Reliance Group. 

This surge was seen in the strength of TCS’s strong stocks and the company made a number of big deals during the Corona epidemic, on the other hand, the steel price jumped which gave a tremendous advantage to the Tata group. 

tcs reclaims profit position from relianec

Tata Motors shares also rose more than 100% after July. On the other hand, Reliance got a big jump by Jio. Global companies like Facebook, Google invested in Reliance, thus Reliance got the benefit, which resulted in the Reliance Group shares climbed up to 22% after September. 

The Tata group is also active in the education, empowerment, environment, and health sectors. Not only this, Tata has sponsored several types of quizzes in addition to marathons, chess, and tennis tournaments at the international level. 

Apart from this, Tata Group also has an innovation center in different parts of the world including India. In tourism and travel, telecom and media, trading, and investment sectors, the Tata group is also gaining its weight.

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