First Maharatna company

Which of the following company is first to be given the status of Maharatna company?

A. Power Grid Corporation of India

B. National Thermal Power Corporation

C. Bharat Heavy Electricals Limited

D. Oil and Natural Gas Corporation

ANSWER

C. Bharat Heavy Electricals Limited
The first company to gain the status of Maharatna Company in India was Bharat Heavy Electricals Limited (BHEL).

Should be Navratna-status
Registered on the ISE (Indian stock exchange) and have a minimum amount of authorized public ownership
Yearly net profit of over Rs. 5,000 crores -Over the past three years
25,000 crores in average yearly revenue over three years, or 15,000 crores in estimated yearly total wealth
Conduct international business