HCL Technologies, Bharat Electronics, LTI Mindtree, Siemens, and Sun TV Network are the top five companies with the largest estimated excess cash reserves, said the report. The IiAS assessment, drawn from FY24 financial statements, also accounts for acquisitions and announced capital expenditures after the balance sheet date.
Investing in 2025: Six wealth management trends to watch out for
India’s wealth management sector is evolving due to tech advances, ESG investments, and increased mutual fund SIPs. By 2025, AI-driven platforms, a significant rise in