Why do you think that they have been accorded this status to navratna
Answers
In India, the Navratna companies are:
- National Aluminium Company Limited
- NMDC Limited
- Oil India LImited
- RECL ( Rural Electrification Corporation Limited )
- Container Corporation of India Limited
They concurred this status due to following reasons:
• Benefit before decay, intrigue / interest and obligations to capital used .
• Benefit before interest and costs to turnover .
• B / w sectoral execution.
• Labor cost to indicate the expense of administration .
• The net advantage to total resources .
• Winning per share
The word 'Navratna' means a jewel made of nine precious stones. This prestigious award is given by the Indian Government to companies or industries working under the public sector.
Therefore some examples of companies that have received the Navratna award are Bharat Electronics Limited, National Aluminum Company, Engineers India Limited, Hindustan Aeronautics Limited, Hindustan Petroleum Corporation Limited and so on.