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A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. [1] A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group .
A conglomerate (/ k ə ŋ ˈ ɡ l ɒ m ə r ə t /) is a type of multi-industry company that consists of several different and unrelated business entities that operate in various industries. A conglomerate usually has a parent company that owns and controls many subsidiaries , which are legally independent but financially and strategically ...
A corporate group is composed of companies. The general rule is that a company is a separate legal entity from its shareholders, that is the shareholder's liability for the subsidiary's debts is limited to the value of the shares, [4] and the shareholders cannot be required to perform the company's obligations.
A bank holding company is able to declare itself a financial holding company by meeting certain guidelines including having well-capitalized subsidiary banks and receiving satisfactory or higher ...
A subsidiary, subsidiary company, or daughter company [1] [2] [3] is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. [4] [5] Unlike regional branches or divisions, subsidiaries are considered to be distinct ...
Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai. It is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Government of India and under the administration of Ministry of Petroleum and Natural Gas. [4] [5] [6]
Mahavitaran or Mahadiscom or MSEDCL (Maharashtra State Electricity Distribution Company Limited) (stylized as MΛHΛVITARAN) is a wholly-owned subsidiary of the Maharashtra State Electricity Board. It is the largest electricity distribution utility in India (2nd largest in the World after SGCC ).
The Tata Group is a multinational conglomerate based in India, with many subsidiaries and joint venture companies. Tata Sons is the holding company of the Tata Group, and holds the bulk of shareholding in these companies. Tata Sons is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries.