Implementation of Statistical Methodologies and Inference For Navratna Companies in India using Python Software
Keywords:
Correlation analysis, Financial performance, Navratna companies, Profits and Investments, Python, Regression analysisAbstract
This research presents an overview of notable Indian corporations spanning diverse sectors crucial to the nation's economic and strategic interests. Beginning with Bharat Electronics Limited (BEL), established in 1954 to fulfil the electronic equipment requirements of the Indian armed forces, the narrative traverses through Bharat Heavy Electricals Limited (BHEL), Bharat Petroleum Corporation Limited (BPCL), Coal India Limited (CIL), GAIL (India) Limited, Hindustan Aeronautics Limited (HAL), Hindustan Petroleum Corporation Limited (HPCL), Indian Oil Corporation Limited (IOCL), and National Thermal Power Corporation (NTPC). Each corporation's genesis, evolution, and pivotal role in its respective industry are delineated. From BEL's contributions to defence technology and HPCL's integrated oil refining and marketing prowess to NTPC's mission to become a global power major, the document encapsulates these entities' diverse activities. Through collaborative efforts, indigenous research, and international outreach, these corporations have bolstered India's self-reliance in critical sectors while fostering economic growth and technological advancement.