'20 Indian companies now account for over 90 per cent of profits' https://www.rediff.com/business/interview/twenty-indian-companies-account-for-over-90-of-profits/20210818.htm By Puneet Wadhwa August 18, 2021
The consolidation of the world's fifth-largest economy in the hands of 15-20 corporate giants is a once-in-generation event, which we are focusing on. Most of these 20 companies are growing their free cash flows (FCF) at over 25 per cent per annum, despite the challenging economic circumstances in the past five years.