Tirupati temple trust richer than Wipro, Nestlé India
Tirupati's world famous Lord Venkateswara temple's net worth of over ₹2.5 lakh crore (about USD 30 billion)
is more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC.
Bengaluru-based Wipro had a market cap of ₹2.14 lakh crore at close of trading on Friday, while UltraTech Cement had a market value of ₹1.99 lakh crore.
Swiss multinational food and drink major Nestle's India unit, with a market cap of ₹1.96 lakh crore, too was valued below it.
TTD administers a large number of temples in Andhra Pradesh, Tamil Nadu, Telangana, Odisha, Haryana, Maharashtra and New Delhi.