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Subsdiary company
Can subsidiary company be bigger than its holding company?
Replies (4)
bigger in the sense, if you feel turnover, net worth it can be, best example
sundaram clayton limited parent company 353 crores of tvs motor company turnover 12000 crores
sundaram clayton limited parent company 353 crores of tvs motor company turnover 12000 crores
those are stand alone details if you consolidate sundaram clayton will be bigger... got the logic
Bigger in the sense subsidiary company having much more capital, much more turnover ( may be 100 times more) than its holding company.
its possible in the example which i told it holds good
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