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30 Indian firms in Forbes' 2000
By agencies
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Monday, 04 April 2005, 19:30 IST
30 Indian firms in Forbes' 2000
NEW DELHI: The Oil and Natural Gas Corporation (ONGC) leads 30 Indian companies which have found place on Forbes magazine's coveted list of top 2000 corporate titans across the world.
The Indian companies in oil and gas and banking sectors dominate the list that includes corporations from manufacturing, and software to utilities and telecommunications. ONGC occupies 265th position closely followed by State Bank of India group listed at 269th and Indian Oil at 273rd positions.
The rankings are based on four metrics: sales, profits, assets and market value. Other Indian companies on the list include Reliance (309), National Thermal Power (486), ICCI Bank (757), Steel Authority of India (831), Bharat Petroleum (914) and Hindustan Petroleum (1,011). Following them are Tata Consultancy Services (1,167), Punjab National Bank (1,186), Gail (India) (1,250), Infosys Technologies (1,250), Canara Bank (1,260), Tata Iron and Steel (1,302), ITC (1,336) and Wipro (1,362).
Further down the scale are HDFC (1,364), Bank of Baroda (1,370), Bank of India (1,371), Tata Motors (1,519), Union Bank of India (1,618), Bharat Televentures (1,648), Oriental Bank of Commerce (1,811) and Mahanagar Telephone Nigam Ltd (1,835).
At the bottom of the listing for Indian corporations are Bharat Electricals (1,907), Ranbaxy Laboratories (1,936), Indian Overseas Bank (1,959), Hindelco Industries (1,982) and Larsen and Toubro just made the list at 1,996th position.