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30 Indian firms in Forbes Top 2000 list
By agencies
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Wednesday, 02 November 2005, 20:30 IST
NEW YORK: Thirty Indian companies led by oil behemoth Oil and Natural Gas Corp, have found a mention in the list of Forbes Global 2000 "corporate titans."
The magazine said that the Indian companies have performed well in the past fiscal.
Other Indian companies in the list are Reliance Industries, National Thermal Power Corp, ICICI Bank, Steel Authority of India Ltd, Bharat Petroleum, Hindustan Petroleum, Tata Consultancy Services, Punjab National Bank, GAIL India and Infosys Technologies.
The companies were evaluated according to four criteria - sales, profits, assets and market value. While Indian energy and banking sector companies proved to be the leaders, the top 10 performers in the list show that this phenomenon is not exclusive to the Indian business scenario.
Following are the Indian companies that made it to the list:
Oil & Natural Gas (rank 265, sales $9.78 billion, profits $2.16 billion)
State Bank of India Group (269, $12.09 billion, $1.28 billion)
Indian Oil (279, $26.08 billion, $1.73 billion)
Reliance Industries (309, $11.82 billion, $1.19 billion)
National Thermal Power Corp (486, $4.5 billion, $0.92 billion)
ICICI Bank (757, $3.18 billion, $0.36 billion)
Steel Authority of India (831, $5.14 billion, $0.60 billion)
Bharat Petroleum (914, $12.77 billion, $0.47 billion)
Hindustan Petroleum (1,011, $12.03 billion, $0.46 billion)
Tata Consultancy Services (1,167, $1.64 billion, $0.37 billion)
Punjab National Bank (1,186, $2.32 billion, $0.28 billion)
GAIL India (1,250, $2.75 billion, $0.43 billion)
Infosys Technologies (1,250, $1.12 billion, $0.29 billion)
Canara Bank (1,260, $2.15 billion, $0.32 billion)
Tata Iron & Steel (1,302, $2.57 billion, $0.41 billion)
ITC (1,336, $1.59 billion, $0.37 billion)
Wipro (1,362, $1.35 billion, $0.24 billion)
HDFC (1,364, $0.75 billion, $0.22 billion)
Bank of Baroda (1,370, $1.89 billion, $0.24 billion)
Bank of India (1,371, $1.74 billion, $0.24 billion)
Tata Motors (1,519, $3.15 billion, $0.21 billion)
Union Bank of India (1,618, $1.23 billion, $0.16 billion)
Bharti Tele-Ventures (1,648, $1.15 billion, $0.13 billion)
Oriental Bank of Commerce (1,811, $0.93 billion, $0.16 billion)
Mahanagar Telephone Nigam Ltd (1,835, $1.41 billion, $0.27 billion)
Bharat Heavy Electricals Ltd (1,907, $1.85 billion, $0.15 billion)
Ranbaxy Laboratories (1,936, $0.97 billion, $0.16 billion)
Indian Overseas Bank (1,959, $1.04 billion, $0.12 billion)
Hindalco Industries (1,982, $1.89 billion, $0.23 billion)
Larsen & Toubro (rank 1,996).