6. HCL Tech

Year End: June 2012

Profit Before Tax: 2,361 crore

Tax: 410 crore

Effective Tax Rate (In Percent): 17.4

HCL Technologies Limited (HCL) is an Indian Information technology (IT) services provider and consulting company headquartered in Noida, Uttar Pradesh. It is the fourth largest IT Company in India and is ranked 48 in the global list of IT services provider.

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7. Tata Motors

Year End: March 2012

Profit Before Tax: 13,534 crore

Tax: 2,525 crore

Effective Tax Rate (In Percent):18.7

Tata Motors was formerly known as TELCO, is a multinational automotive manufacturing industry. It is headquartered in Mumbai, and is a subsidiary of the Tata Group. Its products include passenger cars, coaches' trucks and vans. Its auto manufacturing and assembly plants are located in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad and Pune, India, as well as in the United Kingdom, South Africa, Thailand and Argentina.

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8. Jindal Steel

Year End: March 2012

Profit Before Tax: 5,189 crore

Tax: 1,000 crore

Effective Tax Rate (In Percent): 19.3

Jindal Steel and Power (JSPL) is a division of O.P Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company manufactures and sells sponge iron, mild steel slabs, iron ore, mild steel, ferro chrome, structural, hot rolled plates and coils and coal based sponge iron plant. The company also generates power supply.