11 Indian Firms in Forbes Asia's Fab 50



ITC (5)

India-based company ITC Limited has four business segments: Hotels, Paperboards, Fast Moving Consumer Goods (FMCG), Paper & Packaging and Agri Business. The FMCG segment comprise of Cigarettes, which includes cigarettes, cigars and smoking mixtures, and Others, comprise of branded packaged foods, educational and other stationery products , garments, matches, agarbattis and personal care products. The hotel segment includes hoteliering. The paperboards, paper and packaging segment includes paperboards, paper, including specialty paper, and packaging including flexibles. The Agri business segment includes agri commodities, such as rice, soya, coffee and leaf tobacco. The Company's Agri Business markets agri commodities in the export and domestic markets. Other includes information technology services, filter rods and investments. In September 2011, the Company acquired Russell Credit Ltd

HDFC Bank (6)

The banking company HDFC Bank Limited provides a range of banking and financial services. The Bank functions in four segments: treasury, wholesale banking, retail banking and other banking business. The treasury segment mainly contains net interest earnings from the Bank's investments portfolio, money market borrowing and lending, gains or losses on investment operations and on account of trading in foreign exchange and derivative contracts. The retail banking section raises deposits from customers and makes loans and provides other services. The wholesale banking segment provides loans, non-fund facilities and transaction services to large corporate, emerging corporate, public sector units, government bodies, financial institutions and medium scale enterprises. The other banking business division comprise of income from banking activities, such as credit cards, debit cards and third party product distribution, primary dealership business.