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8 Indian Companies on Fortune 500 List

By SiliconIndia   |   Tuesday, 08 May 2012, 11:31 Hrs   |    6 Comments
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State Bank of India

State Bank of India (SBI) is India’s biggest banking and financial services firm and is head-quartered in Mumbai and was ranked 282 in the list. It is India’s oldest bank and has maximum penetration in India, including rural areas. IT has over 3850 branches and many abroad as well. It is the biggest bank among the Big Four banks of India. Last year, Fortune India 500 ranked it at 4. According to Forbes, SBI is the 29th most reputed company in the world. It was the only bank to make its way in "Top 10 Brands of India," conducted by The Economic Times and Brand Finance in 2010. Pratip Chaudhuri is the Chairman of SBI. It has an annual turnover of 1,47,844 crore. Its Profit After Tax is 10,685 crore. Its total assets are worth 14,84,482 crore .It is currently being traded at 2,170.00 in the stock market.


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Reader's comments(6)
1: List the 8 companies pls
Posted by:akshita - 15 May, 2012
2: Do we have any other companies in fortune 500, other then Oil co's. For example show me an Indian Co which is fortune 500 from technology, manufacturing, Software, agriculture, metals & Minerals etc

India with Billion Plus population have its own natural huge oil demand, therefore its no great deal for such co's to earn the profit reflected on this sheet.

Mind these Oil Co's are sucking the blood of tax payers/Indians.

India is one of the country where cost of oil is highest in the world (much higher then its neighbour China). Its price is increased when ever politicians fancy (bribed)of course stating Balance of payment against crude import as the reason.

Mind India has lost thousands of its manufacturing buisness against its neighbouring Country (manufacturing Competitier) China for this very reason (high fuel cost/ high power cost/ high transportation cost/ high wages to its employee (on account of high inflation which is again for high oil price) and could not compete on price issue, therefore shutting down industry (loosing its buisness) adding unemployment/ losing GDP (te very reason for fall of Indian Rs against Dollars).

Thus India promoted fortune 500 co. like Reliance, IOC, ONGC, GAIL etc (increasing the fuel cost/stabbing its citizens) and not created.

Remember Apple, Microsoft ...etc became a billionaire through innovation/ cutting technology and most important- selling its products globally (not in US) verses Indian Fortune 500 Companies which became billionaires selling its products in India at a price which promoted these companies to become a billonaire. Which means looting its poor citizens / creting more unemployment (reason stated above). Therefore all these Indian Billionaire co's were promoted with our Govt support all these years stabbing every citizen of the country....(great funny democracy).......Jai Hind.....Reporting from China
Posted by:Tapan - 11 May, 2012
3: For your kind information the head quarter of Indian Oil is in Delhi,
There are three main division in which Mumbai has the head quarter of Marketing only. Whereas Noida has head quarter of Pipe Line Division and Delhi has Corporate Office and Head Quarter Refinery.
Posted by:Jas - 08 May, 2012
Yes Mr Jas
Vijaya S Replied to: Jas - 09 May, 2012
5: This is really prestigious for India.
Posted by:Rimi - 08 May, 2012
Good to see !! its great
Shashidhar Replied to: Rimi - 08 May, 2012