11 Indian Firms in Forbes Asia's Fab 50
Kotak Mahindra Bank (29)
The commercial bank, Kotak Mahindra Bank Limited functions in nine business segments: Treasury, Investments and Balance Sheet Management Unit includes dealing in debt, forex market, investments and primary dealership of government securities; Retail Banking includes lending, personal loans and agriculture finance, branch banking, which includes retail borrowings covering savings and branch banking network/services, including distribution of financial products, and credit cards, which includes receivables relating to credit card business; Corporate Banking contains wholesale borrowings and lending; Vehicle Financing include retail vehicle and wholesale trade finance; Other lending activities comprise of financing against securities and other loans; broking include brokerage income; advisory and transactional services provides financial advisory and transactional services; Asset Management include management of investments, and Insurance, which include life insurance.
HCL Technologies (33)
The global technology company, HCL Technologies Limited consists of providing Software services, infrastructure services, including sale of networking equipment and business processing outsourcing services, which are in the nature of customer contact centers and technical help desks. HCL is a provider of business transformation, enterprise and custom applications, infrastructure management, business process outsourcing (BPO), and engineering services. The Company provides solutions across a range of verticals, such as financial services, manufacturing, consumer services, public services and healthcare. The principal geographical segments include America, Europe and others. The Company sold certain portion of its Telecom Expense Management Services business during the fiscal year ended June 30, 2011. In January 2011, it got hold of certain software assets of Citi Securities and Fund Services.
