ONGC leads 33 Indian companies on Forbes 2000 list

By agencies   |   Friday, 31 March 2006, 08:00 Hrs
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NEW YORK: One of AsiaÂ’s biggest oil companies Oil and Natural Gas Corporation (ONGC) leads 33 Indian companies, mostly in banking and software sectors that have found place on Forbes magazine's top 2000 companies across the world.

HDFC Bank, IDBI, National Aluminum, Bajaj Auto and UCO Bank joined the list which shows that 17 Indian companies gained in rank but 11, mostly in banking sector, lost ground compared with last year's list.

ONGC is at 256th position among the 2000 and is followed by Reliance Industries, State of Bank of India, Indian Oil, NTPC, ICICI Bank, Steel Authority of India, Bharat Petroleum, Tata Steel, Tata Consultancy services and ITC to claim top ten spots for India.

Infosys Technologies, Hindustan Petroleum, HDFC, Tata Motors, Wipro, Punjab National Bank, Gail (India), Canara Bank, Bharti Tele Ventures, Larsen and Toubro, Bharat Heavy electrics, Oriental Bank of Commerce, Hindalco Industries and Indian Overseas Bank are among others who make the grade.

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