India's Top 10 Most Valued Firms

3.ONGC

Ranked at 3, Oil and Natural Gas Corporation Limited (ONGC) is an Indian state-owned oil and gas company headquartered in New Delhi, India. It is one of the major Asia-based oil and gas exploration and production companies, and produces around 77 percent of India's total basic oil production (and around 30 percent of total demand) and around 81 percent of natural gas production.  ONGC is one of the chief publicly traded companies by market capitalization in India and the biggest India-based company measured by profits. In 2010, it was ranked 18th in the Platts Top 250 Global Energy Company Rankings and 413th in the Fortune Global 500. This company has the market capitalization of 2, 37,885. ONGC was founded on 14 August 1956 by the Indian state, which currently holds a 74.14 percent equity stake. It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates over 11,000 kilometers of pipelines in the country. Its international subsidiary ONGC Videsh currently has projects in 15 countries.