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34 Indian firms in Forbes' 2000 corporate titans
Dharam Shourie in New York
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March 30, 2007 10:15 IST
Last Updated: March 30, 2007 10:27 IST

Oil and Natural Gas Corporation leads the pack of 34 Indian companies, a chunk of them from the banking sector, which have found place on the elite Forbes' list of 2000 corporate giants across the world.

In the ranking based on sales, profits, assets and stock market value, there are five oil and gas companies, four software giants, three each dealing in materials and capital goods, two utilities, and one each food, consumer durable, and telecommunications majors.

At the top of the Indian list is ONGC which finds 239 spot in the overall rankings and is followed by Reliance Industries (258), State Bank of India (326) and Indian Oil (399).

Tata Consultancy finds 1047 spot in the overall list but tops Indian companies ranking of software and service outfits. Following it in the category are Infosys Technologies (1130), Wipro (1233) and Satyam Computer Services (1874).
 

34 Indian companies in Forbes 2000

Rank in Forbes 2000

Name of Company

239 

Oil & Natural Gas Corporation

258 

Reliance Industries

326 

State Bank of India

399 

Indian Oil Corporation

494 

NTPC

536 

ICICI Bank

800 

Steel Authority of India

1047

Tata Consultancy Services

1128

Tata Steel

1130

Infosys Technologies

1149

Bharti Airtel

1197

HDFC

1233

Wipro

1235

Tata Motors

1256

ITC

1278

GAIL

1308

Punjab National Bank

1313

Bharat Heavy Electricals

1360

Canara Bank

1372

Bharat Petroleum

1376

HDFC Bank

1380

Larsen & Toubro

1460

Hindustan Petroleum Corporation

1585

Bank of Baroda

1691

Bank of India

1700

Hindustan Zinc

1767

IDBI

1772

Union Bank of India

1874

Satyam Computer Services

1916

Bajaj Auto

1931

UCO Bank

1943

Syndicate Bank

1946

Indian Overseas Bank

1974

Oriental Bank of Commerce

Bharti Airtel is the only Indian telecommunications company to find spot among 2000 giants with a rank of 1149.

State Bank of India Group finds top spot among the Indian banks and is ranked at 326 in the overall list. It is followed by ICICI Bank (536), Housing Development Finance Corporation (1197), Punjab National Bank (1308), Canara Bank (1360), HDFC bank (1376), Bank of Baroda (1585), Bank of India (1691), Industrial Development Bank of India (1767), Union Bank of India (1772). UCO Bank (1931), Syndicate Bank (1943), Indian Overseas Bank (1946) and Oriental Bank of Commerce (1974).

In the materials category, Steel Authority of India, Tata Steel and Hindustan Zinc find slots in the coveted list. ITC is the only Indian company to make the list in food, drink and tobacco category.

NPTC, Tata Motors, Gail India, Bharat Heavy Electricals, Bharat Petroleum, Larsen and Toubro, Hindustan Petroleum and Bajaj Auto are among other Indian companies that find spot among 2000 top companies.

The first seven top spots go the American companies.

Two firms from the Netherlands and one from Switzerland are among the first ten companies.

Citigroup has been ranked number 1 in Forbes 2000. Following it are Bank of America, HSBC Holdings, General Electric, JP Morgan Chase, American Intl Group, ExxonMobil (all American), Royal Dutch Shell (Netherlands), UBS (Switzerland) and ING Group (Netherlands).

Forbes says this year's comprehensive list of global super stars values the world's largest public companies, including the hottest companies and best performers across 27 industries.

The 2007 rankings indicate that globalization is the essential element for business to prosper, the magazine says.

China brings 16 new companies to the Global 2000 and the United States has 34 fewer in the list. Among the giants, 116 are oil and gas which pulled down more revenue than any other industry but banks lead in profits.

A highlight of the analysis is that total revenues of the companies headquartered in Switzerland exceed that nation's gross domestic product.

The U.S. companies included on this year's list have a combined market capitalisation of $13.9 trillion.

Argentina is represented on the Global 2000 for the first time ever.


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