As many as 47 Indian companies, led by corporate behemoth Reliance Industries [Get Quote] and the country's biggest lender, State Bank of India [Get Quote], have made it to the list of world's biggest 2,000 companies by US magazine Forbes.

However, five Indian companies -- scam-hit IT firm Satyam [Get Quote] Computer, realty firm Unitech, Suzlon Energy [Get Quote] and two Anil Ambani group firms Reliance Power and Reliance Capital [Get Quote] -- have been dropped from the Forbes 'Global 2000 List' this year.

Four Indian companies, Hero Honda Motors [Get Quote], Sun Pharma [Get Quote], Indian Bank [Get Quote] and Jindal Steel and Power Ltd are the new entrants to the list.

Mukesh Ambani-promoted RIL, State Bank of India, and Oil and Natural Gas Corporation are among the top 200 companies ranked 121st, 150th and 152nd, respectively, on the list. All the three top Indian firms have improved their ranks considerably from their last year's positions, wherein RIL had been 193rd, SBI at 219^th spot, while ONGC [Get Quote] was ranked 198th.

Overall, the list is topped by industrial conglomerate General Electric, followed by Dutch oil and gas major Royal Dutch Shell, Japan's Toyota Motor, ExxonMobil and UK's BP in that order.

The rankings have been compiled on the basis of a composite score of sales, profit, assets and market capitalisation.

However, British banking giant HSBC Holdings has dropped to the sixth place this year from its numero uno position in last year's list.

The other top Indian firms on the list include Indian Oil [Get Quote] (207th), NTPC (317th), ICICI Bank [Get Quote] (329th), Tata Steel [Get Quote] (463rd) and Bharti Airtel [Get Quote] (508th).

The Indian presence is almost evenly divided among private and state-run companies. While none of the Indian companies have managed to find a place among the top 100 firms this year as well, the elite club includes a firm run by person of Indian origin.

Lakshmi Mittal-headed steel behemoth ArcelorMittal is at 41st position. However, Vikram Pandit-run banking giant Citigroup has dropped to 472nd rank this year.

Further, Indra Nooyi-run beverage major PepsiCo has been ranked 115th and Indian origin Francisco D'Souza-headed Cognizant Technology Solutions is at 1,389th place. Motorola, headed by Sanjay Jha, is at 658th place.

According to Forbes, the Global 2,000 companies have combined revenue of $32 trillion, $1.6 trillion in profit, $125 trillion in assets and $20 trillion in market capitalisation.

Other Indian companies on the list include SAIL [Get Quote] (582), Reliance Communication (689), Larsen & Toubro (773), BPCL [Get Quote] (795), BHEL (796), HDFC [Get Quote] (808), TCS [Get Quote] (834), Hindalco [Get Quote]

Industries (848), HDFC Bank (864), DLF (883), Infosys [Get Quote] (891), Punjab National Bank [Get Quote] (946), ITC (987), Wipro [Get Quote] (989), Bank of India (997), HPCL [Get Quote] (1,002), GAIL (1,037) and NMDC (1,057).

The list also has Canara Bank [Get Quote] (1,059), PGCIL (1,085), Tata Motors [Get Quote] (1,157), Bank of Baroda [Get Quote] (1,184), Power Finance (1,324), Axis Bank (1,332), Union Bank of India [Get Quote] (1,350), Grasim Industries [Get Quote] (1,380), Indian Overseas Bank [Get Quote] (1,462), Sun Pharma (1,522), M&M (1,529), Allahabad Bank [Get Quote] (1,629), Indian Bank (1,659), Syndicate Bank [Get Quote] (1,663), I,DBI Bank (1698), Central Bank of India (1,724), JSPL (1,793), NALCO (1,794), OBC (1,869), UCO Bank [Get Quote] (1,872) and Hero Honda (1,939).