Days are gone when Indian brands named always at last, This remark can be given to today's India. Yes India is shining with there Indian companies getting listed in Forbes.
The Indian race is led by one of the most valued firm Reliance Industries and PSU major ONGC, all these 48 Indian firms named in the 'Global 2000 List' have a billion-dollar size in terms of market value.
The Forbes list starts with British banking behemoth HSBC, has been compiled on the basis of a composite score of sales, profit, assets and market capitalization.Followed by General Electric, Bank of America, JPMorgan Chase and ExxonMobil - all four from the US - in the top five positions.Among Indian firms RIL and ONGC are among top 200 companies @ 193 & 198 rank respectively.
As earlier in march, when Forbes released the list of top richest person of the world, then it included53 Indian businessmen, with four of them - Lakshmi Mittal, Mukesh Ambani, Anil Ambani and KP Singh figuring among the world's ten wealthiest.
There some more good news as some dominating ranks State Bank of India (219th) and Indian Oil (303rd), the country's biggest private sector lender ICICI Bank (374th) and state-run power generation major NTPC (411th).While none of the Indian companies have managed to find a place among top 100, it has two firms run by people of Indian origin.
Vikram Pandit-led banking giant Citigroup and Lakshmi Mittal-headed steel behemoth ArcelorMittal are at 24th and 38th positions respectively. Indra Nooyi-run beverage major
