ID :
118263
Fri, 04/23/2010 - 12:50
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https://oananews.org//node/118263
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56 Indian cos among Forbes' Global 2000 list
FORBES
New York, Apr 22 (PTI) As many as 56 Indian companies,
including Reliance Industries and State Bank of India, have
been named among the world's 2,000 most powerful listed
companies, according to US magazine Forbes.
The 'Global 2000' list of the biggest and most powerful
companies worldwide has been topped by US banking giant
JPMorgan Chase and is followed by General Electric, Bank of
America and ExxonMobil.
Among Indian high performers, Mukesh Ambani-led Reliance
Industries leads the pack and has been ranked at the 126th
place in the global list.
Other Indian companies named in the list include State
Bank of India (130), ONGC (155), ICICI Bank (282), Indian Oil
(313), NTPC (341), Tata Steel (345), Bharti Airtel (471),
Steel Authority of India (502), Larsen & Toubro (548) and HDFC
Bank (632).
The global rankings span 62 countries, with the US (515
members) and Japan (210 members) dominating the list as usual,
although the number of companies from developing nations in
the Global 2000 is fast increasing.
This year, the countries that gained the most ground are
mainland China (113 members), India (56 members) and Canada
(62 members), the magazine said.
Forbes' ranking of the world's biggest companies used an
equal weighting of sales, profits, assets and market value to
rank companies according to size and this year's list reveals
the dynamism of global business.
"In total, the Global 2000 companies now account for USD
30 trillion in revenues, USD 1.4 trillion in profits, USD 124
trillion in assets and USD 31 trillion in market value. All
metrics are down from last year, except for market value,
which rose 61 per cent," Forbes said.
Two companies from the Anil Ambani Group, Reliance
Communications (742) and Reliance Infrastructure (1,702), have
also made it on the list.
Other Indian companies named on the list include
state-owned Punjab National Bank (695), Tata Consultancy
Services (741), HDFC (783), Infosys (807), DLF (923) and Hero
Honda Motors (1,571). PTI MBH
AHM
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New York, Apr 22 (PTI) As many as 56 Indian companies,
including Reliance Industries and State Bank of India, have
been named among the world's 2,000 most powerful listed
companies, according to US magazine Forbes.
The 'Global 2000' list of the biggest and most powerful
companies worldwide has been topped by US banking giant
JPMorgan Chase and is followed by General Electric, Bank of
America and ExxonMobil.
Among Indian high performers, Mukesh Ambani-led Reliance
Industries leads the pack and has been ranked at the 126th
place in the global list.
Other Indian companies named in the list include State
Bank of India (130), ONGC (155), ICICI Bank (282), Indian Oil
(313), NTPC (341), Tata Steel (345), Bharti Airtel (471),
Steel Authority of India (502), Larsen & Toubro (548) and HDFC
Bank (632).
The global rankings span 62 countries, with the US (515
members) and Japan (210 members) dominating the list as usual,
although the number of companies from developing nations in
the Global 2000 is fast increasing.
This year, the countries that gained the most ground are
mainland China (113 members), India (56 members) and Canada
(62 members), the magazine said.
Forbes' ranking of the world's biggest companies used an
equal weighting of sales, profits, assets and market value to
rank companies according to size and this year's list reveals
the dynamism of global business.
"In total, the Global 2000 companies now account for USD
30 trillion in revenues, USD 1.4 trillion in profits, USD 124
trillion in assets and USD 31 trillion in market value. All
metrics are down from last year, except for market value,
which rose 61 per cent," Forbes said.
Two companies from the Anil Ambani Group, Reliance
Communications (742) and Reliance Infrastructure (1,702), have
also made it on the list.
Other Indian companies named on the list include
state-owned Punjab National Bank (695), Tata Consultancy
Services (741), HDFC (783), Infosys (807), DLF (923) and Hero
Honda Motors (1,571). PTI MBH
AHM
The information contained in this electronic message and any attachments to this
message are intended for the exclusive
use of the addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please
notify the sender immediately and destroy
all copies of this message and any attachments contained in it.
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