Forbes Lists ONGC No 1 Indian firm
30 Mar 2007
Oil and Natural Gas Corporation (ONGC) has topped in the list of 34 Indian firms in the Forbes list of 2000 corporate giants across the world. The ranking is based on sales, profits, assets and stock market value.
At
the top of the Indian list is ONGC, ranked 239 in the
overall global ranking, is followed by Reliance Industries
with an overall global ranking 258, State Bank of India,
which is globally at 326 and Indian Oil, with an overall
global ranking 399.
In the ranking for Indian firms there are five oil and gas companies, four software giants, three each dealing in materials and capital goods, two utilities, and one food, consumer durable and telecommunications major.
In the IT segment Tata Consultancy is ranked 1,047 following Infosys Technologies (1,130), Wipro (1,233) and Satyam Computer Services (1,874).
Bajaj Auto is the only Consumer Durables company ranked 1916 and Bharti Airtel is the only Indian telecommunications company ranked 1,149 among 2000 giants
Citigroup has been ranked number 1 in Forbes 2000 followed by 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).
The
2007 rankings indicate that globalisation is the essential
element for business to prosper. Forbes says this year''s
comprehensive list of global superstars values the world''s
largest public companies including the hottest companies
and best performers across 27 industries.
|
Rank |
Company |
Industry |
|
| 1 |
239 |
Oil & Natural Gas |
Oil & Gas Operations |
| 2 |
258 |
Reliance Industries |
Oil & Gas Operations |
| 3 |
326 |
State Bank of India Group |
Banking |
| 4 |
399 |
Indian Oil |
Oil & Gas Operations |
| 5 |
494 |
NTPC |
Utilities |
| 6 |
536 |
Icici Bank |
Banking |
| 7 |
800 |
Steel Authority of India |
Materials |
| 8 |
1047 |
Tata Consultancy Svcs |
Software & Services |
| 9 |
1128 |
Tata Steel |
Materials |
| 10 |
1130 |
Infosys Technologies |
Software & Services |
| 11 |
1149 |
Bharti Airtel |
Telecommunications Services |
| 12 |
1197 |
HDFC-Housing Devel |
Banking |
| 13 |
1233 |
Wipro |
Software & Services |
| 14 |
1235 |
Tata Motors |
Capital Goods |
| 15 |
1256 |
ITC |
Food Drink & Tobacco |
| 16 |
1278 |
GAIL (India) |
Utilities |
| 17 |
1308 |
Punjab National Bank |
Banking |
| 18 |
1313 |
Bharat Heavy Electricals |
Capital Goods |
| 19 |
1360 |
Canara Bank |
Banking |
| 20 |
1372 |
Bharat Petroleum |
Oil & Gas Operations |
| 21 |
1376 |
HDFC Bank |
Banking |
| 22 |
1380 |
Larsen & Toubro |
Capital Goods |
| 23 |
1460 |
Hindustan Petroleum |
Oil & Gas Operations |
| 24 |
1585 |
Bank of Baroda |
Banking |
| 25 |
1691 |
Bank of India |
Banking |
| 26 |
1700 |
Hindustan Zinc |
Materials |
| 27 |
1767 |
Indl Dev Bank of India |
Banking |
| 28 |
1772 |
Union Bank of India |
Banking |
| 29 |
1874 |
Satyam Computer Services |
Software & Services |
| 30 |
1916 |
Bajaj Auto |
Consumer Durables |
| 31 |
1931 |
UCO Bank |
Banking |
| 32 |
1943 |
Syndicate Bank |
Banking |
| 33 |
1946 |
Indian Overseas Bank |
Banking |
| 34 |
1974 |
Oriental Bank of Commerce |
Banking |