With more liberalized norms and rules by the Government, more and more companies saw the business scenario getting better.
These have in a way made a positive impact on the India company scenario and augmented the credibility of the India corporate sector. The future of India Company really looks very promising indeed.
Highlights of the India Company scenario
- India has 52 billionaires in 2009 as the Forbes report. This is with all courtesy to the improvement in the India company situation.
- India has been stated as the world's fastest growing wealth creator, all thanks to a vibrant stock market and higher earnings from the strata of Indian companies.
- The number of top companies in India has outshone their performances in terms of net profit in just six months of the start of the fiscal year. This depicts a fast growth in corporate earnings.
Amongst all the developments in India, the major one has been in the IT sector. The Indian IT company scenario has witnessed a fast growth pace and it has in its basket a lot of job opportunities. That is why the IT sector has been considered a prime career option. As a matter of fact, this sector happens to be the fastest growing sectors in the India Company premise.
List of top Indian companies in Forbes
There are 34 top Indian companies that have been listed in the Forbes Global 2000 ranking for 2008. The leading Indian companies from different sectors are:
|World Rank||Company/Location||Industry||Revenue||Profits||Assets||Market Value|
|98||Indian Oil Corporation Ltd., Delhi/NCR||Oil & Gas Operations||68.83||0.51||28.45||16.74|
|134||Reliance Industries Ltd., Mumbai||Oil & Gas Operations||58.90||2.91||48.50||69.36|
|272||Bharat Petroleum Corporation Ltd., Mumbai||Oil & Gas Operations||34.10||0.12||10.66||4.41|
|292||State Bank of India, Mumbai||Banking||32.40||2.13||256.79||27.21|
|336||Hindustan Petroleum Corporation Ltd., Mumbai||Oil & Gas Operations||28.50||0.15||9.73||2.55|
|359||Tata Motors Ltd., Mumbai||Capital Goods||27.50||-0.49||14.29||7.93|
|361||Oil And Natural Gas Corporation Ltd., Delhi/NCR||Oil & Gas Operations||26.90||3.86||35.66||51.82|
|370||Tata Steel Ltd., Kolkata||Steel||26.05||0.96||23.95||11.04|
|506||ICICI Bank Ltd., Mumbai||Banking||12.58||0.70||94.64||21.07|
|541||National Thermal Power Corporation Ltd., Delhi/NCR||Electricity Generation||8.62||1.58||22.59||36.32|
|571||Bharti Airtel Ltd., Delhi/NCR||Telecommunications Services||7.27||1.53||12.88||23|
|602||Steel Authority of India (SAIL) Ltd., Delhi/NCR||Steel||8.39||1.22||10.98||19.57|
|648||Larsen & Toubro Ltd., Mumbai||Construction||7.87||0.74||11.12||19.9|
|672||HDFC Bank Ltd., Mumbai||Banking||3.85||0.44||35.98||16.83|
|695||Punjab National Bank, Delhi/NCR||Banking||4.42||0.62||49.93||6.16|
|699||Bharat Heavy Electricals Ltd., Delhi/NCR||Capital Goods||5.16||0.61||8.96||25.24|
|741||Tata Consultancy Services Ltd., Mumbai||Software & Services||5.41||1.02||4.45||32.32|
|742||Reliance Communications Ltd., Mumbai||Telecommunications Services||4.04||1.18||20.15||7.04|
|783||Housing Development Finance Corporation Ltd., Mumbai||Construction||2.28||0.45||22.84||15.5|
|807||Infosys Ltd., Bangalore||Software & Services||4.22||1.17||4.34||32.2|
|826||Wipro Ltd., Bangalore||Software & Services||5.00||0.76||5.49||21.53|
|902||Bank of India, Mumbai||Banking||3.79||0.60||44.62||3.8|
|923||DLF Limited, Delhi/NCR||Construction||1.95||0.87||9.64||10.94|
|946||National Mineral Development Corporation (NMDC) Ltd., Hyderabad||Materials||1.47||0.85||3.32||37.12|
|985||GAIL (India) Ltd., Delhi/NCR||Utilities||4.80||0.55||5.79||10.98|
|1005||Hindalco Industries Ltd., Mumbai||Materials||12.73||0.07||12.71||6.69|
|1008||Canara Bank, Bangalore||Banking||3.82||0.40||43.39||3.49|
|1023||ITC Ltd., Kolkata||Food, Drink & Tobacco||3.18||0.65||3.97||19|
|1131||Jindal Steel & Power Ltd., Delhi/NCR||Steel||2.11||0.59||3.81||12.79|
|1308||Mahindra & Mahindra Ltd., Mumbai||Capital Goods||5.13||0.27||6.13||5.96|
|1385||NHPC Ltd., Faridabad||Utilities||0.67||0.24||8.11||7.75|
|1466||Oil India Ltd., Assam||Oil & Gas Operations||1.41||0.43||3.32||6.04|
|1539||Tata Power Company Ltd., Mumbai||Utilities||3.42||0.25||6.28||6.24|
|1642||IDBI Bank Ltd., Mumbai||Banking||2.61||0.15||34.31||1.87|
|1746||HCL Technologies Ltd., Delhi/NCR||Software & Services||2.13||0.27||2.50||5.37|
Last Updated on 12/23/2011