8 Indian companies in Fortune 500 list of 2010
Fortune magazine has comes out with latest list of the world’s 500 largest companies for 2010, and India got its share with 8 companies on the list includes Indian Oil Corporation (IOC), Reliance Industries Limited (RIL),Tata Steel, Tata Motors, Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), ONGC and the State Bank of India (SBI). Tata Motors has made its entry into the list for the first time this year. IOC has the highest rank of 125 among the featured Indian companies, followed by RIL at the 175th spot, SBI (282), BPCL (307), HPCL (354), Tata Steel (410), ONGC (413) and Tata Motors (442).
The league of 500 elite companies for 2010 is topped by U.S. retailer Wal-Mart Stores, followed by Royal Dutch Shell and Exxon Mobil, in that order.
The list also features Citigroup, ArcelorMittal, Pepsico and Motorola, led by people with Indian roots. Vikram Pandit-led Citigroup is at 33rd place, with revenues of US$108.78bn, while NRI billionaire LN Mittal’s ArcelorMittal bagged the 99th position with revenues worth US$65.11bn. PepsiCo, run by Indira Nooyi, was ranked at 171st place with revenues of US$43.23bn and Sanjay Jha’s Motorola is at the 391st place, with US$22.06bn in revenues.
Source — PTI
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