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ONGC heads 33 Indian companies in Forbes global 2000news
03 April 2006

As many as 33 Indian companies have made it to the latest Forbes list of 2000 largest public companies in the world. The list of Indian entities is dominated by banks and financial institutions with as many as 12 banks, and housing finance major HDFC, finding a place.

There are six companies from the oil & gas sector, four from the metal sector, three from IT services, two from engineering & capital goods, two auto companies, one power utility and one FMCG company in the list of Indian companies.

The public sector still dominates corporate India and there are as many as 19 PSU organisations, including banks, in the list of Indian entities. There are six PSU entries in the top-10, including the biggest of them all - ONGC. The Tata group has the most representation among private Indian business houses with three Tata companies, Tata Steel, TCS and Tata Motors, in the list.

Indian rank

Global Rank

Company

Marker cap in $ billions

1

256

ONGC

36.52

2

298

Reliance Industries

22.26

3

310

SBI Group

10.40

4

311

Indian Oil

14.62

5

463

NTPC

24.36

6

656

ICICI Bank

12.33

7

764

SAIL

5.93

8

1087

BPCL

2.94

9

1142

Tata Steel

5.37

10

1163

TCS

18.34

11

1171

ITC

14.60

12

1177

Infosys

17.50

13

1189

HPCL

2.47

14

1206

HDFC

7.61

15

1215

Tata Motors

6.91

16

1225

Wipro

16.66

17

1243

PNB

3.14

18

1270

Gail India

5.20

19

1299

Canara Bank

2.64

20

1336

Bharti Televentures

15.39

21

1440

L&T

7.02

22

1524

BHEL

11.18

23

1530

HDFC Bank

5.18

24

1601

Bank of Baroda

1.48

25

1709

Union Bank of India

1.27

26

1736

Bank of India

1.47

27

1759

IDBI

1.36

28

1794

OBC

1.36

29

1821

Hindalco

4.16

30

1885

Nalco

4.03

31

1946

Bajaj Auto

5.93

32

1976

UCO Bank

0.47

33

1978

Indian Overseas Bank

1.25

Global top-10

  • Citigroup
  • General Electric
  • Bank of America
  • AIG
  • HSBC
  • Exxon-Mobil
  • Royal Dutch - Shell
  • BP
  • JP Morgan
  • UBS

The 2000 global companies made a combined profit of $1.7 trillion on sales of $24 trillion and had a combined market capitalisation of $31 trillion.


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ONGC heads 33 Indian companies in Forbes global 2000