Tata Steel among seven Indian companies in Fortune Global 500

10 Jul 2009

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The Fortune Global 500 listing of the world's largest companies has listed seven Indian companies among the global elite of the corporate world.

Indian Oil Corporation (IOC) and Reliance Industries are two of the seven companies included for two consecutive years in the list compiled by Fortune.

The other Indian companies that have been able to make the cut are oil entities Bharat Petroleum, Hindustan Petroleum and Oil & Natural Gas and Indian Oil Corporation (IOC), State Bank of India (SBI) and Tata Steel.

IOC is in place 105, followed by Tata Steel at 258, RIL 264, BPCL 289, HPCL 311, SBI 363 and ONGC 402.

At the top spot is oil giant Royal Dutch Shell followed by another oil major Exxon Mobil and US retailer Wal-Mart Stores in the third place.

IOC had $62.9 billion in revenues followed by Tata Steel with $32 billion, RIL $31.7 billion, BPCL $29.9 billion, HPCL $28.2 billion, SBI $24.5 billion and ONGC $22.7 billion.

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