Tuesday, 26 May 2015

56 Indian firms on Forbes List



Presently, there are 56 Indian companies on Forbes list of 2000 powerful companies. The ranking depends on the parameters including sales, assets, etc besides market value.

India, a rising economic power in the world is home to 56 of the world’s 2000 largest and most powerful companies, according to US-based magazine Forbes’ annual list, which is topped by the US with its share of 579 companies.

India’s Mukesh Ambani-led Reliance Industries Ltd leads the pack of 56 Indian companies in the 2015 Forbes Global 2000 list. RIL is ranked 142 on the list, down from last year’s 135th spot, with a market value of $42.9 billion and 71.7 billion in sales. It is followed by State Bank of India which is ranked 152, and has a market value of $33 billion.

The list shows the dominance of the US and China in the current global business landscape. China is home to 232 of the world’s largest companies, adding more spots than any other country in the world, and surpassing Japan for the first time. With 218 companies, Japan has slid to the third spot. India has added two companies to its last year’s tally.

This year’s Global 2000 companies hail from 61 countries, and account for combined revenues of $39 trillion, profits of $3 trillion with assets worth $162 trillion and a market value of $48 trillion.

The top 5 Global companies: Rank 1- ICBC (China)  $278.3 bn, 2- China Construction Bank - $212.9 bn, 3- Agricultural Bank of China - $189.90, 4- Bank of China - $199.1 bn, 5- Berkshire Hathaway (US) - $354.8 bn.

And the top 5 Indian companies: Rank142- RIL - $42.9 bn, 152- SBI - $BI -$33.0 bn, 183 – ONGC - $43.7 bn, 263- Tata Motors - $28.8 bn, 283- ICICI Bank - $30.0 bn.

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Picture Post:

Ghost Mansions of Chettinad in Tamilnadu, India
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