Indian Express

Express India

Screen

Loksatta

Express Cricket

Kashmir Live

Biz Publications
 
| Make this your homepage | RSS

Indian-origin executives head a dozen Fortune 500 firms

Agencies

Posted: 2008-07-10 08:03:33+05:30 IST
Updated: Jul 10, 2008 at 0803 hrs IST

New York, July 10: : Led by Vikram Pandit-run Citigroup, there are a dozen Fortune 500 companies across the world with an Indian or a person of India-origin as chief, as per the latest list of world's biggest corporations released on Wednesday.

While there are seven Indian companies on this year's Global Fortune 500 list, up from six last year, at least five other members of this league have been run by persons of Indian-origin over the past year.

Among these companies, Citigroup, ranked 17th in the list prepared on the basis of the companies' annual revenue, has Nagpur-born Pandit as its CEO since December last year. Citi is followed ArcelorMittal, which has billionaire steel tycoon Lakshmi Mittal as its CEO and main promoter, at 39th rank and Vodafone at 85th.

Vodafone's India-origin CEO Arun Sarin is, however, resigning from this position later this month after leading the world's largest mobile player for past five years.

Other firms are beverages major Pepsico (184) and financial services entity Hartford Financial Services (311). Pepsico is headed by Indra Nooyi while Hartford Financial is led by Ramani Ayer.

Citigroup, which has been battered by subprime losses in recent months, had posted revenues to the tune of 159.23 billion dollars while ArcelorMittal had a topline of 105.22 billion dollars.

Vodafone had revenues to the tune of 71.20 billion dollars. Pepsico earned revenues of 39.47 billion dollars and Hartford Financial Services raked in 25.92 billion dollars in revenues.

Ads by Google
Discuss this story on expressindia forums

Post Comments

Comments: (Limit 3,000 characters)
Name
Message
Email ID
Subject
TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Comments
20% Cash back on hotels
- Yatra.com
Send Gifts
Flowers and Gifts