34 Indian companies in Forbes 2000

New York, Mar 30 | Updated: Mar 31 2007, 05:43am hrs
ONGC leads a pack of 34 Indian companies, a chunk of them from the banking sector, which find place on the elite Forbes list of 2000 global corporate giants.

In the rankings based on sales, profits, assets and stock market value, there are five Indian oil and gas companies, four software giants, three each dealing in materials and capital goods, two utilities, and one each in foods, consumer durables, and telecommunications.

At the top of the Indian list is ONGC at 239 spot, followed by Reliance Industries (258), State Bank of India (326) and Indian Oil (399).

TCS (1047) tops Indian software and service outfits, followed in the category by Infosys Technologies (1130), Wipro (1233) and Satyam Computer Services (1874).

Bharti Airtel is the only Indian telecom company to find a spot among the 2000 giants with a rank of 1149.

State Bank of India heads Indian banks at 326 in the overall list. It is followed by ICICI Bank (536), HDFC-Housing Development (1197), Punjab National Bank (1308), Canara Bank (1360), HDFC Bank(1376), Bank of Baroda (1585), Bank of India (1691), IDBI (1767), Union Bank of India (1772), UCO Bank (1931), Syndicate Bank (1943), Indian Overseas Bank (1946) and OBC (1974).

Overall, the top spot goes to Citigroup, followed by Bank of America, HSBC Holdings and General Electric.

PTI