The Forbes business magazine has released its annual World’s 2000 largest and most powerful companies list, and 54 Indian organizations figure in the list topped by Reliance Industries and SBI. Top three companies of the list are Chinese Banks, with China occupying two more spots in the top ten.
There are 564 American companies in the list. Japan is in second place with 225 companies in the list. There are 207 China companies in the list. The two thousand companies together have a total revenue of 38 trillion US Dollars, making 3 trillion dollars profit, with the total market value of the companies put at 44 trillion dollars. Over 90 million people are working in these companies worldwide.
Banks and other financial companies dominate the list with 467 companies, 125 Oil & gas companies figure next, followed by insurance – 114 and utilities – 110 companies.
The Reliance industries is placed at 135 in the list with 50.9 billions dollars of market value, topping the list of Indian companies; followed by SBI at 155 with 23.6 billions value; ONGC is at 176; ICICI Bank at 304; Tata Motors at 332; Indian Oil (416), HDFC Bank (422), Coal India (428), Larsen & Toubro (500), Tata Consultancy Services (543), Bharti Airtel (625), Axis Bank (630), Infosys (727), Bank of Baroda (801), Mahindra & Mahindra (803), ITC (830), Wipro (849), Bharat Heavy Electricals (873), GAIL India (955), Tata Steel (983) and Power Grid of India (1011) etc.