12:13 am - Wednesday November 11, 2015

12 Indian firms among Forbes Asia’s Fabulous 50

65 Viewed Gautam Comments Off on 12 Indian firms among Forbes Asia’s Fabulous 50
0x600

A dozen Indian firms figure in this year’s Forbes Asia’s Fabulous 50 list of the region’s best big publicly traded companies.

China boasts the most companies on the list, as it has for the last three years. But the number fell to 16, down from 20 last year and 23 the year before, according to the list published in the web edition of Forbes Asia.

China’s tech companies made a strong showing, with Tencent the most valuable, having a market cap of $155.6 billion, nearly twice that of runner-up India’s Tata Consultancy Services (TCS).

Lenovo is the biggest in terms of annual revenue of $38.7 billion, just edging out India’s Tata Motors. India trails China with 12 companies on the Fabulous 50 list, the same number as last year.

HDFC Bank, the country’s second-largest private sector bank, appears on the list for the eighth year, the most times of any company on the list since Forbes began compiling this roster in 2005.

Other notable companies from India include HCL Technologies, which makes the list for the fifth time, and Sun Pharmaceutical Industries, which appears on the list for the third consecutive time.

Mahindra & Mahindra also rejoins the list after a two-year absence.

The Fabulous 50 companies are selected from a pool of 1,300 publicly listed companies in the region with at least $3 billion in annual revenue or market capitalization, Forbes said.

 

Click here to submit your review.


Submit your review
* Required Field

Don't miss the stories followIndiaVision News and Information and let's be smart!
Loading...
0/5 - 0
You need login to vote.
Filed in
pension

Minimum pension of Rs. 1,000 under EPFO; wage ceiling up at Rs. 15,000

kalanidhi_mara--621x414

Kal cables challenges licence cancellation

Related posts