13 Indian firms in Forbes Asia’s Fabulous 50 list
As many as 13 Indian companies, including Reliance Industries, Infosys Technologiesand Tata Steel, have made it to the list of Forbes’ 50 best listed companies in the Asia-Pacific region.
“Our list is a mix of giant, established companies- this year that list includes Australian miner BHP Billiton, Hong Kong conglomerate Noble Group and Indian oil and gas heavyweight Reliance Industries – and smaller outfits such as Agile property Holdings, Anhui Conch Cement and digital China Holdings,” Forbes Asia said in a statement.
In the Forbes list, there are four Indian entities – Reliance Industries, Bharti Airtel, Infosys Technologies and Tata Consultancy Services – among the top ten firms in terms of market value, while Reliance Industries and Tata Steel feature in the top ten league in terms of sales.
Other than RIL, Infosys and Tata Steel, the other Indian firms that have made it to the prestigious list include -Adani Enterprise, Axis Bank, Bharat Heavy Electricals, Bharti Airtel, HDFC bank, Jindal Steel & Power, Larsen and Toubro, Mahindra & Mahindra, Tata Consultancy Services and Wipro.
The Indian league had four newcomers this year – Adani Enterprises, Axis Bank, Jindal Steel & Power and Tata Consultancy Services – and among the Indian firms returning to the list include Bharat Heavy Electricals, Larsen & Toubro and Reliance Industries.