World's 10 Most Powerful Indian Public Companies

Recently, Forbes has come up with an annual list of the world’s 2000 largest and most powerful public companies. While Chinese companies occupying the top three positions on the list, Mukesh Ambani-led Reliance Industries leads the pack of 54 Indian companies in the same list. Moreover, the companies in the list, as measured by revenues, profits, assets and market value.

Here is the list of India’s most powerful public companies:

 

#1 Reliance Industries (World Rank: 135): It is India’s largest private sector enterprise founded by Dhirubhai H Ambani in 1966. Reliance industries have businesses in the energy and materials value chain. Group’s annual revenues are in excess of U.S. $66 billion. The flagship company, Reliance Industries Limited, is a Fortune 500 company headquartered in Mumbai under Mukesh Ambani, the CEO of the Reliance Industries.

 

#2 State Bank of India (World Rank: 155): India’s most commonly known commercial bank is the State Bank of India. Majority of people have their loans sanctioned or are account holders of this Bank. SBI is headed by CEO Arundhati Bhattacharya and the bank has its headquarters in Mumbai. It is actively involved in banking since 1973. With 14,816 branches all over India, it is the premier bank for Indians and especially the rural India.

#3 Oil and Natural Gas (World Rank: 176): ONGC was set up under the leadership of Pandit Jawaharlal Nehru and founder Shri Keshav Das Malviya in 1955, under Geological Survey of India. ONGC has been transforming the oil and gas sector by adding and establishing premier new oil provinces across Gujarat and Assam. It even discovered the giant oil field, Bombay High in early 70s now Mumbai High. Today ONGC contributes 72 percent to India’s total production of crude oil and 48 percent of natural gas.

It has established more than 7 billion Tonnes of in place hydrocarbon reserves in India. It produces more than 1.27 million barrels of oil equivalent per day.

#4 ICICI Bank (World Rank: 304): ICICI Bank is the largest private sector bank in India, headed by Chanda Kochhar, the Managing Director and Chief Executive Director of ICICI Bank. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and group of companies. ICICI Bank was established by the Industrial Credit and Investment Corporation of India (ICICI), an Indian financial institution, as a wholly owned subsidiary in 1955.Consequent to the merger of ICICI and ICICI Bank in 2002, all operations have been integrated in a single entity.

#5 TATA Motors (World Rank: 332): Tata Motors is India’s largest automobile company. It is the leader in commercial vehicles segment, and is among the top in passenger vehicles segment as well. It won awards, in the compact, midsize car and utility vehicle segments. Tata Motors is the world’s fifth largest truck manufacturer and fourth largest bus manufacturer. Headquartered in India and established in 1945, over 8 million Tata vehicles ply on Indian roads since 1945. Headed by Cyrus P. Mistry, the Non-Executive Director and Chairman, the company’s manufacturing base in India is spread across Jamshedpur, Pune, Lucknow, Pantnagar, Sanand and Dharwad.

#6 Indian Oil (World Rank: 416): Indian Oil is headquartered in New Delhi. Indian Oil today accounts for nearly half of India’s petroleum consumption, reaching petroleum products to millions of people every day through a network of around 35,000 sales points across the country. There are 167 bulk storage terminals and depots, 101 aviation fuel stations and 89 Indane LPG bottling plants. Established as an oil marketing entity on 30 June 1959, Indian Oil Company Limited was renamed as Indian Oil Corporation Limited on 1 September 1964 followed with the merging of Indian Refineries Limited. From a startup company in its early years till now, Indian Oil has grown over 3000 times.

#7 HDFC Bank (World Rank: 422): Headquartered in Mumbai, HDFC caters to a wide range of banking services covering commercial and investment banking. HDFC was amongst the first to receive an ‘in principle’ approval from the RBI to set up a bank in private sector. It was established in August 1994 and started its operations as a scheduled Commercial Bank in January 1995. It was the first bank in India to launch an International Debit Card in association with VISA Electron. By March 2013, the bank had a total card base (debit and credit cards) of over 19.7 million.

#8 NTPC (World Rank: 424): With a rich experience in engineering and operation, NTPC is the largest and one of the efficient power companies of India headquartered in New Delhi. With its first pithead super thermal power project at Singrauli in Uttar Pradesh, NTPC has come a long way since its inception in 1975 As per new corporate plan, NTPC expects to have an installed capacity of 128 GW of  a well-diversified fuel mix, by the year 2032, which will be based on carbon-free energy sources.

#9 Coal India (World Rank: 428): Coal India is an organized state owned coal mining corporate established in November 1975 when the government took  over private coal mines. With the production of 79 million tonnes in the year of its establishment, CIL today is the single largest coal producer in the world. Operating through 81 mining areas, it is an apex body with 7 wholly owned coal producing subsidiaries and 1 mine planning and Consultancy Company, spread over 8 states in India. In addition, CIL fully owns a mining company in Mozambique, named as ‘Coal India Africana Limitada’. Coal India produces around 81.1 percent of India’s overall coal. It is headed by Shri S. Narsing Rao, its Chairman-cum-Managing Director headquartered in Kolkata.

#10 Larsen & Toubro (WORLD Rank: 500): Headquartered in Mumbai, Larsen and Toubro was established in 1938. L&T was the brain child of two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro, both committed to developing India’s engineering capabilities. L&T has a global presence and with this it has seen the revenues rising up over the years. The company has manufacturing facilities in India, Middle East, South East Asia, China and Australia. The customers include global majors spread over 30 countries.

The other Indian companies on the list are 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).

Also making the list are Bharat Petroleum (1045), HCL Technologies (1153), Hindustan Petroleum (1211), Adani Enterprises (1233), Kotak Mahindra Bank (1255), Sun Pharma Industries (1294), Steel Authority of India (1329), Bajaj Auto (1499), Hero Motocorp (1912), Jindal Steel & Power (1955), Grasim Industries (1981) and JSW Steel (1990), reports PTI.

Source By- siliconindia.com

World's 10 Most Powerful Indian Public Companies