Its off course a happy news for Industry watchers as well as Indians. Ten Indian companies have made to the list of the 500 top global companies for 2009, which was scaled in terms of market capitalization. The first place goes for the American energy giant ExxonMobil which is followed by PetroChina an oil major, US retailer Walmart stores follows the third position. Reliance Industries is the only company from India to make it on the top 100 and to get the 75th rank. The market capitalisation of $47.25 billion. Reliance was at the 80th position last year.
The Indian companies that have been included are Oil & Natural Gas Corporation(120th rank),National Thermal Power Corporation (138), Bharti Airtel (188), Infosys Technologies (330), Bharat Heavy Electricals Ltd (345), ITC (362), State Bank of India (372), Tata Consultancy Services (483) and Hindustan Unilever (495). Of the Indian firms seven of them have improved their position from last year and two SBI and TCS has slipped down. HUL(Hindustan Unilever Ltd) is a new entry.
ONGC has a market capitalisation of $32.87 billion, NTPC ($29.29 billion), Bharti Airtel ($23.41 billion), Infosys Technologies ($14.95 billion), BHEL ($14.51 billion), ITC ($13.75 billion), SBI ($13.35 billion), TCS ($10.42 billion) and Hindustan Unilever ($10.23 billion).
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