TOP 3 INDIAN COMAPNIES ARE INCLUDE IN FORTUNE 500
WHAT IS FORTUNE 500?
The Fortune 500 is an annual list completed and published by fortune magazine that rank 500 of the largest world corporation by total revenue for their respective financial year. And the list includes publicly held companies along with privately held companies for which revenues are publicly available.
TOP 5 INDIAN COMPANIES ARE INCLUDE IN FORTUNE 500.
1.Reliance Industries limited
Incorporation year:1966
Ownership group: Reliance Group
Headquarter: Mumbai, Maharashtra, India
Present Head: Mukesh Ambani
Company Introduction
Reliance industry was founded by the Dhirubahi Hirachand Ambani and his brother Champaklal Damani in 1960s As a Reliance commercial corporation in 1966. Reliance textile industry private limited was incorporated in Maharashtra it established synthetic fabric meal in 1966 at Naroda in Gujarat. In 1975 had the company expanded its business into a textile with a vimal becoming a major textile brand in later year the name of company was changed from reliance textile industry admitted to Reliance Industries limited (RIL)in 1985.Reliance industries 55th on Forbes world largest public corporation
2.ONGC (OIL&NATURAL GAS CORPORATION LIMITED)
Incorporation year:1956
Ownership groups: Government of India
Headquarter: Uttarakhand India
Present head: Shashi Shanker
Company Introduction
ONGC was founded on 14 August 1956 by Government of India which currently holds a 68.94% equity. ONGC has discovered 6 or 7 commercially producing Indian bases in last 50 years Adding over 7.1 billion Tonnes in place oil and gas volume of hydrocarbon in India basins oil and natural gas corporation limited. ONGC is in the public sector undertaking PSU of a government India under the administrative control of ministry of petroleum natural gas. It is an Indian largest oil and gas exploration and production company. It is involved in exploring for exploiting hydrocarbon in 26 sedimentary basins of India and own and operate over 11,000 kilometers of pipeline in the country. It is international subsidiary ONGC Videsh currently has project in 17 country it produce around 77% of Indian crude oil equivalent to around 30% of our country total demand and around 62% of our natural gas oil. ONGC has been ranked 449 in fortune global 500 list in the world biggest corporation for a year 2015 it is ranked. 17th Among the top 250 global energy company by Platts.
SBI (STATE BANK OF INDIA)
Incorporation year:1806
Headquarter: Mumbai, India
Present Head: C.C Setty, Ashwani Bhatia, Swaminathan J., Ashwani Kumar Tiwari
Chief Financial officer: Charanjit Surinder Singh Attar
Company Introduction
The bank traces it and sentry to British India through the impartial Bank of India to the founding in 1806 of the Bank of Calcutta, making it my oldest commercial bank in Indian subcontinent. Bank of Madras merged into the other two "precedency banks" in British India, Bank of Kolkata and Bank of Bombay, To form the imperial Bank of India which in turn become the State Bank of India in 1955. Government of India owned Imperial Bank of India in 1955,with the Reserve Bank of India taking a 60% stake and renamed in the State Bank of India. In 2008 the government took over stake held by Reserve Bank of India. State Bank of India is an Indian multinational public sector, banking and financial service government owned corporations. SBI is actively owned since 1973 in nonprofit activity called as a community service banking. SBI has a 14 regional hub and 57 zonal office says that are located at important cities throughout India. It has more than 14,000 branches and 58500 ATMs including 191 foreign officials across 36 countries. It is the largest banking and financial service says company in India by asset State Bank of India is in a banking behemoth and has 20% market share in a deposit and loan among the Indian commercial bank.
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