Mumbai: Reliance Industries have emerged as the most valuable Indian company in the global list of non-state companies upper 500, but seeing its ranking slipping by three points.
Ranking of many other Indian companies, including Tata Consultation Services, HDFC Bank, HDFC and Bharti Airtel, declined compared to last year on the Global Global 500 list.
Overall, 12 Indian companies managed to reach a list of 500-value companies that opposed 11 in the period last year.
The Valuation of the Dependency Industry Mukesh Ambani increased 11 percent to $ 188 billion but the ranking slipped by three to 57 places in the ranking that used the assessment on July 15 as a cut-off.
TCS tucks one position to become the most valuable company of the 74th in the world with an assessment of $ 164 billion, HDFC Bank is 19 positions down at 124 with a $ 113 billion assessment while HDFC’s parent fell 52 places at 301 percent increased in the assessment to $ 56.7 billion.
The assessment of the Mahindra Bank box decreased by 8 percent to $ 46.6 billion, which caused the fall of 96 places to rank 380, while his greater rival Icici Bank saw a rising valuation of 36 percent to $ 62 billion which resulted in an increase in global ranking 48 places up to 268 , according to the list.
There are three newcomers from the country in the list, including Wipro (457th Ranked), Cat Asia (477) and HCL Technologies (498).
“Two-thirds of Indian companies displayed in the list come from financial services and software services.
In the coming years, the Startup Revolution in this country will help India contribute more companies to Hurun Global 500,” Customer Suri and Research Head of Anas said Rahman Junaid.
Apple is the most valuable company in the world and sees its assessment up 15 percent to $ 2.4 trillion, he said.
Apple, Microsoft, Amazon and Alphabet, ‘Big 4’, doubled its value since Covid-19 to take their combined value to $ 8 trillion, and redeem 14 percent of Global Hunun 500.
India ninth by the number of companies displayed in the list, led by the US (243) and was attended by China (47), Japan (30) and England (24).