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Fortune India 500

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The Fortune India 500 is a ranking of the top 500 corporations in India compiled on the basis of latest sales and gross revenue figures. The list is compiled and published annually by Fortune magazine.[1] Fortune India is Fortune's sixth international edition following Fortune China, FORTUNE Turkey, Fortune Korea, Fortune Indonesia as well as special edition of FORTUNE Greece.[2][3]

Fortune India is published monthly in English, through a licensed agreement between Time Inc.,the publishers of the globally acclaimed business title and Kolkata-based ABP Group, one of India’s largest media conglomerate.[4][5] Dibyendra Nath Mukerjea is the editor of FORTUNE India and Pavan Varshnei is the President of FORTUNE India .[6] Companies are ranked by their latest annual audited total income for the financial ending on or before June 30 of the current year and the company should be a listed company.Since 2010, the list has had its current form, listing also top financial corporations and service providers by revenue.[7] Fortune India hits Indian stands in September 2010 and in October 2011,it celebrated first anniversary with double issue.

2010 list

Indian Oil Corporation topped the first-ever FORTUNE India 500 rankings and Reliance Industries was listed at No. 2. The next three places were taken by State Bank of India, Bharat Petroleum and Hindustan Petroleum respectively.[8]

2011 list

Oil and gas companies Indian Oil Corporation, Reliance Industries and Bharat Petroleum Corporation dominate the Fortune 500 India list for second year also.[9] Zee Entertainment Enterprises (#1 media, #256 overall), Sun TV Network (#2, #347), HT Media (#3, #383) ,Network 18 (#4, #413) and Dish TV (#5, #437) are in the list of media companies in the Fortune India 500 roster of India’s largest corporations.[10] Tata Consultancy Services (#1 IT, #20 overall),Wipro(#2, #25),Infosys Technologies(#3, #27),HCL Technologies Limited(#4, #49),Satyam Computer Services(#5, #153)and Tech Mahindra(#6, #161) are top IT companies of India in Fortune India 500 list.[11]

2011 breakdown by city

This is a ranking of the top 11 cities, with the most Global 500 companies.[12]

Rank Cities Companies
1 Mumbai 177
2 Delhi-NCR 111
3 Kolkata 38
4 Chennai 34
5 Bangalore 25
6 Pune 22
7 Ahmedabad 19
8 Hyderabad 17

177 companies are located in the India's financial capital Mumbai.

Awards

1.Fortune India won two merit awards from the Society of Publication Designers,New York.[13] 2.Fortune India won bronze award for infographics at the IFRA Annual Competition in 2011.

See also

References

  1. ^ "The top 20 companies in India - Rediff.com Business". Rediff.com. Retrieved 2012-01-23.
  2. ^ "Fortune 6th international edition". Fortune. Retrieved December 9, 2010.
  3. ^ "Fortune launches Indian edition". Medianewsline.com. 2010-09-27. Retrieved 2012-01-23.
  4. ^ "‘Fortune India’ launches today; Bates 141 roped in as creative agency". Exchange4media.com. 2010-09-24. Retrieved 2012-01-23.
  5. ^ "MIB nod to Indian edition of ‘Fortune’ magazine". Exchange4media.com. 2010-02-16. Retrieved 2012-01-23.
  6. ^ Business Standard (2010-09-24). "Fortune India hits the stands, finally". Business-standard.com. Retrieved 2012-01-23. {{cite web}}: |author= has generic name (help)
  7. ^ "India's 30 biggest companies - Rediff.com Business". Rediff.com. 2011-12-22. Retrieved 2012-01-23.
  8. ^ "Fortune India 500". Fortune. Retrieved December 9, 2010.
  9. ^ "Fortune India 500 second year list". Fortune. Retrieved December 18, 2011.
  10. ^ Media Tv Print Media Radio Ooh Mediaah!. "Dish TV makes it to Fortune India 500, 4 biggies exit list". MxM India. Retrieved 2012-01-23.
  11. ^ "Fortune India 500 complete list" (PDF). Fortune Indis. Retrieved December 18, 2011.
  12. ^ "India 500 2011: City". Fortune India. Retrieved December 14, 2011. Number of companies data taken from the "Pick a city" box.
  13. ^ "Fortune India global recognition". Fortune India. Retrieved October 21, 2011.
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