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8 Indian firms on Fortune 500 list

New York Eight Indian companies, including Indian Oil Corporation (IOC) and Mukesh Ambani-led Reliance Industries Limited (RIL), have made the cut on the list of the world's 500 largest companies compiled by Fortune magazine.

The league of 500 elite companies for 2010 is topped by U.S. retailer Wal-Mart Stores, followed by Royal Dutch Shell and Exxon Mobil, in that order.

The other Indian companies on the list are: Tata Steel, Tata Motors, Bharat Petroleum Corporation Limited , Hindustan Petroleum Corporation Limited (HPCL), ONGC and the State Bank of India (SBI).

Tata Motors has made an entry into the list for the first time this year, while seven other Indian entities, which were part of the list in the previous year, are also featured. The list also features Citigroup, ArcelorMittal, Pepsico and Motorola, led by people with Indian roots. IOC has the highest rank of 125 among the featured Indian companies, followed by RIL at the 175th spot, SBI (282), BPCL (307), HPCL (354), Tata Steel (410), ONGC (413) and Tata Motors (442). — PTI

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