- For Teachers
Please correct the below paragraph.It consists of many names of both persons and firms.It may cause inconvenience to you.Sorry for that.
There are eight Indian companies in Forbe's Fortune Global 500 list.Among them five companies are related to petroleum products.They are Indian Oil,Reliance Industries,Hindusthan Petroleum,Oil and Natural gas and Bharath Petroleum.The only company relating to banking sector is State bank of India while the remaining two companies belongs to Tata group.In the eight corporations, five belong to government of India.
Reliance industries which is lead by Mukesh Ambani is founded by Dheerubhai ambani in the year 1966.Tata group which is lead by Ratan Tata is one of the India's oldest corporations.In the initial days the firm is established for textile goods and later they spread their business to different sectors like retail,communications and petroleum. The Tata group is emerged as one of the major companies in India in 19030's and later they entered into almost all major fields like steel,auto mobiles,chemicals,beverages,communications,hotels etc.