Reliance improved its ranking this year to 121 from 142 last year, with a market value of $ 50.6 billion and assets worth $ 91.5 billion.
Reliance is followed by State Bank of India which is ranked 149 and has a 23.3 billion dollar market value. The other Indian companies on the list are Oil and Natural Gas ranked (220), ICICI Bank (266), HDFC Bank (275), Indian Oil (371), Tata Consultancy Services (385), NTPC (400), Bharti Airtel (453), Axis Bank (484), Infosys (590), Bharat Petroleum (650), Wipro (755, Tata Steel (1178) and Adani Enterprises (1993).
Also making to the list are Coal India (465), Larsen and Toubro (505), ITC (781), Kotak Mahindra Bank (899), Mahindra and Mahindra (901) and HCL Technologies (943). Chinese banks held on to the top three spots in the list, a comprehensive annual ranking of the world's largest public companies.Chinese banks held on to the top three spots in the list, a comprehensive annual ranking of the world's largest public companies. Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China held onto their leading positions, despite a slowing Chinese economy that hurt profits and knocked peer Bank of China from fourth place to sixth, Forbes said.