National News

These PSUs made it to Fortune 500 list 2020 of Indian companies

Indian Oil has been ranked no 2 in the Fortune 500 list 2020 of Indian companies followed by Oil & Natural Gas Corporation (ONGC), State Bank of India (SBI), and BPCL (Bharat Petroleum) in the top ten list

PSU Watch Bureau

New Delhi: There are a number of Public Sectors Undertaking (PSUs) companies that have made it to the Fortune 500 list 2020 of Indian companies. Some of them have slipped from their earlier spots while some are the new entrants. PSU Watch has compiled the whole list of PSUs featured on the Fortune 500 list of Indian companies. PSUs from Banking & Finance to oil & gas, coal, power generation and distribution have topped the list published earlier this week. 

India's biggest OMC Indian Oil has been ranked no 2 in the Fortune 500 list of Indian companies followed by Oil & Natural Gas Corporation (ONGC), the largest lender State Bank of India (SBI), and India's second-biggest fuel retailer Bharat Petroleum Corporation Ltd (BPCL) in the top ten list. It is pertinent to mention here that in the global rankings released by Fortune earlier in August, Reliance Industries Limited broke into the world's top 100 companies. While Indian Oil had slipped 34 positions to rank 151st globally, and Maharatna oil PSU ONGC was ranked 190th, 30 notches lower than its last year's ranking. A number of PSUs like BPCL, BEML, Shipping corporation that are disinvestment-bound organisations have also made to the list. Here is the full list:

  1. Rank 2 Indian Oil (IOCL)
  2. Rank 3 Oil & Natural Gas Corp ONGC
  3. Rank 4 State Bank of India (SBI)
  4. Rank 5 Bharat Petroleum (BPCL)
  5. Rank 14 NTPC
  6. Rank 16 Coal India Ltd (CIL)
  7. Rank 19 Bank of Baroda
  8. Rank 26 Gas Authority of India Ltd (GAIL)
  9. Rank 29 Steel Authority of India Ltd (SAIL)
  10. Rank 30 Punjab National Bank (PNB)
  11. Rank 33 Power Finance Corporation (PFC)
  12. Rank 37 General Insurance Corporation of India
  13. Rank 39 Bank of India
  14. Rank 42 Union Bank of India
  15. Rank 44 Power Grid Corporation of India Ltd (PGCIL)
  16. Rank 52 National Bank for Agriculture & Rural Development (NABARD)
  17. Rank 56 New India Assurance Company
  18. Rank 57 IFFCO
  19. Rank 60 Central Bank of India
  20. Rank 61 IDBI bank
  21. Rank 63 Indian bank
  22. Rank 66 Bharat Heavy Electricals Limited (BHEL)
  23. Rank 69 Hindustan Aeronautics Limited (HAL)
  24. Rank 72 Indian Overseas Bank
  25. Rank 75 LIC Housing Finance
  26. Rank 79 PTC India
  27. Rank 80 UCO Bank
  28. Rank 96 Rail Vikas Nigam Ltd (RVNL)
  29. Rank 98 OIL India
  30. Rank 108 National Fertilizer Ltd (NFL)
  31. Rank 110 Bank of Maharashtra
  32. Rank 112 Bharat Electronics Ltd (BEL)
  33. Rank 116 National Mineral Development Corp (NMDC
  34. Rank 118 Gujarat State Petronet
  35. Rank 126 NLC India
  36. Rank 135 NHPC
  37. Rank 144 Rashtriya Chemicals and Fertilizers
  38. Rank 159 National Aluminium Company
  39. Rank 164 Jammu and Kashmir Bank
  40. Rank 165 Punjab and Sind Bank
  41. Rank 171 Exim Bank
  42. Rank 175 NBCC
  43. Rank 186 Gujarat State Fertilizers & Chemicals Limited
  44. Rank 189 Housing and Urban Development Corp (HUDCO)
  45. Rank 207 Container Corporation of India (CCI)
  46. Rank 232 Mazagon Dock Shipbuilders (MDL)
  47. Rank 233 IRCON International
  48. Rank 243 Gujarat Narmada Valley Fertilizers & Chemicals (GNVFC)
  49. Rank 244 National Housing Bank
  50. Rank 266 India Infrastructure Finance Company Limited (IIFCL)
  51. Rank 271 Shipping Corporation of India (SCI)
  52. Rank 300 Tamil Nadu Newsprint and Papers Limited
  53. Rank 309 Fertilisers and Chemicals Travancore (FCT)
  54. Rank 314 Cochin Shipyard Ltd (CSL)
  55. Rank 327 Engineers India Limited (EIL)
  56. Rank 335 BEML
  57. Rank 337 SJVN
  58. Rank 375 IFCI Ltd
  59. Rank 393 Konkan Railway Corporation
  60. Rank 399 Bharat Dynamics Ltd (BDL)
  61. Rank 411 Rail India Technical & Economic Service (RITES)
  62. Rank 447 Indian Railway Catering & Tourism Corporation (IRCTC)
  63. Rank 482 Kudremuck Iron Ore Company Ltd (KIOCL)

The list has been published by Fortune India, which is part of the Kolkata-based RP Sanjiv Goenka Group. 

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