Economy
56 Indian Companies Among Forbes’ Global 2000 List
US magazine Forbes on 6 May released Global 2000 Companies list. According to the list, India is home to 56 of the world’s 2000 largest and most powerful public companies.The list is topped by US (579 companies), followed by China (232 companies) and Japan (218 companies). Reliance Industries, the topmost India company is ranked 142 on the list, down from last year’s 135th spot.
SBI launches RuPay Platinum Debit Card
India’s largest lender State Bank of India (SBI) on 7 May launched State Bank RuPay Platinum debit card in association with National Payment Corporation of India (NPCI). Initially, the card will be issued free to customers maintaining a quarterly balance of 50000 rupees. The RuPay card is accepted at all payment channels like ATMs, PoS and eCommerce.
Forbes World’s 10 Biggest Consumer Financial Services Firms
Mortgage lender HDFC has emerged as the only Indian company among the world’s 10 biggest consumer financial services firms, after giants like American Express, Visa and Mastercard. HDFC is ranked 7th on the list, compiled by business magazine Forbes, where American Express is placed on the top followed by Capital One Financial, Visa, Discover Financial Services and Orix in the top-five.
Four Indians Among Forbes world’s 100 Most Powerful Women
SBI Chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media Chair Shobhana Bhartia were listed in the 12th Forbes’100 Most Powerful Women List, which was released on 26 May . Arundhati Bhattacharya ranked 30th on the list, followed by Kochhar on the 35th spot, Mazumdar-Shaw (85) and newcomer on the list Bhartia is on the 93rd spot.The world’s most powerful woman in the list is German Chancellor Angela Merkel who fetched the first spot.