ONGC Videsh is Most Internationalized Indian Firm second time in a row
Dated : 08 August 2014 06:35:11 AM
ONGC's fully owned subsidiary ONGC Videsh has emerged as the most internationalized Indian firm in a survey conducted by the prestigious Indian School of Business.
This is second consecutive year that ONGC Videsh has topped this listing. Indian School of Business listed top 20 Indian firms in this study. Significantly ONGC Videsh is the only state-owned company here.
This follows closely on the heels of ONGC being ranked 14th among the best Indian brands as per the recent Economic Times – Interbrand ‘Best Indian Brands’ study where ONGC was the only non-banking PSU in the top 40 Indian brands dominated by biggies with retail-centric presence.
The top 20 Indian companies have been ranked from a list of 29 firms that participated in the survey.
The rankings, which have taken into account figures for fiscal ended March 2013 -- are based on percentage of international assets against total assets, overseas revenues against total revenues and percentage of foreign employees with respect to total headcount. The methodology is based on the framework and the Trans-Nationality Index (TNI) developed by the United Nations Conference on Trade and Development (UNCTAD).
Other companies in the list include global education firm Core Education & Technologies (2), Tata Global Beverages (3), Suzlon Energy (4), Motherson Sumi Systems (5), HCL Technologies (9), Hindalco Industries (11), Jubliant Lifesciences (12), Dr Reddy's Laboratories (13), Punj Lloyd (14), Godrej Consumer Products (15), Piramal Enterprises (17), Bharti Airtel (18), Zee Entertainment (19) and Cipla (20).