Business

13 Indian cos. figure in FT list

LONDON: Thirteen Indian firms, led by Reliance Industries, have made to the list of world’s 500 most valued companies compiled by the U.K. business daily Financial Times, even as 12 of them fell down from their previous rankings amid weak stock market trends.

Excluding tobacco-to-consumer goods major ITC, all the 12 Indian companies present on the list, including RIL, ONGC, NTPC, SBI, Bharti Airtel, DLF and Reliance Communications, saw their rankings drop in the latest FT Global 500 list, topped by American energy giant ExxonMobil with a market value of $452.5 billion.

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