Bhp Billiton makes Forbes top 50 Asia list

Australian Mining giant “BHP BILLITON” managed to make the Asia Forbes top 50 List.

Forbes’ 50 best listed companies in the Asia-Pacific region

“Our list is a mix of giant, established companies this year which includes Australian miner BHP Billiton ( BHP), Hong Kong conglomerate Noble Group and Indian oil and gas heavyweight RIL ( Reliance industries ltd) and smaller outfits such as Agile Property Holdings, Anhui Conch Cement and Digital China Holdings,” Forbes Asia said in a statement.

The other criteria for being in the list include long term profitability, sales and earnings growth, stock price appreciation, projects earnings, quality of management and entrepreneurial skills

As many as 13 Indian companies, including Reliance Industries (RIL), Infosys Technologies and Tata Steel, have made it to the list of Forbes’ 50 best listed companies in the Asia-Pacific region.

India Shines in Asia Forbes top 50 list

The Forbes list has four Indian entities – RIL, Bharti Airtel, Infosys Technologies and Tata Consultancy Services – among the top 10 firms in terms of market value.China has again outdone the rest of the Asia Pacific with the most number of firms (16) represented in the league, followed by India with 13 entities.

The Indian league has four newcomers this year – Adani Enterprises, Axis Bank, Jindal Steel & Power and Tata Consultancy Services – and among the Indian firms returning to the list include Bharat Heavy Electricals, Larsen & Toubro and RIL

“The mainland firms together with five from Taiwan and three from Hong Kong account for almost half of the entries, giving Greater China the biggest regional representation on the list,” Forbes said.

Taiwan moved up the ranking this year and is in the third place with five companies on the list, all of which are from the technology sector. Japan and Australia share the fourth place with four companies each on the list.

Ref :

INDIA SHARES INVESTMENT ( www.indiasharesinvestment.com )