20 Indian cos in Forbes ‘Best Under A Billion’ list

November 3rd, 2009 by admin Leave a reply »

Twenty Indian companies have made the cut to enter the list of 200 best companies having sales less than USD 1 billion in the Asian Pacific region, compiled by business magazine Forbes.
Biotech major Biocon, industrial equipment firm AIA Engineering, IT outsourcing firm Allied Digital Services, software entity AurinoPro Solutions and construction materials company Birla feature in the league of 200 companies.

“All have either increased sales and profits over the past 12 months or are forecast to do so in coming quarters.

Apparel, media, technology and health care led the way.

“Nearly 40 per cent of the companies are from greater China,” Forbes said.

Deepak Fertilisers, drug ingredients provider Divi’s Laboratories, gas storage products entity Everest Kanto, pharma firm FDC, publishing entity Geodesic and IT consultancy ICSA have also made it to the list.

Others in the 200 league are IT firms GSS America and Micro Technologies, infrastructure firm IVRCL Infrastructure, security systems entity Nitin Fire Protection, medical devices company Opto Circuits, aluminium foil maker Parekh Aluminex, television broadcaster Raj Television and oil exploration firm Selan Exploration Technology.

Source:http://www.tradingmarkets.com/.site/news/Stock%20News/2619471/

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