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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (4964)	7/7/1999 9:37:00 AM
From: Mohan Marette	Read Replies (1) of 12475

8 Indian Co's in Business Week's Top-200 emerging market list 8 Indian companies have made it to the Top-200 emerging markets list of the Business Week magazine. Consumer products giant Hindustan Lever (HLL) with a market value of US$ 11.8 bn, leads the Indian pack. It has been ranked number 12 on the list. Not too far behind is the tobacco giant (market value US$ 6.1 bn) ITC at number 37, followed by Wipro at No. 65, Reliance at No. 82 and India's banking giant State Bank at No. 116. Telecom giant MTNL is ranked at 121, Nasdaq listed Infosys Technologies is ranked at No. 150 and India's internet getaway service provider VSNL ranks 180 in the Top-200 list. Mexico Telecom giant, Telefonos de Mexico heads the list with market value at US$ 33.3 bn. Asia has fast emerged on the list as three out of the top five on the list are Asians, compared to just one last year. The market value of top three in the five China Telecom, Taiwan Semiconductor and Korea Electric Power stands at US$ 66 bn, nearly half of Bombay Stock Exchange's aggregate market capitalisation of US$ 130 bn. 7 July, 1999 -EM

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