Recent updated news has ranked countrys top 10 multinational companies (MNCs) by revenue. Here we see IT MNC vs Commercial MNC. The listing comprises as many as Information technology companies.
These IT Companies look to be overshadowing the likes of Hindustan Unilever (s money box in top 10), Coca-Cola, PepsiCo and Cadbury whose very names till sometime back were synonymous with the term MNC in the country.
Heres the list of TOP MNCs-
Nokia
The worlds largest cellphone maker Nokia ranks at No. 2 on the list of top MNCs in India.
Turnover: 23,000 cr
arouse holding: 100%
Employees: 132,430 (end 2010)
Global performance: The company, which is currently facing tough competition from Google and Apple globally, in January describe its third profit fall in a line and warned of a weak start to 2011. Recently, Nokia teamed up with software behemoth Microsoft to adopt Windows Phone software across its devices, replacing its home-grown Symbian platform. Nokia is expect to launch Windows phones in 2012.
Vodafone Essar
The Indian subsidiary of Vodafone Group is at No. 3 on the list.
Turnover: 22,000 cr
Parent holding: 67%
Global performance: Vodafone Group describe 3% growth in gross sales to 11.9 billion pounds ($19.29 billion) for the October-December breaker point on the back of strong performances in businesses in India, bomb and the UK. The British mobile operator said its group gain revenue grew by 2.5% to 11 billion pounds. Vodafone said attend to revenues from Indian operations grew by 16.7% during the third quarter cease December 31, 2010. Apart from India business, the UK unit recorded underlying sales growth of 7% in the third quarter.
Hewlett Packard
HP (Hewlett Packard) At No. 5 is the worlds largest computer maker.
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