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panies are new this year. Another ten returned after falling off in past years.
Several leading names that claimed a spot year after year-such as Australia’s Wesfarmers, India’s Mahindra & Mahindra and Taiwan’s HTC-failed to repeat this time.
Titan Industries, India’s jewellery and watch king is also profiled by Forbes among the well-managed, fast-growing outfits.
Among executives and founders of these Asia Fab 50 companies, who also figure in Forbes list of billionaires are Uday Kotak and Aloke Lohia, onethird owner of I ndorama Ventures, ranked eight with an estimated net worth of $1.6 billion.
The companies were chosen from a pool of 1,295 that had at least $3 billion in annual revenue or market cap.
The Indian companies in the list with their ranks were: Tata Consultancy Services (4), ITC (5), HDFC Bank (6),Bharti Airtel (9), Tata Motors (16), Sun Pharmaceutical Industries (18), Bajaj Auto (27), Kotak Mahindra Bank(29), HCL Technologies (33), Titan Industries (37) and Asian Paints (41). key topics relevant to investing in the stock market.
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