Dozen Indian Companies Make Their Way In Forbes Asia's Fabulous 50 List

Here comes another moment of pride for Indias accross the globe as a dozen Indian companies shined bright in the 2014 Forbes Asia's Fabulous 50 list of the region's'best big publicly traded companies. It is important to note that China topped the list with the most companies on the list.

According to Forbes, these Fabulous 50 firms are selected from a pool of 1,300 publicly listed companies in Asia with at least $3 billion in annual revenue or market capitalization.

Mumbai-based Tata Consultancy Services (TCS) appeared in the Fab 50 list for the seventh time and sixth straight time overall. On the other hand, HDFC Bank has made it way in the list eight times. Notably, this is more than any other company since the list started in 2005.

The other firms from India that were listed in the list included tech firm HCL Technologies, which makes the list for the fifth time, and pharmaceutical company Sun Pharmaceutical Industries, which featured for the third consecutive time. Automobile manufacturer Mahindra & Mahindra (M&M) also made a come back to the list after a gap of two-year.

China has the most companies in line with its show for the last three years, said Forbes. Tech companies dominate China's lineup, with Tencen', having a market capitalisation of $155.6 billion, that is nearly double that of India's TCS.