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This is an archive article published on October 2, 2005

Infy, Wipro, ICICI Bank in Forbes list

Software giants Infosys Technologies and Wipro along with ICICI Bank are the three Indian companies that figure in the list of 50 fabulous A...

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Software giants Infosys Technologies and Wipro along with ICICI Bank are the three Indian companies that figure in the list of 50 fabulous Asian firms compiled by Forbes magazine.

Firms with at least $5 billion in revenues or market value were considered for the list and some 500 made the grade and met the magazine’s definition of “big.” Of them, 50 were chosen on the basis of the best aggregate score for long-term profitability, sales and earnings growth and projected earnings and stock price gains. Infosys, says Forbes, has a market value of $14.7 bn and its sales are put at $1.6 bn. The figures for Wipro are $11.7 billion and $1.9 billion. But, ICICI Bank with a market value of $8.1 bn has sales worth $3.9 billion.

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