Monday, September 18, 2006

Seven Indian cos crack S&P list

News Source and Details

What is common to Bharat Forge, Siemens India, Chennai Petroleum, UTI Bank, Punjab National Bank, Nicholas Piramal and Oriental Bank of Commerce?

These seven Indian companies are amongst the 300 mid-size companies in the world which are expected to emerge as challengers to the world's leading blue chip companies.

Standard & Poor's, a leading index provider, on Monday released the global challengers list, which identified these 300 companies from all across the globe as showing the highest growth characteristics, along with dimensions encompassing intrinsic and extrinsic growth.

"These companies, including the seven Indian companies, are expected to challenge the world's leading blue chip companies," according to the report.

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