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Reliance Industries Ranks High Amongst Global Champions For 2009-www.zjzs.net

Business 11th position in terms of Market Cap & Performance; 5th biggest sustainable value creator. Reliance Industries (RIL), the countrys largest .pany by market capitalisation, has been ranked among the top 25 global .panies which outperformed peers in the midst of the global economic slowdown this year, according to an AT Kearney study. RIL, which recently .pleted two world-class projects, a new refinery at Jamnagar and the gas project in the Krishna Godavari basin on the eastern coast, has occupied the eleventh position among the 25 in the AT Kearney Global Champions for 2009 list. It is the sole Indian .pany to appear in the list which is topped by Japanese firm Nintendo. US-based Google and Apple occupied the second and the third positions, respectively. The constituent of the list were identified from the worlds 2,500 largest .panies with 2008 sales greater than $10 billion and at least 25% of sales derived from outside their home region. RIL has been ranked at the 11th place ahead of global biggies like Jacobs Engineering, World Fuel Services, ABB, Amazon.. and America Movil. Earlier this month, RIL had been ranked the fifth biggest sustainable value creator in a list of 25 top .panies globally, prepared by Boston Consulting Group, in terms of investor returns over a decade. RIL this month announced that each shareholder would get a free share for every share they held, first time after a gap of 12 years. It also announced a 130% dividend pay out to the shareholders. Its chairman Mukesh Ambani had said the bonus offer was to reward the shareholders on .pletion of Jamnagar refinery and the KG basin gas project. AT Kearney said although the proportion of .panies representing emerging countries to its list has declined to 33% from last years 40%, RIL has managed to maintain its status as Global Champions. The financial crisis has greatly accelerated the rate of change in underlying global business conditions. .panies that were able to align a disciplined growth-oriented strategy to the transformed economic landscape were the ones that dominated, AT Kearney chairman and managing officer Paul Laudicina said. The top ten .panies in the list include South Koreas Doosan (fourth), Hyundai Heavy Industries (fifth), French firm GDF Suez (sixth), South African firm MTM (seventh), US-based Monsanto (eighth), Spains Inditex (ninth) and Australias BHP Billiton in the 10th rank. This list is yet another demonstration that sustainability is not in conflict with, or independent of, business success. Rather, a focus on sustainability is a sign that the .pany is looking well beyond the horizon, the report said. Mr Laudicina said: Neither size nor market position is a necessary pre-condition for superior growth or protection against market turbulence. Instead, the themes that emerge include an in-depth understanding of what the market needed at a particular time, an ability to plan beyond the immediate environment, and focus on flawless execution. About the Author: 相关的主题文章: