Features Of ONGC

hii sir, I wants to now the ONGC features in developing Nation TNCS list please provide me Features of the ONGC in developing Nation ?

[Shaleen]

Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company headquartered in Dehradun, Uttarakhand, India. It is a Public Sector Undertaking (PSU) of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas. It is India's largest oil and gas exploration and production company.


As you asking for the Features of the ONGC in Developing the Nation TNCS here I am giving you some facts that may shows that ONGC is the Developing the Nation TNCS List that are as follow:

State-run Oil and Natural Gas Corporation is the only Indian company ranked in terms of foreign assets that figures in a UN agency's list of top 100 Transnational Corporations from developing countries

ONGC is ranked 26 in the list of developing country TNCs. The list is dominated by firms based in Hong Kong, China, Korea and Singapore, as per the World Investment Report 2006 b

The public sector oil giant had foreign assets of 4.018 billion dollars and total assets of 18.599 billion dollars in 2004. The company recorded foreign sales of 1.263 billion dollars, while total sales stood at 14.492 billion dollars.World's largest TNC in terms of foreign assets is General Electric.

ONGC is one of ‘FORTUNE – World’s Most Admired Companies – 2014’. Fortune- A global business magazine has recently released the list that features only two Indian companies; Besides ONGC, Tata Steel is the other Indian company to feature in the list