New Delhi based real estate company Ashiana Housing Ltd becomes the only real estate company from India to figure in 'Asia's Best Under A Billion’ list of companies compiled by the Forbes magazine for 2011.
Nearly 35 Indian companies were able to make it to the list including Ashiana Housing which is the only Indian company representing reality sector. Among the 200 companies listed by the magazine, 35 are from India, while 65 firms are based in China and Hong Kong. The number of Indian companies has increased from 20 in last year's list.
The Forbes' 'Asia's 200 Best Under A Billion' list highlights the 200 top-performing small and mid size enterprises having revenues under $1 billion. It picks these firms from close to 15,000 publicly listed Asia-Pacific companies with actively traded shares and sales between five million dollars and one billion dollars. The selection of the best 200 companies is based on earnings growth, sales growth, and shareholders' return on equity in the past 12 months and over three years.
Nearly 35 Indian companies were able to make it to the list including Ashiana Housing which is the only Indian company representing reality sector. Among the 200 companies listed by the magazine, 35 are from India, while 65 firms are based in China and Hong Kong. The number of Indian companies has increased from 20 in last year's list.
The Forbes' 'Asia's 200 Best Under A Billion' list highlights the 200 top-performing small and mid size enterprises having revenues under $1 billion. It picks these firms from close to 15,000 publicly listed Asia-Pacific companies with actively traded shares and sales between five million dollars and one billion dollars. The selection of the best 200 companies is based on earnings growth, sales growth, and shareholders' return on equity in the past 12 months and over three years.
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