India's Top 10 Most Valued Firms
4.Coal India
Coal India Limited (CIL) is ranked at 4th position with m-cap of 
2, 19,462 crore. It is positioned at 418th place in Forbes Global 2000 list. This Indian state-controlled coal mining company is headquartered in Kolkata, West Bengal, and is world's largest coal miner with revenue exceeding 602.45 billion (FY2010-11). It was previously owned entirely by the Union Government of India, under the administrative control of the Ministry of Coal. It is involved in coal mining and production industry. In April 2011, CIL was bestowed with the Maharatna status by the Union Government of India and ranked as one of India's most valuable company by market value. It is India's largest ever public offer from Coal India Ltd. to rise up to 15, 000 crore ($2.72 billion). It is currently 90 percent owned by the Government of India with the remaining 10 percent owned by the public. Coal India Limited was formed in 1973 as Coal Mines Authority Limited. In 1975 it was changed to Coal India Limited as a holding company with five subsidiaries.
