homephotos Newseconomy NewsIn pictures: These seven Indian firms are on Fortune 500 biggest corporations list

In pictures: These seven Indian firms are on Fortune 500 biggest corporations list

SUMMARY

Seven Indian companies have made it to the Fortune Global 500 list of the world’s biggest corporations in terms of revenue, with billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) holding the top spot among the Indian companies. RIL emerged as the top-ranking Indian company after improving its ranking to 106 from previous year’s 148. The Mumbai-based conglomerate also toppled the state-run Indian Oil Corporation (IOC) as the top Indian firm.

By Pradeep Suresh  Jul 25, 2019 12:54:19 PM IST (Published)


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RIL emerged as the top-ranking Indian company after improving its ranking to 106 from previous year’s 148. The Mumbai-based conglomerate also toppled the state-run Indian Oil Corporation (IOC) as the top Indian firm. (REUTERS/Amit Dave/Files)

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Indian Oil Corporation (IOC) stood second with a ranking of 117, an improvement from previous year's 137. The state-owned firm locked a 17.7 percent growth in revenue from $65.9 billion to $77.6 billion. (REUTERS/Adnan Abidi)

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