Fortune India: Mukesh Ambani’s Reliance Industries Ltd has been at the top of the list of Fortune 500 Indian companies. This is the second year in a row that RIL is at number one in this list. Last year too, RIL overtook Indian Oil Corporation and made it to the top of the list for the first time. The Fortune India 500 list is prepared keeping in mind the revenue and profits in the financial year. During this time, RIL’s cumulative revenue and profit have increased.
IOC in second place
According to Fortune India, Indian Oil Corporation (IOC), India’s largest oil company, has been ranked second in this list. Last year too, the IOC finished second, when RIL overtook it to take the first position.
This name is also included in the list
Oil and Natural Gas Corporation (ONGC) ranks third in the list of Fortune 500 Indian companies. At the same time, the country’s largest public sector bank SBI (State Bank of India) has been ranked fourth. Bharat Petroleum Corporation Ltd., the country’s second largest retail fuel company. (BPCL) has been ranked 5th in this list.
In the list, Tata Motors is at sixth place and Rajesh Export is at 7th position. The country’s largest IT services company Tata Consultancy Services (TCS) is ranked 8th and ICICI Bank (ICICI Bank) is at the ninth position. Infra company Larsen & Toubro (LT) is named in 10th place. This list has been released by Fortune India, which is part of Kolkata-based RP Sanjeev Goenka Group.
Reliance is the most valuable company in the country. Earlier in the global ranking released in August, RIL was among the top 100 companies in the world. In the global list, IOC was down 34 places to 151st place from the previous year, while ONGC was down 30 places to 190th position.
Explain that last week, the market cap of 5 of the top 10 companies of the Sensex had decreased by a total of Rs 91,699 crore. In this, Reliance Industries (RIL) suffered the most. Then the market cap of Reliance Industries decreased by Rs 60,829.21 crore to Rs 12,23,416.97 crore.