List of Indian Companies in Fortune 500: LIC has recently been listed in the stock market. After the listing, Life Insurance Corporation (LIC) has joined the list of Fortune Global 500. At the same time, Reliance has jumped 51 places in this list.
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LIC got 98th place in the list
Let us tell you that LIC is the largest insurance company in the country with revenue of $ 97.26 billion and profit of $ 553.8 million. LIC has been ranked 98th in the recently released Fortune 500 list.
Reliance reached 104th place
On the other hand, Reliance Industries has jumped 51 places to 104th position in the list of 2022. They are ranked on the basis of sales of companies listed in the Fortune 500 list.
Walmart is on top
Reliance has been on the list for 19 years with a revenue of $93.98 billion and a net profit of $8.15 billion. American company Walmart is on top of this list.
9 companies in the list are Indian
Let us tell you that there are a total of nine Indian companies in this list, out of which five are in the public sector and four are in the private sector. Only LIC is above Reliance among Indian companies.
Which other Indian companies are Listed?
Indian Oil Corporation (IOC) jumped 28 places to 142nd position. Oil and Natural Gas Corporation (ONGC) climbed 16 places to 190. Two Tata group companies in this list – Tata Motors (ranked 370) and Tata Steel (ranked 435). Rajesh Exports is another private Indian company with 437th position in the list.
SBI also has a place as Indian Companies in Fortune 500
State Bank of India (SBI) climbed 17 places to 236th position and Bharat Petroleum Corporation Limited climbed 19 places to 295th position. The Fortune Global 500 list ranks companies on the basis of total revenue for the fiscal year ended on or before March 31, 2022.
These companies from China are also included
Chinese energy giants State Grid, China National Petroleum and Sinopec have made it to the top five. For the first time, the total revenue of companies in Greater China (including Taiwan) exceeds the total revenue of US companies on the list.
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