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Updated: 06 Aug 2024
2 Min Read
Mukesh Ambani's Reliance Industries Limited (RIL) maintained its status as the top-ranked Indian company in the 2024 Fortune Global 500 list. Nine Indian companies were included in the 2024 list, with RIL improving its rank from 86 to 88.
Only eight Indian companies were included in the list in 2023, and HDFC Bank was included for the first time this year.
Companies are ranked on the Fortune Global 500 by total revenues for their respective fiscal years ending on or before March 31, 2024.
The 2024 Fortune Global 500 List was released by the global multi-platform media company Fortune on 5 August 2024. American company Walmart retained its top position on the list for the 11th consecutive year.
This year nine Indian companies have been included in the list, with RIL leading the list. Following is the list of the Indian companies with their rank
|
Serial Number |
Company |
2024 rank |
2023 rank |
Improvement (+)/decline in ranks (-) as compared to 2023 |
|
1 |
Reliance Industries Limited (RIL) |
86 |
88 |
+2 |
|
2 |
Life Insurance Corporation (LIC) |
95 |
107 |
+12 |
|
3 |
Indian Oil Corporation (IOC) |
116 |
94 |
-22 |
|
4 |
State Bank of India (SBI) |
178 |
235 |
+57 |
|
5 |
Oil and Natural Gas Corporation (ONGC) |
180 |
158 |
-22 |
|
6 |
Bharat Petroleum Corporation Limited (BPCL) |
258 |
233 |
-25 |
|
7 |
Tata Motors |
271 |
337 |
+66 |
|
8 |
HDFC Bank |
306 |
Not included |
- |
|
9 |
Rajesh Export |
473 |
353 |
-120 |
Walmart leads the Fortune 500 Global List
For the 11th consecutive year, the American company Walmart has topped the Fortune Global 500 list. Saudi Arabian company Aramco remained the most profitable global company.
Following is the list of the top 10 Fortune Global 500 List
|
Rank |
Company |
Country |
|
1 |
Walmart |
United States |
|
2 |
Amazon |
United States |
|
3 |
State Grid |
China |
|
4 |
Saudi Aramco |
Saudi Arabia |
|
5 |
Sinopec |
China |
|
6 |
China National Petroleum |
China |
|
7 |
Apple |
United States |
|
8 |
UnitedHealth Group |
United States |
|
9 |
Berkshire Hathaway |
United States |
|
10 |
CVS Health |
United States |
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