Reliance reached 88th position in Fortune Global 500 list
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Reliance has improved
At the same time, in the last two years, Reliance has improved a total of 67 places in the list of Fortune Global. The company was ranked 155th in the year 2021 list. Companies on the Fortune Global 500 list are selected based on their total revenue during the fiscal year ending March. A total of eight Indian companies including Reliance have been given a place in the latest list. The second Indian company in this list is Indian Oil Corporation, which has jumped 48 places to 94th position.
lic slide down
Life Insurance Corporation of India (LIC) has slipped nine places to rank 107 this time. Other public sector companies – ONGC, BPCL and SBI have also made it to the list. ONGC is ranked 158th in the list, BPCL is ranked 233rd and SBI is ranked 235th.
Two other Indian companies Tata Motors and Rajesh Exports are also included in this list. Tata Motors improved 33 places to rank 337, while Rajesh Exports jumped 84 places to rank 353. This is the 20th consecutive year that Reliance has featured in Fortune Global’s list. Reliance Industries’ integrated revenue increased by 23.2 percent to a record Rs 9,76,524 crore in FY 2022-23.
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