- Recently, 9 Indian public and private companies have been added to the Fortune Global 500 list of year 2022. Life Insurance Corporation (LIC) of India has been ranked at 98th position in the list, with revenue worth USD 97,266.7 million. LIC has been added to the list for the first time, after it was listed on Indian stock exchanges in May 2022.
- Walmart, U.S has been ranked one.
- Indian Companies in the list include;
- Indian Oil Corporation Ltd. (IOCL) at 142nd
- Oil and Natural Gas Corporation (ONGC) at 190th
- State Bank of India (SBI) at 236th
- Bharat Petroleum Corporation Ltd (BPCL) at 295th
- Fortune 500 list provides ranking to companies across the world, based on total revenues for respective fiscal years that ends on or before March 31, 2022.
Fortune Global 500:
- The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine.
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