Fortune is a global media organisation situated in the USA. It publishes news relating to the business world in its magazine Fortune. Annually it also puts out a list of top 500 companies of the world which ranks them according to their revenue. This list is the Fortune Global 500. The more the revenue of a company the higher is its rank in the list.
This year the list is stopped by Walmart with revenue of $523,964 billion, followed by Sinopac Group at number 2 with $407,009 billion revenue and State Grid at number 3 with $383,906 billion revenue. However the company which made maximum profit is Saudi Aramco whose profit is $86,270 billion.
There are many Indian companies in this list as well. Reliance industries Limited (RIL) is at number 96 which is the highest position ever earned by an Indian company. RIL has risen 10 ranks as compared to last year. Its revenue is $86,270 billion and profit $5,624.9 billion. In 2012 also RIL was in the top hundred at 99th position. It is interesting to note that RIL has been in the Fortune Global 500 list for the past 17 years.
The other Indian companies in this list Indian Oil Corp at 151, Oil and Natural Gas Corp (ONGC) at 190, State Bank of India (SBI) at 221, Bharat Petroleum Corp Limited at 309, Tata Motors at 337 and Rajesh Exports at 462.
The Global 500 list has companies from across 32 countries. This year the combined revenue of all companies amounted to $33.3 trillion and profit of $2.1 trillion. All the 500 companies in this list have accumulated 7 crore employees currently.
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