Friday, August 19, 2022

LIC joins Fortune 500 list, Reliance also up 51 places

LIC has managed to occupy the 98th position for the first time in the Fortune Global 500 list of top global companies for 2022. On the other hand, Reliance Industries has jumped 51 places to the 104th position. Last year, LIC’s revenue was $97.26 billion, while that of Reliance was $93.98 billion. This is a big success for Life Insurance Corporation of India, which was recently listed on the stock market. American retailer Walmart has nine Indian companies on the list, of which five are state-owned and four are privately held. All these companies have made their mark in the whole world with their business.

These are Fortune 500. Indian companies involved in
Indian Oil Corporation climbed 28 places to 142nd position, while Oil and Natural Gas Corporation climbed 16 places to 190th position. The list also has two Tata group companies – Tata Motors and Tata Steel. Tata Motors is at 370th position, while Tata Steel is at 435th position. Rajesh Exports is the second private Indian on the list at 437th position. State Bank of India climbed 17 places to 236th and Bharat Petroleum Corporation Limited climbed 19 places to 295th position.

Read More: BGMI BAN: Disappeared from Google Play and Apple App Store, did the government ban it too?

How is the ranking determined?
The Fortune Global 500 list ranks companies based on the total revenue generated in the fiscal year ended on or before March 31, 2022. The total sales of Fortune Global 500 companies have reached $37.8 trillion. This is an increase of 19 percent. Walmart has topped the list for the ninth year in a row. It is followed by Amazon, which has achieved the highest ranking ever.

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 YouTube                  Click Here
🔥 Facebook Page                  Click Here
🔥 Instagram                  Click Here
🔥 Telegram Channel                   Click Here
🔥 Google News                  Click Here
🔥 Twitter                  Click Here
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img

Most Popular

spot_img

Latest

Indian travellers will be able to make payments using the BHIM app and India’s UPI will now work in Britain.

The dominance of Master and Visa on global payment systems will now face stiff competition from India's own UPI payment system. Soon, visitors from...

Sukanya Samriddhi Yojana: The government will raise interest rates as a lottery for people who invest in PPF and Sukanya Samriddhi Yojana.

Samriddhi Yojana for Sukanya Update: There is excellent news for you if you have investments in Sukanya Samriddhi Yojana or PPF. Actually, the government...

Senior citizens’ initiative: Shantanu Naidu’s concept to sponsor Goodfellows, which will help the elderly who are lonely, will be funded by Tata.

Ratan Tata, a seasoned industrialist, has made an investment in the firm Goodfellows to combat senior citizens' loneliness. The investment amount, however, has not...

Volvo bus maker company is bringing a beautiful car, deep potholes and rough roads will not be known

Car News Desk - Volvo Car India has started taking bookings for the upcoming XC40 SUV in the Indian market. In addition, the business...

Hyundai Venue N-Line: Hyundai Venue N-Line ready for launch, its sporty look will captivate you

Hyundai Venue N-Line: Hyundai will soon introduce the Venue N-Line, a brand-new vehicle. It is the flagship product of Hyundai's N-Line range, which will...

Most Popular

LIC joins Fortune 500 list, Reliance also up 51 places

LIC has managed to occupy the 98th position for the first time in the Fortune Global 500 list of top global companies for 2022. On the other hand, Reliance Industries has jumped 51 places to the 104th position. Last year, LIC’s revenue was $97.26 billion, while that of Reliance was $93.98 billion. This is a big success for Life Insurance Corporation of India, which was recently listed on the stock market. American retailer Walmart has nine Indian companies on the list, of which five are state-owned and four are privately held. All these companies have made their mark in the whole world with their business.

These are Fortune 500. Indian companies involved in
Indian Oil Corporation climbed 28 places to 142nd position, while Oil and Natural Gas Corporation climbed 16 places to 190th position. The list also has two Tata group companies – Tata Motors and Tata Steel. Tata Motors is at 370th position, while Tata Steel is at 435th position. Rajesh Exports is the second private Indian on the list at 437th position. State Bank of India climbed 17 places to 236th and Bharat Petroleum Corporation Limited climbed 19 places to 295th position.

Read More: BGMI BAN: Disappeared from Google Play and Apple App Store, did the government ban it too?

How is the ranking determined?
The Fortune Global 500 list ranks companies based on the total revenue generated in the fiscal year ended on or before March 31, 2022. The total sales of Fortune Global 500 companies have reached $37.8 trillion. This is an increase of 19 percent. Walmart has topped the list for the ninth year in a row. It is followed by Amazon, which has achieved the highest ranking ever.

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 YouTube                  Click Here
🔥 Facebook Page                  Click Here
🔥 Instagram                  Click Here
🔥 Telegram Channel                   Click Here
🔥 Google News                  Click Here
🔥 Twitter                  Click Here
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Most Popular

spot_img

Latest

Indian travellers will be able to make payments using the BHIM app and India’s UPI will now work in Britain.

The dominance of Master and Visa on global payment systems will now face stiff competition from India's own UPI payment system. Soon, visitors from...

Sukanya Samriddhi Yojana: The government will raise interest rates as a lottery for people who invest in PPF and Sukanya Samriddhi Yojana.

Samriddhi Yojana for Sukanya Update: There is excellent news for you if you have investments in Sukanya Samriddhi Yojana or PPF. Actually, the government...

Senior citizens’ initiative: Shantanu Naidu’s concept to sponsor Goodfellows, which will help the elderly who are lonely, will be funded by Tata.

Ratan Tata, a seasoned industrialist, has made an investment in the firm Goodfellows to combat senior citizens' loneliness. The investment amount, however, has not...

Volvo bus maker company is bringing a beautiful car, deep potholes and rough roads will not be known

Car News Desk - Volvo Car India has started taking bookings for the upcoming XC40 SUV in the Indian market. In addition, the business...

Hyundai Venue N-Line: Hyundai Venue N-Line ready for launch, its sporty look will captivate you

Hyundai Venue N-Line: Hyundai will soon introduce the Venue N-Line, a brand-new vehicle. It is the flagship product of Hyundai's N-Line range, which will...

Most Popular

Subscribe

* indicates required