Mukesh Ambani-led Reliance Industries (RIL) has jumped 42 places to become the highest-ranking Indian firm on the Fortune Global 500 list.<\/p>\n
State-owned Indian Oil Corp (IOC) had been the top-ranked Indian company on the list and was first on the Fortune India 500 list which was started in 2010.<\/p>\n
\u201cThis year, ranked 106, Reliance Industries (RIL) has replaced IOC (117) as the top-ranked Indian company on the Global 500 list,\u201d Fortune said.<\/p>\n
RIL\u2019s revenue soared 32.1 per cent from $62.3 billion in 2018 to$82.3 billion in 2019. In comparison, IOC clocked a 17.7 per cent growth in revenue from $65.9 billion to $77.6 billion.<\/p>\n
\u201cOver the past 10 years, RIL\u2019s revenue rose at a compounded annual growth rate of 7.2 per cent from $41.1 billion in 2010, while that of IOC rose at 3.64 per cent from $54.3 billion in 2010,\u201d it said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mukesh Ambani-led Reliance Industries (RIL) has jumped 42 places to become the highest-ranking Indian firm on the Fortune Global 500 list. State-owned Indian Oil Corp (IOC) had been the top-ranked Indian company on the list and was first on the Fortune India 500 list which was started in 2010. \u201cThis year, ranked 106, Reliance Industries (RIL) has replaced IOC (117) as the top-ranked Indian company on the Global 500 list,\u201d Fortune said. RIL\u2019s revenue soared 32.1 per cent from $62.3 billion in 2018 to$82.3 billion in 2019. In comparison, IOC clocked a 17.7 per cent growth in revenue from $65.9 […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-284131","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=284131"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284131\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=284131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=284131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=284131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}