{"id":284145,"date":"2019-07-24T06:10:00","date_gmt":"2019-07-24T06:10:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=284145"},"modified":"2019-07-24T06:10:00","modified_gmt":"2019-07-24T06:10:00","slug":"mukesh-ambanis-ril-pips-indian-oil-for-first-time-to-emerge-as-top-indian-firm-on-fortune-500-list","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mukesh-ambanis-ril-pips-indian-oil-for-first-time-to-emerge-as-top-indian-firm-on-fortune-500-list\/","title":{"rendered":"Mukesh Ambani\u2019s RIL pips Indian Oil for first time to emerge as top Indian firm on Fortune 500 list"},"content":{"rendered":"<p>Billionaire Mukesh Ambani-led Reliance Industries has toppled PSU giant IOC for the first time ever to emerge as the highest ranked Indian firm on Fortune 500 list. Until now, PSU major Indian Oil Corp (IOC) had been the top-ranked Indian company on the list since 2010, when the list was first compiled. \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. Notably, Reliance Industries\u2019 revenue has increased by 32.1% from $62.3 billion in 2018 to $82.3 billion in 2019, according to Forbes. In comparison, IOC\u2019s witnessed a 17.7% growth in revenue from $65.9 billion to $77.6 billion in the same period. \u201cOver the past 10 years, RIL\u2019s revenue rose at a compounded annual growth rate of 7.2% from $41.1 billion in 2010, while that of IOC rose at 3.64% from $54.3 billion in 2010,\u201d Fortune noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Mukesh Ambani-led Reliance Industries has toppled PSU giant IOC for the first time ever to emerge as the highest ranked Indian firm on Fortune 500 list. Until now, PSU major Indian Oil Corp (IOC) had been the top-ranked Indian company on the list since 2010, when the list was first compiled. \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. Notably, Reliance Industries\u2019 revenue has increased by 32.1% from $62.3 billion in 2018 to $82.3 billion in 2019, according to Forbes. In comparison, IOC\u2019s witnessed [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-284145","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284145","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=284145"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284145\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=284145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=284145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=284145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}