Reliance Industries, Tata Motors Among World's 500 Largest Firms: Fortune

New York: Seven Indian companies, including Reliance Industries Ltd (RIL) and Tata Motors, are among the world's 500 largest companies, according to a list compiled by Fortune. The Indian companies on the 2015 Fortune Global 500 list, which is topped by retail giant Walmart, include Indian Oil, ranked 119th on the list with revenues of about $74 billion (Rs 4.7 lakh crore at $1 = Rs 63.5), Reliance Industries, ranked 158th with revenues of $62 billion (Rs 3.9 lakh crore), and Tata Motors, 254th with revenues of $42 billion (Rs 2.7 lakh crore). Others are State Bank of India, positioned 260th with revenues of $42 billion, Bharat Petroleum, 280th with revenues of $40 billion (Rs 2.5 lakh crore), Hindustan Petroleum, with revenues of $35 billion (Rs 2.2 lakh crore), and Oil & Natural Gas Corporation, with revenues of $26 billion (Rs 1.7 lakh crore). The world's 500 largest companies generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014. This year's Fortune Global 500 companies employ 65 million people worldwide and are represented by 36 countries. The list has been topped by Walmart, which has retained its top spot. It was followed by Chinese petroleum refining giant Sinopec Group on the second spot. Netherlands-based Royal Dutch Shell was ranked third, followed by China National Petroleum and Exxon Mobil. The US is home to 128 of the 500 global companies, including Apple, ranked 15th, JP Morgan Chase (61st), IBM (82nd), Microsoft (95th), Google (124th), Pepsi (141st), Intel (182nd) and Goldman Sachs (278th). China has close to 100 companies on the list, including Bank of China (45), China Railway Engineering (71) and China Development Bank (87). While Indian Oil, Reliance, Bharat Petroleum, Hindustan Petroleum, and ONGC slipped in rankings from the previous year, the rankings of Tata Motors and SBI improved. Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2015. Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes.

Reliance Industries, Tata Motors Among World's 500 Largest Firms: Fortune

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