IOC ranked No.1 on India’s Fortune 500 list

According to the latest annual list of Fortune 500 companies in India published by business magazine Fortune, state-run Indian Oil Corp (IOC) is country’s biggest company in terms of annual revenue, followed by Mukesh Ambani-led private sector giant Reliance Industries at the second place.

Indian Oil Corp (IOC) was the biggest with annual revenue of Rs 4,75,867 crore, followed by Reliance Industries (RIL) with a full-year revenue of Rs 4,09,883 crore. This is followed by Bharat Petroleum (Rs 2,44,822 crore) at the third place and Hindustan Petroleum (Rs 2,17,771 crore) at fourth.

As per Fortune 500, India Top 10 Companies are:

Rank

Company

 1. Indian Oil Corporation (IOC)
 2. Reliance Industries Limited (RIL)
 3. Bharat Petroleum
 4. Hindustan Petroleum
 5. State Bank of India
 6. Tata Motors
 7. ONGC
 8. Tata Steel
 9. Essar Oil
 10. Coal India

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Categories: Business & Economy Current Affairs 2017

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