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7 Indian companies among World’s largest companies: Fortune Magazine

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Seven Indian companies are among the world’s 500 largest companies, according to a list compiled by Fortune Magazine that has been topped by Walmart.

They are

  • Indian Oil: ranked 119th on the list with revenues of about USD 74 billion.
  • Reliance Industries: ranked 158th on the list with revenues of about USD 62 billion.
  • Tata Motors: ranked 254th on the list with revenues of about USD 42 billion.
  • State Bank of India: ranked 260th on the list with revenues of about USD 42 billion.
  • Bharat Petroleum: ranked 280th on the list with revenues of about USD 40 billion.
  • Hindustan Petroleum: ranked 327th on the list with revenues of about USD 35 billion.
  • Oil and Natural Gas: ranked 449th on the list with revenues of about USD 26 billion.

The world’s 500 largest companies generated USD 31.2 trillion in revenues and USD 1.7 trillion in profits in 2014.

This year’s Fortune Global 500 employ 65 million people worldwide and are represented by 36 countries.

Top5:  The list has been topped by Walmart of US, it is followed by Chinese petroleum refining giant Sinopec Group on the 2nd position, Netherland’s based Royal Dutch Shell on the 3rd position, China National Petroleum on 4th position and Exxon Mobil of US on 5th position.

United States: US is home to 128 of the 500 global companies, including Apple (15), JP Morgan Chase (61), IBM (82), Microsoft (95), Google (124), Pepsi (141), Intel (182) and Goldman Sachs (278).

China: It has close to 100 companies on the list, including Bank of China (45), China Railway Engineering (71) and China Development Bank (87).

About Fortune 500 Global companies list:

  • It is an annual ranking of the World’s wealthiest companies, compiled by the American business magazine Fortune and published by Time Inc.
  • While Indian Oil, reliance, Bharat Petroleum, Hindustan Petroleum and Oil and Natural Gas slipped in rankings from the previous year, Tata Motors and SBI improved in rankings.
  • Companies are ranked by total revenues for their respective fiscal years ended on are before March 31, 2015.

Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes