Seven Indian companies have made it to the Fortune 500 list of the world’s biggest corporations in terms of revenue with the retail giant Walmart topping the global rankings.
Indian Oil Corp is ranked highest at 161st among Indian firms, ONGC has moved out of the rankings for 2016. Private gems and jewellery major Rajesh Exports has made its debut at 423rd position.
Reliance Industries is the top-ranked among three private sector Indian firms in the list, followed by Tata Motors and Rajesh Exports. SBI, BPCl and HPCl too are on the list.