In pictures: These seven Indian firms are on Fortune 500 biggest corporations list

SUMMARY

Seven Indian companies have made it to the Fortune Global 500 list of the world’s biggest corporations in terms of revenue, with billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) holding the top spot among the Indian companies. RIL emerged as the top-ranking Indian company after improving its ranking to 106 from previous year’s 148. The Mumbai-based conglomerate also toppled the state-run Indian Oil Corporation (IOC) as the top Indian firm.

By Pradeep Suresh Jul 25, 2019 12:54:19 PM IST (Published)

RIL emerged as the top-ranking Indian company after improving its ranking to 106 from previous year’s 148. The Mumbai-based conglomerate also toppled the state-run Indian Oil Corporation (IOC) as the top Indian firm. (REUTERS/Amit Dave/Files)

Indian Oil Corporation (IOC) stood second with a ranking of 117, an improvement from previous year's 137. The state-owned firm locked a 17.7 percent growth in revenue from $65.9 billion to $77.6 billion. (REUTERS/Adnan Abidi)

ONGC, aPublic Sector Undertaking(PSU) under the administrative control of theMinistry of Petroleum and Natural Gas secured 160th position in the list. The company saw its revenue grow by 19.9 percent to over $61 billion.

Public sector bank SBI secured 236th position in the list. The bank saw a 20 point fall in position as its revenue fell to $ 47.2 billion.

Auto makerTata Motors saw it's ranking fall by 33 points to 265th position. The auto giant also saw its revenue fall by 5 percent to $43.5 billion. REUTERS/Amit Dave/Files

Bharat Petroleum Corporation Limited(BPCL), aGovernment of IndiacontrolledMaharatna secured 275th position in the rankings. The company’s position rose by 39 points owing to the 16.5 percent growth in revenue.. REUTERS/Punit Paranjpe/File Photo

Banglore based Rajesh Exports is a gold retailer which refines, designs, and sells gold and jewellery. The firm is 495th in the list, even after its revenue fell by 13.7 percent. (Wikimedia Commons)