Reliance Industries Ltd has advanced to No.86 on the Fortune Global 500 list for 2024, up from No.88 last year and No.155 in 2021. The company reported revenues of USD 108.8 billion and a profit of USD 8.4 billion. Indian firms on the list include LIC at No.95, SBI at No.178, and Tata Motors at No.271. Walmart tops the list for the 11th year, with Amazon at No.2. The updated rankings reflect a modest growth in revenues across the global top 500. Reliance’s rise may positively impact its stock value and investor sentiment.
Reliance Industries Moves Up to No.86 on Fortune 500 List
