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Fortune Global 500 companies of year 2022: LIC forays for first time in the list

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The Fortune Global 500 list of year 2022 has included 9 Indian public and private companies. Life Insurance Corporation (LIC) of India added for the first time in the list after being listed on Indian stock exchanges in May 2022.

It has been ranked at 98th position, with revenue worth USD 97,266.7 million. Other countries in the 2022 Fortune 500 list include

  • Reliance Industries Ltd. at 104th position, with USD 93,982 million revenue in 2021-22.
  • US’s Walmart Inc. claims the first position, for the ninth consecutive year. It has maintained the first position for 17th time, since 1995.
  • Saudi Arabia’s Saudi Aramco is at 6th 

Indian Companies in the list include;

  • Indian Oil Corporation Ltd. (IOCL) at 142nd
  • Oil and Natural Gas Corporation (ONGC) at 190th
  • State Bank of India (SBI) at 236th
  • Bharat Petroleum Corporation Ltd (BPCL) at 295th

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