Forbes’ Global 2000 List: Reliance Rises by 8th Positions to attaining 45th Rank
Reliance 8th Position: In the published Fobes Magazine, the Reliance industry had rose to 45th ranked out of the Global of 2000 list ranking the Mukesh Ambani richest Indian in the country.
Reliance 8th Position
Reliance 8th Position-About the Report
In this report, many companies had listed in it Axis Bank at 423, NTPC at 433, Larsen & Toubro at 449, Bharti Airtel at 478, Kotak Mahindra Bank at 502, Indian Oil Corporation at 540, Infosys at 554, Bank of Baroda at 586, Coal India at 591, Tata Steel at 592, Hindalco at 660, and Vedanta at 687. While ranking the Reliance industry in 1st ranked India company in it, surpassing several well-known companies including Germany’s BMW Group, Switzerland’s Nestle, Alibaba Group from China, Procter & Gamble from the US, and Sony from Japan. The report is based on 4 metrics which include sales, profits, assets, and market value, in which JPMorgon ranking 1st in world
Reliance 8th Position-Conclusion
With the addition of a new company of India, compared to the previous year, the report showcased India’s increasing capability in the world economy. With the addition of three companies from the Adani Group – Adani Enterprises at 1062, Adani Power at 1488, and Adani Ports & Special Economic Zones at 1598. also show group capability to pull back even previously faced criticism from a U.S short-seller earlier this year.
When was Fobes introduced ?
Forbes is a renowned American business magazine that was founded on September 15, 1917, by B.C. Forbes and Walter Drey.
When was Reliance ranked in Forbes recently ?
Reliance industry had ranked 45th ranked out of the Global of 2000 list ranking
