61st edition of Fortune 500 list released; 7 Indian companies in the list

Jul 23, 2015 15:15 IST

61st edition of the Fortune 500 list for the year 2015 was released on 22 July 2015. In 2015, Fortune 500 companies account for 12.5 trillion US dollars in revenue, 945 billion US dollars in profit and 17 trillion US dollars in market value and employ around 26.8 million people worldwide.

The list has been topped by retail giant Walmart and is followed by petroleum refining giants Exxon Mobil and Chevron at 2nd and 3rd place. Warren Buffet’s Berkshire Hathaway comes at 4th place followed by Apple Inc at 5th place.

Companies have been ranked by total revenues for their respective fiscal years ended on or before 31 March 2015. Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes.

Indian companies in the Fortune 500 list

In 2015 Fortune 500 companies list, 7 Indian companies finds the mention. The list is topped by Indian Oil at 119th rank with revenues of 74 billion US dollars and is followed by Reliance Industries, Tata Motors, State Bank of India, Bharat Petroleum, Hindustan Petroleum, and Oil and Natural Gas Corporation (ONGC).

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Who: 2015 Fortune 500 companies list

What: Released

When: 22 July 2015

Is this article important for exams ? Yes41 People Agreed

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