The business magazine Fortune’s Indian edition released its annual list of Fortune 500 Indian companies for 2012, on second week of December 2013.
Indian Oil Corporation was the biggest company with annual revenue of 420287 crore rupees and followed by the Mukesh Ambani‘s Reliance Industries with annual revenue of 367539 crore rupees.
Bharat Petroleum Corporation at the third place and Hindustan Petroleum at the fourth place. Other entities are State Bank of India (5th), Tata Motors (6th), ONGC (7th), Tata Steel (8th), Essar Oil (9th) and Coal India (10th).
There are a total of six state run companies in the top-ten positions and four from the private sector. The three firms IOC, RIL and BPCL had retained their previous year’s respective ranks.
About Fortune India 500
• The Fortune India 500 list published annually by Fortune’s magazine Indian edition.
• The Fortune India 500 list ranks publicly traded company on the basis of annual revenue of a company.
What: Fortune India 500 list
When: Second week of December