IndianOil in top ten companies in the Forbes Annual List of World's largest and most powerful Public Companies
New Delhi   27-May-2016

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Mukesh Ambani-led Reliance Industries leads the pack of 56 Indian firms in Forbes's annual list of the world's 2,000 largest and most powerful public companies, with the US leading the list with 586 companies.

WHO FEATURE IN THE LIST
The 2016 list features public companies from 63 countries that together account for $35 trillion in revenue, $2.4 trillion in profit, $162 trillion of assets, and have a combined market value of $44 trillion.

STATUS QUO FOR INDIA
India's tally of 56 remains the same as last year and Reliance Industries maintains its top position of leading the largest public companies in India.

US, CHINA DOMINATE
US and China-based companies dominate the top 10, with only Japan's Toyota Motor at the 10th tenth position.

Reliance improved its ranking this year to 121 from 142 last year, with a market value of $50.6 billion and assets worth $91.5 billion.

State Bank of India is ranked 149 and has a $23.3 billion market value.

Featured in Indian Express on May 27, 2016