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December 2023

Fortune India 500 India's Largest Companies

Our Special Issue this month is Fortune’s flagship offering globally — the 500 largest companies. This year’s Fortune 500 India list provides evidence that Covid is well and truly behind us and India Inc.’s belt tight-ening during the preceding slowdown has now set it up for a new phase of growth and expansion. V. Keshavdev’s lead story unravels an unprecedented revenue growth in the ‘`1 lakh crore club’.A record nine companies (three PSUs and six private companies) entered the ‘`1 lakh crore club’, taking the total count to 30 — a 4x growth since 2010. The good news is that records are not just tumbling in topline, but bottomline as well. The `10.93 lakh crore net proἀt of Fortune 500 India companies is not just the highest ever, it has also grown 3x since 2010. All this bodes well for the future of corporate India as it gives companies the foundation to grow exponentially from here on. In other stories in the issue read how the big are getting bigger as the largest companies unleash a wave of organic and inorganic growth; how ἀve new-age ἀrms have made a place for themselves in the league of India’s 500 largest companies; and who’s rocking in ESG & CSR mandates, who’s struggling. Happy reading!

All Magazine Stories - December 2023 Issue

NBFC Wave & Red Flags

3 min read
NBFC Wave & Red Flags
New Businesses Turn The Tide At 
Adani Group
6 min read
Big Get Bigger
8 min read
The Brief: New Appetite For Luxury Homes
3 min read
NBFCs Add Risk To Slowing Economy
7 min read
Catching The NBFC Wave
11 min read
The Conversation: Stefan Borgas, CEO of RHI Magnesita
Clean Energy Powers Up NTPC
5 min read
New-age Firms In Big League
7 min read
IndiGo Takes Flight To Recovery
5 min read
OMCs Face Crude Shocks
6 min read
Samvardhana's Bet On Premium Products, EVs Pays Off
High-End JLR SUVs Drive Tata Motors' Profit
6 min read
Reforms Drive UP Power Corp’s Biz Agenda
5 min read
Eye On Future, RIL Builds On Growth
6 min read
The ‘Giving’ Conundrum
8 min read
The Great India Power Challenge
4 min read
Big Firms Pass ESG Test...
7 min read
Rise Of The ₹1-Lakh Crore Club
13 min read
$20 Billion Lock-in Shares To Hit Market By March ‘24: Is There Appetite?
Regional Brands Storm FMCG Fortress
7 min read