cover-image
December 2024

Fortune 500 India's Largest Companies

Fortune 500 India: The iconic Fortune 500 India listing of the country’s biggest companies — now in its 15thedition — is always a barometer of scale. Of size that never fails to amaze.. Over the years, this list has demonstrated the ups and downs of India Inc, the challenges faced by companies in the wake of policy changes, and the way forward for the economy. The FI500 has always been a mix of stories of success and failure, challenges and opportunities, and it’s no different this time. Amid a challenging macro, Fortune 500 India companies have created a record of sorts both in terms of total income and profits. The figures tell the story, and many records have been broken this year. The cumulative profit pool grew by a smart 27.5% year-on-year to touch an all-time high of nearly `14 lakh crore, even as cumulative revenue of the Fortune500 India this year rose toa record `157 lakh crore. That’s some showing in a VUCA—volatility, uncertainty, complexity and ambiguity—world. This year’s list once again has Reliance Industries at No.1, but there’s a change at the second spot, with Life Insurance Corp. toppling Indian Oil Corp. to bag the No.2 slot. Indian Oil and ONGC take the No.3 and No.4 positions, while State Bank of India enters the Top 5 this year, displacing Bharat Petroleum, which drops to No.6. Given the global headwinds, the current fiscal promises to be an equally eventful one for India Inc. and will test its resilience to the hilt.

All Magazine Stories - December 2024 Issue

Fortune 500 India: When The Going Gets Tough…
9 min read
The inside story of ArcelorMittal/Nippon Steel's big India plans
The Brief: Adani Group At A Crossroads
6 min read
COP29 Deal Disappointment
4 min read
Reliance-Disney-Star merger: Why JioStar faces a tough climb
How Zepto, Swiggy, and Zomato are driving disruption
In Conversation: Online will never fully replace omnichannel, says Kohler
India Inc.’s challenge: Creating quality jobs amid informal work dominance
Fortune 500 India: Top firms fuel India’s export engine
Fortune 500 India: FMCG giants race to catch up in the D2C game
Fortune 500 India: LIC's digital push, rising assets, health insurance foray
Fortune 500 India: RIL shapes green, digital, and consumer-centric future
Fortune 500 India: PSU juggernaut rolls on amid 'Atmanirbhar' push
Fortune 500 India: Tata Steel scripts stunning recovery
Fortune 500 India: SBI cements its legacy
6 min read
Fortune 500 India: Indian steelmakers struggle as cheap imports surge
Fortune 500 India: Dr. Shetty's Aditi insurance plan targets lower-middle class
Fortune 500 India: IOC aims for $1 trillion valuation by 2047