Gaining strength in the global arena, six Indian companies have made it to the elite list of Fortune Global 500 companies,
State Bank of India has become the sixth domestic firm to feature in the league. The other five are Reliance Industries Ltd, Indian Oil Corporation, Bharat Petroleum Corporation, Hindustan Petroleum Corporation Ltd and Oil and Natural Gas Corp.
Among the six Indian companies on the list, IOC holds the top rank at 153rd position, followed by RIL at 342nd rank, BPCL at 368, HPCL at 378th, ONGC at 402nd and the new entry SBI has been placed at 498th rank.
Paris holds the second position with 27 companies, while New York is at third position with 24 companies, followed by London at fourth rank with 23 companies and Beijing at fifth position with 15 Fortune Global 500 firms.