Reliance Industries has become the top-ranked Indian company to feature in the latest Fortune Global 500 list.
The oil-to-retail major has toppled state-run Indian Oil Corporation as the top-ranked Indian company.
RIL has attained a rank of 106 in the latest list, recording an improvement of 42 positions from its previous ranking.
On the other hand, IOC improved its position to 117th rank, registering a jump of 20 spots.
Other Indian companies in the Fortune Global 500 list include ONGC (160), State Bank of India (236), Tata Motors (265), Bharat Petroleum (275) and Bangalore based Rajesh Exports is at 495.
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