Correct Answer : Option (B) - LIC
Nine Indian public and private companies have made it to the prestigious 2022 Fortune Global 500 list, with insurance behemoth Life Insurance Corporation (LIC) of India ranking 98th on the list with revenue worth $97,266.7 million ($97.2 billion), up 2.6% YoY, in 2021-22. The company broke into the list this year after it was listed on domestic stock exchanges in May this year.
India's largest private business conglomerate Reliance Industries Ltd. has been ranked 104th, with $93,982 million ($93.9 billion) in revenue in 2021-22, up 49.4% from the year 2020-21. RIL's rank in Fortune's Global 500 jumped 51 spots in one year.Source : Fortuneindia
Published On : August 4, 2022
Category : Business and Economics