Current Affairs - Business - Discussion

Reliance Industries Limited (RIL) advanced two positions to secure the 86th spot in the 2024 Fortune Global 500 list. This achievement marks the highest ranking ever attained by the conglomerate, reflecting its robust performance and strategic growth across various sectors. For the 21st consecutive year, RIL remains the highest-ranked Indian corporation in the list, highlighting its significant impact on both the Indian and global economies. The ranking is based on total revenues, with RIL reporting record-high consolidated revenues and a substantial rise in EBITDA for FY24.