Released on = July 12, 2007, 4:17 am

Press Release Author = richa/newage pvt ltd

Industry = Advertising

Press Release Summary = Reliance rank in Fortune Global 269 up 75 from last year
Reliance Ranking in Fortune Global 500-2nd Indian Company- First Private Sector
Company.

Press Release Body = Corporate giant Reliance Industries advanced to the 135th and
269th places in this year's Fortune Global 500 rankings, which was topped by US
retailer Wal-Mart stores.

IOC moved up by 18 places to 135 to become the highest-ranked Indian company in
terms of sales, while RIL climbed 75 notches to 269 to become the top-ranked
private Indian entity in the list published annually by the CNN-Time Warner group
magazine Fortune. Besides, four other Indian public sector companies in the
global list have improved their rankings this year - BPCL (325), HPCL (336), ONGC
(369) and State Bank of India (495). SBI had made its debut in the list last
year.

RIL revenues in 2006 stood at $25,158.9 million, a jump of 34% over last year.
The company is also believed to among the 25 fastest climbers this year with a
ranking of 23. Last year, among the six Indian companies on the list, IOC had
held the top rank at 153rd position, followed by RIL at 342, BPCL at 368, HPCL at
378, ONGC at 402 and SBI at 498.

In terms of profits, IOC was ranked at 249 behind RIL, which stood pretty at 179.
RIL is at the 299th position in the list in terms of assets and IOC at 380 this
year.

British mobile giant Vodafone, which is ranked 95th in the list, is among the top
money losers with a loss of $10,262.3 million in 2006. Among the top 10, there
were six oil companies led by Exxon Mobil and three auto companies led by General
Motors. Japan's Toyota Motors was the only Asian firm in the top 10.



Web Site = http://newagemedia.com

Contact Details = 52,kalyandas bhavan,b/h century bazaar, prabhadevi
marg,worli,Mumbai-400025