Reliance, Ola, Rajesh Exports to make batteries under ₹18,100 cr PLI scheme
A total of 10 bids were received from companies with manufacturing capacity of 128 gigawatt hours (GWh) under the battery PLI scheme.
A total of 10 bids were received from companies with manufacturing capacity of 128 gigawatt hours (GWh) under the battery PLI scheme.
ICICI Bank, L&T make it to top 10; oil and gas companies dominate.
Ranked 106, Reliance Industries has replaced IOC (117) as the top-ranked Indian company on the 2019 list. RIL’s revenue soared 32.1% from $62.3 billion in 2018 to $82.3 billion in 2019.
The profitability of the Fortune India 500 companies declined 10.2% in FY18; despite that, the firms on the list were generous enough to raise total salaries by 10.2%.
Editor’s letter from the Dec. 2018 - Mar. 2019 special issue