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Fortune 500

Microsoft works to add non-OpenAI models into 365 Copilot products

It is the latest effort by Microsoft, which is a major backer of OpenAI, to lessen its dependence on the AI startup - a departure from recent years when Microsoft touted its early access

Updated On : 24 Dec 2024 | 11:00 AM IST

70% of Fortune 500 firms will expand reach to India by 2030: Report

The report further added that the number of GCCs is expected to reach 2,100-2,200 in 2030 from the current over 1,700

Updated On : 11 Sep 2024 | 11:26 PM IST

India's GCC boom: Fortune 500, mid-sized firms expand with new operations

In the past eight months, several mid-sized GCCs with 1,000-2,000 employees have launched in India, joining larger firms with 10,000-15,000 staff handling diverse functions

Updated On : 09 Sep 2024 | 11:45 AM IST

Reliance Industries jumps two places on Fortune's Global 500 list

Oil-to-telecom-to-retail conglomerate Reliance Industries Ltd continues to be the highest-ranked Indian firm on the Fortune Global 500 list, jumping two places to be ranked at No.86 in the 2024 ranking. The firm was placed at No.88 in last year's ranking and has gained a whopping 69 places in the last three years - from being placed at No.155 in 2021 to being at No.86 in 2024. Releasing the 2024 list, Fortune on its website said Reliance has been on the 500 list for 21 years now. It had revenues of USD 108.8 billion and a profit of USD 8.4 billion last year. The 2024 ranking has nine Indian firms, five of them from the public sector. Insurance behemoth Life Insurance Corporation of India (LIC) jumped 12 places to be ranked at No.95 on the 2024 list while state-owned Indian Oil Corporation (IOC) slid 22 places to 116. State Bank of India (SBI) soared 57 spots to rank at No.178. Oil and Natural Gas Corporation (ONGC) and Bharat Petroleum Corporation Ltd (BPCL) were ranked at No.180

Updated On : 05 Aug 2024 | 8:25 PM IST

Only 1.6% of cos listed on Fortune India 500 have women at helm: Study

A mere 1.6 per cent of companies listed on the Fortune India 500 have women at the helm, while the figures stand at 5 per cent for the Fortune India Next 500, according to a study. The study -- 'Enhancing Women Leadership in India Inc' -- conducted jointly by Fortune India and SP Jain Institute of Management and Research sheds light on the persistent gender gap in leadership roles within Indian industries. Supported by the Women and Child Development Ministry and Bill and Melinda Gates Foundation, the study engaged 130 industry leaders, with a representation of 54 per cent female and 46 per cent male CEOs, in 16 roundtable discussions across Delhi-NCR, Mumbai, Kolkata, and Bengaluru. Additionally, a survey questionnaire was distributed to Fortune 500 companies for their insights. Women and Child Development Minister Smriti Irani unveiled the findings of the study on Monday. A key finding of this study is the industry leaders' recognition of the government's decade-long efforts to

Updated On : 05 Mar 2024 | 6:37 PM IST

Accenture: History of a Fortune500 firm that's laying off 2.5% of its staff

The world's largest consulting firm by head count in 2022 acquired its present name when it extricated itself from parent Arthur Andersen

Updated On : 24 Mar 2023 | 9:07 PM IST

Global wealth, Indian business

Comparing India and China's Fortune 500 performance may not be entirely fair, but it offers some thought-provoking facts at a time when India is flaunted as the only decent economic game in town

Updated On : 11 Jan 2023 | 11:09 PM IST

Gatik's driverless B2B delivery service gains pace in US and Canada

The middle-mile segment, unlike long-haul transport or last-mile delivery to an end consumer, involves business-to-business (B2B) operations, mostly from a warehousing location to a retail centre

Updated On : 08 Nov 2022 | 8:28 PM IST

Hackers hit Fortune 500 service provider, data of over 500K people leaked

Morley Companies that provides services to several Fortune 500 companies, has admitted it was hit with a ransomware attack

Updated On : 06 Feb 2022 | 12:33 PM IST

Reliance slips 59 places on Fortune list, SBI jumps 16 notches

Billionaire Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries Ltd slipped 59 places to rank 155th on the 2021 Fortune Global 500 list released on Monday.

Updated On : 02 Aug 2021 | 11:43 PM IST

Just 1 % of Fortune 500 companies led by Black chief executives: WEF

Just one per cent of Fortune 500 companies are led by Black chief executives, Managing Director at the World Economic Forum (WEF), Saadia Zahidi said

Updated On : 03 Mar 2021 | 12:03 PM IST

Reliance jumps 10 places, breaks into Fortune's top 100 global companies

The oil-to-telecom conglomerate is ranked 96th in the 2020 ranking released by Fortune

Updated On : 12 Aug 2020 | 1:22 AM IST

Why debit, credit cardholders should remain beware of Joker's Stash

The darknet or darkweb is parallel to the internet but provides users with anonymity, which is often exploited for criminal activities

Updated On : 08 Nov 2019 | 1:15 AM IST

Adobe CEO Shantanu Narayen in Fortune Business Person of the Year list

In choosing Fortune's Business person of the Year, the publication weighs 10 financial metrics including 12-month and 36-month increases in profits and revenue