News Highlights

  • Globally, Apple has been ranked the most valuable company

Wipro, HCL Technologies and Asian Paints were the new Indian entrants among the top 500 companies in the world, as per the latest Hurun Global 500 list.

A total of 12 Indian companies featured in the list, which saw India rise above Australia to the ninth position. The Hurun Global 500 list is led by the US (243), followed by China (47), Japan (30) and the UK (24).

Of the Indian companies, 8 are from Mumbai, 2 Bengaluru and one in each of Noida and New Delhi.

With $188 billion, Reliance Industries (RIL) is the most valuable company, followed by Tata Consultancy Services ($164 billion) and HDFC Bank ($113 billion) from India.

The positions of many Indian companies, including Tata Consultancy Services (TCS), HDFC Bank and Bharti Airtel, saw a decline compared to the last year.

Globally, Apple was ranked the most valuable company, up 15 per cent to $2.4 trillion.

The 'Big 4' -- Apple, Microsoft, Amazon and Alphabet -- doubled in value since Covid, adding $4 trillion to take their combined value to $8 trillion, and making up 14 per cent of Hurun Global 500 Most Valuable Companies.