CURRENT AFFAIRS

Detailed explanation-1: -RIL’s rank in Fortune’s Global 500 jumped 51 spots in one year. The U.S. retail behemoth Walmart Inc. claims the top spot for the ninth consecutive year, and for the 17th time since 1995.

Detailed explanation-2: -Walmart was the top-ranking company on the list for the sixth consecutive year. Country Garden Holdings posted the greatest jump in rank – rising 176 positions on the 2019 list. Walmart reported the largest number of employees (2, 200, 000), followed by China National Petroleum (1, 382, 401) and China Post Group (935, 191).

Detailed explanation-3: -For the 16th consecutive year, Apple finishes first in our annual ranking of corporate reputation, based on a poll of some 3, 700 corporate executives, directors, and analysts. Amazon and Microsoft tied for second.

Detailed explanation-4: -In the list of Fortune Global 500 List 2022; Life Insurance Corporation of India, which is ranked at 98th position, is India’s highest-ranked company and Reliance Industries Limited (RIL) ranked at 104th position in the Fortune Global 500 List 2022.