Reliance Industries replaces IOC as India's largest company
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Mukesh Ambani's Reliance Industries replaced the state-owned Indian Oil Corporation (IOC) as India's largest company. IOC was country's largest company for last 10 years. As per Fortune India, Reliance Industries also became the first privately-held and the only other company to become India's largest corporation apart from IOC for the first time in 10 years, with a revenue of ₹5.81 lakh crore in 2018-19.