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The Fortune India 500 is a ranking of the top 500 corporations in India compiled on the basis of latest sales and gross revenue figures. The list is published annually by Fortune magazine.[2] Fortune India is Fortune's sixth international edition following local editions for China, Turkey, Korea, Indonesia as well as a special edition for Greece.[3][4]
Fortune India is published monthly in English, through a licence agreement between Time Inc., the publisher of Fortune (US) and Kolkata-based ABP Group, one of India's largest media companies.[5][6] The first issue of Fortune India was published in September 2010 with Dibyendra Nath Mukerjea as the editor and Pavan Varshnei as the president.[7][8] In October 2011, the publication celebrated its first anniversary with a double issue.[9]
The Fortune India 500 list ranks publicly traded companies by their annual audited total income for the financial year ending on or before 30 June. The list has been published in its current form since 2010, and also includes financial corporations and service providers, leading by revenue.[10]