Reliance Jio tops Fortune ‘Change The World’ list

Reliance Industries Ltd (RIL) Chairman Mukesh Ambani. (File Photo: IANS)

August 20, 2018

New Delhi: Mukesh Ambani-led Reliance Jio has been ranked the top company globally in the Fortune’s fourth annual “Change The World” list released on Monday.

The list ranked companies as per their profit motive to help the planet and tackle social problems.

“If access to the Internet is a basic human right — and the United Nations declared it one in the summer of 2016 — then Reliance Jio deserves more credit than most for expanding access to it,” Fortune said.

“It has since (its inception) issued a super-low cost smartphone and is rolling out fixed broadband service as well. Reliance Jio, which says it’s profitable, has amassed 215 million subscribers in just 22 months,” it added.

It was followed by the global pharmaceutical major Merck at the second position.

Among other companies on the list, Bank of America ranked third and the China-based Alibaba Group ranked fifth.

“In 2007, even as the financial crisis began taking huge bites out of its balance sheet, Bank of America committed to lending, investing and otherwise raising $20 billion for low-carbon and sustainable business,” Fortune said.

Regarding the Alibaba Group, it said: “Alibaba wants to drive money into rural China in a fairly literal way. Its popular maps service, Auto-Navi, launched a ‘poverty alleviation map’ feature in Henan province this year, designed to entice day-trippers into remote countryside towns.”

“It (Alibaba) flags what facilities are available, helping local restaurants, gas stations and shops draw customers and develop an online presence.” (IANS)

Popular Indo-Canadian TikToker dies ‘unexpectedly’ at 21

Toronto, Dec 3 (IANS) Indo-Canadian TikToker Megha Thakur, known for spreading messages of body positivity and self-confidence, passed away "suddenly" and "unexpectedly" last week, an Instagram post by her parents said....

BJP slams Cong for abusing PM Modi

New Delhi: Bharatiya Janata Party (BJP) has slammed the Congress for abusing Prime Minister Narendra Modi. Taking potshots at the Congress, party's National spokesperson Sambit Patra on Saturday said that Congress...

British-Indian honoured with OBE for healthcare services

London: Indian-origin Mohan Mansigani has received Officer of the Most Excellent Order of the British Empire in recognition of his charitable services to healthcare at an investiture in Buckingham Palace. Mansigani...

AIIMS hacking: Chinese involvement suspected; four more servers were on target

New Delhi, Dec 2 (IANS) Chinese involvement is suspected in the hacking of the server of All India Institute of Medical Sciences (AIIMS) here, a top source said on Friday, adding...

Imran may get arrested before next general elections: Asif Ali Zardari

Islamabad: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan may get arrested before the next general elections in the Toshakhana case, former president Asif Ali Zardari has claimed, local media reported. On...

Drone with 5.60 kg heroin seized along India-Pak border

Chandigarh: Punjab Police on Friday foiled a major drug smuggling bid by Pakistan-based smugglers with the recovery of five packets of heroin, weighing 5.60 kg, along with a hexacopter drone,...

Nora Fatehi joins ED probe in Rs 200 cr money laundering case

New Delhi : Bollywood actress Nora Fatehi on Friday joined the probe of Enforcement Directorate (ED) in the Rs 200 crore money laundering case involving multimillionaire conman Sukesh Chandrasekhar and...

Gen Munir’s surprise pick to lead Pak army’s media wing

Islamabad: Just two days after taking command, Pakistan's Chief of Army Staff (COAS) General Asim Munir made his first major reshuffle, with a surprise pick from the corps of Electrical...

Canadian Sikhs reach out to drivers stranded in snowstorm

Toronto: Volunteers with a Sikh gurdwara in Canada stepped in with food, hot tea and shelter when heavy snow led to blocked bridges and highways around Vancouver leaving many drivers stranded...

Universities in Kerala are soft targets: Guv Arif Mohammed Khan

Thiruvananthapuram: After a lull, Governor Arif Mohammed Khan again on Thursday attacked Pinarayi Vijayan-led Kerala government, saying that universities in Kerala are soft targets. "What a shame, universities in Kerala...

Cyber attackers briefly hack Jal Shakti Ministry’s Twitter handle

New Delhi: Cyber attackers on Thursday briefly hacked the Ministry of Jal Shakti's Twitter handle. This is the second major cyber attack on a government site after AIIMS Delhi's server was...

1971 Dhaka debacle was ‘military failure’, says Bilawal Bhutto

Islamabad: Exactly a week after former Pakistan Army Gen Qamar Javed Bajwa referred to the East Pakistan loss as a "political failure", Foreign Minister Bilawal Bhutto-Zardari in a thinly-veiled rejection of...

Read Previous

Nation– Disturbing trends in country can hurt national interests: Manmohan

Read Next

Asiad 2018: Shooters Saurabh, Abhishek in Men’s 10m Air Pistol final

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com