Mukesh Ambani: Reliance Jio ranked world's top firm on Fortune's 'Change The World' list


Richest Indian Mukesh Ambani's telecom unit Reliance Jio has been ranked as the top company globally on Fortune's 'Change The World' list that ranked companies using the profit motive to help the planet and tackle social problems.

Jio is ranked ahead of pharma giant Merck and Bank of America, according to Fortune list released today.

Chinese group Alibaba is ranked 5th on the list that has food and drug stores Kroger at number six, industrial machinery firm ABB at number 8 and network and communications giant Hughes Network System at number 10.

ALSO READ: Reliance Jio remains top vendor of feature phones in India in Q2 2018: IDC

"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.

Jio stormed the sector with free calls and data forcing rivals to merge or exit in September 2016 and has amassed 215 million subscribers since then and says it is profitable.

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