Correct Option: C

The FE 500 listing was compiled from largely published balance sheets of companies, which closed their last financial year between April 1, 2006 and March 31, 2007. Indian Oil was the highest ranked Indian company in the Fortune ‘Global 500’ listing, having moved up 18 places to the 135th position in 2007 based on its fiscal 2006 performance. It was the 20th largest petroleum company in the world.