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Building loyalty through the stomach Banning booze... Multi-faceted Venkat Convulsions in The Hindu Quality education through the PPP mode Should we change the official year? Gay abandon in pricing More heat than light He saved millions from starvation... TGS- The king storyteller The sea- saw battle continues... Not just in-laws (and outlaws); they’ve renowned academics at the helm! For whom the MIDS bell tolls? When nations steal growth from one another… Lesson from Chandrababu Naidu A rich pool of talent not utilised…. L&T: focus on infrastructure and more infrastructure… Reliance’s TV – 18 ready to launch Tamil News Channel Lalu’s envy, India’s pride L&T- the specialty of special purpose vehicles Intellectual of rare qualities CRS, a jewel among managers, is no more. Streamlining mandatory third party cover Of course, Gujarat is vibrant Infrastructure funding – lessons learnt Increasing non co-operation of state leaders A yen for wastage… Music happens Tatas moving out of urea production... Gas is the way forward No engine for this car Build close rapport with business leaders A more liberated TN… Rahman at CIC Waning interest in public discussions… Land reclamation from sea appears cheaper! The why of tax incentives Moily’s bold thrust S V Raju – a ‘good’ true liberal New IT products of Ramco in the pipeline… Naidu’s return augurs well for Seemandhra Russi Mody – a tribute Cutting the nose to spite the face Airlines in India: cost and space Online not in line with brick and mortar businesses... When TN politicians can emulate Kerala's When online building permits work…. Wise Presidents When Ratan Tata visited SRM Solar, solar everywhere … The nuclear option Inflation: are we emulating Argentina and Brazil? Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Discoms deserve better… Whistle-Stop Tour of Raghuram Rajan Why land prices zoom in TN? Welcome GST Adharma of opposition politics Tribute Tribute – M V Murugappan WTO Meet: resolved to meet again GM Technology at last! Delhi returns to BJP MHC should not return to its old indisciplined ways Liberal imports idling indigenous capacities Dr C Rangarajan returns to Chennai R Sridhar steps down as CEO of Shriram Capital Sweeter prospects for sugar Boy, can you beat these? Permanent secretariat for TN GIM Editor's Says EEC at the National Media Centre A Grand Finale for SN’s MS centenary at the US… A C Muthiah – his munificent bequeaths to science Focus on quality of power - its only around 170-180V The ‘Jayanthi Tax.’ A think tank for Chennai No Maha Koottani in TN... Rs.1600 crore paper board plant of TNPL EVM is tamper-proof Which side are you, Montek? Put expensive assets created to use... Make standards certification mandatory... TN accounts for the largest recruits by the IT sector Shipping woes of Chennai companies F C Kohli - his concerns all embracing Delhi is distant… More Shakthi to Das’ elbow Secularism and anti-Hinduism A friendly business group IPL - no surprise this scam CIPET hqrs to stay at Guindy – for the present? Maximising the micro pricing … A professional at the helm of IRDA... Adapt Vajpayee dinner diplomacy Kudos to NDTV... Tatas moving out of urea production... Solar thermal shines… Come elections, come advertisements... Cleaning Ganga – relocate tanneries and install electric crematoria More tributes to GR More Shakti to resource mobilisation... CII projects higher growth… Computation of GDP – conundrums continue Eternal support for capitalisation of PS banks Funding the un-funded Kulandai was a giant Pharma – overdose of copying Towards speedy justice TIAM turns a full cycle Fall in crude prices help in oil sector reform Muffled voices for merit… Roaring Ro-Ro facility S Ramanathan – a versatile musician, musicologist Breaththrough in malaria control Insurance companies bleeding, yet no decision on increasing FDI limit! The ‘Ayyo-yes’ is no more Contrarian cousins Noble nonagenarians... Measuring roof tops in terms of KW/MW TN – agglomerate land holdings without alienating ownership Delhi Chalo... Align crops to agro climate endowments… Like Hinduism: many paths to reach God... Things happen by accident and not by design... Silver Years of Madras Musings Tihar, Puzhal not different from Parappana Agrahara IAS invades NDDB... There was flood of milk. Reason: no milk commissioner! Where a state respects its litterateurs… Kinetic Karnataka Odisha: spectacular win by Naveen Patnaik Small units prefers to remain small... Poor representation for Kerala and TN in Cabinet Delhi is distant Mersal magnified When small is no larger beautiful.. Medical costs hit the roof... Sri Lanka votes for change How Air-India loses customs... Tax agriculture Polls and promises The rise and rise of KCP Excel Generators provide the vital back-up The power-full Hindujas Mu Sigma – is no more The Ports’ Pasha expands into Tamil Nadu The Gulf aviation boom Editor's Notes An inexplicable neglect Another Indian music maestro at the UN A glass full of corruption Parliament in paralysis... Revive development banks... Alexa – Talking Wikipedia Poor quality of university VCs Don’t seem to feel the pulse… ONGC at KG Basin London, London Narayan IPL type auction for VCs? China invests in India Bihar elections - the Rajaji formula worked Revving up the manufacturing sector Cement prices continue to rise… Welcome changes that testify to Jayalalithaa’s return to health Welcome thrust on trade in Modi’s foreign visits... Five star activism stalls development activity Shale gas and its shallow future Auto components surge… No mega rail project for Tamil Nadu Sweet news for TN sugar mills Scientists urged to take up farmer-oriented research Demise of a media baron... Readers' Mail Remembering Indira Sivasailam... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines The balancing act Tribute – UCAL Selvan… Padma Bhushan for A Ramakrishna Engineering seats go abegging An informal presentation - analytical, forward locking... Diamond jubilee of Egmore Samskrt School Where is Rajaji? Road development slows down All eyes on Sankara Nethralaya Quality silica from Neyveli Plummeting profits of PSBs Recognition to role of NBFCs.... For whom the bell tolls? B H Kothari - a tribute A proud Madrasi Fortune 500 review Tough task taking states together Bihar – Nitish Kumar adopts the Lalu model The Swadeshi Trump Haul over the coal Shaming of Tamils by Tamil farmers at Delhi Modi storms Silicon Valley CSR and CMI: promise of another Srinivasan Ramanujan... TN-leverage strength of BHEL, NLC... Fuel for thought Fortune for Indian Airlines The brown list of Venkitaramanan Paytm karo... PPP mode for upgrading Corporation Hospitals West Bengal: mindless malignancy Wanted: a second airport for Chennai An enemy’s enemy is a friend A welcome initiative by the judiciary Marketing expert Balagopal is no more Preserving for the future Air Asia India will set new benchmarks for budget travel He continues the focus on social amelioration The star of Spencers is no more Robber barons everywhere Godspeed, Chief Minister JJ When the President was rendered homeless… Nuclear power at the nucleus This scant respect for Law Colour-Chem’s colourful KRVS …and of a popular trade leader A Grand Finale for SN’s MS centenary at the US… Why this malaise in medical education? Naidu will soon build a new Hyderabad Making ‘my Amaravati’... Welcome focus on core competence Strengthen the base... Protest masters... GNS - 100: our first subscriber TELANGANA at last…BUT PC’s preference for professionals Telangana in top gear… Tribute – Manikam Ramaswami Vibrant Gujarat Modi and the lady Return to king coal for urea... The few handicaps... SoA @ 80 Shanti and Sadhana through Music The Jan Dhan bonanza The rise and fall of Annamalai University Valli, they are more marginalised Limit foreign borrowings to hi-tech, export potential projects...
 
Fortune 500 review
Wal-Mart still the biggest company in the US

Fortune Magazine in its 15 June 2016 issue listed America’s largest corporations. With elaborate research, the magazine has presented data ranking American companies on their performance in various parameters.

I looked at the ability of top companies to keep their position, improve or lose it. Wal-Mart, the retail giant with revenue of $ 482.1 billion maintained its Number One position. It was way ahead of the second in line company Exxon Mobil, which had a revenue of $ 246.2 billion.

I was looking back at the sectors reaching and maintaining the top rank. For several years in the 1970s and earlier, the automobile industry ruled at the top. For years, General Motors, Ford and Chrysler occupied the top three positions. Post the 1971 oil crisis and with the massive increase in oil prices, oil companies moved to the top of the rankings. Exxon occupied this position for several years. Later, Wal-Mart, the retail phenomenon, replaced the oil majors despite the massive increase in the price of oil. For several years now, Wal-Mart has been holding the top position.

In the top 10 ranking, Apple  (with revenue of close to $ 234 billion) is placed at the third position. Warren Buffet’s Berkshire Hathaway, with revenue of $ 211 billion, arrives one slot lower. McKesson, United Health group and CVS health, all from the healthcare and insurance sectors, occupy the next three positions. Automobile companies General Motors and Ford Motors held the 8th and 9th slots; telecom giant AT&T rounded off the top 10 list. Surprisingly, General Electric, which held the eighth rank in the previous year, has been pushed to the eleventh position. The next ten largest companies saw names like Verizon, Chevron, Costco, Fannie Mae, Amazon and HP.

In the past years, I used to notice a vast gap between General Motors and Ford Motors, which occupied the first and second positions. In 2015, this gap has narrowed significantly with less than $ 3 billion separating the two auto giants.  

In terms of profit, Apple was at the top with the profit of $ 53.39 billion. An interesting aspect is that Apple’s profit alone is ahead of Walt Disney’s entire revenue ($ 52.46 billion and a ranking of 53 in the Fortune 500 list).

Over a 10 year span, Apple has maintained its enormous growth in profits. During 2005-15, Apple recorded an annual rate of increase in EPS of 45.2 per cent and 32.6 per cent revenue growth, a record not matched by any other company.

In the tradition of capitalist countries, there has been an intense race among businesses that have surged ahead of others: as many as 29 companies have arrived into the list either as newcomers or have returned through better performance. Fortune has also listed 55 top money losers, some of them losing heavily. Apache, ranked 388, lost as much as $ 23 billion in just a year.

The analysis covered growth in profits, growth in revenues, most profitable companies, companies that got the best returns on investments, on market capitalisation, return to shareholders – indeed a humongous volume of data well-researched and well-presented.

Of interest to media, Omnicom group led advertising and marketing with revenues of $ 15.13 billion followed by the Interpublic group with revenue of $ 7.61 billion.

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