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