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