"Fortune 500": 2014 list of world's biggest 500 companies
The oil giant Royal Dutch Shell has been dislodged from the pole position by the retail major Wal-Mart as the world’s biggest company in terms of revenue generation. The annual global report published by Fortune also accomodate a small contingent of 8 Indian companies led by Indian Oil Corporation (96th) in the top 500 list.
Top 5 companies
- Wal-Mart: $476.3 billion
- Royal Dutch Shell: $459.6
- Sinopec Group (China)
- China National Petroleum
- ExxonMobil (US)
India and the BRIC
Mukesh Ambani led Reliance Industries is the 2nd Indian company in the coveted list placed at 114th position overall. The other Indians present are:
- Bharat Petroleum: 242
- Hindustan Petroleum: 284
- Tata Motors: 287
- State Bank of India: 303
- ONGC: 424
- Tata Steel: 486
Barring Reliance and Tata all the other 5 companies belong to public sector.
- The rise of China is evident in its growing presence in the list that now includes 95 companies in top 500 - four times as much all other BRIC members combined (its 23).
- They have 15 companies in the top 100 alone with 3 in top 10.
- Sinopec: 3rd
- China National Petroleum: 4th
- State Grid: 7th
- Brazil, Russia and India have seven, eight and eight presence respectively.
- Wal-Mart Stores with staggering earning of $476.3 billion in revenues for 2013 has pushed the defending numero-uno Royal Dutch Shell to 2nd spot who had $459.6 billion to show for last year.
Sector wise performance
- Banking sector has an overwhelming representation with 55 firms, followed by petroleum refining with 40 and 33 belonging to automobile industry.
- US still leads the country-wise pack with 128 firms followed by China's 95 and 57 representations from neighbouring Japan.
- The number of female chief executives has risen to a record 17.
- Mary Barra, the first woman chief executive of General Motors, leads the race which also feature Nishi Vasudeva ( Hindustan Petroleum) and Arundhati Bhattacharya ( State Bank of India).