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Walmart Retains Top Position in Fortune 500 List

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US based Walmart held the top in the Fortune 500 list for the fourth consecutive year released in 2016

IT based Apple made the progress in the profit, with $53 billion jumped from No.5 to No. 3 in 2016.

Other Movers:walmart-fortune-500-2016

  • Amazon.com moved from No. 29 to No. 18
  • Walgreens jumped from No 35 to No. 19
  • Facebook jumped 85 spots to No. 157

THE TOP 10 REVENUE ($MILLIONS)
Rank Country Value
1 Walmart $482,130
2 Exxon Mobil $246,204
3 Apple $233,715
4 Berkshire Hathaway $210,821
5 McKesson $181,241
6 UnitedHealth Group $157,107
7 CVS Health $153,290
8 General Motors $152,356
9 Ford Motor $149,558
10 AT&T $146,801

Features of Fortune Companies:

  • Half of Companies shows sales drop including No. 1
  • Revenues were slows down 4.2% from 2015
  • Profits fell by 11%
  • Loss was energy as low oil prices led to a net loss of $44 billion on $1.3 trillion in revenues for the 62 companies
  • Annual revenues of $12 trillion which is equivalent to two-thirds the size of the U.S. GDP

8 Indian companies in Fortune 500 list

COMPANY  REVENUE IN MILLION  RANKING LAST YEAR RANKING
TATA STEEL USD 27,739 401 370
OIL & NATURAL GAS (ONGC) USD 30,746 357 361
TATA MOTORS USD 34,575 314 359
STATE BANK OF INDIA USD 36,950 285 292
HINDUSTAN PETROLEUM USD 38,885 267 336
BHARAT PETROLEUM USD 44,582 225 272
RELIANCE INDUSTRIES USD 76,119 99 134
INDIAN OIL USD 86,016 83 98