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- 10/18/15--00:47: Top 10 Retail Companies in the World 2015
- 10/18/15--01:04: Top 10 Countries by GDP 2015
- 10/18/15--01:17: Top 10 Hotels in India 2015
- 10/20/15--01:01: Top 10 Online Acquisitions in India 2015
- 10/20/15--01:11: Top 10 Companies in Australia 2015
- 10/20/15--01:38: Top 10 Conglomerates in the World 2015
- 11/09/15--21:54: Top 10 PC and Laptop Brands in World 2015
- 11/09/15--20:44: Top 10 Media and Broadcasting Companies in World 2015
- 11/09/15--21:28: Top 10 Television (TV) Brands in World 2015
- 11/09/15--20:41: Top 10 Iron and Steel Companies in the World 2015
- 06/04/16--23:48: Top 10 Banks in India 2016
- 06/05/16--00:47: Top 10 Public Sector (PSU) Companies in India 2016
- R & D Centre- Technology licensing
- Natural Gas
- E & P
- corporation and
- 06/05/16--03:31: Top 10 Automobile Companies in India 2016
- 06/06/16--03:09: Top 10 Countries by GDP 2016
- 06/06/16--06:39: Top 10 Companies in Singapore 2016
- 06/06/16--11:00: Top 10 Airlines in India 2016
- 06/08/16--02:53: Top 10 Pharma Companies in India 2016
- Drug Discovery- With striking seven out-licensing deals in drug discovery and 3 R&D centers, Glenmark is the clear leader in this segment. Its effort in discovery of drugs is focused mainly in the areas of inflammation (Asthma and Arthritis), metabolic disorders (Diabetes and Obesity) and pain (Inflammatory and Neuropathic pain).
- Formulation Business- This business mainly focuses on therapeutic areas such as Dermatology, Respiratory, Cardiac, Diabetes, Oncology and Gynecology.
- Glenmark Generics Ltd is a subsidiary of Glenmark Pharmaceuticals which focusses on key niche segments like Dermatology, Hormones, Oncology and modified products.
- Scales and Leadership- because of its large manufacturing and R&D facilities as well as its well diversified portfolio.
- Operational Excellence- because of technology and know-how for specialty formulations.
- Service Delivery- because of its global marketing network and customer centric approach.
- 06/10/16--02:43: Top 10 Companies in Asia 2016
- 06/10/16--03:00: Top 10 Companies in India 2016
- 06/10/16--08:03: Top 10 Companies in Germany 2016
Here is a list of the top 10 retail companies in the world 2015. The Retail industry is one of the fastest growing industry segments in the world. The revenue in retail industry is expected to reach over USD 20 trillion by 2017 with a CAGR of 3.9% over 2012-2017.
The retail industry comprises of organizations engaged in selling merchandise and commodities for household and personal consumption, mainly consisting of technological goods, apparels, food and beverages, specialty, pharmaceuticals, home improvement and others. Retail industry is also one of the largest employment providers of the world. Retail industry provides leverage for developing countries to provide manufactured goods to retail industry and grow faster.
10. Cardinal Health
Cardinal Health was established in the year 1971 by Robert D. Walter as a food wholesaler.
The company changed its name to Cardinal Distribution, Incorporated in 1979 after acquiring Bailey Drug Company and then changed its name finally to Cardinal Health in 1994. Cardinal Health specializes in pharmaceutical products distribution and medical products.
Cardinal Health is listed in the Fortune 500 group of companies. The company is associated with over 100,000 pharmacies. Cardinal Health holds the United States largest network of radio-pharmacies. It also specializes in manufacturing medical and surgical products such as surgical apparel, gloves and fluid management products. The company provides the medical products and its private level products to over 75% of the pharmacies and hospitals in United States. The Cardinal Health Foundation made annual donations of over USD 9 million worth of products through relief organizations. The company has also spent over $7.5 million by helping over 240 hospitals setup better health care facilities and better health care products.
Cardinal Health houses to over 35,000 employees who are well trained to perform the sensitive task of pharmaceutical servicing. The company thrives in providing a diverse and inclusive environment. Cardinal Health provides benefit programs that meets the need of employee and its family. It also helps employee change their desired field and also has flexibility for transfer changes within company.
Cardinal Health conducts its business responsibly and with integrity and understands that the company’s success depends on the integrity of the business. The company very well takes care of its customers, employees and the stakeholders and this has made Cardinal Health to be one of the leading players in the World Retail industry.
Net Retail Revenue: USD 91.1 billion
Dominant operational format: Drug store/Pharmacy
9. Tesco PLC
Tesco PLC is a British multinational general and grocery merchandise having its headquarters in Chestnut, England, United Kingdom.
The company was formed as a group of market stalls by Jack Cohen in 1919. Since its beginning, Tesco has diversified itself and its product range to cover most of the products that are sold in the retail market now. This has helped Tesco create huge market stores which can leverage almost all the needs of a customer.
Tesco PLC ranks 62nd in the list of Fortune 500 group of companies. Tesco PLC holds over 7,800 stores under its belt including its franchisees globally. The Tesco operates its business in different retail formats i.e. Tesco Extra, Tesco Superstores, Tesco Metros, Tesco Express, One Stop, Tesco HomePlus and Dobbies. The company did a group trade profit of over 1.4 billion GBP. Tesco PLC is listed in the London Stock Exchange (LSE) and is a member of FTSE 100 Index. Tesco is the 28th largest company listed in the London Stock Exchange (LSE).
Tesco PLC has strength of over 500,000 employees who are well trained to know the intricacies of the processes they are involved in. The company has a focused code of conduct of keeping their employees and stakeholders safe and also protect the reputation of the business. They are very sensitive in helping its employees understand the core values and code of conduct of Tesco.
Tesco PLC believes in serving the Britain’s shoppers better every day. They focus on understanding customers and meet the needs of customers first and also act responsibly towards the community. This has made Tesco scale up their business considerably and also become one of the top players in the world of retail industry.
Net Retail Revenue: USD 97.03 billion
Dominant operational format: Hypermarket/Supercentre/Superstore
Lidl Stiftung & Co. KG is a German retail giant and was founded in the year 1940 by Schwarz family and was named Schwarz Lebensmittel-Sortimentsgroßhandlung.
The company was later named to Schwarz Unternehmens Treuhand KG and changed its name to Lidl in 2014. Lidl is a discount supermarket chain belonging to the holding company Schwarz Gruppe, which also holds store chains Handelshof and Kaufland.
Lidl holds over 9800 stores in over 28 countries globally. Lidl stores are present in each of the member states of European Union excluding Switzerland and Baltic states. The divisions of Lidl stores are Discount stores, hypermarkets, Supercentres and Superstores. Lidl takes pride in providing products at lowest possible prices keeping the top quality of the product intact. The company is planned to open its store chains in countries like Serbia, Lithuania, Australia, United States, Russia, Morocco and Namibia. Lidl follows a no-frills approach wherein they keep the products displayed in the original cartons that were used to bring in the product. Once the customers empty the box, it is simply replaced by a new carton.
Lidl employs over 315,000 members in its stores present across the countries. They are trained and well-groomed to be friendly with customers and at the same time creating sustaining efforts to elongate the company’s operations and help expand. Lidl supports inter-departmental and intercompany transfers and seeks regular feedbacks so as to make a workable environment for its employees.
For Lidl, customer satisfaction is the utmost priority. It also focuses on providing value for money products with quality. It also focuses on continuous growth and improvements thus helping its stakeholders to grow with it as well. This has led Lidl to become one of the key players in the retail industry of the world.
Net Retail Revenue: USD 98.3 billion
Dominant operational format: Discount store
7. Carrefour S.A.
Carrefour S.A. is a multinational retail company based out of France.
The company was established in the year 1958 when the Fournier, Badin and Defforey families came together for a common goal of creating a market space homing most of the retail goods under one roof. Known for its best-in-class hypermarkets, Carrefour has established itself as one of the key players in the global retail business.
Carrefour ranks 64 among the Fortune 500 companies worldwide. It operates in over 33 countries of the world and has over 11,900 stores in operation. The operations for Carrefour are run through its owned business retail stores and through subsidiaries and franchisees. The company has 5680 stores in France, 4711 stores in Europe excluding France, 840 stores in Latin America, 396 stores in Asia and 283 stores in other locations such as North Africa, Middle East and Dominican Republic. The company operates under 5 main divisions of Hypermarkets, Supermarkets, Hard discount stores, Convenience stores and Cash & Carry stores.
The company employs over 340,000 associates and are strategically located across its stores in the world. The company values the local culture sensitivity and focuses on employing local associates as face of the store to have better connectivity among the population. The companies supply chain is best in class and hence it delivers one of the most economic products among the top retail brands.
Carrefour involves itself and its business in the means of helping people and the community it operates in. It works with associations and shares its know-how of doing business with its employees thus enhancing its business sustainability. Working in partnership with its stakeholders and growing along, Carrefour has established itself as one of the giants in the retail industry in the world.
Net Retail Revenue: USD 101.535 billion
Dominant operational format: Hypermarket/Supercentre/Superstore
6. The Kroger Co.
Kroger was established in the year 1883 by Bernard Kroger in Cincinnati, Ohio, United States.
Since its inception, Kroger has expanded multi-folds and is now one of the biggest retailing chains in the world. This has been achieved through innovation, which is one of the core values of the company for its sustainability i.e. taking efforts to improve today to protect tomorrow.
Kroger ranks 54 among the global Fortune 500 group of companies. Kroger is the America’s second largest general retailer and has its operations running in 34 states of the United States. Kroger currently has over 2600 stores under its belt, directly or through its subsidiaries. The main subsidiaries of Kroger include Ralphs, Food 4 Less and many more. The store formats of Kroger include supermarkets, departmental stores, mall jewellery stores, convenience stores and superstores. Kroger also has its own branded grocery store chain that are located in many locations throughout Southern and Midwestern United States.
Kroger has over 340,000 employee strength spread across its large number of stores and are doing different roles based on the task at hand. Kroger logs over 329 million miles of Truck moving merchandise and supplies in between the stores and between the suppliers annually. The company also has a very approachable feedback system and logs large number of feedbacks annually. In 2014, the company logged approximately 10 million feedbacks which were analysed and answered appropriately.
Over the years, Kroger has focused on the three core foundations i.e. Service, Selection and Value which has helped Kroger to guide itself to what it is today. The company takes care of its employees, customers and stakeholders very sensitively and it has led Kroger to become one of the largest retailers in the world.
Net Retail Revenue: USD 108.5 billion
Dominant operational format: Supermarket
5. Costco Wholesale
Costco Wholesale Corporation was founded in the year 1976 by James Sinegal and Jeffrey Brotman in San Diego, California.
It is a membership-only warehouse chain based out of America and provides a range of products. Costco usually focuses on selling products at high volume but at lower prices. The goods sold are usually bulk packaged and are marketed primarily to large families and businesses.
Costco is the second largest retail chain in the world and the largest membership based warehouse club chain in the U.S. Costco is spread across United States and is also present in international locations like Canada, United Kingdom, Mexico, Australia, Taiwan, Spain, Japan and South Korea. Costco ranks 52nd among the Fortune 500 group of companies. Costco has a huge variety of goods in its inventory under the 29 product segments. Costco’s private label i.e. Kirkland Signature has been a huge success among its customers and has received many accolades on the range of products under this label.
Costco has strength of over 174,000 employees who have a common goal of exceeding customer expectations. The employees are encouraged to be with their customers to help give the best deal to them. They are paid higher salaries than the employees of its competitors. Costco has a customer base of over 70 million and the number grows sharply every year. Costco guarantees complete product satisfaction to its customers, and if someone is unsatisfied with Costco, the membership fee is refunded completely.
Since its inception, Costco has held an unwavering commitment of doing the right thing for its members, their employees, their suppliers and the community. With this commitment, Costco is now bigger than ever before and continues to grow at a fast pace. This has indeed made Costco one of the leading brands in the retail industry of the world.
Net Retail Revenue: USD 112.64 billion
Dominant operational format: Cash & Carry/Warehouse Club
AmerisourceBergen was formed in the year 2001 with the merger of two giants AmeriSource Health Corporation and Bergen Brunswig.
Image: company site
Since then, AmerisourceBergen has grown itself to enhance patient care through broad industry network, unparalleled knowledge and innovative partnerships with pharmacies, providers and manufacturers around the world. AmerisourceBergen operates its distribution of pharmaceutical business products under four primary divisions i.e. AmerisourceBergen Drug Corporation (ABDC), AmerisourceBergen Consulting Services (ABCS), AmerisourceBergen Specialty Group (ABSG) and World Courier.
AmerisourceBergen is ranked 16th on the Fortune 500 list of companies for 2015. It is the market leader in distribution of pharmaceutical products having market share of about 20% of all the pharmaceuticals sold throughout the United States. AmerisourceBergen has 26 distribution centres in US, nine in Canada and 4 more specialty centres in US. It also has over 1 million square feet packaging capacity in UK and US. They provide pharmaceutical distribution services to reduce costs and enhance outcomes, provide over-the-counter (OTC) products in health care and home care and also provide various health care equipment’s to providers located throughout the country.
AmerisourceBergen has over 15,000 employee strength spread across its distribution centres globally. Employees are given an opportunity to shape their careers in healthcare delivery hierarchy at any level. The company also fosters collaborative and innovative culture in its business to help employees grow and develop.
AmerisourceBergen is focused in being a strong corporate citizen by creating sustainable positive outcomes within the community. They are striving to align their business functions with their mission and values and also bring out the best outcomes for its stakeholders. This has led to a strong success of AmerisourceBergen and has helped it become one of the key players in the retail industry of the world.
Net Retail Revenue: USD 119.569 billion
Dominant operational format: Drug store/Pharmacy
3. CVS Health
CVS Health was established in the year 1922 by the name of Melville Corporation based in Rye, New York.
Image: company site
The name was subsequently changed to CVS Caremark Corporation and then to CVS Health. CVS Health is an American retailing and healthcare company which majorly deals with sale of pharmaceutical products. CVS Health operates under its 4 subdivisions i.e. CVS Pharmacy, CVS Minuteclinic, CVS Caremark and CVS Specialty.
CVS Health is ranked 30th among the Fortune 500 group of companies. CVS Pharmacy has over 7800 retail drug stores under its belt spread across the states in Unite States and Brazil. It also maintains a national network of over 68,000 retail pharmacies. CVS Minuteclinic itself has over 1000 locations under its belt and aims to reach over 1500 locations by 2017. CVS Pharmacy was the first U.S. based national pharmacy chain to stop the sale of cigarette products from its stores. CVS Health manages over 1.7 billion prescriptions every year and has captured over one-third of the total U.S. prescription market.
CVS Health employs over 200,000 colleagues across its locations. The employees belong to diverse talent pool to have long term sustainability. The employees are trained under the diverse workforce programs such as Regional Learning Centres, Pathways to Healthcare Careers and Registered Apprenticeships. CVS Health also has over 24,000 pharmacists under its belt to take care of prescription advisories. CVS Pharmacy serves over 5 million customers everyday across its retail pharmacies.
CVS Health is a pharmacy innovation company which aims to reinvent pharmacy business model with a purpose of helping people lead a life of better health. With serving millions of people daily, and growing at a fast pace, CVS Health is indeed one of the leading retail chain companies in the world.
Net Retail Revenue: USD 139.367 billion
Dominant operational format: Drug store/Pharmacy
2. McKesson Corporation
McKesson Corporation was founded in the year 1833 by John McKesson and Charles Olcott in New York City, United States.
Image: company site
It is a pharmaceutical distribution company that also operates in providing health information technology, medical supplies and care management tools. It also provides extensive pharmacy network infrastructure for the health care industry. They connect people and organizations to leverage higher quality and improved clinical outcomes, and also help businesses in healthcare run better.
McKesson Corporation holds rank 16 among the Fortune Global 500 companies. McKesson is associated with more than 50% of the American hospitals, over 20% of health physicians and 100% of health plans, and is the largest pharmaceutical distributor in North America. Apart from being spread across United States, McKesson has presence in Dublin, Israel, Canada, New Zealand and United Kingdom. It also has an equity holding in Nadro which is a Mexican leading distributor. McKesson today is one of the oldest operating businesses in the United States.
McKesson has employee strength of over 76,000 associates spread across its two core business segment of Distribution Solutions and Technology Solutions. To deal with medical procedures, McKesson employees are well trained in their area of expertise. They are trained to make decisions that are ethically right, whether big or small.
McKesson runs its businesses with its core values of ICARE which are Integrity, Customer-First, Accountability, Respect and Excellence. With an aim to deliver the best-in-class services to the customers and thus growing itself and its stakeholders, McKesson has established itself as one of the leading companies in the retail industry of the world.
Net Retail Revenue: USD 179.0 billion
Dominant operational format: Pharmaceuticals/Health care services/Medical technologies
1. Wal-Mart Stores, Inc.
Walmart was established in the year 1962 by Sam Walton in Rogers, Arkansas, U.S. with a strategy to provide – The Lowest Prices Anytime, Anywhere.
Since its inception, Walmart has grown itself to be one of the largest retail chain companies of the world with unparalleled competition in terms of market share dominance.
Walmart is the number 1 company among the Fortune 500 group of companies. Walmart caters to over 200 million customers in more than 11,500 retail stores under 65 banners in 28 countries and also has its e-commerce website operating in 11 countries globally. Walmart has tie-ups with local farmers and economies so as to provide affordable goods to customers and thus strengthen its business. Walmart also has its own private label brands such as Sam’s choice, Great Value, Equate and Smart Price. Sam’s Club, a division of Walmart specifically deals with resale of merchandise in bulk quantities for families and small business owners.
Walmart employs over 2.2 million associates globally which is the highest among all the private companies in the world. It employs over 1.4 million people in US itself. Walmart constantly invests higher than any previous year on its employees so that they can have the best of the training before being a part of the company. Walmart also focuses on providing employee welfare benefits such as Health Care insurance, paid sick leaves and education benefits to its employees and their family members.
Walmart is highly sensitive for its global ethics policy. It believes in incorporating the local culture in its business and its employees so as to have a higher sustainable business in that location. Walmart has always focused on growing quickly since its inception and has become one of the largest retail companies globally.
Net Retail Revenue: USD 485.651 billion
Dominant operational format: Hypermarket/Supercentre/Superstore
All the major retail companies in the retail-chain sector of World were taken. Various subsectors were considered like the Supermarket, Discount Clubs, Warehouse sellers, Pharmaceuticals. Top 24 companies were shortlisted among all the mentioned sub-sectors. The final selection of top 10 industries was based on the Net Retail Revenue of the company and the Dominant operational format was also covered.
Here is a list of the top 10 countries by GDP in 2015. The primary measure of an economy’s performance is its annual total output of goods and services. This is also termed as aggregate output. Aggregate output can be measured in several ways the most popular being Gross Domestic Product or GDP. GDP is the dollar value of all final goods and services produced within the borders of the country during a year. GDP is a monetary measure i.e. it measures the value of the output in monetary value. The list given below ranks the countries in ascending orders of the nominal GDP. Nominal GDP takes the value of goods and services without adjusting for inflation. Real GDP measure accounts for inflation but it is extremely detailed and cumbersome for calculations.
Russia has a high income mixed economy structure with Government investment in strategic areas of economy.
The GDP of the country is $1.857 trillion nominally.
Industry and agriculture is largely privatised whereas defence and energy sectors are largely Government owned. Russia is equipped with creating armoury and fighter jets known for their engineering excellence. Russia is blessed with oil, natural gas and mineral resources and is dependent on the energy sector to drive its revenue growth. Russia has a negative GDP growth of 2.2%. Services is the largest employer in the industry followed by industry and agriculture. Inflation stood at 15.3% in 2015. 15.9% of the population is below poverty line. Unemployment rate is 5.4% and the workforce size is76.5 million. Main industries are Oil and gas, chemicals, mining , defence equipment, shipbuilding, aerospace and automotive. Russia ranks 62 on the ease of doing business index rank. After the Soviet Union entered into an era of stagnation since 1986 Mikhail Gorbachev tried to move the economy to market oriented mixed economy. Russian ruble is the currency of Russian Federation. Also it is accepted as a legal tender in Abkhazia and South Ossetia. Russia;s debt to GDP ratio is one of the lowest in the world. Aircraft manufacturing is one of the largest sector in Russia. Russia is the producer and exporter of military aircrafts like as MiG-29 and Su-30.
India ranks 9th in the world according to United Nations Statistics division.
Its GDP is $2.049 trillion nominal.
The country has shown a growth in GDP of the order 7.3% in 2014 -2015. India is moving from an agricultural economy to a services based economy. Agriculture contributes 17% to the GDP whereas now services contribute 57% to the GDP (2013-2014). Consumer price Index shows that inflation has been 5.01%. in the long term, the economy shows a growth promise because of its demographic dividend(young educated population), healthy savings and increasing integration into the world economy. India is the 4th largest start – up centre in the world and IT industry continues to be the largest private employer. India moved towards economic liberalisation only post 1990 after the cancellation of license Raj. A significant 23.6% of the Indian population still lies below poverty line. The country has a huge labour force of 502.3 million but the majority of the population is employed in agricultural activities (49%). services is the next largest employer at 31% followed by industry at 20%. The main industries are software, petro chemicals, agriculture, jewellery, and engineering. Budget deficit is 4.1% of the GDP. India ranks 142 in the ease of doing business index. Despite of the promising signs shown by the economy, corruption remains a pervasive problem affecting India. India has shown a great improvement in the literacy rate from 50 % in 1991 to 74.04 % in 2014. In addition to this, the country also has unequal distribution of income wherein the poorest states are at least 4 times poorer than the rich states.
Italy ranks as the 4th largest economy in Europe and 8th largest in the world.
GDP of Italy is $2.147 trillion nominal.
Italy is the founding member of Eurozone, the European Union, the OECD, G7 and the G8 groups. Italy has the 3rd largest reserve of gold in the world and gold is the third net contributor to the budget of Italy. The PPP GDP of Italy is 12th largest in the world. Italy is the largest producer of wine in the world. The GDP growth 0.3% in Q1 2015. Per capita GDP is $35,925 (nominal). Services is the major contributor to the economy at 74% followed by industry at 24% and agriculture at 2%. The country is well known for its influential and innovative business economic sector, a competitive agricultural sector, and for prowess in creative and superior quality automobiles, industrial, naval, appliance, fashion and design. Inflation was at 1.2%. Population below poverty line is 6.8%. The size of the labour force is 25.7 million. Majority of the labour in employed in services sector (68%). Unemployment is at 12.4% Italy ranks 56th in the ease of doing business index. The 2000’s recession hit Italy very hard. The massive government spending to revive the economy led to a sever rise in public debt. Italian living standards have a considerable North–South divide: the average GDP per capita in Central and Northern Italy significantly exceeds the EU average, whilst some regions and provinces in Southern Italy are dramatically below
Brazil is the 7th largest economy in the world.
GDP of Brazil is $2.353 trillion.
Before Brazil became a Portuguese colony, it virtually lived in the Stone Age. The production of coffee, gold and sugar started on massive scale after the Portuguese colonisation. Currently, with a population of over 190 million and abundant natural resources, Brazil is amongst the top ten largest and most lucrative markets in the world. Its real GDP surpassed USA in 2008 due appreciation of the Brazilian real. The service sector contributes the largest component to the GDP at 67.0 percent, followed by the industrial sector at 27.5 percent. Agriculture contributes at 5.5 percent of GDP (2011). Brazilian labour force size is estimated to be 100.77 million of which 10 percent is occupied in agriculture, 19 percent in the industry sector and 71 percent in the service sector. Inflation stood at 8.1% in March 2015. 15.4% of the population of Brazil is below Poverty line and the unemployment rate is at 7.3%. Brazil ranks 130 on the ease of doing business index. The main industries of Brazil include textiles, chemicals, shoes, lumber, cement , iron, steel, tin, aircrafts, motorised vehicles, parts of other machinery and equipment. Brazil has the second biggest manufacturing sector in the Americas. Accounting for 28.5 percent of GDP, Brazil’s industries range from automobiles, steel and petrochemicals to computers, aircraft, and consumer durables. Fiscal sustainability and liberalization measures taken have significantly improved the Brazilian economy.
According to Credit Suisse Global Wealth Report 2010, France is the wealthiest nation in the world.
It has a GDP of $2.846 trillion as of 2014.
The economy of France is largely dependent on tourism because France is one of the most visited places in the world for leisure. France ranks 6th in the world by nominal GDP and 9th by PPP. The country had a growth of 0.9% in Q1 Jan 2015. Per capita GDP is $41,141. Services is the largest contributor to GDP at 79.8 %. Tourism is the biggest service sector. France the 3rd most popular tourist destination with more than 81.9 million foreign tourists in 2007 ahead of Spain and USA. Paris has the second highest Fortune 500 company Headquarters. Paris is the home to company headquarters of more Fortune 500 Global companies than New York, Beijing, Munich or London. Tokyo has more Fortune 500 companies than Paris. Unemployment rate in France is 10.3 % .French Government is heavily under debt which reached €1,833 billion. This was equivalent to 91% of the French GDP. The European Union mandates that the members should limit their debt level to 60% of their GDP. Due to heavy debts the credit ratings of the country have been reduced twice from AAA to AA by Fitch and Standard and Poor. France has the top individual tax rate slab as 45 % and the highest corporate tax slab rate is 34.3%. there is no minimum capital required in France to start a business making its ease of doing business rank quite high.
5. United Kingdom
United Kingdom is the 5th largest economy by Nominal GDP and the 10th largest by Purchasing Power Parity.
The GDP of UK is $2.945 trillion.
United Kingdoms is a member of the European Union. The UK economy comprises (in descending order of size) the economies of England, Wales, Scotland and Northern Ireland. The GDP growth YOY is 2.6%. GDP per capita is $48322 nominally. Services contributes 78.4% to the GDP followed by production at 14.6%. Agriculture comprises only 0.6% of the GDP but it is intensive, highly mechanised and serves 60% of the food needs. Services include creative services, education, health, social work, hotels and restaurants, public administration, financial and business services, defence, real estate, lending activities, logistics and tourism. Inflation in May 2015 was 0.1%. 16.6% of the population is below poverty line. The poverty line in the UK is commonly defined as 60% of the median of household income. Poverty line in UK is different for different segments. It is £115 per week for single adults with no children, £199 per week for couples with no children and £195 per week for single adults with two children of age less than 14; and £279 per week for couples with two children less than 14 years of age. In 2007–2008, 13.5 million people, or 22% of the population, lived below this line. Poverty is a relative term in relation to the other members of the European Union. The size of the labour force is 31.05 million and 79.7 % of this force is employed in services sector. Unemployment stood at 5.5% in March 2015, United Kingdom ranks 8th in the ease of doing business index.
Germany is a part of the European Union and is regarded as a superpower within the Union.
It has the 4th largest GDP of $3.859 trillion.
The GDP growth is 1.6% on an average. Per capita nominal GDP is $48,226. Services is the major contribution to the GDP at 70%. The sector employs 67.5% of the workforce. The major contributors to services are financial services, renting, business activities, general trade, hospitality and transport. Industry is the second highest contributor to GDP at 29.1%. Agriculture comprises just 0.9% of the country’s output. The labour force division by occupation is agriculture 2.4%, industry 29.7%, services 67,8%. Unemployment rate in the country is at 4.8%. The chief industries of Germany are coal, cement, iron, steel, chemicals, plastics, mineral fuels, machinery, train manufacturing, ship building, space crafts and aircrafts, machine tools, IT services, electronics, vehicles, pharmaceuticals, food and beverage and textiles. Germany is a major exporter of motor vehicles, machinery, computer and electronic products, chemicals, electrical equipment, pharmaceuticals, metals, foodstuffs, textiles, rubber and plastic products and transport equipment. Exports account for 41% of the national output. 50 of the world’s Fortune 500 companies are situated in Germany. Germany is a very popular location for trade fairs. Around two thirds of the world’s leading trade fairs happen in Germany. Cities like Hanover, Munich, Berlin are popular destinations for trade fairs. Germany is the richest country in Europe, and the second richest country in the world after the United States of America. It also had a mojor role to play during the recent Greece crisis.
Japan has the third largest GDP in the world according to statics of IMF.
Its GDP is $4.616 trillion.
Japan’s population of 127.3 million makes it the 11th among the most populated countries of the world. The GDP growth is 2.3 % nominal and 1% real. Agriculture accounts for 1.2% of the GDP, industry accounts for 27.5% and services is the major contributor with 71.4% contribution. Japan has the 4th largest purchasing power parity in the world and is the world’s second largest developed economy. Japan is also a member of the G7. Japan is not very well endowed with natural resources. It is the third largest importer of agricultural resources. Its exports mainly include research and development intensive industrial products, automotive etc. This provides Japan its comparative advantage. Service sector accounts for 3/4th of Japan’s GDP. The service sector provides services like real estate, banking, insurance, telecom, transport and retailing. Major Japanese companies are Mitsubishi, NTT, Nomura, Softbank, Japan Airlines. 60 out of Fortune 500 companies are present in Japan. Japan is primarily a creditor nation and the largest in the world in terms of international investment surplus. It also runs an annual trade surplus. As of 2010, Japan owns 13.7% of the world's private financial assets (second biggest in the world) at an estimated value of $14.6 trillion. The size of the labour force in 2011 was estimated to be 65.93 million. Unemployment rate is at 3.4 %. 70% of the labour force is employed in services sector. The drawback of this economy is the ageing population of Japan
China with a population of 1.4 billion is most populous in the World and ranks 2nd in terms of GDP.
China has a GDP of $10.38 trillion.
It has a per capita income of $9844. The unemployment rate is 4.5 %. China follows the pattern of a socialist market economy. According to IMF, it has the second largest nominal GDP in the world the largest Purchasing power parity (similar to real GDP) in the world. China boasts of an average 10% growth rate and is considered the fastest growing major economy. What is unique about this country is that the public sector accounts for a greater share in the economy compared to the fast growing private sector. China has achieved this high GDP figures by becoming the largest manufacturing hub of the world. China is the world leader in manufacturing and the largest exporter of goods. Because of the high exports nature of the economy, China has kept its currency deliberately devalued so that trading nations find it attractive to buy from China. China became a member of World Trade Organisation (WTO) in 2001. Manufacturing and industry comprise nearly 47% of the contribution to GDP. The real estate comprises 20% of the country’s economy. Agriculture wise, although the land under cultivation is low but by practising intensive cultivation, China is not only able to feed its population but also able to export its agricultural produce. Agriculture contributes 10% to the economy. China is also the world's fastest growing consumer market and second largest importer of goods. China is a net importer of services products
1. United States of America
USA has the highest GDP in the world.
US GDP value is $17.4 trillion as of 2014.
This comprises 22% of the world’s GDP. Since the 1890’s the United States of America has been the largest economy (not including the colonial empire). It is also the third largest producer of oil and gas. Real estate, lending and leasing is the highest contributor to GDP (13%) followed by finance, healthcare, manufacturing and other sectors. Agriculture comprises 1% contribution to GDP. The private sector employs 91% of working Americans. Government accounts for 8% of all US workers. Retail trade employs 10% of the total population. US households have the highest net income among the OECD nations. The financial market of United States of America is known to be one of the most powerful and influential markets in the world. So much so that the financial crisis of 2008 affected countries all over the world. The reason is USA is the highest trading nations of the world. NYSE (New York Stock Exchange) is the largest stock market by market capitalisation. American has invested over $3.3 trillion in foreign countries while foreign investments made in the US total almost $2.4 trillion. 128 out of 500 largest Fortune 500 companies are based out of the United States of America
The data given in the list is compiled by International Monetary Fund in 2014
Here is a list of the top 10 hotels in India in 2015. The Indian Hospitality and Tourism industry is projected to be one of the fastest growing sectors in India. The 2014 figures show that over 7.46 million tourists arrived in India and the growth is projected to be of over 7% this year.
India has just over 200,000 hotel rooms in the country spread across various segments to cater the needs of all the economic segments. The country is still in shortfall of over 100,000 rooms and the number is likely to increase due to ease of visa in the country attracting more foreign tourists. However, there has been unprecedented growth in the construction of the Hotel industry as more than 114,000 rooms are planned to be constructed over the next five years so as to meet the demands of the ever increasing hospitality business.
10. EIH Associated Hotels
EIH Associated Hotels was incorporated in the year 1983, with the name Pleasant Hotels Limited.
Image: company site
The company changed its name to Oberoi Associated Hotels Limited in the year 1989 and subsequently to name EIH Associated Hotels Limited in the year 1996. The company is headquartered in Chennai and is listed in NSE since 2008.
The EIH Associated Hotels Limited has two Hotels under the wing of Oberoi brand i.e. The Oberoi Cecil located in Shimla and The Oberoi Rajvilas located in Jaipur. The Hotel also has six hotels under the Trident brand located in Agra, Bhubaneshwar, Chennai, Jaipur, Udaipur and Cochin. The Trident Cochin is owned by 100% subsidiary of EIH Associated hotels i.e. Island Hotel Maharaja Limited.
The EIH Associated Hotels Limited aims in the business, management and operation of five star deluxe and five star hotels in metropolitan and major tourist locations throughout India. The hotel chain offers distinctive services to its clients and goes beyond just meeting the customers’ expectations. They aim to be at the top of the servicing and hospitality business thus growing itself to a brand superseding any other competition in the market.
With the mission to cater to the expectations of its Guests, its Employees, its Distinctiveness and its Shareholders and going beyond what is expected, EIH Associated hotels is aiming to sharply climb the ladder of the top Hotel Chains in the country.
Net Sales: Rs. 230.15 crores
Market Capitalisation: Rs. 674.87 crores
9. Taj GVK Hotels
Taj GVK Hotels & Resorts Limited (TAJGVK) is a joint venture of Hyderabad based GVK group and the Indian Hotels Company Limited (IHCL).
The joint venture was formed due to strategic alliance in the year 1999-2000 so as to increase the business of the company in many folds. The company now enjoys dominance in many prime locations in the country over its competitors.
The Taj GVK Group of Hotels has its hospitality business located in Hyderabad, Chennai and Chandigarh. There are 4 five-star hotels located in Hyderabad whereas there is one five-star hotel each located in Chennai and Chandigarh. The company already has six world-class properties located in prime business locations in major cities and has over 1000 rooms to cater the busy and near-full room capacity in each of its hotels. The Taj GVK is also coming up with a 250+ room five-star luxury hotel near the Terminal 1C of Mumbai airport in affiliation with Greenridge Hotels & Resorts LLP.
With its alliance, the company continues to penetrate itself into new locations and also grow in its existing business hospitality and services. The company aims to provide best-in-class services and unique experiences to its customers so as to keep the customer base intact and grow its revenue by repeated business to same customers. The hotel is also involved in various CSR activities so as to sustain its business in the long run.
Taj GVK keeps an ongoing hunger for its business expansion and improved service and accommodation availability, which has helped it to remain one of the top players in the Indian Hotel industry.
Net Sales: Rs. 248.03 crores
Market Capitalisation: Rs. 459.29 crores
8. Oriental Hotels
Oriental Hotels Limited (OHL) was incorporated in the year 1970 and is a subsidiary company of the Taj Group of Hotels.
The company is a public listed company and was incepted by its first establishment of the Taj Coromandel located in Chennai which till date is its flagship Hotel servicing location. It is the first deluxe five-star hotel of Chennai.
The Oriental Hotels have an arm of 9 hotels under its belt. The hotels are Taj Coromandel, Vivanta by Taj in Kovalam, Kochi, Trivandrum and Coinbatore; The Gateway Hotels in Madurai, Coonoor, Vishakapatnam and Mangalore. The company also has an international subsidiary of OHL International (HK) based in Hong Kong.
The hotel chains OHL, Covelong Beach and Coromandel Hotels merged in the year 2001 and post that Taj owns the 34.5% share of the its subsidiary brand OHL. The merger enhanced the shareholder value for OHL and subsequently also increased the asset value, operation profits, EPS and net worth.
OHL provides a range of accommodation options in its Hotels ranging from elegantly appointed rooms to opulent suits. OHL always aims to provide the state-of-the-art servicing to its customers to create more sustainability in its business through repeat customer revenues. The hotel offers complete Wifi connectivity, distinctive dining options, cyber butlers and many more.
With the aim to expand its base after the merger and grow as a whole along with shareholders, the company aims to be one of the top brands in the Indian Hotel industry and also climb the latter to the top of the Hospitality business in the world through increasing international affiliations.
Net Sales: Rs. 300.05 crores
Market Capitalisation: Rs. 383.99 crores
7. Country Club
The Country Club Hospitality and Holidays Limited (CCHHL) were established in the year 1989.
It has been a pioneer in the concept of offering top end leisure hospitality membership facilities in the country. The range of services in the Country Club includes unlimited global holiday destinations, finest social clubbing, trendy fitness centres and star-studded events.
The Country Club owns over 50 clubs, hotels and resorts in India, Middle East, Sri Lanka and Bangkok. The club also offers over 25 fitness centres to its members and over 4000 holiday exchange associates and global hospitality associates. The huge network of services offered consists of luxurious hotels, serene rejuvenation hubs, urban hotspots, beach-facing resorts, wildlife lodges, water amusement parks and hilltop vacation homes. Country Club is also dubbed as a Powerhouse of Entertainment as it invites various celebrities and stars for its events for its members.
To always be in touch with its customers for providing services, Country club has a unique mobile app service and a web portal to be in touch with guests regarding reservations, services and accommodations. Country club is also very sensitive about the social upbringing and is involved in various CSR activities like schooling of children, environmental projects, social wellbeing and community health projects.
Country Club continues to grow its affiliations and base expansion with time and aims to maintain its high level of service excellence to its members and club users, thus keeping itself as one of the key players in the Indian Hotel industry.
Net Sales: Rs. 320.50 crores
Market Capitalisation: Rs. 180.63 crores
6. India Tourism Development Corporation
The Indian Tourism Development Corporation (ITDC) was established in the year 1966 by the Government of India under the Ministry of Tourism.
ITDC has been the prime mover in the progressive development, expansion and promotion of tourism in India. ITDC in hospitality business is incorporated by the Ashok Group of Hotel brands across India.
ITDC owns 17 properties across the country in locations like Ranchi, Puri, Itanagar, Bhopal, Pondicherry, Delhi, Guwahati, etc. The shareholding of the promoter i.e. ITDC to the co-promoters i.e. the respective state government is in the ratio of 51:49. The Hotels are ranged from 5-star rating to 1-star rating to cater the various economic segments of people. The hotels are also segmented based on categories i.e. Heritage Grand, Heritage Classic and Heritage Basic.
ITDC along with its hospitality business continues to expand in its servicing and transport facility and provide entertainment and duty free shopping options to the tourists. The ITDC has diversified itself to accommodate the Full-Fledged Money Changer (FFMC) services and consultancy services. The Ashok Institute of Hospitality and Tourism Management imparts training and education services in the field of hospitality and tourism.
The ITDC group has aimed to provide hospitality services so as to align parallel with the tourism of India. The hotels are situated in the heritage locations of the country and are categorized to cater all the segments of society. With its continued growth and expansion plans and increasing affiliations, ITDC aims to continue to be one of the top Hotel chains in the country.
Net Sales: Rs. 438.26 crores
Market Capitalisation: Rs. 1642.48 crores
5. Hotel Leela
The Leela Palaces, Hotels and Resorts were founded in year 1987 by Capt. C. P. Krishnan Nair who named the hotel chains after his wife.
The first hotel was established in Mumbai and was named as The Leela Penta which was subsequently named to The Leela Mumbai. The Leela group aims to provide best-in-class and unique experience to all its customers.
Leela hotels currently have its presence in 8 prime locations in Mumbai, Bangalore, Trivandrum, Udaipur, Goa, Chennai, New Delhi and Gurgaon. Hotel Leela is planning to expand its hotel business in Indian locations of Agra, Coimbatore, Kollam and Jaipur. The company also has marketing alliances with preferred Hotels and Resorts and it is also a member of Global Hotel Alliance which is based in Geneva, Switzerland.
Leela has also setup Leela Academy of Learning which is a state-of-the-art facility and focuses on development of valuable managerial qualities for each of its students. The Leela Hotels also has a unique customer reward called DISCOVERY which caters its customers to have a unique local experience in its current locations. The company is into sub-segments of Dining, Meetings, Spa and Salon, Boutique and Weddings. The Leela Hotels is also affiliated with Jet Airways to provide Airline catering support and services. The international affiliations of Leela are Germany based Lufthansa airlines.
With the aim of providing unique local experience along with the best-in-class servicing and accommodation in its locations, Hotel Leela is and is growing to be one of the top Hotel chains in India.
Net Sales: Rs. 718.44 crores
Market Capitalisation: Rs. 979.88 crores
4. Club Mahindra Holidays
Mahindra Holidays & Resorts India Limited (MHRIL) was established in the year 1996 under the company’s flagship brand ‘Club Mahindra Holidays’.
The company aims to bring some of the most unique experiences to its members through holiday tours to its locations across the country and globally.
The club has a member base of over 170,000 and has its presence spread in 40 resorts across India and abroad. The club has one of the fastest growing customer and member base. Club Mahindra is the market leader in the family holiday business in India. Some of the prime locations where the resorts of Club Mahindra are present are Goa, Sikkim, Uttarakhand, Kerela, Ooty, Dharamshala and many more. The club also has an international resort located in Dubai.
With 46 locations across the globe, the club provides holiday packages to its members on timeshare basis i.e. a member can claim a holiday with Club Mahindra after every certain interval of time. The company is aiming to grow itself by expanding its base to many prime locations in the world. Club Mahindra is affiliated with “Gold Crown” Resorts Condominium International (RCI) and is also affiliated with Dial An Exchange.
With 4000+ resorts affiliations worldwide, Club Mahindra aims to be one of the top 5 holiday business companies in the world. Creating a perfect setting for you and your family to explore, laugh, bond, feast make memories, Club Mahindra one of the top Hospitality providers in India.
Net Sales: Rs. 794.85 crores
Market Capitalisation: Rs. 2761.08 crores
3. ITC Hotels
ITC came up with its subsidiary brand of ITC Hotels in 1975 when they established s first hotel Sheraton Chola in Chennai.
Since then, ITC has grown leaps and bounds and has become one of the leading hotel chains in India. It is one of leading hotel chains in India in terms of profitability and customer service.
ITC Hotels has 103 properties spread across 76 locations. ITC Hotels runs its brand with its four subsidiary brand ITC Hotels, Welcom Hotel, Fortune and Welcom Heritage. It has 20 five-star deluxe hotels, 47 Fortune Hotels and 36 Welcom Heritage properties. Currently it has the room inventory of 210,000 rooms, of which over 52,000 rooms are in Upper and Luxury-segment. The company is also coming up with its first overseas property in Sri Lanka and is being undertaken by Welcom Hotels Lanka (P) Limited, a wholly-owned subsidiary of ITC Hotels. The company also has domestic projects underway in Kolkata, Hyderabad, Ahmedabad and Coimbatore.
The employees of ITC hotels are known for redefining the standards of hospitality business by providing best-in-class service and showcasing the best of India to the world. The employees are trained in its unique program called ‘WelcomLegionnaire’ which helps one gain the best of knowledge in servicing in hospitality sector. ITC Hotels is a pioneer in its sustainable hospitality and has received LEED Platinum certificate.
ITC Hotels is one of the greenest hotel chains in India and has high sensitivity for its stakeholders and environment. ITC Hotels show true reflection of culture and ethos in each of its locations and provides servicing with one common vision – Warmth. This continuous perseverance to provide best services to its customers has made ITC Hotels to be one of the leading players in Indian Hotel industry.
Net Sales: Rs. 1121.45 crores
Market Capitalisation: Rs. 4332.2 crores
2. The Oberoi Group
The Oberoi Group was founded by Rai Bahadur Mohan Singh Oberoi in the year 1934.
The group began its operation by acquiring The Clarkes Hotels, which was acquired after Mr. Oberoi mortgaged his wife’s jewellery. Since its inception, the Oberoi group has grown to become one of the most known hospitality names in the country. The Oberoi group has completed over 75 years in its hospitality business and is now has its presence in many parts of the country.
The company has 100% equity in six ‘The Oberoi Hotels’ present in Mumbai, Kolkata, New Delhi, Bengaluru, Ranthambhore and Udaipur. The company also has its associates and subsidiaries in many of the country’s major and minor cities. The international expansion of The Oberoi Group includes plans in Dubai, Greece, Oman, Abu Dhabi, Morocco and Mauritius. The contract signings have been completed for these locations and the work is already in progress.
The Oberoi group has been awarded five star deluxe rating, which is the highest available rating in India, provided by the Ministry of Tourism. The Oberoi group has strength of over 12,000 employees and each of them is trained well so as to cater the needs of its customers. The company also operates in Oberoi Flight Services and Oberoi Airport Services, which provides services and catering to leading international airlines, and also operates restaurants and lounges in many of Indian domestic and international airports.
The company emphasises on continued high-end, upscale accommodation and services, and also expansion of the current ‘The Oberoi and Trident Hotels’ to have its presence all over the world. With the vision of being the best in the business, the Oberoi group is indeed one of the major players in the Indian Hotel industry.
Net Sales: Rs. 1323.09 crores
Market Capitalisation: Rs. 6458.73 crores
1. Indian Hotels Company Limited (Taj)
Indian Hotels Company Limited (IHCL) along with its subsidiaries is collectively known as Taj Hotels, Resorts and Palaces.
The IHCL was established in the year 1903 when Jamsetji N. Tata, the founder of Tata Group opened up the company’s first property The Taj Mahal Palace Hotel in Bombay. The Taj hotels are considered as a symbol of Indian Hospitality and have completed over 100 years in the hospitality business.
The IHCL now comprises of 93 hotels spread across 55 locations in Indian and an additional 16 hotels in international destinations like Maldives, Malaysia, Australia, USA, Sri Lanka, UK and Middle East. The IHCL hotels are spread across locations to cater its customers from main industrial locations, major cities to hill stations, beaches and historical places.
The IHCL group has strength of over 25,000 employees who are trained well to cater to its servicing business and to make a delightful experience for its customers. A study shows that a guest interacts with a staff member for 41 times a day. The hotel chain has a total of over 13,000 rooms in its market share to cater the need of the complete market sub-segment from super-luxury to economy. The servicing business of IHCL is divided into 4 sub-segments i.e. Taj Hotels, Resorts and Palaces to cater the Luxury end of business, Vivanta by Taj to meet the needs of Upscale end of business, the Gateway to cater to the Mid-scale market segment and Ginger Hotels for the economy segment of the market.
Taj has also started its hospitality business in the Private Luxury Jets, Air catering and Travel Services. With the unparalleled class of hospitality provided by IHCL to its end customers and businesses, and with the ever-growing hospitality sector, Taj has been and will be one of the top players in the Indian Hotels sector.
Net Sales: Rs. 2024.38 crores
Market Capitalisation: Rs. 7428.75 crores
All the major hotels in the hospitality sector of India were selected. Various subsectors were considered like the luxury hotel chains, restaurant chains and family holiday chains. Top 18 companies were shortlisted among all the mentioned sub-sectors. The final selection of top 10 industries was based on the Net Sales of the company with a small focus on the Market capitalisation in a given financial year.
Here is the list of the top 10 online acquisitions in India in 2015. In recent years, the Indian online ecosystem has really taken off and come into its own—driven by factors such as massive funding, consolidation activities, evolving technology and burgeoning domestic market. India’s e-commerce market was worth $2.3 billion in October, 2014 and retail consultancy Technopak has estimated its value will increase more than 10 times to $32 billion by 2020. More, since the online market at present accounts for less than five per cent of India’s retail business, there still is a huge untapped space in e-commerce. This has given an opportunity to the strong players of the internet industry to strengthen themselves as the market leaders by acquiring some of the relatively smaller-sized companies.
10. Housing.com acquires Realty Business Intelligence Private Limited
Housing.com in May, 2015 announced that it has acquired an information portal focused on real-estate industry.
Image: Company Website
Housing.com, founded in June 2012 by IIT-Bombay graduates, is a real estate search portal serving more than 40 cities in India. It is headquartered in Mumbai and allows a customer to search for housing based on geography, number of rooms etc. Currently, it has more 6,000 brokers associated with it. It is backed by Japan’s telecom giant Softbank, Falconedge and other investors. Realty Business Intelligence Pvt. Ltd focuses on risk assessment, back-end research and project monitoring for the realty projects. It provides these services to lenders, investors and buyers.
By acquiring Realty Business Intelligence Pvt Ltd., Housing.com is looking to strengthen the technology platform and consumer promises to conduct a comprehensive collateral risk assessment to validate the new projects.
Price of the deal: Rs 5 Crore
9. BookMyShow Acquires Eventifier
BigTree Entertainment Ltd-owned entertainment ticketing portal BookMyShow on 10th Febrary, 2015 announced that it has acquired a majority stake in social media analytics start-up Eventifier.
Image: Company website
BookMyShow is an online movie and events ticketing platform. It offers to sell tickets for movies, plays, concerts and sporting events on its online platform. BookMyShow also offers information on upcoming movies and events, show timings and venue details. Eventifier was founded in 2012, is a software solution company. Its software primarily consolidates the track and analyzes content feed on social media platforms generated during a targeted social media campaign.
Eventifier will cater to BookMyShow’s social media marketing needs in the cinema and events space, but will eventually integrate as a part of Bookmyshow’s strategy for diversified business offerings. Eventifier’s platform is expected to perform analytics and marketing for Bookmyshow to help brands increase their outreach.
Price of the deal: Rs 12-13 Crore
8. Filatex Fashion acquires Vogue4all.com
Hyderabad based Filatex Fashion in March, 2015 announced that it has acquired ecommerce portal Vogue4all.com.
Image: Company Website
Filatex Fashion manufactures branded socks for popular brands like Fila, VIP, Centro, Adam Phillip and Inmark etc. Vogue4all.com is an online store for global designer wear collection. Vogue4all.com gets around 1000-1500 hits daily. The deal is aimed at increasing Filatex Fashion’s sales from Rs 30 crore to the level of Rs 70 crore using an ecommerce platform.
Price of the deal: Rs 20 Crore
7. Godrej Nature’s Basket acquires Ekstop Shop Private Limited
Godrej Nature’s Basket acquired the online grocery store Ekstop Shop Private Limited in February, 2015.
Image: Company Website
Godrej Nature's Basket is a retail venture of the Godrej group. It was started in 2005 as a single fresh food store.Its stores are strategically located in Mumbai, Delhi, Pune, Bangalore and Hyderabad. Ekstop Shop Pvt. Ltd. is an online store dealing in grocery and daily essentials. It processes around 165 orders a day. It was founded in 2012 and started its operation from Mumbai. It has gradually expanded to other cities as well like Pune, Delhi, and Bangalore etc. Ekstop.com competes with the likes of BigBasket, Grofers etc. With the acquisition of Ekstop.com by Godrej Nature’s Basket, it will look to capture the online market for groceries which is expected to evolve into Rs 60,000 Crore industry.
Price of the deal: Rs 30 Crore
6. Askme acquires Bestatlowest Online Services Pvt. Ltd.
Askme.com in May, 2015 had acquired Delhi Based Bestatlowest Online Services Pvt. Ltd.
Image: Company Website
Askme, owned and operated by Getit Infoservices Private Limited was founded in 2011. It offers information on various product and services like restaurants, travel, jobs, matrimony etc. It is present on varied platforms like voice, mobile and internet. Bestatlowest Online Services Pvt. Ltd. was founded in 2013 and is an online grocery store in Delhi. It claims to operate 24x7 and deliver its services within few hours of placing the order. The team of Bestatlowest.com will work on integrating it into askmegroceries.com to enable retail inventory sync between physical and online stores.
Price of deal: Rs 64 Crore
5. Simplilearn acquires Market Motive
Simplilearn had acquired Silicon Valley-based Market Motive in June, 2015.
Image: Company Website
Simplilearn is an online provider of education and training for professional certification founded in 2009. It offers more than 250 plus professional certification training courses. These courses span across 20 verticals. It has a presence in over 150 plus countries. Simplilearn was also ranked 4th at the Deloitte Technology Fast50 India awards in 2012. Market Motive builds a curriculum for clients, which also consist of Fortune 500 companies, to train professionals on digital marketing. Post acquisition, Market Motive will continue to operate as an independent arm of Simplilearn and aims to attract more working professionals to do digital marketing courses in web analytics, social media marketing, SEO, content marketing etc.
Price of the deal: Rs 64 Crore
4. Makemytrip.com acquires Mygola
Online travel services provider MakeMyTrip.com on 22nd April, 2015 acquired intuitive travel planner Mygola.
Image: Company Website
MakeMyTrip.com is India’s leading online travel company, founded in 2000, which provides instant booking and comprehensive range of best-value products and services like flights, hotels, holiday packages, bus travel etc. MakeMyTrip.com works in highly competitive set-up with players like Goibibo.com, Yatra.com, and Cleartrip.com etc. Mygola.com was founded in 2009. It started as a website for travellers where a user would get a personal planner for their travel plans. The company received initial funding in 2010 and raised another round in 2011. Helion Ventures and Blumberg Capital invested $1.5 million in Mygola taking the total amount raised to over $2.6 million.
Price of the deal: Rs 64 Crore
3. mGage India Pvt. Ltd acquires Unicel Technologies
mGage India Pvt. Ltd announced in May 2015 that it has acquired Unicel Technologies in an all-cash deal.
Image: Company Website
mGage India Pvt. Ltd. is a global mobile engagement provider in Mobile Customer Relation Management. mGage has a cloud-based technology with service as a platform, which enables brands to personalize their mobile communications for marketing and customer care interactions i.e. through mobile messages across different channels including SMS, voice, push, social, and social messaging apps. It currently has over 800 plus clients across the world. Unicel Technologies, founded in 2003, provides companies to communicate by using SMS, voice, e-mail and mobile chat facility. mGage India Pvt. Ltd. have over 1000 clients, including fortune 500 brands in India.
Price of deal: Rs 80 Crore
2. Ola cabs acquires TaxiForSure
Ola Cabs has acquired its rival in the taxi aggregator space, TaxiForSure March, 2015.
Image: Company Website
OlaCabs is a popular mobile app for personal transportation. Founded in 2010, Ola started as an online cab aggregator in Mumbai, but now is based out of Bangalore. By late 2014, OlaCabs had a fleet of 200,000 cars across 100 cities in India. Taxi booking facility on Ola can be availed through app and website. TaxiForSure.com is a taxi aggregator company based in Bangalore, India. It provides facility to book a cab through mobile app, website or calling on a helpline number.
After the merger, Ola and TaxiForSure will continue to operate as separate entities. TaxiForSure’s leadership and 1,700 employees will continue to work with it. The deal will strengthen Ola’s presence in personal transportation segment competing with Meru Cabs and Uber.
Price of the deal: Rs 1240 Crore
1. Snapdeal acquires Freecharge
Online marketplace Snapdeal on 8th April, 2015 had acquired mobile recharge platform Freecharge.
Image: Company Website
Snapdeal is an online marketplace founded in February 2010. Snapdeal is promoted by Jasper Infotech Pvt. Limited – a marketing solution firm in consumer products, financial services, technology and telecom, consumer durables, and retail industries. SoftBank is the largest investor in Snapdeal with investments worth $627 million in October 2014. FreeCharge.in is an e-commerce website headquartered in Mumbai, Maharashtra founded in 2010. It is concerned with providing online facility to recharge any prepaid mobile phone, postpaid mobile, DTH & Data Cards. Snapdeal is currently backed by investors like Sequoia Capital, Ru Net etc. Also, FreeCharge offers free coupons of various kinds with every recharge.
FreeCharge will give Snapdeal an access to a younger audience as it is quite popular with the customers between the age of 16-24 years because the segment tends to use recharge their pre-paid packages with a small amount. Post acquisition, Snapdeal and FreeCharge would be able to carry-out cross-selling of their services. The customers will have access to the widest selection of products and services online.
Price of the deal: Rs 2880 Crore
1. Searched for all the online acquisitions of 2015 in India from various websites till August. Narrowed the research to include only the cloud based services, IT services, social media, ecommerce acquisitions.
2. Ranking done on the basis of the price of the deal.
Here is a list of the top 10 companies in Australia in 2015. Australia, a country as well as a continent, is the world’s 6th largest by area. It is an extremely wealthy economy, having low levels of poverty and high per capital income. Some of its biggest cities Sydney, Melbourne, Adelaide, Brisbane etc are most popular across the world. From retail to banking services, Australia has some of the biggest companies in the world.
10. Suncorp Group
Suncorp is a leading financial institution in Australia, based out of Brisbane.
Found in 1996, the company has grown at a significant pace and has over 15000 employees working as a part of the organization. It has expertise in the following domains across Australia and New Zealand: General insurance, Banking, Life insurance, Superannuation, Wealth management. The company is a highly profitable organization. As a part of its great branding across Australia, Suncorp has the name rights of Suncorp stadium in Brisbane, which impacts its brand positively.
Sales: $14.9 B
Market Value: $13.5 B
AMP is one of the biggest banking companies in Australia.
Image: company site
Having more than 160 years of work experience, AMP has grown over the years providing excellent customer focused banking services to its customers. It is a leading company having expertise in wealth management across New Zealand and Australia. It has over 5400 employees in the organization and has its global offices is almost all major countries. Apart from that, the brand has a strong presence owing to its $18bn assets. In terms of handling customer finances, its manages a portfolio of over $215bn
Sales: $15.6 B
Market Value: $14.8 B
8. Telstra Corporation Limited
Telstra is Australia’s leading telecommunications and information services company. Telstra was founded in 1975 by the name of Australian and Overseas Telecommunications Corporation (AOTC). It provides 16.4 million mobile services, 3 million fixed broadband services and 7.4 million fixed voice services in the country. It markets voice, mobile, internet services, television products and services. Telstra owns and operates its retail stores known as Telstra Stores. Telstra is also present in 15 countries across the globe.
Sales: $22.9 B
Profits: $4.2 B
7. Australia and New Zealand Banking (ANZ) Group Limited
The Australia and New Zealand (ANZ) Banking Group Limited founded in 1951 after the merger of Bank of Australasia with the Union Bank of Australia Limited, is the third largest bank by market capitalization in Australia, after the Commonwealth Bank and Westpac Banking Corporation and the largest bank in New Zealand. ANZ also operates in 34 nations and was also awarded as the world’s most sustainable bank in the 2008 Dow Jones Sustainability Index.
Domestic operations make up the major part of The Australia and New Zealand Banking Group Limited's business, with commercial and retail banking as the core domain. Various products of ANZ are: Finance and insurance, Consumer Banking, Corporate Banking, Private banking, Investment Banking, Investment Management, Global Wealth Management, Private Equity, Mortgages and Credit Cards.
Sales: $32.6 B
Profits: $6.7 B
6. National Australia Bank (NAB) Limited
National Australia Bank (NAB) Group was formed in 1893 and merged with Commercial Banking Company of Sydney to be renamed as National Australia Bank. It is a financial services organization with more than 1,700 stores and business banking centers serving over 12,700,000 customers. The National Australia Bank Group is organized into nine divisions, spread across four geographic regions: Australia, New Zealand, USA, Europe and Asia. Few of the brands of NAB are: MLC, Ubank, NAB Private Bank, Clydesdale Bank, Yorkshire Bank, Bank of New Zealand and Great Western Bank.
Sales: $33.4 B
Profits: $4.9 B
5. Westpac Banking Corporation
Westpac Banking Corporation is financial-services provider headquartered in Westpac Place, Sydney. It is also the second-largest bank in New Zealand. It started its operations in 1817 as Bank of New South Wales and was renamed as Westpac Banking Corporation in 1982. Westpac has over 12.4 million customers with a branch network of 1200 branches and 2900 ATMs. It is also the second-largest bank by assets in Australia.
Westpact Banking Corporation’s core business activities consist of: Westpac Retail and Business Banking (RBB), Westpac Institutional Bank (WIB), BT Financial Group, St.George Bank Group (including BankSA, Bank of Melbourne and RAMS), Westpac New Zealand, ATM Alliance, Westpac Migrant Banking, Pacific Banking and Banking Alliance for Women.
Sales: $35.6 B
Profits: $6.9 B
4. Commonwealth Bank of Australia
The Commonwealth Bank of Australia was founded in 1911 by the Australian Government. The government fully privatized it in 1996. It is a multinational bank with businesses across New Zealand, UK, Asian Countries, US and Fiji. The strategic strengths of the Commonwealth Bank of Australia are: brand, scale and diversified mix.
Commonwealth Bank of Australia also provides financial services including retail, business and institutional banking and funds management etc. The Group also offers investment products and superannuation. It also has brands like Bankwest, Colonial First State Investments Limited, ASB Bank, Commonwealth Securities Limited and Commonwealth Insurance Limited.
Sales: $39.6 B
Profits: $8.1 B
3. Wesfarmers Limited
Wesfarmers Limited is one of Australia's largest retailers and is head-quartered in Perth, Western Australia. The company was founded in 1914. Wesfarmers is also the largest private employer in Australia. In 2007, it acquired Coles Group retail business. Its diverse business operations include supermarkets, home improvements, office supplies and department stores; coal production and export; chemicals, energy and fertilisers; and industrial and safety products.
Sales: $55.2 B
Profits: $2.5 B
2. Woolworths Limited
Woolworths Limited is a company with extensive retail interest in Australia, with being the largest food & takeaway liquor retailer and largest hotel operator in the country. It was founded in 1924. Woolsworths Limited is listed on Australian Security Exchange. The company operates supermarkets by the brand names: Woolworths and Safeway. It also acquired EziBuy in 2015 to drive online growth in General Merchandise.
Sales: $55.5 B
Profits: $2.2 B
1. BHP Billiton Limited
Image: company site
BHP Billiton is a multinational mining, metals and Petroleum Company head-quartered in Melbourne, Australia. It was founded with the merger of Broken Hill Proprietary Company Limited (BHP) and Billiton plc in 2001. The company has four primary operational units spreading across 11 countries namely: coal, copper, iron ore, petroleum and potash. . It also has two subsidiary logistics companies BHP Transport and Logistics Pty Ltd and BHPB Freight Pty Ltd.
In 2014, BHP Billiton announced that it will be creating independent global metals and mining company based on a selection of its metal assets. BHP Billiton was the world’s largest mining company measured by 2013 revenues.
Sales: $63.1 B
Profits: $10 B
1. Selected all the Australian companies across various sectors like Banking, Mining, Energy, Retail, Telecom etc.
2. Ranking was done on the basis of the sales of the firm as per the latest data. Since, few of the companies belonged to Banking sector having very high assets, the same was not considered for ranking criterion as it would have led to distortion.
Here is a list of the top 10 conglomerates in the world in 2015. Conglomerates are a group of companies which are spread across various sectors. Across the world there are major companies which form the backbone of businesses. Big names like GE, Siemens, United Technologies, 3M etc are a part of the list.
Founded in 1969, with its headquarter at Washington, D.C., United States , Danaher is an American multi-national conglomerate.
It operates in the fields of design, production and marketing of Industrial and consumer products. It comprises of group of companies which primarily focuses in five segments: Test & measurement, Dental, Industrial Technologies, Environmental, and Life Science & Diagnostics. n October 2014, Danaher Corp announced it would be combining its communications unit with NetScout System to match sector interest in cyber security. It has diverse array of product such as Fluke Networks, Keithley, Techtronix, paloDEx, Qualitrol etc.
Sales: $ 19.9 bn
Profits: $2.6 bn
Assets: $37 bn
9. CK Hutchison
Founded in 1950, Ck Hutchison is Hong Kong based conglomerate and serves various sectors such as Real Estate, investement, life-sciences, IT , Hotels, Telecommunication and internet.
Image:social media page of company
It employs more than 10000 employees. CK Hutchison comprises of nine companies in Hong Kong. The primary of them are CK Hutchison Holdings Limited, Chueng Kong Infrastructure Holdings Limited, Power assets Holding Limited, Hutchison Asia Telecommunication Limited, TOM group Limited etc.
Sales: $3.4 bn
Profits: $6.9 bn
Assets: $59.1 bn
3M is a American multinational conglomerate corporation based in St. Paul, Minnesota.
It was founded in 1902 at tTwo Harbors, Minnesota by Dr. Danley Budd, Henry Bryan, Hermon Cable, John Dwan. It was earlier known as Minnesota Mining and Manufacturing Company. 3M comprises of a group of companies with operations spanning across America, and through some of its businesses, the world. It produces more than 55000 products including : adhesives, laminates electronic, medical, dental and orthodontic products, electronic materials, medical products, car-care products . It is operational in more than 60 countries and caters to more than 200 countries with its diverse array of products. 3M employs over 88000 employees
Sales: $31.8 bn
Profits: $5 bn
Assets: $31.3 bn
ABB is a multinational corporation headquartered in Zurich, Switzerland, and was formed by the amalgamation of Swiss and Swedish industrial giants.
It happened through merger of ASEA(1883) of Sweden and Brown & Cie (1891) of Switzerland. ABB operates mainly in robotics as well as power and automation technology areas. It was founded in 1988 As on July 2012, it had more than 150000 employees.as of July 2015, ABB is valued at about 1.3 times its revenue in the past 12 months.As a part of its diversification, ABB is constantly been involved with acquisition of various companies worldwide.
Sales: $40.1 bn
Profits: $2.6 bn
Assets: $45.2 bn
6. Honeywell International
Honeywell International was founded in 1906 in Wabash, Indiana by Mark C. Honeywell.
Its present name is the result when it was acquired by AlliedSignal in 1999. Honeywell is in Fortune 100 companies and employs over 130,000 employess worldwide. Honyeywell Group operates primarily on the production and marketing of various commercial and consumer goods, engineering services and aerospace system. Presently, it is headquartered at Morristown, New Jersey, United States. In July 2015, Honeywellannounced that it had acquired Elster, which manufactures water and gas meters and control devices
Sales: $40.3 bn
Profits: $4.2 bn
Assets: $45.5 bn
5. Jardine Matheson
Jardine Matheson is a Chinese congleromateand was founded in 1832. Jardine Matheson is a diversified business group focused primarily on Asia.
It is based in Bermuda and is primarily listed on the London Stock Exchange. It serves a wide array of sectors such as Retail, Real Estate, Financial Services, Shipping and Aviation, Hotels etc. Jardines comprises of a group of companies with operations spanning across Asia, and through some of its businesses, the world. The firm’s business interests include Jardine Pacific, Jardine Motors, Hongkong Land, Dairy Farm, Mandarin Oriental, Jardine Cycle & Carriage, through which its interest in Astra is held, and Jardine Lloyd Thompson. The Group also has strategic interests in other entities.
Sales: $39.9 bn
Profits: $1.7 bn
Assets: $66.5 bn
4. Hutchison Whampoa
Formed in 1863, Hutchison Whampoa is among the oldest conglomerate in the world. It is headquartered at Victoria, Hong Kong.
A Fortune 500 company Hutchison Whampoa limited is an investment holding company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL was an international corporation with a various holdings which included the world's biggest port and telecommunication operations in 14 countries and run under the 3 brand. Its business also included retail, property development and infrastructure. It employed over 250000 employees.The six core businesses of Hutchison Whampoa are ports and related services, property and hotels, Retail, Infrastructure, Energy and Telecommunication.
Sales: $35.1 bn
Profits: $8.7 bn
Assets: $113.9 bn
3. United Technology
United Technologies Corporation (UTC) is an American multinational conglomerate, with headquarters in Hartford, Connecticut, United States.
Founded as United Aircraft in 1934, the name was changed to United Technologies Corporation in 1975 to reflect the intent of diversifying into other high tech technologies other than aerospace. It researches, develops and manufactures high-technology products in diverse areas, including aviation, fuel cells, elevator etc. It employs more than 218300 employees. Its various business Units include Carrier, UTC Aerospace System, Otis Elevator Company, Pratt & Whitney Sikorsky Aircraft, UTC Fire and Security etc.
Sales: $65.2 bn
Profits: $ 6.2 bn
Assets: $91.3 b
Founded in 1847 by Werner von Siemens ,Siemens is one of the oldest and most renowned conglomerate in the world.
Siemens is a German multinational conglomerate company headquartered in Berlin and Munich, Germany and has operations in around 190 countries. It is the regarded as one of the greatest engineering company in Europe. Siemens along with its subsidiaries operates in Business Services, Healthcare, Financial project engineering and construction. Various products of Siemens include power generation Technology, industrial and buildings automation, medical technology, railway vehicles, water treatment system and alarms etc. Siemens and its subsidiaries employ approximately 362,000 people worldwide .
Sales: $ 97.4 bn
Profits: $6.7 bn
Assets: $131.6 bn
1. General Electric
Founded at Schenectady, New York, U.S. by Thomas Edison, Charles Coffin, Elihu Thompson, Edwin Houston, General Electric (GE) is the largest multinational conglomerate of the world based out of America.
The company was founded by the name of Edison General Electric in 1889 in Schenectady, New York, backed by J.P. Morgan and Anthony J. Drexel for financing Edison’s research. Currently, the company is headquartered in Fairfield Connecticut, United States. It serves in diverse arrays of sectors such as aircraft engines, Electric Distribution, Electric Motors, energy, finance, gas, healthcare, Locomotives, oil, software etc. with Power and Water, Oil and Gas, energy Management, Aviation, Healthcare being its primary business Division. It employs more than 30700 employees.
Sales: $148.5 bn
Profits: $15.2 bn
Assets: $648.3 bn
The biggest conglomerates across the world were shortlisted and they were ranked on sales and assets weighed average.
Here is a list of top 10 personal computer(PC) and laptop brands in the world in 2015. The global laptop market will grow at a CAGR of (1.0)% in terms of revenue during 2014-2019. The market leaders in the laptop industry are Dell, HP, Lenovo, ASUS along with other prominent brands like Apple Mac Book, Sony Vaio, Toshiba, Fujitsu and Acer.
Fujitsu is a Japenese multinational which is headquartered in Tokyo, Japan and is one of the third largest IT Service provider measured by revenues after IBM and HP.
Image: company site
The company was established on June 20,1935 under the name of Fuji Telecommunications. The company produces various computing products. The company has almost 162000 employees and is present in more than 100 countries. The company celeberates its 80th anniversary since its establishment in the 1930s. Fuitsu’s all notebooks and tablets PCs are reported to be globally compliant with the latest energy star standard. Fujitsu has also been ranked 3rd among the 21 companies by Greenpeace’s Cool IT leaderboard of February 2012, which evaluates global IT companies on their leadership in the fight to stop climate change. The company had an old slogan “The possibilities are infinite”and hence its logo is like the infinity and now it is in the process of rolling out a new slogan “possibilities are infinite.
Fujitsu market share - 0.5%
9. Sony Vaio
Vaio corporation manufactured personal computers at one point of 21st century and unfortunately it stopped doing so.
Image: company site
Introduced in 1996, the PC business of Sony was sold to Japan Industrial Partners in February 2014 so as to restructure corporation to focus on mobile devices. The word Vaio meant Video Audio Integrated Operation which was amended to Visual Audio Intelligent Organizer in 2008 celebrating the 10th anniversary of the brand. It was on 4th February 2014, that it was announced that the Sony would sell its Vaio PC business due to its poor sales and the sale closed on 1st July 2014. Vaio had a wide range of products ranging from notebooks, subnotebooks to media centres.Sony Vaio models used to come with the Sony's XBRITE displays and it was claimed that the products had smooth finish and a sharper screen display. The company had a meagre international market share of almost 0.6% according to 2014 figures.
Sony market share - 0.6%
Samsung Electronics Co,. Ltd is one of the market leaders in consumer electronics with is headquarters at Suwon, South Korea.
Image: company site
The company is a subsidiary of Samsung Group and accounts for almost a huge 70% share of group's revenue.Samsung Electronics has a presence in more than 80 countries and 370000 employess across different geographies.CEO of Samsung is Kwon Oh-Hyun since 2012. Earlier Samsung was manufacturer of electronic components for clients like Apple, HTC etc., however in recent years Samsung has emerged as a company with diverse portfolios and today it stands as the world's largest mobile and smartphone manufacturer. The company is listed in Guide to Greener electronics by Greenpeace, which rates electronics companies on policies and practices to reduce their impact on the climate.The company is also listed in Dow Jones Sustainability Index. The company is the market leader when it comes to Mobiles and Smartphones but lags behind when it comes to laptops and market share and hence is almost on the fag end of the top 10 Laptop and computer brands in the world by market share.
Samsung market share - 2.7%
Toshiba was founded in 1938.Its is a Japenese multinational headquartered at Tokyo, Japan.
Image: company site
Toshiba was a product of merger between Shibaura Seisakusho and Tokyo Denki. Toshiba offers a wide variety of diversified products and services including IT services, communications equipment and sustems.Toshiba has four business groupings : the Digital Products Group, the Electronic Devices Group, the Home Appliances Group and the Social Infrastructure Group.In 1977, Semp, a Brazillian company was acquired by Toshiba.In 2012, Toshiba acquired IBM's point of sale business for $850 million, making it the world's largest vendor of point-of-sale systems.Presently Toshiba has aroud 210,000 employees and has registered 2483 patents in the US in 2011.On the environmental front, Toshiba hasnt made much of efforts.Toshiba also had constructed Unit 3 of Fukushima Daiichi Nuclear Power Plant which was damaged on March 14, 2011. However, Toshiba stands in the top 10 brands of laptops and computers according to its market share as per 2014.
Toshiba market share - 6.6%
The most valued and admired brand in the world, Apple needs no introduction.
Founded by Steve Wozniak and Steve Jobs and Ronald Wayne on April 1, 1976. The company was incorporated as Apple Computer, Inc. on January 3, 1977. It was then renamed as Apple Inc. on January 9, 2007 when it came up with Iphone. Being the second-largest information technology company after revenues on the basis of revenue. It has got 98000 permanent employees and has presence in 16 countries with its retail stores. Apple sells a wide variety of computers, be it MacBook, MacBook Air or Mac Mini.The most famous of the computers by Apple is Macbook which is a brand of notebook computers manufactured by Apple Inc. from early 2006 to late 2011 and relaunched in 2015. The MacBook is aimed at the consumer and education markets and collectively, the MacBook brand is the leader in the premium segment of laptops. Apple stands in the toop 10 of the computer and laptop brands with a market share of more than 9% in the year 2014.
Apple market share - 9.3%
Founded by Stan Shih and his wife Carolyn Yeh with a group of five others in 1976, Acer was given a name Multitech.
Image: company site
The company has got its headquarters at Hsinchu City, Taiwan. The company had 11 emplyees initially and $25000 in capital initially. By 2005, Acer had employed 7800 people worldwide with revenues of 11.31 in 2006.Acers lower costs and dedication to only one channel has made it on eof the successful companies in the world. It was November 2013, when CEO J.T.Wang and President Jim Wong both resigned due to company's financial performance. In July 2011, Acer bought iGware Inc. for $320 million to enter into one of the most potentially lucrative markets of cloud computing. Acer was rated 7th highest of 24 consumer electronics companies for its Enough Project. Today, Acer is giving tough competition to other companies in the laptop and computers market and is in our top 10 brands of laptops and computers according to its market share.
Acer market share - 10.0%
The Taiwanese multinational trading under the name ASUSTeK Computer Inc. is a computer hardware and electrnics company headquartered at Beitou, Taipei, Taiwan.
Image: company site
ASUS was founded by T.H.Tung, Ted Hsu, Wayne Hsieh and M.T.lao in 1989, all of the four founders had worked in Acer as hardware engineers.The company is known for its everchanging taglines with "Rock solid, heart touching" to "Inspiring innovatin, Persistaent Perfection" and currently "In search of Incredible". Appearing in the Infotech 100 by BusinessWeek,Asus has been ranked in Asia's top 10 IT Companies with a total brand value of $1.3 billion.Today ASUS operates across 32 countries and 50 service sites with over 400 service partners worldwide. The products offered by ASUS include laptops, tablet computers, desktop computers and various other electronic gadgets.As far as company's recognition is concerned, ASUS obtained IECQ (IEC Quality Assessment System for Electronic Components),HSPM(Hazardous Substance Process Management) certifications in 2006.It als recieved 11 Electronic Product Environmental Assessment Tool (EPEAT) Gold Awards for its products. Asus stands fourth in marketshare.
Market share - 11.0%
Michael Dell at the age of 19 founded PC's limited with $1000.
Image: company site
He had a game changing vision for how technology should be designed, manufactured and sold ultimately. The industry's fastest performing PC, what Dell cliams, was unveiled by the company in 1986 which was having 12Mhz, 286-based system at the Spring complex trade show. In 1987, Dell came out with its first international subsidiary in the United Kingdom.Today after 1 year of privatisation, the company is the fastest growing company in the world with revenue growth outpacing the market. Dell is also a global storage leader.Dell is the first company in the IT industry to establish a product-recycling goal and completed the impementation of its global consumer recycling-program in 2006. The Dell is one of the market leaders today and ranks in top 3 according to its market share of 2014.
Dell market share - 12.3%
With headquarters in different places ranging from Beijing, China to Mrrisville, North Carolina, US, the chinese multinational company is giving a tough competition to HP in computers and laptop market.
Image: company site
It was founded in 1984 and incorporated in 1988 and in 2005, the company acquired IBM's personal computer business.For the first 20 years, the company's name was Legend, however in 2003, the company came out with the new name Lenovo.Recently, in 2015, Lenovo revealed a new logo with the slogan "Innovation never stands still".Lenovo's operations is widely spread across the globe in more than 60 countries and sells its products in around 160 countries.The main computers which it offers in Thinkpad, Thinkstation and Idea pad amongst a huge variety of computers. Lenovo stands 2nd to HP in terms of the market share as the 2014 figures with a market share of 17.5%.
Lenovo market share – 17.5%
It was the year 1930 when Bill Hewlett and Dave Packard met at Stanford university and cemented their partnership in a small garage on Addison Avenue.
Image: company site
This landmark is also known as the “Birthplace of Silicon valley. Their partnership gave birth to an American company headquartered at Palo Alto, California, United States named HP. In 1947, HP incorporated and in 1957, it went Public. The company took over Compaq in the year of 2002 and today it sells both HP and Compaq brands. In 2006, HP Services were launched. HP entered into the home-computing market in the year of 1995 by the name HP Pavillion PC and since then it has become one of the most popular brands in the world. Today HP produces a line of computers and is one of the market leaders in the world. HPs laptops are simple and is said that they never go out of style. The company on environmental fronts is also very responsible as it produces of more than a billion ink cartridges manufactured with recycled plastic and planet’s first PVC-free printer, the HP ENVY 100 e- All-in One. The company today ranks number 1 in the world according to its market share.
HP market share - 20.1%
Here is a list of the top 10 media companies in the world. This list has some of the biggest global names like Disney, Comcast, Time Warner, Viacom, Dish, 20th Century Fox, DirecTV etc. The media companies have really changed the way we live our lives and they would continue to influence our lives with penetration of TV, internet and smartphones.
10. Viacom Inc
Viacom was established in New York in the year 2005.
Revenues - $13.9 billion
Viacom is one of the biggest creator and supplier of entertainment material. It supplies entertainment worldwide. Audience for Viacom is typically via digital, films and television. Big brands such as Nickelodeon, Comedy Central, TeenNick, Centric, Spike TV etc come under Viacom. The company also operates gaming businesses through various websites. Typical website used by the company is AddictingGames.com. Big brand names like Paramount Pictures, nickelodeon and MTV Films are included in its entertainment business portfolio.
As of December 2014 the company has 27.62$ billion market cap and $13.78 billion annual revenues. The company has more than 11000 employees worldwide. Company headquarters is located in Manhattan New York. Sumner Redstone is the executive chairman of the company whereas Philippe Dauman is the president and CEO.
Existing Viacom was created on December 31, 2005. It was actually a spinoff from CBS Corporation. At the same time the company changed its name from Viacom to CBS. It is CBS which retains control of the over-the-air broadcasting. Even things like TV production and outdoor advertising is controlled by CBS. Gulf Western was the predecessor firm of Viacom. It later became Paramount Communications and Westinghouse Electric Corporation. In all the company is a combination of BET Networks, Paramount Pictures and Viacom Media Networks. The company operates approximately 170 networks. Using this it is reaching almost 700 million customers in more than 160 countries.
9. CBS Corporation (CBS)
CBS Corp is an American corporation in the field of mass media.
Revenues - $14.1 billion
It is in the business of creating media content for the global audience across various platforms. It is not only creating the content but distributing the same across many sectors. It mainly operates across TV and radio, but has some presence in the print media sector as well. Moreover it provides advertising services which includes the complete management of many public displays for eg. billboards, public transport and infrastructure trains etc. The company was formed in 2005 and has its headquarters New York. As of 2014, $29.60 billion is its market capital and $14.98 billion annual revenue. In 2006 the company began its trading in the NYSE. Till that date the company was known as Viacom which was also its legal successor. After that a new company was formed by the name of Viacom. Viacom was actually spun off from CBS. As far as control of air television, broadcasting on the radio etc it is under CBS control and not Viacom. Even recording, TV production, distribution, basic cable, pay-cable and publishing are owned by CBS. In 2006, CBS and WB launched a new network CW Television Network. It was deputed in September with a 2 hour premiere show of America’s Next Top model. Both the companies own 50% stake in this network.
The company has more than 11000 employees worldwide. Company headquarters is located in Manhattan New York. Sumner Redstone is the executive chairman of the company whereas Leslie Moonves is the president and CEO
8. Dish Network Corporation
Dish Network Corporation or Dish is a direct-broadcast satellite service provider based out of USA.
Revenues - $14.6 billion
It has a total revenue of $14.6 billion and a market cap of $35.5 billion. Through its multiple subsidiaries, it provides direct satellite broadcast of TV services, additionally providing broadband services, movies and games on demand for rental or for sale. It has its headquarters in Meridian, Colorado. According to the 2015 data the services are being provided to13.93 million TV users and 595000 broadband subscribers. The company has close to 19000 employees.
It was born by the spinning off of Echostar which was founded by Charlie Ergen who was a TV equipment distributor in 1980s. Dish came to be known as a consumer brand in March 1996 after Echostar I, its first satellite as successfully launched in December 1995. The launch marked the beginning of satellite subscription TV services and Echostar has launched numerous satellites after that. It still continues to be a technology partner to Dish Network Corporation
In 2011, Joseph Clayton was made the president and the Chief Executive officer of Dish Network Corporation. Charlie Ergen remained the Chairman of the company. When Clayton retired on March 31, 2015, Ergen resumed the post. The company plans to provide internet, video and telephone service for both home and mobile applications. Dish is the #2 service provider for Satellite TV after DirecTV. The company serves more than 14 million customers mainly based in United States of America. Dish also offers bundled voice and data services through various partnerships.
7. Liberty Global
Formed in 2005 by the merger of Liberty Media & UGC, it is one of the largest media companies in the world.
Revenues: $18.2 Billion
Headquartered in London, the company has global operations spread across 14 countries. Over 35,000 employees are a part of the workforce, which shows the strength of the brand. It product portfolio and services includes Broadband internet, cable television, telephony, mobile, direct-broadcast satellite. Its cable services reaches out to close to 50 million homes. Over the past few years, the company has strengthened its position further by acquisition of many prominent players in the market. Apart from the services, it also has the Horizon TV, which is the company’s flagship platform and has sold over 10 million devices.
6. Time Warner Cable (TWC)
Time Warner Cable (TWC) is an American cable telecom company headquartered in New York USA.
Revenue: $22.8 billion
It is the second largest cable company in the U.S. by revenue second to Comcast and it operates in 29 states.
The company was founded in 1992 by the merger of Time Inc’s cable television company and Warner cable which was a division of Warner Communication. Time Warner Inc is a result of a spin off from Time Warner communication. Time Warner Communications spun off its cable operations in 2009 and since then TWC has been a completely separate company merely using the Time Warner brand in its name under license from its former parent.
Comcast tried to acquire TWC in 2014 for $45.2 billion. This deal however was opposed by various groups as well as the US government and the plan was withdrawn.
However on May 26, 2015, Charter Communications has announced its intention to acquire TWC for $78.7 billion. This transaction is expected to receive approvals by end of 2015. Robert D. Marcus is the chairman of TWC. TWC’s products include digital cable, cable internet, digital phone service, home security, cable advertising and local news channels. In 2009, Time Warner cable introduced the concept of “TV Everywhere”. This involved multi-platform access to on demand and live TV content which was tied up with the user’s subscription. Currently TWC has12.2 million residential high-speed data subscribers and 10.8 million residential video subscribers. The company employs more than 50000 people in USA.
5. Time Warner Inc
Time Warner Inc (TWI) formerly known as AOL Time Warner is an American multinational media conglomerate.
Image:social media page of company
Revenues - $28.1 billion
It is headquartered at New York City. It is the third highest revenue generator in the world TWI was formed as a result of merger of Time Inc and Warner Company. Time Warner Inc also spun of its cable and satellite TV business to form Time Warner Cable, a separate entity. Currently TWI consists of Time Inc,few assets of Warner communications and Turner Broadcasting as well as HBO. HBO is the cash cow of the company. The company also ventured in the fields of music and books but later spun that business off. It majorly operates in the business of film and television and a minority stake in publishing. Given below is a brief overview of its three divisions:
HBO: Home Box Office is a premium pay television service and is popular for airing feature films, HBO documentaries. They also have popular TV series “Game of Thrones” on their channel. Cinemax is a sister company of HBO
Turner Broadcasting System Inc: Turner brands include channels like CNN, TBS, Cartoon Network, truTV and Turner Sports. Turner also manages sport entities like NBA.com and NCAA.com
Warner Bros: Warner bros is a popular production house for film and entertainment. It is also involved in distribution and digital distribution. It includes comics like DC Comics. Warner Bros is involved in bringing the characters of DC Comics live through its movies as well.
Jeff Bekwes is the current Chairman and CEO of the company and it employs around 26000 employees.
4. Twenty First Century Fox Inc
21st Century Fox was formed by the splitting of entertainment and media properties from News Corporation which was owned by Rupert Murdoch.
Revenues - $31.8 billion
The other company is the “new” News Corporations which holds the print interests of News Corporation. This split was completed on June 28, 2013 and the company started trading on NASDAQ. Although Murdoch stated that the split was to ensure more focused management of both the divisions, at the time of the split the company’s reputation was said to be under trouble because of publishing segment in the United Kingdoms. While the company was originally announced as the Fox Group, on April 16, 2013, Murdoch announced the new name to show that the company is moving forward into the future i.e. the 21st century
Its business operations happen across four major segments which are as follows:
1. Cable Network Programming (production, licensing, program distribution, cable and satellite broadcast in Europe, Asia, Latin America, and United States of America)
2. Direct Broadcast Satellite Television (broadcast services across Germany, Italy and Austria)
3. Filmed Entertainment (production of movies for licensing and distribution)
4. Television (broadcasting and operations of network programming and TV stations)
21st Century Fox Inc has a market cap of $72.44 billion and annual revenues of $31.86 billion as of December 31, 2014.
It is headquartered in Manhattan, New York, United States of America
On January 8, 2014, Rupert Murdoch announced his plans to take the shares of 21st Century Fox off the Australian Securities Exchange, and trade them only on NASDAQ
DirecTV is an American direct broadcast satellite service provider and broadcaster.
Revenues - $33.3 billion
It is based in El Segundo, California. DirecTV is now a subsidiary of AT&T. The merger was announced on 18th may2014 at a transaction value of $48.5 billion. The merger finally got completed recently on 24 July 2015 after the approval of US Federal Communications Commission and US Department of justice.
DirecTV is mainly in the business of providing satellite TV to homes across USA, Latin America and Caribbean islands. It competes with Dish TV network in this space. DirecTV’s services are equivalent to that of local television stations, broadcast television networks, subscription television services, satellite radio services, and private video services.
Currently DirecTV has +39 million subscribers and close to $32 billion in revenue. It is split into 3 segments: DirecTV US, DirecTV Latin America, Game show Network and DirecTV Sports.
The company also offers mobile service for cars, boats, and RVs (DirecTV Mobile) as well as aircraft (DirecTV Airborne) in cooperation with Connexion by Boeing. DirecTV boasts of the maximum number of HD channels on its service. It has more than 195 full HD channels available. To achieve this, DirecTV provides its users with different receivers that can decode the HD stream with greater efficiency.
2. Walt Disney
It is the world's 2nd largest broadcasting and Cable Company in terms of revenue.
Revenues of $49.8 billion
It employs close to 1, 80,000 employees. Walt Disney and his brother Roy Disney founded the company on October 16, 1923. It was first called Disney Brothers Cartoon Studio, It was initially an animation company but later it diversified into television, theme parks and live-action film production Its prime symbol is Mickey Mouse which is also one of its earlier creations. In 1928, Disney got the idea for a new cartoon character called the Mortimer Mouse. He conceptualised the idea on a few sheets of the drawing paper. His wife Lilian did not like the ring to name Mortemier mouse and hence he named the character Mickey Mouse. Walt Disney dreamt of building a place where both children and their parents could have fun. He unveiled his theme park through Disneyland series in 1954
On December 15, 1966, Walt Disney died of lung cancer. His brother Roy Disney took over as the CEO of the company.
The Walt Disney Company operates its businesses through four primary business units.
The first business segment is the Studio Entertainment. It is the primary business unit of The Walt Disney Studios, This unit includes film, music recording and theatrical divisions
Parks and Resorts, is the business segment featuring theme parks, cruise lines, and travel-related assets like hotels.
Media Networks which include company's television properties
Disney Consumer Products and Interactive Media, is the 4th Business segment which produces merchandising based upon Disney-owned properties, as well as including Disney's mobile, social media, and computer games operations and virtual worlds
The first three segments are led by the chairman of the company, but Disney’s Consumer Products & Interactive Media are currently both led by a president and the chairman. Marvel Entertainment business also reports directly to the CEO, while its financial results are divided in between the Studio Entertainment & Consumer Products segments.
1. Comcast Corp (CMCSA)
Comcast Corporation is the largest media entertainment and communication company in the world by revenue.
Revenues - $68.8 billion
It was established in 1963 and is headquartered in Philadelphia. It run its business in 5 segments
• Cable Networks (national, regional, sports, news, international cable television networks)
• Cable Communications (video, high-speed Internet, and voice services)
• Filmed Entertainment (films and plays)
• Broadcast Television (Telemundo and NBC)
• Theme Parks (in Orlando and Hollywood)
Comcast is also the second largest Pay TV Company in the world after the AT&T-DirecTV merger. It is the largest internet service provider for homes in USA. As the owner of NBC Universal, it is also a producer of feature films and TV series that are broadcasted over the air and on cable TV
The cable only channels of Comcast include the likes of E! Entertainment Television, Golf channel and NBCSN. Over the air national broadcast channels include NBC and Telemundo Comcast is also making headway into the digital distribution of media through The Platform
Comcast was established as a spin off from Jerrord Electronics by purchasing American Cable systems .Comcast is often described as a family business. Brian L. Roberts, Chairman, President, and CEO of Comcast, is the son of co-founder Ralph Roberts. Although Brian owns and controls only about 1% of all the Comcast shares but he has all of the Class B super voting shares, which gives him an undilutable 33% voting power over the company
Comcast also has corporate offices in Detroit, Atlanta, Denver, and Manchester, New Hampshire.
The ranking list of media companies is based on revenues in 2014
Here is a list of the top 10 TV brands in the world 2015. TV has been the biggest consumer electronic since decades and continues to be an important part of an urban household. Despite increasing use of laptops, notebooks and smartphones, TV's continue to be an important business parameter. Companies like Samsung, Sony, LG are among the top players globally.
10) Vizio, USA
William Wang founded VIZIO Inc. in October 2002 which later became more popular by the name of Vizio.
Image: company site
Growing at a fast pace, Vizio within its short span spread its operation beyond the territories of USA. Started with just $600,000 and three employees: William Wang, Laynie Newsome, and Ken Lowe it went on to became one of the most popuar TV brands within a decade. Within 8 years it launched new products such as EcoHD, E, M and XVT range of TVs. The revenue of Vizio was approximately 700 million in 2006 with the company estimating to cross the 2 billion mark by 2007. High definition blu ray Audio and video players, wireless routers and apps enabled systems, razor thin LED LCD HDTVs were amongst its popular products.
Market Share: 3.1 %
9) Sharp, Japan
Sharp Electronics is one of the largest Japanese electronics multinational Corporation, started in June1912 and is headquartered at Abeno-ku.
Image: company site
It sells TV sets under the brand name – AQUOS , the flat screen televisions . Sharp is primarily known for their big screen televisions, sharper colour, better contrast and efficient LED backlighting. Later 2000, Sharp has had huge investment in LCD panel manufacturing plants such as Kameyama in 2004 and Sakai in 2009 as a part of its growth strategy. Sakai plants is the 10th LCD manufacturing plant across the globe and is used for production of large screen Television sets with 60 inch or larger panels. It has more than 50000 employees and its slogan is “Be Sharp”.
Market Share: 3.4%
8. Toshiba Corporation, Japan
Toshiba Corporation is a Japanese multinational and was originally founded as Tokyo Shibaura Electric K.K. in 1939.
Image: company site
Presently, it is one of the largest company in electronic television segment and has more than 2,00,000 employees with operations worldwide. Toshiba started manufacturing LED backlit LCD 3D TV that supports 3D compatibility without 3D glasses which was launched in December 2010 becoming an instant popular and hit product.,. Toshiba Corporation manufactures an array of TV sets – LCD , LED , LCD full HD, Smart TVs etc.
Market Share: 3.5 %
7. Panasonic, Japan
A multinational conglomerate Panasonic Electronics , is based out of Japan and is the world’s fourth largest producer of a range of television set series.
Image: company site
Established in 1918 and headquartered at Osaka, Japan, Panasonic has now internationally stretched itself to around 580 subordinate companies providing employment to more than 330,000 employees. Panasonic's operations are organized into three broad divisions and nine domain companies such as
• AVC Networks
• Eco Solutions
• Industrial Devices
• Systems and Communications
• Automotive Systems
It also associates itself with sponsorship of various sporting events such as sponsoring Football team, Borussia Dortmund and Olympic games amongst others.
Market Share: 3.7%
6. Skyworth, Hong Kong
Skyworth also called as Hong Kong Skyworth Digital Holdings Co., Ltd is a Chinese Company.
Image: company site
The company's core products, televisions and set-top boxes, are complemented by a variety of additional products and services including leasing property and major appliances. Having established in China, Skyworth has managed to spread its operation worldwide . Skyworth was established in 1988, with its headquarter located within Shenzhen High Tech Industrial Park which is more prominently known as ”China’s silicon valley”, having more than 20000 employees. It has the highest market share in domestic color TV sets and is continuously accelerating its overseas expansion.
Market Share: 4.1 %
5. Hisense, China
A Chinese multinational , Hisense Corporation is electronics manufacturing company and is headquartered at Qingdao, Shanghai, China.
Image: company site
It was started in September 1969 with 13 manufacturing plants spread across chinaIt also has a presence throughout the world mainly in Hungary, South Africa, Egypt, Algeria, France and Mexico. Hisense retails products are sold under several brand names which include Combine, Kelon and Ronshen etc and it has more than 40 subsidiaries. In Chinese Market, it has highest market share. It has wide product bases in smart TVs, 3D TVs and ultra HD TVs.
Market Share: 5.2 %
4. TCL, China
TCL is a Chinese multinational electronic company founded by Tomseng Li Dongsheng in 1981
Image: company site
It has been one of the largest electronics company since then with over 75000 employees worldwide. It is headquartered ay Huizhou, Guangdong, China. The company was founded in 1981 and after 1985 it was started to be known as TCL Telecommunication Equipment Co Ltd. It began producing consumer electronics for the Chinese market during the 1980s. It has divided its business operation in 4 main areas:
• Home Appliances
• Home Electronics / Consumer Electronics
The company as of April 2012 is in collaboration with Swedish furniture company IKEA to manufacture and sell the consumer electronics behind the Uppleva integrated HDTV and entertainment system product.
Market Share: 5.4 %
3. Sony, Japan
Sony Corporation is a Japan based multinational electronics company with headquarter situated at Konan Minato, Tokyo , Japan
Image: company site
Founded in 1946 , Sony Corporation is believed to be third biggest producer of a range of television set series and over the years has become one of the most recalled brands globally. From analog TVs to LCD displays , and the newest high definition cinematic TV systems- LED HDTV , Sony has continued quality with quantity . Trinitron was halted from production to launch new range of LCD TVs , which were more advanced to give the latest innovative Sony BRAVIA series that gives a high definition visual with amplified acoustic environs. In 2007 , the company manufactered the world’s first organic led TV popularly known as OLED ( equipped with Organic Light Emitting Diodes) , with appreciable razor slim and better scope of bright colors and vision . The company also produced the first ever HDTV powered by google , tailed by a series of internet TVs , 3D TVs aided by blu-ray recorders in a wide range of resolution , screen sizes and prices.
Market Share: 6.5 %
2. LG Electronics, South Korea
LG Electronics is a South Korean company with its headquarter at Seoul.
Image: company site
It is a multinational organization offering array of products such as mobile phones, appliances and home entertainment system such as Television, audio system etc. . LG , that vouches for “ Life’s Good” is also one of the forerunner in the manufacturing of TV sets , being number two on the list – with an range of color TVs scaling from LCD back-lit LED , plasma TVs , 3DTVs , High Definition TVs, TVs , 3D TVs aided by blu-ray recorders in a wide range of resolution , screen sizes and prices . It has more than 82000 employees worldwide.
Market Share: 14.2 %
1. Samsung Electronics, South Korea
Samsung is a South Korean multinational electronic company which deals with wide arrays of electronics and electricals devices.
Image: company site
Founded in 1938 it is headquartered at Suwon, South Korea. Its associate companies produce around 20 percent of South Korea's total exports. It is one of the most profitable and strong brand both in terms of revenue and brand recall. Replacing its contenders from the list , it has upheld the leadership in the ground of technology since 2012 .Samsung sold approx 31 million TV sets ,in the fourth consecutive year in 2009 . This South Korean company , in march 2010 manufactured the first 3D LED HDTV , which was also displayed at CES 2010 , Las Vegas . It sold more than one million TV sets across the globe with total of 1.23 million in just six months making Samsung the leader in TV world. It not just supports the economy of South Korea but also services to the rest of the world – a large variety of economical flat panel televisions with several applications . Samsung Smart TVs , internet TVs are also some widespread product types .
Market Share: 22.8 %
Here is a list of the top 10 iron and steel companies in the world in 2015. These iron and steel manufacturing companies are one of the most prominent players in the sector due to their sheer vast size of operations and their requirements in every other sector like construction, consumer goods, infrastructure etc. This list consists of big players like Arcelor Mittal, Citic Pacific, Vale etc.
Nucor Corporation an multinational American company is primarily known for manufacturing of steel and production for steel products.
Having started in 1940, the company principally operates in the following segments:
It is the largest steel producer in the US and exports its produce to manufacturer and service centres across Mexico, Canada etc. It has an employee base of more than 20000 employees worldwide and has a revenue of more than 19 billion globally.
Sales: $21.1 bn
Profits: $ 712 mn
Assets: $15.6 bn
9) Kobe Steel
A Japanese Iron and Steel company, Kobe Steel was founded in Kobe, Japan in September 1905.
In its century long history of existence it has spread its operation globally. Along with steel products it also produces diverse products such as Titanium products, structured material, cranes, a welding material etc. Various segments of its business operation are: Welding, Aluminum and Copper, Machinery, Kobelco construction machinery and cranes etc. It has around 36000 employees worldwide and around 208 subsidiary and 62 affiliate companies.
Sales: $17.7 bn
Profits: $ 666 mn
Assets: $19 bn
8) Tata Steel
Dorabji Tata founded Tata Steel Limited as Tata Iron and Steel Company Limited(TISCO) in 1907.
With its operation spread across the globe, it is headquartered in Mumbai, India. Over the years, it has acquired few of the biggest global players in the industry across the globe few of them being Natsteel, Millenium Steel and Corus in 2004, 2005 and 2007 respectively. With an approximate production of more than 24,500,000 MT of crude steel across the globe, Tata steel at present is 8th largest producer of crude steel in the world. Having ranked very high in ethical standard, it won the 2015 ‘World’s most ethical company’ under the metal industry by Ethisphere Institute.
Sales: $24.1 bn
Profits: $456 mn
Assets: $27.9 bn
7) Baoshan Iron and Steel
A Chinese Iron and steel producing company, Shanghai Boasteel Corporation is commonly known as Boasteel.
It is a state-owned iron and steel company Started in 1978 in Shanghai it is relatively younger compared to other iron and steel producer of the world. With revenue exceeding $21.5 bn and producing array of diverse products, Boasteel along with its associated companies is the third largest producer of the crude steel worldwide with an approximate production of 35,400,000 MT. It has a workforce of more than 130000 employees globally .
Sales: $30.4 bn
Profits: $940 mn
Assets: $37 bn
6) JFE Holding
It is a Japan based corporation and headquartered in Tokyo, Japan.
It was formed in 2002 by the amalgamation of two giants: NKK and Kawasaki Steel Corporation being Japan’s second and third largest steel manufacturer at the time. With core business of steel production , it is involved in diverse business operations such as high scale engineering, ship building segment, real-estate development etc. JFE holding is the sixth largest producer of crude steel in the world with approximate production of 33,000,000 MT by volume . JFE Holdings has several subsidiaries including JFE Engineering, JFE Steels and JFE Shoji
Sales: $36.3 bn
Profits: $1.3 bn
Assets: $38 bn
5) Nippon Steel and Sumitomo Metal
Nippon Steel & Sumitomo Metal Corporation was formed in 2012 after the amalgamation of two big iron and steel players : Nippon Steel and Sumitomo Metal.
Nippon Steel & Sumitomo Metal Corporation by volume produces the second most quanitity of steel globally. Having its headquarter at Chiyoda, Tokyo, Japan it has spread its operations across the globe. Various associates of Nippon Steel and Sumitomo Metal are Nippon Steel Engineering, Nippon steel raw Material and Nippon Chemicals. It also engages in high scale engineering structures , generation of electricity, ferrous and non-ferrous metals etc.. To grow further it has joined hands with various local companies of developing countries .
Sales: $53.5 bn
Profits: $1.9 bn
Assets: $60 bn
A South Korean multinational company , Posco is Pohang, South Korea based Iron and steel company.
It primarily focuses on production and sale of steel products. Presently, its production base is located at Phang and Gwangyang in South Korea. With an approximate production of 35,000,000 MT of the steel it is the 4th largest producer in the world. It manufactures crude steel, flat and long steel products, wires, rods, bars etc. It always has an investment outlook towards developing countries and thus as a part of its growth strategy in June 2005, it signed a Memorandum of Understanding with India to build a plant and surge their annual production capacity.
Sales: $61.8 bn
Profits: $563 mn
Assets: $77.6 bn
With having access to 85 percent of Brazil’s approximate 300 million tonnes of iron ore produce, Vale is one of the most successful and prominent iron and steel multinational.
Vale operations spread across manufacture, production and sale of iron and steel . The company was founded in 1942 by Getulio Vargas. It is headquartered in Janeiro, Brazil. Vale is the largest and second largest producer of iron ore and of nickel contributing significantly to Brazil’s total exports. Vale has several divisions:
1. Bulk material
2. Basic metals
Sales: $37.5 bn
Profits: $405 mn
Assets: $116.4 bn
2) Arcelor Mittal
Founded in 1976 and based in Luxembourg ArcelorMittal is involved in steelmaking and activities such as mining etc.
It was created by acquisition of Arcelor by Mittal steel in June 2006. With a workforce of more than 230000 employees it is the largest crude steel producer worldwide by volume ( around 103,800,000 MT ). It manufactures array of diverse products such as high scale, long and flat products, such as slabs, coils(hot rolled and cold cold-rolled), stainless steel products, plates etc. In February 2014, it collaborated with Nippon Steel & Sumitomo Metal Corporation and tookover ThyssenKrupp Steel USA, a steel processing plant located in Calvert, Alabama.
Sales: $79.2 bn
Profits: $1.1 bn
Assets: $99.2 bn
1) Citic Pacific
A Chinese iron and steel producing giant, Citic Pacific was founded in 1990 and is headquartered in Hong Kong island, Hong Kong.
Citic Pacific is a diversified company focusing primarily on special steel manufacturing, estate property and iron ore mining, supplying the raw material needed in the manufacture of special steel and real estate development in China involves in the manufacture, production, and sale of iron and steel. It operates in four areas:
• Special Steel
• Iron Ore Mining
• Real Estate Development
• Other Business divisions.
It has two diverse steel plant located at Xingcheng Special Steel and Xin Yegang. Citic group has 58% majority share in the company with other shareholder spread all across the world.
Sales: $51.9 bn
Profits: $5.1 bn
Assets: $767 bn
Sales-assets weighed average of the top companies form the Iron and Steel Sector
Banking sector serves as the backbone of any economy. In India banking sector is well-regulated. Public sector banks dominate almost 80% of the market. RBI is continuously trying to restructure the Indian banking sector to improve financial conditions of the country. The top Indian banks are State Bank of India, HDFC, ICICI, Axis Bank & Punjab National Bank along with brand names like Union Bank of India, Canara Bank, Bank of Baroda, Central Bank of India and Bank of India. Here is a list of the top 10 Banks in India 2016.
10. Bank of India
Bank of India was established in 1906 in Mumbai by a group of businessmen.
Image: company website
It was nationalized in 1969, with its headquarter is in Mumbai and M O Rego as the Managing Director and CEO of the bank. It offers products in retail banking, commercial banking, asset management, private banking having a strong network of 3100+ branches. The bank have its offices in around 18 countries. It has branches in London, Tokyo, New York, Paris, Hong Kong, Singapore, etc. It has 48 zonal offices in India. Given the increasing pressure on quality of assets, S&P lowered its long-term issuer credit rating of the bank from BBB- to BB+.
Bank of India had a revenue of Rs. 25887.9 crore in latest financial year (2015-16). Its loss stood at Rs. 6089.19 crore. This is the maximum loss of any bank this financial year. It has total market capitalization of Rs. 8056.01 crore. The gross NPA of the bank jumped to Rs. 49,879 crore in the fourth quarter of financial year 2015-16. Bank of India is one the banks designated by RBI to collect income tax dues from people. Recently the bank decreased its corporate portfolio t0 51 percent from 56% and the retail loans increased to 49% from 44%.CEO Melwyn Rego wants to position Bank of India as a retail bank. The growth rate of corporate loans will be lower than that of retail loans. The bank promotes meritocracy while deciding for promotions. The high performing employees of the bank can have a chance of becoming Assistant General Manager within 12-14 years.
Revenue: Rs. 25887.9 crore
Net Profit/Loss: (Rs. 6089.19 crore)
Market Capitalization: Rs. 8056.01 crore
9. Central Bank of India
Central Bank of India is one of the largest commercial banks of the country.
Image: company website
Deposits, lending and making investments are the main businesses of the bank and other than this general banking services are also provided by the bank. It has operations in agriculture also and the farmers can avail direct and indirect financing from the bank. Direct financing is provided for production and investment, while indirect financing is provided for the development of infrastructure and providing credit to the suppliers of agricultural inputs. Central Bank of India is sponsor of 7 regional banks in Madhya Pradesh, Chhattisgarh, Bihar, Maharashtra, Uttar Pradesh and Rajasthan.
Central Bank of India was established in 1911 by Sir Sorabji Pochkhanawala. It was nationalized in 1969 by the Government of India. The bank has a network of 4700 branches and 5000 ATMs. A total of approximately 42000 people are employed by Central Bank of India. It is headquartered in Mumbai. Rajiv Rishi is the Chairman and Managing Director of the bank. Central Bank of India got approval from its Board of Directors on 2nd March 2016 for raising additional equity capital. It led to combined sale and purchase of 7 lakh shares.
Central Bank of India had a revenue of Rs. 41899.47 crore in latest financial year (2015-16). Its loss stood at Rs. 1418.19 crore. It has total market capitalization of Rs. 14486.03 crore.
Revenue: of Rs. 41899.47 crore
Net Profit/Loss: (Rs. 1418.19 crore)
Market Capitalization: Rs. 14486.03 crore
8. Bank of Baroda
Bank of Baroda was set up in 1908, by Maharaja Sayajirao Gaekwad III. Mr. P. S. Jayakumar serves as the CEO of the bank.
Headquartered in Vadodara, Bank of Baroda has total 5400+ branches of which 100+ are overseas branches, and has grown rapidly in its operations with excellent service innovation, branding and marketing. Its corporate office is in Mumbai and it has overseas business operations in 24 countries. Bank of Baroda has a network of 8291 ATMs. It is second largest lender of India. Bank of Baroda had a revenue of Rs. 44061.27 crore in latest financial year (2015-16). Its loss stood at Rs. 5395.55 crore. It has total market capitalization of Rs. 31900.96 crore. Bob's gross NPAs were just below 10% in the financial year 2015-16 at 9.99%. It borrowed loans for small terms (3 to 4 months) from many banks.
Bank of Baroda is in news these days also due to a fraudulent transactions of Rs. 6000 crore. The scam involved remittance of Rs. 6172 crore to Hong Kong from Bank of Baroda. This money was for payment of non-existent imports of cashews, pulses and rice. Bank of Baroda has a financial inclusion drive to cover villages. The transactions were carried out from 59 accounts of Bank of Baroda's Ashok Vihar branch of Delhi. The invoices for the export were generated by Hong Kong importers but the exports were sent to Afghanistan. As of 30th June 2015, it had covered 22,031 villages. Bank of Baroda is planning to open more branches in more countries. The bank is active in mainly three segments - personal banking, business banking and corporate banking.
Revenue: of Rs. 44061.27 crore
Net Profit/Loss: (Rs. 5395.55 crore)
Market Capitalization: Rs. 31900.96 crore
7. Canara Bank
Canara Bank was established in 1906 by Ammembal Subba Rao Pai, and has become one of the leading banks in India.
Image: company website
It was nationalized by the government in 1969 and is one of the oldest banks in India. Canara Bank is the first Indian Bank to get an ISO certification as it became ISO certified in 1996 for "Total Branch Banking" for its Seshadripuram branch in Bengaluru. Similar to other state sector banks like Punjab National Bank, Bank of Baroda, Bank of India, UCO Bank, Canara Bank also posted big losses this financial year.
Interest and Discounts on Advances and Bills constitutes the major portion of the revenue of the bank (73.29% of total interest income). Canara bank has 8 subsidiary companies. Canara Bank also started ‘SME Sulabh’ scheme to provide faster credit to MSME sector. These centers will reduce the turnaround time in providing credits to MSME by directly receiving, proposing and sanctioning the credit proposals. Canara Bank sponsors various social welfare activities through its Social Banking Cell. It was awarded by ASSOCHAM in 2015 for Agricultural and Best Social Banking Excellence.
Canara bank has a clientele base of more than 33 million. It has more than 2700 branches and 2000 ATMs all over India. Canara Bank started overseas operations in 1983 by opening a branch in London. Canara Bank inaugurated a 'Mahila Banking Branch' in Bengaluru during 2001-02. This branch mainly served the financial requirements of Women. Canara Bank had a revenue of Rs. 44022.13 crore in latest financial year (2015-16). Its loss stood at Rs. 2812.82 crore. It has total market capitalization of Rs. 10471.56 crore.
Revenue: of Rs. 44022.13 crore
Net Profit/Loss: (Rs. 2812.82 crore)
Market Capitalization: Rs. 10471.56 crore
6. Union Bank of India
Union Bank of India was established in November 1919. It has the distinction of being inaugurated by Mahatma Gandhi.
It was also nationalized in 1969 by the Government of India and the government has ownership of 63.44% of the share capital of the bank. Union Bank of India became an associate member of Alliance for Financial Inclusion in May 2009. Headquartered in Mumbai, Bank has 4100 branches. It has 4 overseas branches also. Union Bank has a network of 6909 ATMs.
Arun Tiwari serves as the Chairman and Managing Director of the bank. A total of 36377 people work for the bank. The bank has four main businesses - Treasury Operations, Retail Banking Operations, Corporate Wholesale Banking and Other Banking Operations.
After dismal performance of the bank in the fourth quarter of the financial year, shares of the bank declined by 6%. The net non-performing assets of the bank saw an increment to 5.25%. Union Bank of India had a revenue of Rs. 28043.09 crore in latest financial year (2015-16). Its loss stood at Rs. 3664.81 crore. It has total market capitalization of Rs. 13866.15 crore. There was an increase in the gross bad loans of the bank to 8.7%. Due to continuously decreasing asset quality, In December 2015, Moody lowered the bank's baseline credit assessment (BCA) to ‘ba3’ to ‘ba2’.
Revenue: of Rs. 28043.09 crore
Net Profit/Loss: (Rs. 3664.81 crore)
Market Capitalization: Rs. 13866.15 crore
5. Punjab National Bank
Second largest public sector bank, Punjab National Bank was founded in May, 1894. Its office was established in Anarkali Bazaar, Lahore.
It was founded by Lala Lajpat Rai with a mission to create a Swadeshi bank and is the only bank to be started with Indian capital and was being managed by Indians only. It started operations with working capital of Rs.20,000 and an authorized capital of Rs.2 lakhs. It was also nationalized by the Government of India in 1969. Punjab National Bank has 4900 offices.
It has offices and branches in 9 countries. Total number of branches are 6300. It has network in 764 cities with more than 9500 ATMs. It has a customer base of 80 million people. More than 62000 people are employed by Punjab National Bank. It is headquartered in Delhi. Usha Ananthasubramanian serves as the Managing Director and Chief Executive of the bank.
Punjab National Bank had a revenue of Rs. 47424.35 crore in latest financial year (2015-16). Its loss stood at Rs. 3974.39 crore. This huge loss is attributed to bad loans. Gross Non-performing assets ratio of the bank is at 10%. It has total market capitalization of Rs. 15158.99 crore. The bank set a target to recover Rs. 15000-20000 crore from stressed assets. For sale to asset reconstruction companies (ARCs), Punjab National Bank identified 53 corporate non-performing loans eoth Rs. 6300 crore. Punjab National Bank received award for ‘Best Risk Management Initiatives 2015’ by IBA. Agriculture TOday Group awarded the bank with ‘Agriculture Leadership Award 2015’.
Revenue: of Rs. 47424.35 crore
Net Profit/Loss: (Rs. 3974.39 crore)
Market Capitalization: Rs. 15158.99 crore
4. Axis Bank
Axis Bank Limited is a private sector bank of India. It is one of the most rapidly growing banks in private sector.
The four main business segments of the bank are - treasury, retail banking, corporate/ wholesale banking and other banking business. Though the registered office of the bank is in Ahmedabad, headquarter is in Mumbai and also Axis Bank operates through its 3000+ branches. It has around 12922 ATMs in India. Its ATM network is largest of all the private banks in India.
Axis Bank has 8 overseas offices. More than 42,000 employees work at Axis Bank. Axis Bank was established as UTI Bank in 1993. Dr. Manmohan Singh inaugurated the first branch of the bank. Shikha Sharma serves as the CEO and Managing Director of Axis Bank. There are five subsidiaries of the bank.
Axis Bank had a revenue of Rs. 40988.04 crore in latest financial year (2015-16). Its profit stood at Rs. 8223.66 crore. It has total market capitalization of Rs. 122468.25 crore. Recently, Axis Bank issued green bonds. The bank raised $500 million from green bonds. It became fifth company to issue green bonds. Axis Bank got permission of Reserve Bank of India to raise foreign shareholding limit from 49% to 62%. This news saw an exchange of 1.98 million shares on BSE and NSE. It boosted the share price of the bank up by 3%. Due to decline in its profits in quarter 4 of financial year 2015-16, top management of Axis Bank decided to take 20% to 50% deduction in their variable pay.
Revenue: of Rs. 40988.04 crore
Net Profit/Loss: Rs. 8223.66 crore
Market Capitalization: Rs. 122468.25 crore
3. ICICI Bank
ICICI Bank was founded in 1994. It was a part of the ICICI group. Initially it was known as ICICI Banking Corporation Limited.
Headquarters of the bank is in Mumbai and Mr MK Sharma is the Chairman of the bank & Chanda Kochar serves as the Managing Director and CEO of the bank. The bank has total 2,000 branches in India along with a network of 5,500 ATMs. ICICI bank employs 74,096 people. ICICI bank is present in 18 countries. It acquired Bank of Rajasthan in 2010.
ICICI has a Go Green initiative to create awareness about environment. Under this scheme it promotes alternate options for banking, e.g. Internet Banking. As part of the initiative the bank has set up electronic branches. It also sends bank statements in electronic form only. The bank saved more than 60 tonnes of paper by these initiatives. The bank has around 20 subsidiaries.
ICICI Bank had a revenue of Rs. 52739.43 crore in latest financial year (2015-16). Its profit stood at Rs. 9726.29 crore. It has total market capitalization of Rs. 142316.29 crore. ICICI reduced its equity in foreign units. In UK & Canada, investment decreased to 4.8%. It is planning to consolidate its position in foreign markets. In association with Jet Airways, ICICI Bank became the first bank of the country to launch contactless business credit card. This move of the bank is for the benefits to small and mid-sized enterprises (SMEs) and their employees. ICICI recently decreased its marginal cost of funds-based lending rate by 0.05%. New borrower will be able to avail loans at lower interest rate.
Revenue: of Rs. 52739.43 crore
Net Profit/Loss: Rs. 9726.29 crore
Market Capitalization: Rs. 142316.29 crore
2. HDFC Bank
HDFC Bank was established as HDFC Bank Limited on August 30, 1994 by Housing Finance Development Corporation Limited.
As a Scheduled Commercial Bank, HDFC Bank started its operations in January 1995, and HDFC Securities Ltd and HDB Financial Services Ltd are the two subsidiaries of HDFC. Aditya Puri serves as the Managing Director of HDFC. In a list of ten biggest consumer financial services firms by Forbes, HDFC was ranked 7th. Headquartered in Mumbai, HDFC has a total of 2201 branches and 7110 ATMs.
It has presence in 996 cities across India. As per Reserve Bank of India data, HDFC is the largest issuer of credit cards in India. It had 6.28 million outstanding cards in December. HDFC is planning to double its credit card base in one year.
Net profit for the financial year increased by 20%. HDFC had a revenue of Rs. 60221.45 crore in latest financial year (2015-16). Its profit stood at Rs. 12296.23 crore. It has total market capitalization of Rs. 298464.15 crore. HDFC’s gross non-performing assets increased to 0.95% from 0.93%. It operates in mainly three business segments - banking, wholesales banking and treasury.
HDFC bank also started a service dedicated for start-ups in Kolkata - SmartUp. It is a customized solution for the start-ups to meet all their banking requirements. HDFC launched this service in association with Nasscom. This solution for start-ups also provides advisory services, forex and payment solutions.
Revenue: of Rs. 60221.45 crore
Net Profit/Loss: Rs. 12296.23 crore
Market Capitalization: Rs. 298464.15 crore
1. State Bank of India
State Bank of India was founded in 1806 as Bank of Calcutta which was renamed as State Bank of India in 1955.
Image: company website
It is India’s largest bank and also has operations in around 36 countries and SBI recently became the top merchant acquiring bank in the country. It has installed 2.96 lakh point of sale terminals as of February 2016 and is present in retail and corporate banking, investment banking, card services and asset management. Smt Arundhati Bhattacharya serves as the chairman of the bank. She is also the first female chairman of the bank. In the list of most powerful women in the world by Forbes, she was ranked 36th. SBI employs more than 222,033 employs who handle 450 million accounts. SBI also opened its first branch to serve start-up companies in Bengaluru.
SBI had a revenue of Rs. 163685.3 crore in latest financial year (2015-16). Its profit stood at Rs. 9950.65 crore. It has total market capitalization of Rs. 154208.03 crore. SBI’s bad debt increased Rs. 21313 crore in 2015 from Rs. 5594 crore in 2013. SBI's net profit declined to Rs. 9951 crores in financial year 2015-16 from Rs. 13,102 crores. It was a decline of 24.05%. SBI's gross non-performing assets went up to 6.50% in financial year 2015-16. In previous financial year it was 4.25%.
SBI is planning to merge its five associate banks and Bhartiya Mahila Bank (BMB). India has this special bank in which lending is primarily for women though everyone can deposit. BMB was founded 3 years ago in 2013.
Revenue: of Rs. 163685.3 crore
Net Profit/Loss: Rs. 9950.65 crore
Market Capitalization: Rs. 154208.03 crore
Step 1: Give rank scores to the banks on the basis of latest 4 quarters total revenue, net profit and market capitalization
Step 2: Bank with higher figures higher rank score (17-1).
Step 3: Calculate average rank score by weighted average of all the scores (rank score by total revenue, net profit and market capitalization)
Step 4: Weightages given are (0.6 to total revenue, 0.3 to net profit and 0.1 to market capitalization)
Step 5: The higher the average rank score, better the rank, in case of tie of average scores, bank with higher market capitalization is given better rank.
Public Sector Undertakings (or PSU) are publicly held companies which put forth the platform for growth of a country and work to provide basic infrastructure and essential requirements. These government owned companies are very essential for India. Top PSUs consists of Indian Oil, ONGC, Bharat Petroleum along with Hindustan Petroleum, SBI with power companies like Power Grid, Power Finance etc. Here is a list of Top 10 PSU Companies in India 2016 on the basis of Revenue and Profit.
10) RURAL ELECTRIFICATION CORPORATION
Rural Electrification Corporation Limited (REC) is one of the top Indian public Infrastructure Finance Companies in power sector.
REC is listed on both stock exchanges in the country National Stock Exchange and Bombay Stock Exchange. REC, a listed Public Sector Enterprise of Government of India, was incorporated on July 25, 1969 under Companies Act 1956. The objective of the company is to finance and promote the project relating to the rural electrification all across India. REC provides loans and financial assistance to many central and state boards like State Electricity Boards, Central and State Sector Power Utilities, NGOs etc. REC, a Navratna company, is functioning under Ministry of Power (Government of India). REC’s current net worth is around Rs.5368 Crore and is currently among top 500 Global Financial Services brands.
REC is headquartered in New Delhi and consists of 17 Project offices and 5 zonal offices. These offices play a major role in coordinating REC’s financing programmes to State/ Central boards and helps in formulating the schemes, sanctioning of loan. REC aims to provide electricity available to all rural and semi urban population for the enrichment of people’s lives and to increase the standard of living. The company also supports Swachh Bharat Mission. Currently, REC employees over 600 people. REC has two subsidiaries under it, which are REC Transmission Projects Company Limited and REC Power Distribution Company Limited. These subsidiaries were set to capture new opportunities and to tackle with new challenges in the power transmission and distribution division.
Revenue - Rs.23470.66 Crore
Profit – Rs.5627.66 Crore
9) POWER GRID CORPORATION OF INDIA LIMITED
The Power Grid Corporation of India Limited (also called as POWERGRID), a Navratna company, is one of the top India state-owned enterprises.
POWERGRID, an electric utilities company, was incorporated on October 23, 1989 and is headquartered in Gurgaon, India. It was initially established in the name of National Power Transmission Corporation Limited and now it is responsible for the transmission of about 50 percent of the total power generated in India. POWERGRID is India’s largest Electric Power Transmission Utility and is a listed company since 2007 and in both NSE and BSE as well. Power System Operation Corporation Limited, a subsidiary of POWERGRID, deals with power management for POWERGRID. The company also has another subsidiary under it, namely POWERTEL which is a telecom business. Under POWERTEL, it owns and operates 36563 km of Telecom Network in over 595 locations. POWERGRID has an All India inter-regional capacity of 55350 MW. So, on the whole, POWERGRID deals with transmission, distribution and energy trading in India. Currently, the company employees more than 10000 people.
POWERGRID is exploring new business opportunities like handling Smart grid/ smart city projects, strengthening of intra-state transmission, Off-shore wind generation integration, power quality measurement etc.
Powergrid is listed on both the NSE and BSE. Powergrid became a Navratna company in 2008.
Revenue - Rs.20734.79 Crore
Profit – Rs.6026.72 Crore
8) POWER FINANCE CORPORATION LIMITED
The Power Finance Corporation Limited, India’s top financial institution and a Navratna Company, was established in July 1986. It is a major part of Indian Power Sector.
In the initial years, the company was completely owned by Government of India and then in the year of 2007, the Power Finance Corp Ltd issued an IPO, which is the largest of any Indian Company till date as it was oversubscribed by more than 76 times. It is headquartered in New Delhi. The company is listed on both NSE and BSE. For its vital role in the development of power sector, the company had been awarded with “KPMG – Infrastructure Today Award 2008”. Currently, it employees over 330 people.
The Power Finance Corporation Limited offers the following services:
1 Financial Consulting
2 Financial Products
3 Investment Banking
4 Loan Management
5 Linkage Management
Divisions under the company:
1 Commercial – handles appraisal of credit, borrower entity categorization and analysing the reforms of power sector
2 Projects – responsible for the operations of different states and project appraisal
3 Finance and Financial operations – funds mobilization and their reimbursement
Objectives of the Power Finance Corporation Limited:
a Is to provide power projects with any financial assistance needed
b Handling of generation, transmission and distribution of power and also deals with Renovation, Modernization & Upgrading (RM&U) projects
c To provide financial assistance to infrastructural projects that are associated with the power sector
Revenue - Rs.27473.48 Crore
Profit – Rs.6113.48 Crore
7) STATE BANK OF INDIA
State Bank of India, one of the top four banks of India and government owned corporation, is a leading public sector banking and financial services company.
SBI was established on 2 June 1806 as a Bank of Calcutta and then It was renamed as Imperial Bank of India on 27 January, 1921 and then to State Bank of India on 1 July 1955. SBI was nationalized on 2 June 1956. Currently, SBI has about 16,000 branches of which 65 percent are in semi urban and rural locations. At present, SBI has employees of over 222,033 and has a presence in about 36 countries. SBI has about a share of 20% in deposits and loans among all Indian banks. SBI is headquartered in Mumbai, Maharashtra.
Functions of State Bank of India are as follows:
1) Consumer banking
2) corporate banking
3) finance and insurance
4) investment banking
5) mortgage loans
6) private banking
7) private equity
10) asset management
11) wealth management
12) credit cards
The banks which are associated with State Bank of India are: State Bank of Patiala, State Bank of Hyderabad, State Bank of Travancore, State Bank of Mysore and State Bank of Bikaner & Jaipur.
Revenue - Rs.28158.36 Crore
Profit – Rs.9950.65 Crore
6) COAL INDIA LIMITED
The Coal India Limited, an Indian state-controlled company, is the largest coal producing company in the world.
It is responsible for the production of about 82 percent of total coal in India. CIL is headquartered in Kolkata, West Bengal, India and all the operations of CIL are controlled by Ministry of Coal and Union government of India owns about 79.65 percent shares in Coal India Limited. CIL enjoys the status of “Maharatna Company” which was conferred to it in April 2011 by the Union Government of India. CIL is considered as the 8th most valuable company in India on the basis of its market value which accounts to INR 2.11 trillion.
There are nine subsidiaries under Coal India Limited which are:
1. Bharat Coking Coal Limited
2. Central Coalfields Limited
3. Central Mine, Planning & Design Institute Limited
4. Coal India Africana Limitada
5. Eastern Coalfields Limited
6. Mahanadi Coalfields Limited
7. Northern Coalfields Limited
8. South Eastern Coalfields Limited
9. Western Coalfields Limited
CIL is listed in both NSE and BSE. Coal India Limited employees more than 455,000 people. Shares of CIL are owned by Government of India (80 percent), Indian public (10.23 percent), Foreign Investors (Institutions) (5.44 percent), Banks and Financial Institutions (1.28 percent), Private Corporate Bodies (1.22 percent), Mutual funds (0.71 percent) and others (0.12 percent).
Awards and Recognitions:
CIL has won many awards like Corporate Social Responsibility Awards. Coal India Limited was featured in Forbes Global List of top 2000 companies, Fortune 500 Indian companies etc.
Facts:(Values are TTM)
Revenue - Rs.300.63 Crore
Profit – Rs.12022.64 Crore
5) NTPC Limited (NATIONAL THERMAL POWER CORPORATION)
NTPC Limited (previously called as National Thermal Corporation Limited) is one of the top India Public Sector Undertaking controlled by Ministry of Power, Government of India.
NTPC Limited is responsible for the electricity generation and associated activities. The company is headquartered in New Delhi, India and the company’s main business is generation of power and natural gas. NTPC Limited also deals with oil & gas exploration and activities related to coal mining. Apart from these, the company also handles consultancy and contracts of turnkey projects, project & construction management and management of power plants.
It is considered to be one of the top electric power generating companies in India which has a capacity of about 45,548 MW and contributes to more than 25 percent of the total power generation in India even though it has a capacity of only 16 percent. This is possible because NTPC Limited operated its power plants at very much efficient levels of 80.2 percent compared to that of 64.5 percent maintained by national PLF.
NTPC has approximately 25000 employees across India. National Thermal Power Corporation is located in over 50+ regions in India. It also has prescence in Sri Lanka and Bangladesh. It is not only a top ranked power company in India but it is also one of the largest power and energy companies globally. NTPC is also involved in power consultancy along with its core competency.
Revenue - Rs.71289.03 Crore
Profit – Rs.10470.53 Crore
4) HINDUSTAN PETROLEUM CORPORATION OF INDIA
Hindustan Petroleum Corporation Limited (HPCL), one among the top Indian state-owned Enterprise of oil and natural gas, was incorporated in 1974 under the Indian Companies Act 1913.
image:wikimedia, (Ask27 - Own work)
HPCL enjoys the status of being a “Navratna Company” and has a market share of about 25 percent among top Indian PSUs. It is headquartered in Mumbai, Maharashtra. 51.1 percent of total HPCL’s shares are owned by Government of India and the remaining by financial institutes, public investors and others. Currently, HPCL employees of more than 11000 across various parts of India working at its various refining and marketing areas. The company is listed on both NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) as well.
Two major refineries under HPCL are as follows:
In Mumbai; it has a capacity of 6.5 million metric tonnes per annum and is responsible for producing petroleum fuels
In Visakhapatnam; it has a capacity of 8.3 million metric tonnes per annum.
Products and Services of HPLC:
3. Bulk Fuels and Specialities
5. Joint Ventures
6. International Trade
7. Product pipelines
8. LPG (HP Gas)
9. Lubes (HP Lubes)
10. Alternate Energy
Awards and Recognition:
a) HPCL is among the top companies listed by Forbes 2000
b) It is one among Global Fortune 500 Companies
Among all Product pipelines in India, HPCL has second largest share. It has a pipeline network of about 2500 kms which is being used for transporting petroleum products. The company’s marketing network is also huge with 13 zonal offices and regional offices of 101.
Revenue - Rs.179281.07 Crore
Profit – Rs.3862.74 Crore
3) BHARAT PETROLEUM CORPORATION LIMITED
Bharat Petroleum Corporation Limited (BPCL), among top companies of oil and gas in India, is an Indian state controlled enterprise.
BPCL is headquartered in Mumbai, Maharashtra. Two large refineries of India which are in Mumbai and Kochi are operated by Bharat Petroleum Corporation Limited and BPCL is one of the leading Oil and Gas companies in the country and world. Currently, BPCL employees over 12687 people across India.
Awards and Recognition:
In 2015, BPCL was listed among top companies of Fortune Global 500 and had been declared as the world’s biggest corporation.
Refineries operated by BPCL:
Mumbai Refinery – it has a capacity of 12 million metric tonnes per annum
Bina Refinery – Has a capacity of about 6 million metric tonnes per annum and this refinery is being operated as a joint venture between BPCL and Oman Oil Company
Kochi Refinery - has a capacity of about 9.5 million metric tonnes per annum
Numaligarh Refinery – it is located in the state of Assam and has a capacity of 3 million metric tonnes per annum
BPCL is into following businesses:
a. Fuels and services
b. Bharat gas
c. MAK Lubricants
g. Industrial and commercial
h. Bharat Petro Resources Limited (BPRL)
i. International Trade
j. Proficiency Testing
k. BPCL Group
Revenue - Rs.189098.1 Crore
Profit – Rs.7431.88 Crore
2) ONGC (OIL AND NATURAL GAS CORPORATION)
Oil and Natural Gas Corporation Limited (ONGC), an Indian multinational oil and gas enterprise, was incorporated on 14 August 1956. ONGC is headquartered in Dehradun, Uttarakhand, India.
image:wikimeida(Nandu Chitnis from Pune, India, ONGC Oil and Gas Processing Platform)
Oil and Natural Gas Corporation Limited operates under the control of the Ministry of Petroleum and Natural Gas. ONGC is considered to be the second largest Indian company in oil & gas exploration and production. ONGC is responsible for the production of 69 percent of total crude oil produced in India which is almost equivalent 30 percent of India’s total demand and it does also produce 62 percent of total natural gas production in India.
ONGC is also present in other countries through its international arm which is known as ONGC Videsh. It has presence in many countries including Brazil, Columbia, Cuba, Venezuela, Vietnam, Russia etc. ONGC also has the following two joint ventures:
1.ONGC Tripura Power Company
2.ONGC Petro Additions Limited
Awards and Recognition:
1. ONGC was declared as the largest profit making Indian PSU in a survey conducted in the year 2011-12 by the Government of India
2. ONGC was one among the Fortune Global 500 companies in 2012
3. The company was ranked 17th in Global Energy Top 250 companies by Platts
ONGC is a listed company present on both the BSE and the NSE. It is a state owned corporation with the state, the government, owns approximately 70% of the shares.
Revenue - Rs.77796.07 Crore
Profit – Rs.16003.65 Crore
1) INDIAN OIL CORPORATION LIMITED
Indian Oil Corporation Limited (IOCL), an Indian state owned oil and gas enterprise, was incorporated in 1959. IOCL is headquartered in New Delhi, India.
IOCL enjoys the status of being “Maharatna Company” and it is considered to be the largest among all Indian PSUs. The company handles the businesses of entire value chain of hydrocarbon. Indian Oil Corporation Limited is into the following businesses:
Major Projects of IOCL are as follows:
1) Paradip-Raipur-Ranchi Pipeline
2) Polypropylene Plant, Paradip
3) Distillate Yield Improvement Project (Coker), Haldia
4) De-Bottlenecking Of Salaya-Mathura Crude Pipeline
Indian Oil Corporation Limited, along with its subsidiaries holds a share of 49 percent of total petroleum products’ market in India and a share of 67 percent in downstream sector pipelines capacity. Of the total 22 Indian refineries, IOCL group of companies owns and operates 10 which has a combine capacity of 65.7 million metric tonnes per year.
Awards and Recognition:
1.As per the Fortune Global 500 top companies list, IOCL secured world’s 119th rank
2.IOCL is considered to be the largest public corporation In India.
Revenue - Rs.349321.41 Crore
Profit – Rs.10399.03 Crore
Automobile sector in India has been rising over past many years. With rise in disposable income, people are affording more cars than before and also with rise of cab services, car sales are on the rise. Top automobile companies consists of Maruti Suzuki, Honda, Hyundai along with major car brands like Ford, Chevrolet, Renault etc with Toyota and Mahindra.
Here is the list of Top 10 automobile companies in India 2016 on the basis of sales(units) and recent market share. Market share values are as per recent months.
10. GM India (Chevrolet)
General Motors India has been India since 1996 but it is known today for its Chevrolet Brand which came to India in 2003.
GM in India operates as a JV between GM and Shanghai Automotive & is rising fast in India with a lot of brands under the hood. Kaher Kazam is the MD of the company who served as COO of the company before replacing Mr Arvind Saxena. The brands which are present in India are:
It has setup its manufacturing units in India in states of Maharashtra and Gujarat where it produces/manufactures the above brands. Its cares are available across the country and are the company has sold 36518 units. Chevrolet as a brand as long association with India way back its current engagement. Chevrolet as a brand came to India in 1918.
9. Volkswagen India
Volkswagen India is once again a completely owned subsidiary of the German automobile manufacturer Volkswagen. This company was founded in the year 2007.
Mahesh Kodumudi is the current President and Managing Director of the multiple car brands owning group. With an investment of around Rs 4000 crores, Volkswagen India managed to set up a stellar manufacturing plant at Chakan in the state of Maharashtra with an annual capacity of 200000 vehicles. The Volkswagen group also has another manufacturing facility at Aurangabad, Maharashtra entirely dedicated for the production of Audi vehicles. The Volkswagen India group leads the production of various luxury cars and sports utility vehicles such as Audi India, Porsche India, Skoda Auto India and Lamborghini. The company faced severe allegations and damage after being dragged into the Carbon Monoxide Emission Scandal. On the similar lines, the Volkswagen group halted the production of sedans, Vento and Rapid in the country. Despite the scandal, the company managed to sustain its revenue and profits from two of the major luxury brands under its umbrella: Audi and Porsche.
The company has just rolled out its latest tailor made sub compact sedan AMEO for the Indian market by May 2016. Volkswagen is set to team with a leading Europe based taxi service provider app called Gett. This is supposed to not only increase production of Volkswagen group cars but also to increase its market share in the global forum. This subsidiary of the German car manufacturer has managed to sell 45,018 vehicles in the fiscal year of 2015. The company also holds a market share of 1.4% in the country’s automobile sector.
8. Ford India
Ford India is a completely owned Indian subsidiary of the American multinational car manufacturer Ford Motor Company.
It is headquartered in Maraimalai Nagar, Kanchipuram district, Tamil Nadu and the company employs of around 10000 people in India. Ford India Pvt Ltd was started in the year 1926, but it was shut down in the year 1954 due to losses. It re-entered the market in the year 1995 as Mahindra Ford India Limited. In the year 1998, it bought 72% of the shares & renamed the company as Ford India Pvt ltd. Fords’ main manufacturing plant is located at Maraimalai Nagar, 45 kms from Chennai & has the capacity to produce 1,50,000 units in a year. Ford has one more plant in India at Sanand, Gujarat. After this second plant went operational, Ford India doubled its capacity to 440000 vehicles and 610000 engines. Ford Figo aspire was the first car to roll out from the second plant. Ford India is placed at seventh position in Indian automobiles with a market share of almost 3%. Ford Ecosport has been leading the sales in its segment i.e. Compact SUV’s than its competitors by more than 40%.
Ford’s other models include Figo which is a hatchback, Fiesta & Classic which are Sedans and Endeavour which is an SUV type. Ford India holds about 2.6% market share in the entire country and is perceived to produce stylish and elegant cars for the people.
7. Renault India
Renault India is the totally owned subsidiary of French car manufacturer Renault. Renault India was founded in the year 2005 and it is currently headquartered in Chennai, Tamil Nadu.
This company operates with seven different models in the country. These are Scala, Fluence, Koleos, Duster, Lodgy, Pulse and Kwid, the latest budget car specifically designed car for the Indian market. By 2010, Renault formed alliance with Nissan India and started production in Chennai with an initial investment of Rs 4500 crores and an annual capacity of 480000 cars. By the end of 2015, Renault had close to 200 dealerships owing it to the fast market capture of Kwid which was well received by the Indian car audience. Renault design Studio which is located in Mumbai is one of the state of the art satellite based design studios in order to cater to the customized design needs of automobile enthusiasts. Renault India has also associated itself with ICICI bank for a cross platform based marketing campaign wherein the bank’s personalized database can effortlessly communicate with the vehicle’s device and help manage the owner’s bank accounts on the move.
Renault’s Scala was awarded the Limca award for breaking the record for highest fuel economy achieved by a car in Indian roads with a fuel economy of 54 kms/liter. Renault India sold 53847 vehicles for the fiscal year of 2015. The company has a market share of 4.5% in the country within a very short period of operation
6. Tata Motors
Tata Motors Limited, formerly known as Tata Engineering & Locomotive Company is an Indian Automobile manufacturing company.
image: Wikimeda, Norbert Aepli, Switzerland
It belongs to the prestigious Tata group & is headquartered in Mumbai, Maharashtra. This Indian car company employs close to 90,000+ people in the country. Tata Motors is one of the largest motor vehicle manufacturing company in the world and one of the largest maker of buses. Tata motors manufacture Trucks, passenger cars, vans, coaches, buses construction equipment & military vehicles. Tata motors have manufacturing and assembling plants in Pune, Jamshedpur, Patnagar, Lucknow, Sanand and Dharwad. Tata motors was initially founded in 1945 as a manufacturer of locomotives and entered the commercial vehicle manufacturing in the year 1954. It entered the passenger vehicle segment in the year 1991 with the launch of Tata sierra. Tata motors was ranked as 28th in the fortune global 500 ranking of world’s biggest corporations. Tata motors acquired South Korean Truck manufacturer Daewoo commercial vehicles in the year 2004 & Jaguar land rover from Ford in the year 2008. Tata Motors has 44% of market share in the commercial vehicles (Sold 290,437 units in the year 2015) & has a market share of 5.3 % in passenger vehicles.
This company managed to generate about Rs. 2.625 lakh crore as sales revenue and pocketed close to Rs. 1290 crores as profits for the year 2015. This company is well known for their signature low budget car Tata Nano which the chairman Ratan Tata imagined would serve the middle class people in the country.
5. Toyota Kirloskar Motor
Toyota Kirloskar Motor Pvt Ltd is a subsidiary of Toyota Motor Corporation in Japan (Toyota motor corporation was established in the year 1937).
The company is currently headquartered in Bangalore, Karnataka. Toyota employs close to 5000 employees in India. Toyota is currently India’s fourth largest manufacturer of passenger cars. Toyota India (Kirloskar group has a very less percentage of share in the company) was established in the year 1997. Toyota has two plants in India. First one was setup in Bidadi, Karnataka which has the capacity of producing 110000 cars per annum. The second plant is in the outskirts of Bangalore, Karnataka which has the capacity to produce 220000 cars every year. This car manufacturer holds about 4.6% of the market share in the country. Following General Motor’s investment in Lyft and Volkswagens’ investment in Gett, Toyota is all set to pair up with Uber, one of the leading firms in taxi ride services.
Due to recent events of diesel car bans with more than 2000cc of engines in states like Delhi NCR and Kerala, Toyota’s Vice Chairman and whole time director, Mr. Shekhar Vishwanathan has announced regret that Toyota India is the worst hit company among other Indian car companies. This is understandable as the car maker has most of its models in 2000cc and above variants and also being mostly diesel engines. The diesel ban has put pressure on the company to introduce new models and more petrol engine based vehicles in the country.
4. Honda Cars India
Honda cars India Ltd (HCIL) is a part of the Honda group from Japan to produce, assemble, sell and export cars in India.
Started in 1995, initially called Honda siel cars India Ltd as it was a joint venture between Honda and Usha International group. In August 2012, Honda bought the complete shares from Usha group & changed its name to Honda Cars India Ltd. HCIL is headquartered in Greater Noida, Uttar Pradesh. It has one more plant in Bhiwadi, Rajasthan. The initial capacity was 30,000 cars per annum & it has enhanced its facilities to produce over 240000 units at present (Both the plants combined). Honda City was the first car launched by HCIL. Its latest launch is Honda BR-V. Its Honda City was awarded the Highest Ranked 'Midsize Car' In JD Power Asia Pacific 2012 for its great quality. HCIL has increased its market share from 2.07% in financial year 2012 to 7.20 % in the financial year 2016.
As a whole brand, Honda has won the manufacturer of the year awards by Bloomberg TV auto car awards. The company witnessed a high level management change this year on April 1, 2016 with Yoichiro Ueno (who served as Chief Executive Officer and Managing Director of Honda Malaysia) taking over as the new CEO of the new subsidiary. The Japan car maker has sold about 189062 finished units for the fiscal year of 2015.
3. Mahindra & Mahindra Limited
Mahindra & Mahindra Limited (Earlier known as Mahindra & Mohammed Ltd- till 1948) is an Indian automobile company, founded in 1945 (as a steel industry) and is based out of Mumbai.
Mahindra and Mahindra is a leading manufacturer of tractors worldwide. It is listed as India's 10th most trusted brand trust by the 2014 report of the brand in 2011; it is a top 25 companies in the Fortune 500 brands in India. Apart from the tractors & different car segments, M&M also has presence in two wheelers. M&M started to manufacture tractors during early stages of 1960 & currently it sells more than 2 lakh tractors across the globe every year which is higher than any other company. Since inception, M&M has sold over 2.1 million tractors & it has over 1000 dealers serving approximately 1.45 million customers. Mahindra’s tractors are available in 40 plus countries. M&M has attained the highest customer satisfaction Index in the automobile industry with 88%. Also, in 2009, M&M was awarded as one of the top 10 innovative company in India by The Wall Street Journal. M&M has over 35000 employees as on date & almost 16000 temporary workers as its workforce. In addition to its tractors, M&M also sells farm equipment. Mahindra AppliTrac – used to sell farm mechanization products. Mahindra ShubhLabh – used to sell seeds, crop protection, and market linkages and distribution and the Samriddhi Initiative is used for farm counseling and information services.
2. Hyundai Motor India Ltd
Hyundai Motor India Ltd, which is a wholly owned subsidiary of Hyundai Motor Company of South Korea. Hyundai entered Indian market in the year 1996.
HMIL’s first car in India was Hyundai Santro in September 1998 which was a great success & within months of its launch, Hyundai India became second largest automobile manufacturer in the country, only next to Maruti Suzuki which had its root in India for over a decade. From that point, there was no looking back and HMIL still holds the same sweet second spot. HMIL established a high quality production unit in Chennai & to cater its increasing demand started a new facility in Sriperumbudur, Tamilnadu. HMIL produces 6, 70,000 units every single year in these two units combined & it’s the India’s leading automobile exporter for straight ten years. Currently, the cars produced in HMIL are exported to over 90 countries. HMIL also has a Research & development center in Hyderabad. On February 22, 2010 HMIL achieved the milestone of exporting 1 million cars across the globe. On October 17, 2013 Hyundai Motor India Ltd rolled out 5 million cars in India. HMIL has more than 600 service centers in India. HMIL’s total income in the financial year 2014-2015 was INR 27421.4 crores which was 7.87% higher than the previous financial year. But, its net profit declined by 6.6 % from the previous year to INR 1035.04 Crores due to higher outgo on account of royalty payments and depreciation. Hyundai Motor India Ltd has a market share of 16.17 % in 2014-2015 which was 15.18% in the previous year.
1. Maruti Suzuki
Maruti Suzuki, Headquartered at Delhi is a merger of Maruti Udyog & Suzuki Motor Corporation, a Japanese automobile firm. Maruti was started in the year 1981.
For the first 2 years, Maruti Suzuki did not produce any cars and they imported 40,000 cars annually & sold them in India. It was in 1983, their first car In India Maruti 800 was released. Until 2007, Government of India had 74 % share on Maruti Suzuki which it sold completely to financial institutions. Maruti Suzuki holds 47 % of the market share in India & they have produced more than 13 million cars up to date. They employ close to 13500 people in India. In the year 2000, Maruti became the Pioneer to launch call centers for customer complaints. Maruti Suzuki’s ALTO has been the top selling car (By volume) for the past 10+ years with sales of 249507 units in 2015 alone. As we can see it from the market share, Maruti tops a minimum of at least 4 cars out of top 10 selling cars every single year. Maruti Suzuki’s Profit after Tax (PAT) was 45,714 Million INR in 2015-2016 which was a whopping 23.17 % rise in their profit than 2014-2015.Maruti Suzuki has more than 3060 service stations across 1454 towns in India & its service stations are one of the major revenue generator for it. Maruti also introduced a service to its customers called Maruti true value which allows its customers to buy, sell & exchange used Maruti Suzuki vehicles. Maruti Suzuki was placed at 11th position among the most trusted brands of India in the year 2014 by The Brand trust report.
1: Sample size of 15 automobile companies was taken
2: Data on units sold and market share was collected for latest FY
3: Companies were ranked on composite score
GDP is an important factor in reflecting the health of economy of a country. The best way to understand the economic growth and the position of a country is by knowing its GDP. The top countries by GDP are United States, China, Japan, Germany closely followed by United Kingdom, France & India. Italy, Brazil and Canada complete the rank wise top ten list. Here is the list of the top 10 countries in the World by nominal GDP in 2016.
With a population of more than 35 million people, Canada has a total GDP of 1,462.330 billion USD.
It stands 10th in the list of countries ranked according to GDP and is a member of the Organization for Economic Co-operation and Development (OECD) and Group of Seven (G7). Canada is one of the wealthiest nations in the world with $46,528 as GDP per capita. Three quarters of the population is employed in service industry. Canada has a total coastline of 202,080 km which makes it a good place for commercial fishing and seafood industry in the world. It ranks 8th in commercial fishing and seafood.
United States and China are the main export partners of the country forming 79.12% of the total exports. Its exports accounted for $523.904 billion in 2015. The primary export goods are motor vehicle and parts, industrial machinery and aircraft. United Sates and China are the main import partners as well with close to 75% of the total imports. Canada imports machinery and equipment, motor vehicles and parts, crude oil etc. Its total import was $547.874 billion in 2015.
The service industry accounts for 78% of the GDP of Canada. It accounted for $8952742.46 million in 2016 February which was $895098.01 million in January 2016. Around 12% of Canadian population is working in retail sector. Manufacturing is the next biggest contributor to the GDP of Canada accounting for 12% of the GDP with a value of $ 135750.78 million. Energy and Agriculture are the other main industries contributing to the GDP of Canada.
The GDP of Canada is growing at .20% which is expected to grow at .5% by 2020. The country has an unemployment rate of 7.1%.Canada's trade deficit was recorded $ 2.59 billion in March 2016. Exports fell 4.8% and imports went down at a slower 2.4%.Canada has corporate tax rate of 26.50% and personal income tax rate at 29%. The sales tax rate in Canada is 5%.
GDP: $1462 Bn
Brazil is the largest economy of the Latin America followed by Mexico and Argentina.
It has extensive natural resources and diverse agricultural and manufacturing production. As a member of BRICS group, Brazil has proved its importance in global economy and the nominal GDP of Brazil is $ 1,534.780 billion and it stands at 9th position in the world. The Gross National Product of the country is $ 423618.70 million. Though Brazil’s GDP by purchasing power parity is $ 3,101.250 billion and by PPP it is at 7th rank. The GDP per capita is $5969.68 in Brazil. It is one of the fastest growing and developing countries in the world due to its export potential. In the third quarter of the financial year 2015-16, the economy of Brazil declined 1.4%. The market expectations of the decline were 1.5 %.
The GDP from services sector is $50693.08 million. It is the highest contributor to the GDP and constitutes up to 65% of the total GDP. The GDP from manufacturing is $ 8290.49 million and the GDP from agriculture is $3567.03 million.
The unemployment rate in Brazil is increased to 10.9% in the last quarter of 2015-16. The inflation rate saw an increase to 9.28%.The interest rate in Brazil is at 14.25%.Brazil has a population of 204.5 million of which 90.64 million people are employed. The count of unemployed people is at 11.09 million.
The export of Brazil is $0.8 trillion. Brazil mainly exports transport equipment, iron ore, soybeans, footwear, coffee and autos. Brazil have good export relations with China, United States, Argentina and Netherlands. Same countries are main import partners of Brazil as well. The import of the country is $0.5 trillion. Brazil imports mainly goods such as machinery, electrical equipment and transport equipment, chemical products, oil, automotive parts and electronics.
The foreign exchange reserves of Brazil is $362201.00 million. Its balance of trade is $4860.00 million. Brazil has Foreign Direct Investment of $ 5560.00 million. The current account of Brazil is $ -855 million.
GDP: $1534 Bn
Italy has a very high standard of living. It is well known for its influential and innovative business economic sector. It is second largest manufacturer in Europe.
In 1957 Italy played an important role in foundation of European Union, the Euro zone, the OECD, the G7 and the G8. The growth of Italian economy is at stagnated stage and the nominal GDP of Italy is $ 1,848.690 billion and it stands at 8th position in the world. Though its GDP by purchasing power parity is $ 2,213.110 billion and by PPP it is at 12th rank. The GDP per capita is $35,811 in Italy.
Its GDP is growing at the rate 0.3%. Italy has a negative inflation rate at -0.5% year-on-year in April 2016. This drop in consumer prices can be attributed to lower energy cost. European Central Bank reported the interest rate at 0 percent. The foreign exchange reserves of Italy are $ 144443.62 million. Loans to private sector stands at $883981.34 million.
Italy has a population of 60.8 million of which total 22578 thousand are employed. It constitutes employment rate of 56.7%. The unemployment rate in Italy is 11.4% and total 2895 thousand people are unemployed.
Italy witnessed a decrease in its exports of 1.1% as compared to last year. Its total export stands at $ 41523.86 million. Its main export partners are Germany, France and United States. It mainly exports engineering products, electrical equipment, vehicles, aircraft and vessels, base metals and steel, textiles, clothing and footwear, chemicals, food and beverages, precious metals, optical and medical apparatus, stone, cement and glass products, paper. Its imports also decrease 5.9% year-on-year in March 2016. Its total imports are $35508.59 million. The main import partners are Germany, France and China. It imports minerals, engineering products, chemicals, motor vehicles, base metals, plastics, textiles. Imports declined because purchase of crude oil and natural gas decreased sharply. The account surplus of Italy is $1.12 billion.
GDP: $1848 Bn
The largest democracy in the world has a total GDP of $ 2,288.720 billion. According to nominal GDP it stands at rank 7 in the world.
While by purchasing power parity it is at rank 3 in the world after China and the United States, Its GDP by purchasing power parity is $ 8,642.760 billion. In the third quarter of financial year 2015-16, Indian GDP growth rate reached 7.3% & it surpassed China in terms of growth which had growth rate of 6.9 percent during the same period. It made India the fastest growing economy in the world. India the second largest country in the world by population has a population of 1254.02 million people of which 29650 thousand are employed. The unemployment rate of the country is 4.9 percent while the total unemployed people are 44.79 million.
The main industries of India are software, petroleum products, chemicals, pharmaceuticals, agriculture, textiles, steel, transportation equipment, machinery, leather, cement, mining, construction. Due to economic reforms Indian services sector lead the economy. Services sector contributes to 52.9% of Gross Value Added (GVA) to India's total GVA of INR 115.50 lakh crore.
India's main export partners are European Union, United States, United Arab Emirates and China. With a value of $ 61.2 billion, the petroleum products are exported the most by India. The list of goods exported is followed by precious stones ($ 41.2 billion) and automobile ($ 14.5 billion ). The total export stands at $ 26000.00 million.
The total import by India is $45200.00 million. India has good import relations with are China, European Union, Saudi Arabia, and United Arab Emirates. Most imported commodity is crude oil. Indians' fascination with gold makes it a prime importer of precious stones also. The balance of trade stands at $ -19200 million.
Interest rate in India is at 6.5% and corporate taxes are being charged at 34.61%. The foreign exchange reserves of India is at $ 361030.00 million.
GDP: $2288 Bn
The nominal GDP of France stands at $ 2,464.790 billion. It makes France the sixth largest economy in the world.
The PPP GDP of France is at $2,703.380 billion. According to purchasing power parity France is ranked at 9th place in the world & after Germany and the United Kingdom, France is the third biggest economy of Europe. Services sector in France contributes 79% in the composition of its GDP. Industries contribute 19.3% while Agriculture contributes up to 1.7%. The services sector of France is also strengthened by its tourism industry. Paris is one the most attractive tourist destination in the world. More than 80 million tourists visit France every year.
Population of France is 66.63 million. It has total 27444.30 people employed. The employment rate is at 64.60 percent. The GDP nominal per capita in France is $38,458.
Most of the export and imports of France is concentrated in the Europe itself. Total exports of is at $40751.76 million. Its main export partners are Germany, Belgium, Italy and Spain. France exported machines, engines, pumps worth US$57.3 billion constituting 11.3% of total exports. Next comes in export list Aircraft, spacecraft $54 billion (10.7% of total exports).
While the imports of France are $ 45644.79 million. Its main import partners are Germany, Belgium, Italy and Netherlands. France imported $66.9 billion worth of Machinery in 2015 which constituted 11.7% of its total imports. Oil imports stood at $60.2 billion which were 10.5% of total imports.
The inflation rate in France is -0.20% and interest rate is 0%. It is a developed economy. The corporate tax rate is 33.30%.
GDP: $2464 Bn
5. United Kingdom
UK stands at fifth position in the list of countries by GDP in the world in 2016. It has total nominal GDP of $2,760.960 billion.
Its GDP by purchasing power parity is $2,756.750 billion and it has 9th rank in GDP by purchasing power parity.GDP per capita in the United Kingdom is $44,249 making it the 16th richest country in the world. Economy of United Kingdom is growing at the rate of 0.40% & the unemployment rate is at 5.10%. The inflation rate is 0.30% and the interest rate is .50%. Population of the United Kingdom is 64.88 million. Total employed people here are 30395.00 thousands. The employment rate here is 74.20%.
Total exports of the United Kingdom is at $61684.33 million. Its main export partners are Germany, United States, and Netherlands. UK exported machines, engines, pumps worth US$ 63.9 billion constituting 13.9% of total exports. Next comes in export list gems, precious metals worth $53 billion (11.5% of total exports).
While the import of the United Kingdom is $67229.34 million. Its main import partners are Germany, China, and Netherlands. UK imported $83.4 billion worth of Machinery in 2015 which constituted 13.3% of its total imports. Vehicles imports stood at $76.8 billion which were 12.3% of total imports.
The services sector is the biggest contributor to the economy of the United Kingdom constituting 78% of GDP. Its services industry is dominated by financial services industry with London being the largest financial centre. Agriculture constitutes 0.6% of the economy. Agriculture employs less than 1.6% of the labor force, still it can produce 60% of the food needs. The use of technologies make it highly efficient.
Gross National Product of the United Kingdom is $660263.70 million. Foreign Exchange Reserves of the country is at $ 144976.46 million. Its gold reserves are 310.29 tones. The corporate tax rate is 20%. Personal income tax rate is at 20% while the sales tax rate is 20%.
GDP: $2760 Bn
Germany is the fourth largest economy in the world and largest economy in Europe.
Its nominal GDP is $3,467.780 billion & its GDP by purchasing power parity is $3,934.660 billion. Its GDP per capita of $41,955 makes it 20th richest country in the world & thr GDP growth rate of Germany is 0.70%. Its inflation rate is -0.70%. Consumer Price Index (CPI) is 107.10. The interest rate is at 0%.
GDP of Germany is constituted mainly by Services sector accounting for 69.1% of its GDP. Industries contribute by 30.2% while Agriculture contributes 0.7%. Germany is also fourth in contribution to the industry sector of the GDP of the world. In Germany every year many trade fairs are organized. Germany is the host of around two thirds of the world’s leading trade fairs.
Germany has a population of 81.20 million. It has total 43389.00 thousand people employed. The unemployment rate in Germany is 4.20%. Average wages per month in Germany is $ 3947.72.
Total German exports account for $ 119707.53 million. It has export relations with France, United Kingdom, Netherlands and United States. Germany exported vehicles worth US$ 249 billion constituting 18.7% of total exports. Next comes in export list machinery worth $ 226.1 billion (17% of total exports).
The total imports account for $ 90574.78 million. Its main import partners are Netherlands, France, Belgium and China. Germany imported machines, engines, pumps worth US$ 132.9 billion constituting 12.7% of total imports. Next comes in import list electronic equipment worth $ 124.1 billion (11.8% of total imports). This makes balance of trade at $29101.41 million.
GDP: $3467 Bn
Japan is at 3rd position in the list of countries by GDP nominal. Its nominal GDP is $4,412.600 billion.
According to purchasing power parity Japan is fourth largest economy in the world. Its GDP by PPP is $4,901.100 billion & Japan’s GDP per capita PPP is $38,216 making it the 29th richest country in the world. GDP of Japan is constituted mainly by Services sector accounting for 72.2% of its GDP. Industries contribute by 26.6% while Agriculture contributes 1.2%. Japan is also third in contribution to the industry sector of the GDP of the world.
Japan has a population of 126.82 million of which 63870 thousand are employed. The unemployment rate in Japan is at 3.2%. Japan is estimated to have a sharp decline in its working-age population by 2050. It will go down to 55.2 million which was 81.2 million in 2010.
The export of Japan accounts for $53.81 billion. Its main export partners are China, United States, South Korea and Thailand. Japan exported vehicles worth US$ 134 billion constituting 21.4% of total exports. Next comes in export list machinery worth $ 117.7 billion (18.8% of total exports).
Its total import accounts for $46.29 billion. Main import partners of Japan are China, United States, Australia and Saudi Arabia. Japan imported oil worth US$ 151 billion constituting 23.3% of total imports. Next comes in import list electrical equipment worth $ 90.2 billion (13.9% of total imports).
GDP of Japan is growing at the rate of 0.4%. The inflation rate and interest rates are at -0.10%. The balance of trade is $ 7.51 billion. Japan has total of $ 1262509 million foreign exchange reserves. Corporate tax rate is at 33.06%.
GDP: $4412 Bn
China is at second rank in the list of countries by GDP nominal. The nominal GDP of China is $11,383.030.
It is more than twice of the next in the list Japan & the GDP by purchasing power parity is $20,853.330. China has the largest economy in the world by purchasing power parity & the GDP per capita is $13,801 of China. China lost its place to India as the world's fastest growing major economy in the third quarter of 2015-16. China is the most populous country in the world at 1374.62 million people of which 77451 tens of thousands are employed. The unemployment rate in China is 4.04 percent. The inflation rate is 2.30% and interest rate is at 4.35%. Corporate tax is levied at 25%.
The export of China accounts for $2.282 trillion. Its main export partners are United States, Hong Kong, Japan and South Korea. China exported electronic equipment worth US$ 600.3 billion constituting 26.3% of total exports. Next comes in export list machinery worth $ 364.5 billion (16% of total exports).
Its total import accounts for $1.682 trillion. Main import partners of China are South Korea, Japan, United States and Taiwan. China imported electronic equipment worth US$ 431.6 billion constituting 25.7% of total imports. Next comes in import list oil worth $ 198.7 billion (11.8% of total imports).
The low wages, relaxed norms, lower taxes and good business ecosystem has helped China as the manufacturing hub of the world. Almost all big companies of the world have manufacturing unit in China.
China: $11383 Bn
1. United States
United States is ruling the list of countries by GDP nominal. Its nominal GDP is at $ 18,558.130 billion.
It is way ahead than many of next economies combined as its GDP by Purchasing Power Parity is at $ 18,558.130 billion and it is at second place in terms of GDP by purchasing power parity. Its GDP per capita nominal is $56,421 making it the fifth richest country in the world. US is home to many entrepreneurs. The capitalist economy of US promoted development of several industries.
GDP of Japan is constituted mainly by Services sector accounting for 79.6% of its GDP. Industries contribute by 19.7% while Agriculture contributes 0.6%. United States contributes 22% of the global GDP.
US is the fourth largest country in the world by area. It has abundant natural resources. Its advanced infrastructure and high productivity makes it one the largest trading countries in the world. United States is the biggest producer of oil and natural gas.
US has a population of 321.57 million of which 151004 thousand are employed. The unemployment rate in US is at 5%. The inflation rate is 1.1% and interest rate is at 0.5%. Corporate tax is levied at 39%.
The export of US accounts for $1.505 trillion. Its main export partners are Canada, Mexico, China and Japan. US exported machinery worth US$ 205.8 billion constituting 13.7% of total exports. Next comes in export list electronic equipment worth $ 169.8 billion (11.7% of total exports).
Its total import accounts for $2.309 trillion. Main import partners of US are China, Canada, Mexico and Japan. US imported electronic equipment worth US$ 332.9 billion constituting 14.4% of total imports. Next comes in import list machinery worth $ 329.3 billion (14.3% of total imports).
GDP: $18858 Bn
Top 10 countries were shortlisted based on their nominal GDP
Singapore is one the biggest destinations for business, careers and jobs owing to the large number of companies present in the country. Singapore is not only a haven for established companies to prosper, it also opens-up opportunities to new businesses. The top companies in Singapore include DBS group, Overseas Chinese Bank, United Overseas Bank, Wilmar International along with brands like Singtel, Flextronics International, Keppel Corp. and Singapore Airlines. Olam International and CapitaLand Limited are the other prominent companies in Singapore. Here is a list of the top 10 companies in Singapore 2016.
10. CapitaLand Limited
CapitaLand is one of the biggest real estate companies founded in Singapore.
Image: company website
They have huge asset base, extensive market network, capital management strategies, best-in-class operational strategies to provide superior value products and services to its customers. Their portfolio of product and services comprises of integrated developments, shopping malls, residences, offices and houses. They operate primarily in Singapore and China while they have also identified other high potential Asian markets. CapitaLand’s listed real estate investment trusts include- CapitaLand Mall Trust, CapitaLand Mall Trust, Ascott Residence Trust, CapitaLand Retail China Trust, and CapitaLand Malaysia Mall Trust.
The group began its integrated development first in the year 1986 at Raffles City Singapore. It has since then been tagged as an architecture of great quality and excellence in Singapore and China. CapitaLand’s Sustainable strategies are based on its ideology of “Building People, Building communities”. It is committed to provide an improved economic, environmental and social well being of all its stakeholders through the execution of its sustainable development projects and programmes. It also includes innovation to expand its commercial viability without comprising its environment for future generations.
It runs its own training centres and programmes ( CapitaLand Institute of Management & Business (CLIMB) and Ascott Centre for Excellence (ACE)) to nurture the talent within the company. Its workforce includes as many as 12000 members in more than 20 countries. Mr. Lim Ming Yan is the current President & Chief Executive Officer of CapitaLand. CapitaLand has won several awards to reinstate its position as one of the biggest real estate Asian company.
Sales $3.5 Bn
Profits $810 Mn
Total Assets $34.5 Bn
9. Olam International
Established in 1989, Olam International limited is one of the biggest global supply chain integrator, processor of soft commodities and product supplier operating across 16 platforms and catering to 16,200 customers around the world.
Image: company website
It has grown to be a multi-cultural, multi-national agri business with 62,500 employees from 70 different countries. It finds its presence in many businesses including cocoa, coffee, cashew, rice and cotton. It started as a trader of cashew from Nigeria into India. They have 47 different products now.
Olam is committed to ensure ethical, social, responsible and environmentally sustainable growth of the company and delivering long term value to the company’s shareholders. The company has revolutionized seed to shelf supply chains through sustainable measures and standards. Olam Livelihood Charter was launched in order to incorporate 8 charter principles of finance, improved labor, yield, market access, quality, traceability, social investment and environment impact as a benchmark for the business. Company has managed several such OLC initiatives.
Evolution of Olam business model has helped the company develop its new upstream, midstream and downstream parts of value chain. In upstream value chain return integration opportunities were identified within the value chain and selective investments were made.
A solid base in origination was aimed at sourcing and supplying various agricultural commodities. Midstream integration was done to launch initiatives in value added processing and manufacturing activities. They have built a consumer franchise and distribution infrastructure in several different markets. They have embarked upon a fertilizer manufacturing and distribution business.
Sales $13.9 Bn
Profits $-47 Mn
Total Assets $14.7 Bn
8. Singapore Airlines
Singapore Airlines is one of the world’s leading airlines that spans over 90 cities and more than 40 countries.
They are the world’s largest operator of Boeing 747-400’s better known as Megatops. They were the pioneer of in-flight services such as offering free drinks and complimentary services and they have set new standards in offering world class service to its customers. Singapore Airlines Limited is the national carrier of Singapore and major carrier in Pacific , European and North American region.
It is owned by Singapore government by a major stake of 50% and above while minor stakes are held by Delta and Swissair. It has been one of the most consistently profitable airlines and has never been under debt. Incorporated in the year 1972, the airlines have been synonymous with impeccable services by the Singapore girls, who were extremely friendly in conduct to their passengers. Its first chairperson was the former joint chief of MSA J.Y Pillay. SIA established a subsidiary called Singapore Airport Terminal Services Ltd in 1973.
In July 1977 the company announced joint operations with British airways to extend its services to London and other European countries. In 1989 SIA teamed with Delta and Swiss Air to create a global alliance. It has also partnered with other airlines to expand its services. The company has as many as 13,500 employees who are professionally trained by the company training programmes.
Sales $11.2 Bn
Profits $450 Mn
Total Assets $16.8 Bn
7. Keppel Corp
Keppel Corporation is a global company in offshore and marine infrastructure and property delivering sustainable growth, empowering lives of stakeholders and nurturing communities.
They execute businesses in offshore &marine, properties, infra and investments profitably and responsibly. The company is driven by strong values and strong results & Lee Boon Yang is the chairman of the company while Loh Chin Hua is its CEO. The company has an innovation group by the name of Keppel Technology advisory Panel constituted by industry experts. It was established in 2004 as a mechanism to promote talent leaders within the company.
Koppel’s offshore and marine business is one of the largest in the world with a network of over 20 yards and offices globally. The property business of Keppel is known for its award winning portfolio of properties and commercial properties spread over Asia. Keppel infrastructure and other subsidiaries within the infrastructure segment of the company own and operate competitive energy and solutions and services. Power and Gas, environmental engineering, logistics and data centres are included in its infrastructure division. Company so far has invested in mainly krisEnergy, k1 ventures and M1 ventures. Company has also tended to the need of sustainable energy resources for the future use.
Keppel Corporation was made into a business in the year of 1968 and it derives its name from Captain Henry Keppel who was behind the discovery of Singapore harbor. Now it is renamed as Keppel harbor in his honor. Keppel has since then ventured into several diversified businesses due to the people within the organization proudly called as keppelites.
Sales $6.7 Bn
Profits $992 Mn
Total Assets $21.1 Bn
6. Flextronics International
Flextronics International is one of the biggest companies in the field of innovative technologies, sketch to scale inception, state-of-the-art manufacturing, and global citizenship.
They have a workforce of 200,000 innovators working across 30 different countries and have formed a network to connect the world around them. They are leaders in the categories of design, manufacturing, distribution, and aftermarket services. It works in over 100 sites across these 30 countries to solve big or small challenges of its customers around its connected network. They solve complex technological and logistical challenges in virtually all the industries. Through the use of speed, efficiency, and cost effectiveness in the life cycle of the product offerings they bring customers closer to the markets and help them gain access to the vast global footprint, hence developing a supply advantage at every place.
Their SAAS-based global supply chain and sketch- to-scale platform are the best offerings. Their emphasis on collective innovation among its Centres of Excellence is an essential segment of its operational strategy. They have also partnered with research institutions, universities, Technology accelerators and suppliers to create unique solutions that can be applied across the industry. Global reach and innovation has helped them to stay competitive by maintaining its quality and reliability standards.
Company tests its quality and reliability through investment in lean manufacturing, Six Sigma processes and FlexQ systems. Their integrated industrial parks are situated in countries such as Brazil, China, Hungary, India, Malaysia, Mexico, Poland, and Ukraine. These locations are so selected to reduce expenses and boost efficiency.
Sales $24.6 Bn
Profits $518 Mn
Total Assets $13.1 Bn
Singtel group is Asia’s leading communication group that offers diverse range of services including calling, mobile data, internet, TV, infocomms technology and digital solutions.
It is based in Singapore and has more than 130 years of experience. Its subsidiary in Australia is a leader in integrated communications and has attained fame for launching innovative products and services & they have strategically invested in companies like Bharti Airtel, Globe Telecom etc. They work in close proximity with their associates to provide large scale networks, customer reach and extensive operational efficiency to lead in communication industry. The group caters to 600 million customers across the world and is one of the largest public companies by its market capitalization. The group covers offices in Asia, Europe and US with more than 23,000 people employed by it. They have 40 offices in 20 countries.
It is a leading provider of next generation communication, infotainment and technology services. Group Enterprise provides companies and governments with integrated ICT solutions that include mobile, voice and data communications, managed services, cloud computing, IT services and professional consulting. Being a market leader in Asia, its range of ICT solutions is backed up by an extensive data network and infrastructure that spans across various countries and regions.
Group Digital life is aimed at focusing on the digital space and it covers areas of digital marketing and analytics. Its scale and size of customers, payment mechanisms and extensive consumer interactions help in discovering amazing experiences as a service to its customers.
Sales $12.5 Bn
Profits $2800 Mn
Total Assets $30.9 Bn
4. Wilmar International
Wilmar International limited was founded in 1991 and is today one of the leading agribusiness group in Asia.
It is headquartered in Singapore and has huge market capitalization & Mr Kuok Khoon Hong is its chairman and CEO. Wilmar deals in several businesses such as oil palm cultivation, oilseed crushing, edible oil refining, sugar refining, specialty fats and oleochemicals, biodiesel and fertilizer manufacturing as well as flour and rice milling. The integrated Agribusiness Model practiced at Wilmar includes entire value chain processes ranging from cultivation, processing to manufacturing wide range of agri-products. It has over 500 manufacturing plants and an extensive distribution channel spread over 50 other countries in Asia. The group has a huge task force of 92,000 people.
Wilmar has established itself as one of the most preferred company that delivers high quality processed agricultural products to its consumers and manufacturing industry. Its consumer –packed products have profound reach in many Asian and African markets. Wilmar is able to reap margin at each step of the value chain through economies of scale, integration and logistical advantages of its business model. Operational efficiency in the company helps them to attain cost effectiveness coupled with sustainable growth and responsible corporate citizenship practices.
Wilmar has reached at a point today to become the world’s largest processor and merchandiser of palm and lauric oils, manufacturer of oleo chemicals, fats, palm biodiesel and consumer oil packs . it is owner of the largest palm plantation and refineries in Indonesia and Malaysia. It is also one of the leading edible oil refiners and branded consumer pack oils.
Sales $38.8 Bn
Profits $1100 Mn
Total Assets $37.9 Bn
3. United Overseas Bank
United Overseas bank is a well established bank in Asian markets, founded on on 6 August 1935.
They are spread across in Singapore, Malaysia, Indonesia, Thailand and China. It was founded by Wee Kheng Chiang and was initially known as the United Chinese Bank & the name was later changed to UOB in the year 1965. The bank has a history of acquisitions and has several subsidiary operations such as United Overseas Bank, Malaysia, United Overseas Bank, Thailand, UOB Indonesia and United Overseas Bank (China). UOB has a network of more than 500 offices in about 19 different countries. UOB provides a wide range of financial services such as personal financial services, private banking, commercial and corporate banking, investment banking, corporate finance, capital market services, asset management, venture capital management etc.
It has a global network of branches, offices and subsidiaries to serve its customers. UOB is market leader in the credit card segment and home loans segment in Singapore. It is also active in providing loans to small and medium enterprises. UOB was declared as best Retail bank in Singapore in the year 2011 and has won other awards over these years.
UOB has contributed towards children, education and the arts as a societal offering. It also conducts various volunteerism programs to raise awareness among masses on various subjects. UOB’s strategic model has helped them to grow their business sustainably and efficiently. Integrity, trust and respect are the pillars of fair dealings of the company.
Sales $7.7 Bn
Profits $2300 Mn
Total Assets $222.8 Bn
2. Overseas Chinese Bank
The OCBC bank group comprises several companies owned by Singapore’s longest-established bank.
OCBC bank was formed in 1932 after the merger of three local banks. They are efficient in catering to the financial needs of the customers and developing financial solution that meet their needs and OCBC bank has been ranked as world’s strongest bank by Bloomberg. By the value of the assets it is the second largest banking group in Singapore, second only to DBS group. They operate in 18 countries as OCBC bank, Bank OCBC NISP and Bank of Singapore. They have invested in several independent brands. It is also involved in insurance, asset management and brokerage through different names.
They offer a comprehensive range of financial and wealth management services including deposits, lending, credit cards, corporate Banking, cash management, Investment banking, private banking, stock broking and asset management. OCBC is one of the largest listed companies in Singapore by market capitalization. It employs more than 29000 employees globally. It operates in more than 18 countries and territories across Asia. The key markets that the bank operates in are Singapore, Indonesia, Malaysia and Greater China. It has a huge global network of over 620 branches and offices and majority of them are situated in Singapore and Indonesia. Customers, People, Teamwork, Integrity, Prudent risk taking, Effectiveness are the values of the company that helps them cater to their shareholders and customers profitably and sustainably.
Sales $8.7 Bn
Profits $2800 Mn
Total Assets $275.1 Bn
1. DBS group
DBS group holdings ltd. Is an investment holding company that provides various commercial banking and financial services in Singapore, Hong Kong, Greater China, South and Southeast Asia and internationally.
It was founded in 1968 and is headquartered in Singapore Company is spread across 18 markets through 280 branches offering financial services. The company’s subsidiary DBS Bank Ltd, is engaged in several banking operations such as commercial banking and retail banking operations. Consumer Banking/ wealth management , institutional banking, treasury are some of the segments that the bank operates in, Wealth management services are aimed at providing individuals with range of banking and related financial services such as current/ savings account, fixed deposits, loans, home loans, car loans, investments and insurance etc.
Institutional banking segment provides several financial products and services to institutional clients including Banks, NBFC’s, government run companies, corporate, PE firms etc. The Treasury segment is involved in selling, structuring, market-making, and trading financial products, such as foreign exchange, interest rate, debt, credit, equity, and other structured derivatives, as well as managing surplus funds. It serves corporations, institutional and private investors, financial institutions, and other market participants. The others segment offers stock broking and merchant banking services.
In Singapore alone DBS bank serves around four million customers in about 80 branches and in Hong Kong, the bank serves 1 million customers through about 50 branches. Mainland China is the new target area for the bank to expand its operations as it opened its DBS China branch only in 2007 with Shanghai as its Headquarters. The company plans to form an integrated branch network across the vast country. DBS is one of the largest trade financers in Indonesia too.
Sales $9.9 Bn
Profits $3200 Mn
Total Assets $322.8 Bn
1.Top 14 companies in Singapore were selected.
2.Percentages of revenues, profits and assets are taken of the totals, and then weightages of 0.33 are given to given to all to calculate the overall score
Airlines have become the most effective way of travel not only for business purposes but even for personal travel in India. With many established players and the growing performance of low cost carriers, the aviation industry in industry has grown phenomenally. The top airlines in India are Air India, Jet Airways, Indigo and Spicejet. Brands like GoAir, Vistara & AirAsia have grown their operations along with Trujet, Air Costa and Air Pegasus. Here is a list of the top 10 airline companies in India 2016.
10. Air Pegasus
Air Pegasus is a regional airline based out of Bangalore, India.
Air Pegasus is a subsidiary of Décor aviation, which is an aircraft ground handling services company, which has grown significantly over the last few years in its operations in India. Air Pegasus started its operation on April 12, 2015 and the first flight of air Pegasus flew between Bangalore and Hubli. Main hub of Air Pegasus is at Bangalore (Kempegowda International Airport), it covers eight airports across South India. They have a fleet of three ATR 72-500 aircraft. First delivery of ATR-72 aircraft is being done in September 2014. Air operators Permit is being received by Air Pegasus on 24 March 2015.
Pegasus Airlines has recently declared its financial results for Q1 of 2016. In Q1, and according to the report Pegasus has achieved a turnover of 691,100,801 Turkish Liras, and its growing by 19% year-on-year.
On the announcement of the financial results, Pegasus Airlines CEO Mehmet T. Nane commented that, we have implemented strategies to increase our aircraft utilisation and the share of our ancillary revenue in total revenue, during what is regarded as the quietest season in the sector. They have streamlined their business strategy for the upcoming period. Entire team of air Pegasus is well-equipped to further improve their service quality during busy summer months.”
Average Monthly Passengers (in Lakhs): 0.15
Number of destinations: 8
9. Air Costa
Air costa airline is owned by LEPL group, an Indian business company.
Image: company website
This airline has its headquarters at Vijaywada, India and currently, it has 0.8% market share, which has been growing due to its operation efficiency and growth. In February 2012, Air Costa received a No-Objection Certificate (NOC) from the Ministry of Civil Aviation, and has grown steadily as a brand. Air costa is mainly a regional airline, which started its operation using two Embraer E-170 aircraft in Oct 2013. But Air costa got its license upgraded for flying flights across India on Dec 2015. Main focus of the airline is on connectivity between tier II and tier III cities in the country. No of daily flights of Air Costa is 32 daily flights which spreads across nine destinations.
Tagline of Air costa if Happy flying. Recently it has been awarded as most promising airline 2016. This Airline is one of the growing industry of India. It also offers good opportunities and facilities for employees such as discounted tickets and good perks. It offers tickets in economy and economy plus category, and one more striking feature of this airline is that it does not have any middle seat, and has only Aisle and window seat. They also have the facility of web check in, so as to make the flight more convenient for passengers.
Average Monthly Passengers (in Lakhs): 0.59
Number of destinations: 9
Like Air Pegasus and Air costa, TruJet is also a regional airline which is based out of Hyderabad, India.
Image: company website
Trujet is a subsidiary of Turbo aviation, which is an aircraft maintenance and ground handling services’ company, and has grown its operations significantly since last year. Trujet is a brand name of Turbo Megha airways, which has started its operations on 12 July 2015. And its first flight was from Hyderabad to Tirupati. It currently covers seven destinations within India and has a fleet of three ATR 72-500 aircrafts.
Turbo Aviation started in 2003 manufacturing of ground support equipment. It also provides ground handling services to SpiceJet, spread across nine airports in southern India. Ministry of Civil Aviation (MoCA) gave them their approval to start scheduled air services from July 2014. This company is highly promoted by Vankayalapati Umesh and Ram Charan.It has identified 18 tier-II city airports in South India for expansion of operations. In December 2014, Indian government gave the company permission to import two ATR aircraft so that they can qualify for an air operator’s permit. And on July 7 2015, the DGCA issued a Regional Airline Permit to the company. Two more ATR 72-500 will also join fleet by mid-2016 also. TruJet also has plans to add bigger aircraft for metro routes.
Average Monthly Passengers (in Lakhs): 0.16
Number of destinations: 10
7. AirAsia India
AirAsia India is formed as a result of joint venture between Tata Sons with 40.06% stake, Air Asia Berhad holding 49% stake and remaining stake shared by Arun Bhatia through his company Telestra Tradeplace.
This airline has it’s headquarter in Chennai, India and the primary hub of Air Asia India is in Bangalore, and it started with its operation on 12 June 2014. Formation of Air Asia India marked the return of Tata’s in aviation industry after sixty years, with a market share of Air Asia India is around 2.2%. When in 2013 Feb, Foreign direct investment up to 49% is allowed by Indian Government in airlines, then Air Asia Berhad used this opportunity and applied to Indian Foreign Investment Promotion Board (FIPB) for asking permission to start its operations in India. Now, AirAsia has also planned to start its operations in tier II and tier III cities. Presently, Air Asia India covers 10 destinations.
Tony Fernandes, Air Asia group founder wants Ratan Tata to be the chairman, but he refused to be the chairman but later on became chief advisor to Management board of Air Asia India. Mittu Chandilya was appointed as CEO of Air Asia India on 15 May 2013. And S. Ramadorai was appointed as Chairman of the company. Amar Abrol is the current CEO of Air Asia India.
Average Monthly Passengers (in Lakhs): 1.42
Number of destinations: 10
Vistara was formed as a result of tie-up between Tata Sons and Singapore Airlines in 2013 but started its operation in July, 2015.
Image: company website
Vistara has its headquarters at Gurgaon and its first flight flew between Delhi and Mumbai. The major hub of the airline is at Indira Gandhi International Airport situated in Delhi, and has a market share of 2% and covers 16 domestic destinations, which they have been serving consistently. Its fleet has Airbus A320-200 aircraft. Premium economy seats were introduced for the first time in India by Vistara. Vistara offers 16 business class seats and 36 premium economy seats.
Vistara appointed Sanjeev Kapoor as its chief strategy and commercial officer in 2016. Club Vistara has been started as frequent flyers programme by the airline. Award points in this programme is decided not by the number of miles flown but by the amount of money spent. From the very first month of operation, this airline is continuously achieving very high on-time performance (OTP) records of over 90 percent, which is highest among India's domestic carriers.
Vistara selected both CO and CCO with Singapore Airlines background i.e. Phee Teik Yeoh as the chief executive officer (CEO) and Giam Ming Toh as the chief commercial officer (CCO). Recently in March 2016, Sanjeev Kapoor has been appointed as chief strategy and commercial officer as the successor of Giam Ming Toh.
Average Monthly Passengers (in Lakhs): 1.19
Number of destinations: 16
GoAir is formed in year 2005, and is wholly owned by an Indian Business Conglomerate Wadia Group.
GoAir started its operation in November 2005 and has a market share of around 8%, and has become one of the most recognized brand names in the Indian aviation industry. GoAir has its headquarters in Mumbai, India and started its operations in Nov 2005 with a fleet of Airbus A320 aircrafts. It covers 22 destinations and has its major hubs at Mumbai and Delhi. GoAir covers its destinations through 140 daily flights. This airline has a slow economic growth as compared to its counterpart like Indigo, reason they gave for this is that it is their planned strategy to cope up with tough aviation environment of India.
Moreover, they also want to focus mainly on profitability rather than increasing market share and no of destinations covered. Currently, it has a market share of around 8%. GoAir is planning for an Initial Public Offering (IPO) in 2016.Jehangir Wadia was appointed as the Managing Director of the airline since its beginning in November 2005.GoAir also has a joint managing director named Wolfgang Prock-Schauer from April 2016.
Since it is a low cost carrier, GoAir provides options for ordering in-flight food. The airline also publishes Go-getter- their inflight magazine. Premium services such as free meals, increased baggage allowance, priority boarding etc. GoAir has also won a lot of awards such as Best Domestic Airline for excellent Quality and efficient service by Pacific Area Travel Writers Association in 2008. Also won the title of Best Performing Airline by Airbus .
Average Monthly Passengers (in Lakhs): 5.97
Number of destinations: 22
Spicejet airline was established in 1894, as a air taxi provider by the name Modiluft.
Later on, an Indian entrepreneur Ajay Singh acquired the company in 2004 and renamed it as Spicejet, which has become a popular brand name in the Indian airline sector. This airline commenced its operation with first flight on May 2015, and is headquartered in Gurgaon with a market share of around 13.2%. Primary hubs of Spicejet is at Delhi, Chennai and Hyderabad. Spicejet flight covers 41 destinations, out of which 35 are Indian and 6 abroad destinations. It operates 306 flights every day. Boeing 737 and Bombardier Dash aircraft’s fleet is being operated by Spice jet.
Logo of Spicejet consists of 15 dots organised on row of three, with five dots each in a row in the order of their decreasing sizes on a red background In June 2015, Addition of tagline Red.Hot.Spicy has been done to the logo. All spice jet Aircraft has its name starting with the name of an Indian Spice. Tagline of Spice jet is “Flying for every one “.
Recently, this low cost airline- Spice jet has announced that it will supply 71500 litres of water to 11 villages every day in Latur district. Spice jet flights have seating capacity of only 186 passengers, and offers only economy class. Although they provide premium services under the name Spice Add-ons, where lot of additional benefits are available for passengers like priority baggage handling, pre-assigned seat, and also priority check-in at a higher fare.
Average Monthly Passengers (in Lakhs): 8.89
Number of destinations: 41
The Indigo airline was started as a private company in 2006 by Rahul Bhatia (Inter Globe Enterprises) and Rakesh Gangwal, an NRI.
Indigo has its headquarters in Gurgaon, Haryana, and started its operation on 4 Aug 2006, & its first flight was from New Delhi to Imphal via Guwahati. 51.12% of the total stake of Indigo is being shared by Interglobe while rest is shared by Caelum investment, Virginia based company formed by Rakesh Gangwal. The logo of the airline is twenty round dots organised in the shape of an aircraft. The airline has high focus on reducing the turnaround time of the airlines ie mainly focussed on punctuality. Indigo has a target of around 20 minutes turnaround time.
Indigo flights serve 40 destinations, out of which 35 are in India and 5 are foreign flights. It covers these destinations through 679 daily flights .As of now, Indigo has become the second fastest growing low-cost carrier in Asia after Indonesian airline Lion Air. Reduced operational cost of the airline is because of their unique business model. Some of the salient features of their unique business model are : involving themselves in bulk deals with Airbus for reducing costs, operating a single type of aircraft i.e Airbus 320 and that too in same configuration which makes crew training ,a simpler work. Employees of Indigo performs different functions from check in staff to baggage handler which reduces the manpower requirement.
Indigo airlines has won a lot of best low cost carrier award by organisations like Airline passengers Association of India, CNBC Awaaz, Skytrax etc. Indigo has a market share of around 38.4%. Recently, Rohit Philip, former vice president of United Airlines has been appointed as Chief financial officer of Indigo Airlines.
Average Monthly Passengers (in Lakhs): 26.21
Number of destinations: 40
2. Jet Airways
Jet Airways was founded on 1 April 1992, and it was formed as a limited liability company.
It started its operation with a fleet of four Boeing 737-300 aircraft, and is one of the main-stay airline players in the Indian airline sector. Although Jet airways started its operations in 1995, it added international flights in its profile only in 2004, which has added more value to the brand. The first international flight of Jet airways was from Chennai to Colombo. Jet airways acquired Air Sahara in 2007. Jet airways is based out of Mumbai, India. Primary hub of jet airways is at Chhatrapati Shivaji International Airport (Mumbai). Market share of jet airways is around 21.2%.
It covers 68 destinations worldwide and it covers these destinations through 300 flights daily. Jet airways is listed on the Bombay Stock Exchange (BSE) and it became public on 28 December 2004.51% of company’s stock is owned by Naresh Goyal through his company Tailwinds International.
Jet Airways' original colour was navy blue with light grey and yellow. But, .in 2007, a new logo was created by Landor Associates which further added yellow & gold ribbons with tagline “Flying sun”. Later on Jet Airways also introduced their new identity with a global brand re-launch which involves new seating arrangement. Due to global economic downturn in 2008, jet airways was forced to discontinue their international routes for San Francisco and Shanghai. But later on restored these routes.
Average Monthly Passengers (in Lakhs): 13.36
Number of destinations: 68
1. Air India
Air India was founded by J.R.D. Tata in 1932, and it was renamed later on as Tata Airlines.
But after World War II, it came under government ownership was renamed as Air India and presently it is owned by a government of India enterprise ie Air India limited. Air India has its headquarters in New Delhi, & its major domestic hubs of Air India is in Delhi and Mumbai, and it serves 84 destinations which includes 48 domestic and 36 international destinations spread over 24 countries. Fleet of Airbus and Boeing is being operated by Air India. On July 2014. Air India became the twenty seventh member of Star Alliance. Since 2006, Air India has suffered continuous losses.
Mascot of Air India is Maharajah (Emperor), which was created by Bobby Kooka and Umesh Rao, an artist. In 2015 makeover of the mascot is being done to give a younger look to it. Colour scheme of Air India is red and white. Airlines’ name is written in Hindi on one side and on another in English.
Air India has also won a lot of awards. In year 2006, it was awarded preferred International Airline from Awaz Consumer awards. Also awarded for best corporate social responsibility initiative, was selected as Reader’s digest trusted brand and many more.
Average Monthly Passengers (in Lakhs): 11.32
Number of destinations: 84
1.The top airline players in India are considered and their average monthly passengers carried and total number of destinations served are calculated.
2.Weightages of 60% and 40% are given to the passengers carried and the destinations respectively, and the total score is calculated.
3.Based on the score, the final ranking is done
Pharmaceutical Industry in India is very huge in market size. It is worth 14 Billion USD currently and is growing. The pharma sector not only fulfills the domestic needs but also exports medicines abroad. Top Indian pharma companies are lead by Dr Reddy's, Lupin, Cipla, Cadila followed by brands like Sun, Torrent, Aurobindo etc.
Here is a list of Top 10 Pharma Companies in India 2016 on the basis of Revenue, Profit and R&D Expenditure.
10. PIRAMAL ENTERPRISES
Piramal Enterprises which was formerly named as Nicholas Piramal is one of the largest pharma companies in India.
The company was founded in 1988 and has its headquarters in Mumbai in the state of Maharashtra. Ajay Piramal is the current chairman of the company and It is a part of Piramal Group, its healthcare division forms a major part of the group. Apart from Healthcare, Piramal Group is also operating in areas of retail, glass manufacturing as well as real estate. The Piramal Healthcare operates two divisions which are Pharma and Healthcare solutions. The manufacturing facilities for Healthcare solutions is located in Himanchal Pradesh and Maharashtra while manufacturing facilities for Pharma solutions are located in Tamil Nadu, Andhra Pradesh, UK and Canada. PHL has its presence globally in Asia, North America and Europe.
The Pharmaceutical segment consists of Pharma solutions, OTC, Critical Care, Life sciences and Ophthalmology.
Entire drug cycle which covers all the processes from manufacturing to supplies of API comes under the purview of Pharma solutions.
It’s OTC and Ophthalmology division includes popular products like Equal, Caladryl and Saridon. The compounds are optimized and discovered by life sciences division in the areas of Imaging and Bio-orthopedics.
It is the only company with a complete portfolio of IA (Inhalation Anesthesia) drugs and is the third largest player in global IA market.
In 2015, Piramal expanded its ability to make sterile injectable products by acquiring Coldstream Laboratories. Piramal invested approximately 60 crores to fuel its R&D division and make innovative products.
Revenue: 3477.53 Crore INR
Profit: 1061.15 Crore INR
R&D Spent: 60.82 Crore INR
9. DIVIS LABORATORIES
Divis Laboratories was established in 1990 with its fundamentals in research and development. It is mainly focused on developing APIs (Active Pharma Ingredients) and Intermediates.
With an experience of five years, Divis Labs established its first manufacturing facility in 1995 after helping many companies with its consulting strengths. The company has two manufacturing facilities today or units. One is at Hyderabad where the plant has 13 multi-purpose production blocks with scope of further expansion. The other one is at Vishakhapatnam with 14 production blocks. Both the facilities are primarily aimed at manufacturing APIs and advanced intermediates for discovery compounds, building blocks for peptides and nucleotides as well as carotenoids and chiral ligands. Each of the plants have their R&D center that mainly develops alternative synthesis routes to achieve non-infringement of patents and optimize products without sacrificing quality.
Divis Laboratories is truly a global company in its outlook and strive to attain best standards in quality. Some of the Divis labs products under validation are Vildagliptin, Ranolazine, Linagliptin etc.
The company also exports its products to American and European countries and has two subsidiaries- Divis Laboratories (USA) and Divis Laboratories Europe AG.
The company has its R&D as its strengths and invested approximately 40 crores to fuel its research. The two other strengths are its technologies by which it handles all the hazardous chemicals effectively and Quality units which is further divided into Quality Assurance (QA) and Quality Control (QC) units. Divis Labs has won many awards for its best practices and safety management systems in its endeavor to achieve something great.
Revenue: 3713.96 Crore INR
Profit: 1107.15 Crore INR
R&D Spent: 37.14 Crore INR
8. SUN PHARMACEUTICALS
Sun Pharma is an Indian pharmaceutical company that was founded by Dilip Shanghvi in 1983. It is headquartered in Mumbai, Maharashtra.
It manufactures as well as sells APIs (Active Pharmaceutical Ingredients) in India as well as US.It started in Vapi with 5 products that treated Psychiatry ailments. In 1987, cardiology products were introduced and after that in 1989, Gastroenterology products were introduced. Today Sun Pharma is the market leader in Psychiatry, Cardiology, Ophthalmology, Neurology, Gastroenterology and Nephrology.
Sun Pharma has a drug named Synriam that is very effective in treating Malaria which is one of the most common infectious diseases in the world and also provide ARV (Anti-Retroviral) therapy which helps in fighting the war against AIDS.
Sun Pharma acquired Ranbaxy Laboratories in 2015 which is one of the biggest acquisitions ever in the Pharmaceutical industry and became the largest pharmaceutical company in India and 5th largest in the world. It also acquired GSK’s Opiates business in Australia the same year. Its state-of-the-art manufacturing facilities are located in five continents and around 150 countries majorly in India, US, Canada, Ireland, South Africa, Malaysia and Mexico.
Sun Pharma sees value when it invests in its Research and Development and thus invests heavily in order to upgrade its technology and make robust products for diverse markets. Its R&D expenditure was around 860 crores in FY15-16.
Sun Pharma always focus on quality in all its operations be it testing, manufacturing or R&D of its pharmaceutical products. This year in 2016, Sun Pharma is set to launch its eye-care drug named BromSite which had already been approved by US FDA in April.
Revenue: 7127.95 Crore INR
Profit(Loss): (1213.08) Crore INR
R&D Spent: 857.84 Crore INR
7. GLENMARK PHARMACEUTICALS
Glenmark Pharmaceuticals is an Indian company that came to existence in 1977 and it is headquartered in Mumbai.
Glenmark has operations in more than 90 countries with 16 state-of-the-art manufacturing facilities in five countries and six R&D centers. The formulation business has six manufacturing facilities- 4 in India and 2 overseas. In India, its manufacturing facilities are located in Maharashtra, Himanchal Pradesh, Goa and Gujarat while overseas facilities are located in Czech Republic and Brazil. It is operating under three business, which include:
Glenmark has significance presence across emerging economies in branded generics market and is enhancing its marketing network in both domestic and international markets. It is a leading player in discovering new molecules both NCEs (new chemical entity) and NBEs (new biological entity). It heavily invests in its R&D spending around 290 crores.
Glenmark has seven molecules which are under various stages in clinical and pre-clinical trials. The molecules which are under clinical trials are Crofelemer (It can become India’s first NCE launched across emerging markets), GRC17536, GRC15300 and Vatelizumab. It has also won many awards and accolades for exceptional innovations and patents.
Revenue: 5817.39 Crore INR
Profit: 1468.43 Crore INR
R&D Spent: 290.86 Crore INR
6. TORRENT PHARMACEUTICALS
Torrent Pharmaceuticals Ltd. Is based in Ahmedabad in India and established in 1959.It was initially promoted as Trinity Laboratories by U.N Mehta and was later known as Torrent Pharmaceuticals.
It is the top player in therapeutic areas of CNS (Central Nervous System) and CV (Cardiovascular) and has significant presence in Gastro-intestinal, Diabetology and Anti-effective management systems. Torrent currently operates in more than 40 countries with over 1200 products registered globally. Torrent has seven fully owned subsidiaries in Germany, Brazil, Russia, US, Philippines as well as Canada.
Torrent Pharma with its niche marketing right from the start and being the company with most number of First launches ensured that it is always ahead of the competition. It also entered therapeutic segments of oncology and nephrology.
Torrent Pharma is now looking for more collaborations and marketing of its products to become the most competitive company worldwide. It has all the technical capabilities, cost advantages, International accreditations as well as global reach.
Torrent Pharma has earned many awards and accolades including the “Export Excellence Awards” bestowed by the government of India. It is the sole manufacturer of Insulin Formulations since 1990’s for Novo Nordisk with dedicated packaging facility for Insulin.
It has world class manufacturing facilities in India situated in Gujarat, Himanchal Pradesh and Sikkim. Torrent is one of the few pharma companies which realized the importance of R&D and so it heavily invests here with this year expenses amounting to around 210 crores to work effectively on drug discovery and development projects.
Torrent Pharma has also acquired the branded formulations of Elder Pharmaceuticals in Nepal and India and thus expanded its already wide portfolio of Products.
Revenue: 5280 Crore INR
Profit: 1898 Crore INR
R&D Spent: 211.12 Crore INR
5. AUROBINDO PHARMACEUTICALS
Aurobindo Pharma Limited is a pharmaceutical company established in 1986 by Mr. P.V. Ramaprasad Reddy with other highly committed professionals.
The company has its headquarters in Hyderabad in India and Aurobindo Pharma started its operations in 1988 with a single unit which manufactured SSP (Semi-Synthetic Penicillin) at Pondicherry. Aurobindo Pharma is present in therapeutic areas like Cardiovascular, Anti-diabetics, Gastroenterology and Neurosciences among others. The company also entered the specialty Generics segment for high margins through its effective production capabilities and it is also into manufacturing APIs and Formulation products.
The company has dedicated R&D facilities that discovers new drugs and formulations. This year it invested approximately 400 crores.
Aurobindo Pharma has global presence exporting its products to around 125 countries and over 70 percent of revenue from international operations. It has multiple facilities which are approved by leading regulatory agencies.
The core strengths of Aurobindo Pharma are:
In 2014 Aurobindo Pharma acquired generic operations of Pharma Company named Actavis in seven western countries.
Aurobindo Pharma is actively involved in CSR activities by providing subsidized transport to local people and held medical camps for employees as well as their families. The marketing partners of Aurobindo includes Pfizer and AstraZeneca.
Revenue: 8608.55 Crore INR
Profit: 1548.83 Crore INR
R&D Spent: 395.90 Crore INR
4. CADILA PHARMACEUTICALS
Cadila Pharmaceuticals is an Indian pharmaceutical company which was founded in 1951 with a mission to provide affordable healthcare for people.
The company was founded by Mr Indravadan A Modi and is headquartered in Ahmedabad in the state of Gujarat. Cadila sells as well as manufactures Active Pharmaceutical Ingredients (APIs) and finished Formulations in over 80 countries around the globe. In 1995, the company was restructured into 2 separate companies namely Cadila Healthcare and Cadila Pharmaceuticals.
The company offers formulations in the therapeutic areas like cardiovascular, analgesics, anti-infectives, antibiotics, respiratory agents and antidiabetics.
Cadila believes in strong scientific collaborations with world class institutions to develop medical treatments for unmet needs. In 2013 they joined hands with Helperby for antibiotic drug research and development. The company has a very large production facilities located at Dholka in Gujarat, Samba, Jammu and at Addis Ababa in Ethiopia.
It is the first company to get ND (New Drug) approvals for clinical trials to be conducted in India. The company has well established R&D facility at Dholka in Gujarat and it spends high on its research of new drugs and formulations. The company spend almost 640 crores in its R&D this financial year. The company is also first to introduce Rabeloc in the world. It is the only Indian manufacturer which manufactures Hyaluronic and Streptokinase products.
Cadila also offers Contract Manufacturing and Contract Research in the services segment. Cadila produces many brands which also includes some of the champion brands like Polycap, Risorine and Aciloc which mainly cures heart diseases and Tuberculosis.\
Revenue: 6436.52 Crore INR
Profit: 1977.33 Crore INR
R&D Spent: 643.60 Crore INR
3. CIPLA PHARMACEUTICALS
Cipla Pharmaceuticals is a global company which was founded in 1935 by Dr. K.A Hamied and its main mission is to provide medical support to every patient.
It is one of the biggest pharmaceutical and biotechnology companies in India today and has presence in around 170 countries including Europe, South Africa and North America. APIs, Veterinary and Formulation are its highlighted products and services. It is headquartered in Mumbai in the state of Maharashtra. Cipla mainly develops medicines to treat diseases of arthritis, weight control, depression and cardiovascular diseases. Cipla is the world’s largest antiretroviral drugs developer and sells APIs as well as personal care products to other manufacturers. Cipla has well-defined portfolio and innovative Research and Development facilities for developing innovative systems for drug delivery both for existing and new drugs as well as its major focus is on developing new medical devices. Cipla spends heavily on research and development and this financial year it spend around 940 crores.
Cipla has a very well- spread distribution network and a strong presence in the retail prescription market in India. Company always put quality on the fore-front and adheres to all the regulatory standards.
Cipla has 34 manufacturing facilities in India which is spread across eight cities and are approved by major regulatory authorities.
Cipla has also received many awards and accolades for its innovation and excellence and mainly does strategic alliances for the development and distribution of their products.
Revenue: 11735.18 Crore INR
Profit: 1398.03 Crore INR
R&D Spent: 938.81 Crore INR
2. LUPIN PHARMACEUTICALS
Lupin Pharmaceuticals was established in 1968 by Desh Bandhu Gupta and focused majorly on Products and services like Brand Formulations, Generics, APIs, Biotechnology and Drug discovery.
It is the second largest Pharma Company in India with a market capitalization of about INR 770 billion. It is a US owned subsidiary of Lupin Limited and has shown tremendous growth potential in therapeutic areas like Asthma, Oncology, Cardiology and Diabetology. The company is headquartered in Mumbai in the state of Maharashtra.
The company is named after Lupin flower for the inherent qualities that flower possess. As the flower grows it nourishes the soil. In the same way Lupin has been nourishing the lives of people since its inception.
The company gained much recognition when it became world’s largest manufacturers of TB drugs. The company is succeeding globally with its strong foothold in advanced markets due to its effective and efficient STP (Segmentation, Targeting and Positioning) of its products. It is also one of the top companies in South Africa, Japan and US market.
Lupin has manufacturing facilities in five cities in India and also one site is in Thailand which is US FDA and WHO approved. It also has state-of-the art research facilities in India which work in collaboration with global companies and laboratories. The R&D expenses amounted to 1600 crores which shows that R&D is the driving force in the discovery of new drugs and technology led innovation.
Lupin Pharmaceuticals is also helping the nation by its CSR activities. Its aim is to help rural people by its rural development projects which started in Bharatpur district of Rajasthan. Currently more than million people are being benefitted by its CSR activities.
Revenue: 13701.60 Crore INR
Profit: 2270.70 Crore INR
R&D Spent: 1600 Crore INR
1. DR REDDY'S LABORATORIES
Dr. Reddy's Laboratories is a Pharmaceutical company which is based out of Hyderabad in India founded by Kallam Anji Reddy.
It the third largest pharmaceutical company in the country with a market capitalization of INR 640 billion. It is spread in over 100 countries with main operations in India, Europe, US and Russia. Its Global Generics i.e. its India business came into existence in 1986 with the brand Norilet and since then the company has been maintaining a good and balanced portfolio of specialty and mass therapies.
The company holds niche strengths in research in the areas of cardiovascular indications, anti-infective and inflammation and metabolic disorders. Dr. Reddy's Lab reaches out to approximately three lakh doctors on a regular basis with its high sales force to ensure optimal inventory through consumption based replenishment system.
Dr. Reddy's Laboratories success can be attributed to its supply chain management, efficient implementation of NPD (New Product Development) and high corporate governance standards.
Dr. Reddy’s Labs always aims to produce high quality and affordable generics to reduce the number of diseases in the country. It has about 6 production facilities in India as well as one manufacturing facility in Mexico.
The company currently operates in more than 20 countries and produce pharmaceutical products in the areas of Gastroenterology, Cardiology, Dermatology and Pediatrics.
Research and Development is one of the main areas and it heavily invests in this area. The investment amounted to 1790 crores. Some of the top API (Active Pharmaceutical Ingredients) are Ibuprofen, Naproxen and Finasteride.
Revenue: 15470.82 Crore INR
Profit: 2001.34 Crore INR
R&D Spent: 1783.42 Crore INR
1) Taken sample of 12 companies on the basis of Market Capitalisation.
2) Selected parameters like Revenue, Net Profit and Research and Development Expenditure of the company.
3) The corresponding weights given are Revenue(50%), Net Profit(30%) and R&D Expenditure(20%).
4) Then in each parameter the highest one is given 1 and rest scores are calculated as a ratio of the highest one.
Asia is one of the most prominent continents in the world with leading economies like Japan, China, India, Singapore, South Korea and more having booming business. These countries have had a storng economic growth with industries like iron and steel, oil and gas, automobiles, real estate etc growing rapidly. The top Asian companies include Sinopec-China Petroleum, Toyota Motors, PetroChina, ICBC, Samsung Electronics with other brands like China Construction Bank, Agricultural Bank of China, Bank of China, Japan Post Holdings and Honda. Here is the list of the top 10 companies in Asia 2016
10. Honda Motors
Honda Motors is a Japanese MNC focusing on the manufacture of power equipments, automobiles and motorcycles.
They are also said to be the world’s biggest and largest manufacturers of internal combustion engines and became the second largest in the sector of automobiles. Honda Motors also manufactures power equipments such as garden machineries, marine engines and other power generators. Honda Motors have assembly plants in multiple locations around the world ranging from US, Pakistan, Canada, England, Japan, Belgium, India and more.
Honda motors also stepped in to meet global demand in the line of small cars and other hybrid powered cars in US and other regions. Honda Motors has recorded sales of more than 6 million units in the power equipment sector, few of these include, engine, tiller, lawn mower, sprayer, pumps, outboard engine, generators etc.
Honda is currently in the line of focus for world autobots manufacture and in solar cells too. ASIMO, which is the part of R&D is 11th in line of successive builds. Honda Motors also manufacture, mountain bikes and all-terrain vehicles in addition to being an active participant in Grand Prix and other motor sports. As a way to gauge the future, they have put in their best minds on alternate fuels production and integration with daily use vehicles as in electric, hydrogen fuel cell, natural gas and so on.
Though overall sales in Japan and Thailand declined due to unfavorable market conditions and volatile tax rates, there was an increase in demand sales in North America, Europe, Indonesia and India owing to new launches. The company holds a revenue of $125.09 billion and a profit of $4.78 billion in the financial year ending 2015.
9. Japan Post Holdings
Founded in 2006 and headquartered in Tokyo, Japan Post Holdings handles the management strategy of its group companies that provides postal, banking, and insurance services.
It operates through the following segments: Postal Logistics, Banking and Finance, Life Insurance, and others segment that includes accommodation and hospital businesses. The subsidiaries of the parent group are strongly inter-connected in such a way that the Postal Logistics, and Finance segments are supported by Japan Post Co Ltd. Banking services are offered by the other main subsidiary Japan Post Bank Co, Ltd Life Insurance segment services being linked to Japan Post Insurance Co, Ltd.
After the Japan Post divestment and entry into other allied sectors like banking and insurance under the parent company, the company made profits and efficient utilization of manpower and other resources. Within a decade of divestment and diversification, it has been ranked #13 among the fortune 500 companies. The company holds a revenue of $129.68 billion and a profit of $4.39 billion in the financial year ending 2015.
Japan Post Holdings’ customer centricity with the aid of modern technology and applications has helped the company focus on delivering the services in a safe, reliable, and convenient manner keeping in mind the motto of refining the delivery process, continuous growth and connectivity to the last mile. It has a vast network of 24,511 post offices all over the world and with a backbone infrastructure of this kind that assists in transforming them from a postal service company to a universal bank providing a vast array of services ranging from postal services to insurance and a lot many products of customers interest in between.
8. Bank of China Limited
Bank of China Limited, headquartered at Beijing – China, figures in the top five of the state-owned commercial banks of China.
Founded in 1912, the bank is currently considered to be China’s most diversified internationalized banks. The bank seized opportunity for growing during china’s reform and helped the government strategize for foreign funding. The bank is one of the oldest banks in the nation. The bank operates across the globe in many countries - United Kingdom, Ireland, France, Germany, Italy, Luxembourg, Russia, Hungary, United States, Panama, Brazil, etc. The majority of operations of the bank are accounted for in China and its overseas operations account for less than 4%.
The bank started offering a unique product “renmibi” in its New York Branch. With an employee base of around 310,000 people, the bank’s net sales account for $122.03billion. The company operates its business through the following segments: Corporate Banking, Insurance, Treasury Operations, Investment Banking, Personal Banking, and more. The bank has introduced many revolutions in terms of technology to serve its customers. The brand it has built over the years has helped in developing customer loyalty amidst strong competition from other banks and in the Globalization era.
The bank has now become the only bank from emerging economies to be designated as a Global Systemically Important Bank for 4 consecutive years. The company has earmarked events in its rich history and is the first Chinese bank to offer A-Share and H-Share initial public offering and achieve a dual listing in both markets.
The bank has served China for more than 100 years keeping “people first” as its guiding principle.
7. Agricultural Bank of China
ABC was first established as Agricultural Cooperative Bank in 1951 as a state-owned specialized bank.
In the 1970s, it evolved into a wholly state-owned commercial bank and later into a commercial bank controlled by the state. The bank is headquartered at Beijing, China and is one of the largest banks not only in China but in the world.
The Bank is listed in both Shanghai Stock Exchange and the Hong Kong Stock Exchange. The bank has a well-established customer base of over 300 million customers, about 3 million corporate clients through its network of 24,000 branches are spread across the world.
Being China's third largest lender by assets and one amongst the Big 4 Chinese banks, the bank strives to delve deep into the international market and make way for diversified services and eventually become an international first-class and large-scale commercial bank in the world by capitalizing on its widespread distribution network, comprehensive portfolio, and technologically advanced IT platform and services.
The company operates through four segments currently: Corporate Banking, Treasury Operations, Personal Banking, and Others. The Government owns a considerable share which helps the bank sell its products. One of the key problems ABC faces is that its interest rates of outstanding rates are low and this might be affected eventually as the government lowers its rates further. The bank has a huge scope to expand its operations, leaving its financial structure unaffected. There is a lot of migration seen in China in terms of a huge population moving from rural to urban areas. This would help the bank as their customers’ income would grow, fetching increased business with the banks. ABC owns around 444,000 employees.
6. China Construction Bank
Founded in 1954 and headquartered in Beijing, the China Construction Bank - CCB, is one of the largest bank in the world in terms of market capitalization.
Being one amongst the Big 4 Banking companies of China, the bank is listed in Hong Kong and Shanghai Stock Exchange. The Group maintained a stable position in the market for decades and its core indicators and market capitalization helped in its sustenance to be in the top position amongst its peers. By expanding the reform system and mechanism, strengthening control and risk management systems, enhancing IT support and big data usage, CCB has efficiently built itself a brand eventually as the best value creation bank.
Integration, multifunction and intensiveness is the bank’s strategic guideline that has consistently helped it in achieving the development of the business quality, scale and eventually growing profitability. The company consistently expanded financial services to SMEs by promoting new business models such as Credit Cooperation Loan & big-data-based products, to enhance the service quality for such small and micro enterprises. In addition the group also explored innovative models of rural financial services, consistently increased number of outlets, and reinforced cross-industry cooperation with agri-related institutions and organizations and also promoted mobile and internet banking.
The company holds a revenue of $146.82 billion and a profit of $36.4 billion in the financial year ending 2015. The Bank provides employment to 330,000 people and services to more than 3 million customers thereby maintaining a close cooperation with the several top strategic enterprises in China and large number of high-end customers.
Founded in 1969, Samsung is a South Korean Multinational Company headquartered in South Korea.
This is a division of Samsung group and is amongst world’s largest Companies. One well known fact is, though being a competitor, Samsung manufactures parts for its competitor clients like Apple, HTC and Nokia. Samsung Electronics is one of the biggest all-rounders in the manufacture of electronic daily use and household appliances that includes a wide range of equipments from computers, mobile phones, television, fridge, washing machine and more. The company holds a revenue of $177.29 billion and a profit of $16.52 billion in the financial year ending 2015.
The company focuses on four major areas such as semiconductor, digital media, appliances and telecommunication network. Being a major player in mobile devices, home appliances and tablet sector of the market, Samsung still continues to produce and manufacture small components or supplies to its competitors, such as lithium ion batteries, hard drive, chips, semiconductors and so on. The firm also has started its experimentation with its new OS called Tizen in its Samsung Z model. Televisions manufactured by Samsung are the world’s largest in number in terms of consumption.
With its value of people, excellence, change, integrity, co-prosperity, Samsung has been conquering many other divisions of the electronic market, starting from personal use of mobile devices to home appliances and other smart home technologies. With confident leadership and core competencies they are setting challenges as world reputed best in class firm. Samsung maintains the Global No. 1 position with respect to leadership in the smartphone market. As a whole, they have been able to retain their first rank in worldwide share, for the 9th year, since 2006.
Industrial & Commercial Bank of China Ltd. – ICBC, founded in 1984 and headquartered in Beijing, is a leading bank in providing commercial banking and financial services.
Image: company website
This multinational banking company, which is one of China's 4 largest state-owned commercial banks, holds a record of being the largest bank in the world by market capitalization, net profit and total assets. ICBC is listed in both Hong Kong and Shanghai stock exchanges, which shows its strong market position and financial capability. This remarkable financial power of ICBC constituted a significant platform for mitigating risks, accumulating strategies for growth enhancement and assisting in innovative transformation that involved less asset-intensive and capital-intensive operations to aid in the balance and coordination of both capital support and profit growth.
ICBC operates in the following business segments: Corporate Banking Segment, which offers trade financing , corporate loans, deposit-taking, corporate wealth management and services; Personal Banking Segment, that provides personal loans, personal wealth management, and other intermediary services; Treasury Operations Segment, that involves investment securities, money market transactions, foreign exchange transactions; and Others segment, that represents the leasing services, and other miscellaneous services and indirect expenses.
The company holds a revenue of $172.35 billion and a profit of $42.2 billion in the financial year ending 2015.
The Bank held its focus in continuously improving people’s livelihood concerned financial services involving interbank cooperation and thereby consolidated partnership with several customers efficiently. ICBC was a leader in the market in terms of number of third-party custody and ranked first in the banking industry for the amount of central finance and government business cards in agency service and local government bonds by being a lead underwriter.
PetroChina, established in 1999, is also a leading Chinese oil and gas company that is headquartered in Beijing.
It is the listed arm of the state-owned group named China National Petroleum Corporation – CNPC. The company has over 534,652 employees as of 2015, and the group is the largest in terms of oil & gas production and sales in China thereby holding a lead position in the oil & gas industry in China besides being one of the biggest oil companies in the world for decades. Petro China holds principal engagement in the activities as follows: production, exploration, refining, marketing, trading, transmission and sales of natural gas, crude oil and other chemical products. It is listed in Hong Kong, Shanghai, and New York stock markets.
Petro China generated a revenue of $262.76 billion and a profit of $6.39 billion in the financial year ending 2015. Besides being a part of the duopoly with Sinopec in the oil products business it is one of those profitable companies in Asia which has a strong establishment in the industry through efficient corporate management over years.
This year, the company has implemented its new measures by adhering to its principle of steady development with focus on quality by decreasing costs and broadening revenue sources to improve overall profitability in addition to maintaining safety, control and stability of its production operations in the first quarter, amidst a slow environment in the international oil market.
2.Toyota Motors Corporation
This multinational corporation headquartered in the city of Toyota in Japan, was founded in 1937.
Image: company website
Toyota Motor Corporation (TMC) is a part of the Toyota Group, which is one amongst the world’s largest conglomerates till date. TMC is the 1st automobile manufacturer in the world to produce above 10 million vehicles in one production year and has over 344,109 employees as of 2015. Toyota Motor Corporation is listed in the London and New York Stock exchanges in addition to being publicly traded in Japan. The group also functions in the non-automotive business domains that includes the following: e-Toyota, that focusses on integration of IT services & automobiles; Toyota Finance, that offers high-quality retail finance to its customers in 35 countries and regions; Toyota Housing, that provides aff-ordable and environment-friendly smart houses; Toyota Marine Products, that manufactures engines and boats for marine crafts; Green Business, that promotes green roofing, biomass and other associated businesses.
The company holds multitude of achievements that was achieved through its years of efficient practices and philosophies including its Lean Manufacturing & Just in Time Production techniques, which made its growth and success significant and instrumental over years which is now called the Toyota Way. It has around 54 manufacturing companies in over 28 countries and regions outside Japan.
TMC generated a revenue of $255.61 billion and a profit of $20.39 billion in the financial year ending 2015. Also, Toyota has held a strong place as the biggest company in terms of market capitalization in Japan every year for the past 9 years followed by Softbank.
Besides being a leader in manufacturing and production of automobiles, Toyota is also a leader in manufacturing environmentally friendly and assistive vehicle technologies.
Founded in 1998 and headquartered in Beijing, Sinopec Limited - China Petroleum and Chemical Corporation is also a state-owned and state-authorized Petrochemical enterprise group as that of Petro China that is listed third in this list of Top 10 Asian Companies.
It functions in primarily oil and gas business. Its parent group is Sinopec Group, which holds state investment with a controlling share. It is listed in Hong Kong, Shanghai, London and New York stock markets and the group holds a registered capital of RMB 274.9 billion. The group’s principal activities are refining, marketing, production, exploration, transportation and storage of oil, petroleum, coal, petrochemicals, coal chemicals and natural gas chemicals in addition to the group’s key involvement in production of electricity, industrial gas, water and steam. Other domain activities include international logistics business, trade of agent commodity & technology, R&D, electrical & mechanical equipments manufacturing, industrial investment management and consulting.
Besides a slow petroleum & petrochemical market and erratic crude oil prices, the company has survived the instabilities over years and has made consistent achievements like the establishment of China’s big sized shale gas field thereby making China second to America in development of shale gas. Sinopec employs around 351,000 employees as of 2015.
It has remained the highest is the proportion of cash payment for taxes of all Chinese companies till date. With a remarkable revenue of $307.4 billion and a profit of $4.904 billion, the company has strictly focusses on the improvement of development efficiency and quality in addition to its commitment to sustainable development and environmental protection.
Sinopec is categorized in the more downstream segment of the oil and gas industry than Petro China which is ranked #3 in this list of Top 10 Asian Companies.
1.20 largest companies from Asia are selected
2.For each company, their latest revenues and profits are taken and given weights of 60% and 40% respectively
3.Based on the final score, the top 10 companies are found out
Back when India gained Independence, the economy was being run through Government run organizations. Many of the PSUs flourished at that time but later, due to Globalization and Liberalization, a lot of private players entered into the market and contributed a lot towards the nation’s progress. The top Indian companies are Reliance Industries, Indian Oil Corporation, Tata Motors, Tata Consultancy Services and Bharat Petroleum. The other companies in the list are Hindustan Petroleum, Coal India, ONGC, State Bank of India and NTPC. Here is the list of top 10 companies in India 2016.
10. National Thermal Power Corporation Ltd
NTPC Ltd, a Maharatna company since May 2010, is the biggest power generator of the country, with its headquarters in New Delhi.
Image: company website
It is a public sector undertaking with 75% government holding, incorporated on November 7, 1975, its aim was to focus on the power development in India and take it to greater heights. Its vision is “To be the world’s largest and best power producer, powering India’s growth” and that is what it has done. It started generating electricity through fossil fuels and has now forayed into exploring renewable energy sources as well as hydro and nuclear energy sources. With a total capacity of 47,178 MW, it is the leading electricity generator of India.
It has numerous coal based, hydro based and gas based stations. The Company aims to have a capacity of 128000 MW by the year 2032 and is steadily moving towards the same under the guidance and supervision of Mr. Gurdeep Singh, its present Chairman and Managing Director.
NTPC has also gone global with MOUs (memorandum of understanding) being signed with Sri Lanka, Bangladesh, Nigeria and Japan. The company recorded a revenue of INR 78705.5 crore and a PAT (profit after tax) of INR 10162.43 crore in the financial year 2015-16. The company has recently signed a Joint Venture Agreement (JVA), to set up a JV company with Coal India Limited with 50:50 equity participation, for reviving the Fertilizer Plants at Bihar (Sindri) and UP (Gorakhpur) of Fertilizer Corporation of India Limited (FCIL).
The company has won several awards and accolades in this year itself, most recent being, Dun & Bradstreet Corporate Award 2016 for excellence in the power sector, Maharatna of the Year in Manufacturing Category by Dalal Street Investment Journal and Top Indian Power Brand 2016 as “Most Recognizable Brands of Indian Origin” by Planman Media.
Revenue: INR 78705.5 crore
PAT: INR 10162.43 crore
9. State Bank of India
The only bank to make it to the top 10 list, State Bank of India, is the largest banking and financial services company in India in terms of assets.
A public sector bank, which was founded on 2nd June 1806 as the Bank of Calcutta and later became Imperial bank of India on 27th January 1921 under the British Rule, finally got its present name “State Bank of India” on 1st July 1955 by an act of the Parliament. It was nationalized in 1956 with RBI holding 60% stake in it, which was taken over by the government in 2008. The bank, with its headquarters in Mumbai, has more than 22000 branches. It marks its international presence in 36 countries with 191 foreign offices.
The bank has attained its present grandeur by various mergers and acquisitions. Some notable M&As being with State Bank of Jaipur, State Bank of Bikaner, State Bank of Travancore, State Bank of Saurashtra and State Bank of Indore. The bank has left no stone unturned in setting new standards, recent one being, Arundhati Bhattacharya becoming the first woman to be the Chairperson of the bank. In the financial year 2015-16, the bank registered a revenue of INR 85040 crore and a PAT of 9951 crore.
Recently, SBI, along with Accuity, has been awarded the Anti-Money Laundering Technology Implementation of the Year award at The Asian Banker Awards 2016. This is because the bank, with the help of leading risk and compliance solution provider (Accuity), implemented a project to improve its processes in anti-trade-based money laundering and also its operational efficiency. In past also, SBI has received various awards like Best Public Sector Bank for Rural Reach by Dun & Bradstreet, The Best Bank as well as Best Home Loan Provider by Outlook and Most Admired Infrastructure Financer by KPMG. It is also the only Indian bank to feature in Fortune Global 500 list.
Revenue: INR 85040 crore
PAT: INR 9951 crore
8. Oil and Natural Gas Corporation Ltd
Founded on 14th August, 1956 by Government of India, Oil and Natural Gas Corporation Ltd (ONGC Ltd) is the largest oil and gas exploration and production company of India.
Image: company website
The company, headquartered at Dehradun, Uttarakhand. ONGC Ltd has a vision “To be global leader in integrated energy business through sustainable growth, knowledge excellence and exemplary governance practices” and has been moving towards the same under the leadership of D K Sarraf, its current Chairman and Managing Director. The public sector undertaking attained the Navratna status in 1997 and then attained the much coveted Maharatna status in 2010 and currently contributes to around 70% of the domestic production of crude and natural gas.
In financial year 2015-16, the company posted a revenue of INR 64427 crore and a PAT of INR 16004 crore. The company has been performing quite well in the past and thus was awarded the “Scope Excellence Award” under Maharatna category on 11th April 2016 by Hon’ble President Mr. Pranab Mukherjee. It has many other awards and accolades in its arsenal like “Exploration and Production Company of the year” by PetroFed, Dun & Bradstreet Corporate Excellence Award, Golden Peacock National Training Award and Best Enterprise Award for Excellence in Women Empowerment. The company has recently approved INR 5050 crore of investment for drilling wells and create surface facilities in Tripura for producing around 5 million standard cubic feet of gas per day. This project is in line with the company’s “Vision 2030”, wherein the company made a plan in 2012 to invest INR 11 lakh crore over the next 18 years to attain a four-fold market capitalization growth and a six-fold production growth in international operations.
Revenue: INR 64427 crore
PAT: INR 16004 crore
7. Coal India Ltd
Coal India Ltd, the single largest coal producer in the world, was founded in November 1975.
Image: company website
The company is headquartered in Kolkata, West Bengal and contributes to around 81.1% of domestic coal production. The state-owned enterprise, under the Ministry of Coal, was awarded the Maharatna status in April 2011 for its excellent performance since many years. CIL is currently headed by Mr. Sutirtha Bhattacharya, the present Chairman and Managing Director, and has more than 3.33 lakh employees.
While CIL has faced a lot of criticism in the past regarding operating around 240 mines without environment clearance through its 7 coal producing subsidiaries (existing before 1994), the company firmly believes in the concept of sustainable development and thus have planted over 82 million trees as per their 2014-15 Annual Report. In financial year 2015-16, Coal India Ltd recorded a revenue of INR 78010.12 crore and a PAT of INR 14274.29 crore. . The company has recently signed a Joint Venture Agreement (JVA), to set up a JV company with National Thermal Power Corporation Limited with 50:50 equity participation, for reviving the Fertilizer Plants at Bihar (Sindri) and UP (Gorakhpur) of Fertilizer Corporation of India Limited (FCIL).
CIL has received several awards since its inception, most recent being, “Fastest Growing Award” by India Today, “Rashtriya Khel Purotsahan Puruskar 2015” for its contribution towards sports through its Corporate Social Responsibility activities and “Indira Gandhi Rajhbhasha Shield” for successfully implementing the Official Language Policy by the Government. With its vision “To emerge as a global player in the primary energy sector committed to provide energy security to the country by attaining environmentally & socially sustainable growth through best practices from mine to market”, Coal India Limited is bound to achieve greater heights in the future.
Revenue: INR 78010.12 crore
PAT: INR 14274.29 crore
6. Hindustan Petroleum Corporation Ltd
Currently ranked 327 in Fortune Global 500 List, HPCL is a state owned oil and natural gas company.
The company, headquartered in Mumbai, Maharashtra, is a Navratna company and is presently been working under the able leadership of Mr M K Surana, its present Chairman and Managing Director. It has 13 zonal offices and 101 regional offices and has an employee strength of more than 11000. The company deals in Petrol, Diesel, Lubricants, Liquified Petroleum Gas and Aviation Turbine Fuel. HPCL came into being in 1974 with the merger and takeover of Lube India Limited and Erstwhile Esso Standard by the Esso Act of 1974. Since then it has set up several refineries in India, some of them being, 6.5 MMT Capacity Mumbai Refinery, 8.3 MMT Capacity Vishakhapatnam Refinery, 9.69 MMT Capacity Mangalore Refinery Pvt. Ltd, 9 MMT Capacity Guru Gobind Singh Refinery in Bathinda and 9 MMT Capacity Barmer Refinery.
The company has received several awards like Indira Gandhi Rajbhasha Puruskar by ministry of Home Affairs (Rajbhasha Vibhag), Golden Peacock Special Commendation Award for CSR activities, 1st Global Innovation Award by ASME Pipeline Division and FICCI CSR Award by the Federation of Indian Chambers of Commerce and Industry. Apart from being in Fortune 500 Global List, it also features in Forbes Global 2000 List at rank 1302.
HPCL recorded a revenue of INR 187795.87 crore and Pat of INT 4846.91 crore in the financial year 2015-16. According to a recent press release, the company’s standalone profit has increased by 41% and consolidated profit has increased by as much as 228%. With its present performance, and the way it has performed in the past, the company is sure to make its slogan, “Future full of Energy”, a reality.
Revenue: INR 187795.87 crore
PAT: INR 4846.91 crore
5. Bharat Petroleum Corporation Ltd
Bharat Petroleum Corporation Ltd is a Navratna Public Sector Undertaking, with an employee strength of more than 12000, which is currently being led by Mr S Varadarajan, its Chairman and Managing Director.
Image: company website
The state controlled oil and gas company started its journey as the Burmah-Shell Oil Storage and Distributing Company of India Limited which was started with the alliance between Asiatic Petroleum Company and Burma Oil Company in 1928. The Government of India took over the Burmah Shell on 24th January 1976 and formed Bharat Refineries Limited. Later, the company was renamed as Bharat Petroleum Corporation Limited on 1st August 1977. BPCL operates several refineries some of them being, 12 MMT Capacity Mumbai Refinery, 9.5 MMT Capacity Kochi Refinery, 6 MMT Capacity Bina Refinery in Madhya Pradesh and 3 MMT Capacity Numaligarh Refinery.
In Financial Year 2015-16, the company generated a revenue of INR 189142.99 crore and earned a PAT of INR 8453.98 crore. The company has shown that it has a really strong leadership with their CMD receiving Scope Excellence Award for Individual Leadership ad their CFO receiving Best CFO Award by Business World in 2016. The company itself has no dearth of awards as they have recently received several of them, like, the NIPM National Award for Best HR Practices, Lions CSR Precious Award, HR Excellence Award by India Today, OISD Safety Excellence Award, Innovator of the Year Award by PetroFed and India’s Top PSU Award by Dun & Bradstreet. With this extra ordinary performance and achievements, the company is indeed standing up to its slogan, “Energising lives, pure for sure”.
Revenue: INR 189142.99 crore
PAT: INR 8453.98 crore
4. Tata Consultancy Services Ltd
After such a long list of Government or State controlled enterprises, here is a company which has performed brilliantly in the year 2015-16.
Image: company website
Tata Consultancy Services Ltd is an IT services, consulting and business solutions company which was founded by J R D Tata and F C Kohli in 1968. Headquartered in Mumbai, Maharashtra, the company has an employee strength of more than 3.5 lakh employees. It is being led by Mr N Chandrasekaran, the current CEO and Managing Director. TCS, by showing an exponential growth in the past, has now found a place among the “Big 4” most valuable IT services brand in the world.
In Financial Year 2015-16, the company posted a revenue of 111297.66 crore and a PAT of 24830.01 crore, second only to Reliance Industries Ltd It is the 10th largest IT services provider in the world. The company provides various services like Assurance Services, BI & Performance Management, Business Process Services, Consulting, Digital Enterprise, Eco-sustainability Services, Engineering & Industrial Services, Enterprise Security & Risk Management, Enterprise Solutions, iON Small and Medium Business, IT Infrastructure Services, IT Services, Platform Solutions and Supply Chain Management.
TCS has been working a lot on innovation. It has established Tata Research Development and Design Centre in Pune and has also started a network of Innovation Labs in and outside India. It has been working on IoT (Internet of Things) projects as well. A recent press release discusses how TCS has been able to cut electricity use using IoT systems. To further advance in technology and innovation, it has partnered with various academic institutions like Stanford, Carnegie Mellon, MIT, IITs and many more.
Revenue: INR 111297.66 crore
PAT: INR 24830.01 crore
3. Tata Motors Ltd
Tata Motors Ltd, the largest Indian Automobile Manufacturer, was established in 1945.
The company proudly boasts off its 60000+ employee strength, $42 billion+ turnover, 9 million+ sold vehicles and 6600+ sales and service points. Headquartered in Mumbai, Maharashtra, the company is presently being led by Mr Guenter Butschek, its current CEO and Managing Director. Tata Motors features in Fortune Global 500 list at rank 254 and in Forbes Global 2000 list at rank 278. No wonder it is the only Automobile Manufacturer to make it to the Top 10 list of Indian Companies. The company produces vehicles ranging from small cars (like Tata Nano) to big construction equipment and military vehicles. Tata Motors has several subsidiaries like Jaguar Land Rover, Tata Daewoo and Tata Hispano. Along with its various products, Tata Motors also provides several services like automobile design, engineering and outsourcing services.
In the Financial Year 2015-16, the company posted a revenue of INR 267243.99 crore and a PAT of INR 13986.29 crore. The company has made its mark in domestic market by manufacturing Indica, the first fully indigenous passenger car, in 1998 and Tata Nano, the world’s cheapest car in 2008. The company also has several joint ventures like with Marcopolo for bus manufacturing, with Fiat for passenger cars and with Hitachi for Construction Machinery. Tata Motors is always ready to work with recent technology and has thus forayed into manufacturing electric and hybrid cars.
Tata Motors also has received several awards and accolades like The Best Learning Organisation of India, Most Reputed Company, Golden Peacock Award for Excellence in Corporate Governance, Greentech Environment Silver Award and Golden Peacock National Training Award. Let’s see how it stands up to its slogans, “More Dreams Per Car” and “Inspired by people”.
Revenue: INR 267243.99 crore
PAT: INR 13986.29 crore
2. Indian Oil Corporation Ltd
Indian Oil Corporation Ltd is the company with the highest revenue in our top 10 companies list.
It has generated a revenue of INR 355926.62 crore in Financial Year 2015-16 and also posted a PAT of INR 11219.22 crore. IOCL, along with its subsidiaries, control 49% share of the petroleum products market in India and is one of the most well recognized bands in the country. Not only this, it also controls a 31% share in India’s refining capacity and 67% share when it comes to India’s downstream sector pipeline capacity. Currently led by Mr. B. Ashok (Chairman), the company has an employee strength of more than 32000. The company has four major values, namely, Care, Innovation, Passion and Trust. IOCL has also received the much coveted Maharatna status by the government in the year 2010 for its exemplary performance in the past and thus now enjoy more autonomy in its operations.
IOCL was founded in 1959 and since then has successfully completed several projects. Some of the major projects of IOCL are Paradip-Raipur-Ranchi Pipeline, Polypropylene Plant in Paradip, Distillate Yield Improvement Project (Coker) in Haldia and De-bottlenecking of Salaya-Mathura Crude Pipeline.
The company has been receiving several awards for its unmatched performance throughout its lifespan. Some of these awards are, “SCOPE Meritorious Award” for Corporate Social Responsibility & Responsiveness, Leading Oil & Gas Corporate of the Year by PetroFed, Special Commendation Award by PetroFed, Global Human Resource Development Award by Internantional Federation of Training and Development Organisation and National Energy Conservation Award by Ministry of Power. With all the excellence it has shown in past it surely has become “A Globally Admired Company”.
Revenue: INR 355926.62 crore
PAT: INR 11219.22 crore
1. Reliance Industries Ltd
Reliance Industries Ltd, an Indian conglomerate holding company has topped the list, leaving all the PSUs behind.
The company has accomplished this by posting a revenue of INR 296091 crore in the Financial Year 2015-16, which is second only to Indian Oil Corporation Limited and has been able to beat the same in terms of PAT and became the highest earning company of 2015-16 with a Pat of INR 27630 crore. Reliance Industries Ltd was founded by Mr Dhirubhai Ambani in the year 1966 and is presently led by his son Mr Mukesh Ambani who is the current Chairman and Managing Director. The company has an employee strength of around 25000. Reliance Industries Ltd deals with several products like Petroleum, Natural Gas, Petrochemicals, Textiles, Retail, Telecommunication and Media. Along with these products, it also provides Security Services.
The company with its motto of “Growth is Life” has evolved several folds since its inception when it was incorporated as Reliance Textiles Industries Pvt. Ltd in Maharashtra. Now the company has several subsidiaries excelling in various sectors. Some of these subsidiaries are: Reliance Retail, Reliance Life Sciences, Reliance Institute of Life Sciences, Reliance Logistics, Reliance Clinical Research Services, Reliance Solar, Relicord, Reliance Jio Infocomm Limited and Reliance Industrial Infrastructure Limited.
Various awards have been bestowed upon the company throughout its journey like International Refiner of the Year, Most Valuable Brand by Brand Finance, National Golden Peacock Award for Corporate Sustainability and the National Energy Conservation Award. Not only this, Reliance Industries is ranked 121 in Forbes Global 2000 List and 158 in Fortune Global 500 List. The pace at which this company has grown truly justifies it being at the top of Top 10 Indian Companies 2016.
Revenue: INR 296091 crore
PAT: INR 27630 crore
Step 1: Top 20 companies were picked from Economic Times List of Top Indian Companies of 2015
Step 2: Two parameters, namely, Revenue and Profit after Tax (PAT) were picked from the companies’ Annual Reports/Presentations for the FY 2015-16.
Step 3: The parameters were used to calculate Revenue and PAT Scores by normalizing them and bringing them to [0, 1] range.
Step 4: Equal weightage was given to both Revenue and PAT scores to come to a weighted score which was used to decide the ranks.
Germany has always secured a special position among the European nations. The global leading companies in many sectors such as banking, financing, insurance and reinsurance, automobiles, energy, telecommunications and healthcare have their headquarters in Germany. The top companies in Germany are Deutsche Bank, Allianz, Volkswagen, Commerzbank along with brands like DaimlerChrysler, Munich Re, BMW Group, E.ON, and Deutsche Telekom & Siemens Group, which complete the list. Here is the list of the top 10 companies in Germany 2016 based on revenues, profits and assets.
10. Siemens Group
Siemens is a German conglomerate company and has its headquarters in Munich, Germany. It has about 348,000 employees across the globe.
The Industrial Business and the Financial Services are the two divisions of the company, where the Industrial Business divisions include Power and Gas, Wind Power and Renewables, Energy Management, Building Technologies, Mobility etc. The Power and Gas division manufactures gas turbines, steam turbines, compressors and control systems for power generation. It offers solutions in generating electricity from fossil fuels and also producing oil and gas. The Wind Power and Renewables division manufactures geared turbines and direct drive turbines and also help its customers in the installation process. The Energy Management division offers products in the power transmission and distribution.
It has expertise in the developing intelligent grid infrastructure. Building Technologies division provides services for the fire safety, security, heating, ventilation, air conditioning and energy management of the buildings. The main area of work for the Mobility division is the rail systems. It provides provision of rail vehicles, rail automation and electrification systems. Besides it also provides consulting, financial and construction services to its customers. As the name suggest the Digital Factory division offers services to industries to automate their processes and move from the traditional working systems to digitalization. It also helps customers to upgrade their current systems and improve the efficiency.
The Process Industries and Drives offers standard products such as gears, motors and couplings as well as industry specific products to improve the productivity and efficiency of the systems. The Healthcare division is a leader in medical imaging and laboratory diagnostics and also provides software solutions and consulting services to the healthcare industries. The Financial Services division operates as separate entity and also supports the financial activities of the Industrial Business division.
Revenues: $ 85.51 billion
Assets: $ 133.93 billion
Profits: $ 6.46 billion
9. Deutsche Telekom
Deutsche Telekom is one of the world’s largest German telecommunications companies and has the company headquarters in Bonn, Germany.
It has staff of about 225,000 employees and operates in more than 50 countries. It has customer pool of about 156 million mobile users, 29 million fixed-network lines users and more than 18 million broadband lines. The company’s goal is to become the leading European telecommunications service provider and in conjunction with this goal the company has woven its guiding principles which are – customer simplicity and delight drive out action, respect and integrity guide the behaviour, team together – team apart, best place to work and grow and I am T count on me.
The company provides services in fixed network, broadband, mobile communications, internet, IPTV products and services and information and communication technology solutions for business and corporate customers. The fixed network includes data and voice services based and the mobile communications offers mobile voice and data services. The company also offers mobile handsets and other hardware to its customers along with the fixed network and mobile network services. The company’s operations is broken down into four segments. Three of the segments are based on region and includes Germany, United States and Europe. The fourth segment is based on customer and product and includes the Systems Solutions. The Germany segment provides fixed-network and mobile communications services in Germany. The mobile services in the U.S. market is covered by the United States segment.
The Europe segment covers the fixed network and mobile activities in major countries in Europe. System Solutions segment offers the information and technology solutions for the multinational corporations and public sector institutions. Besides this segment offers some customer specific services such as cloud services, M2M, solutions for virtual collaboration and so on.
Revenues: $ 76.77 billion
Assets: $ 156.34 billion
Profits: $ 3.61 billion
E.ON is a German based investor-owned energy company,and is one of the leading companies in Germany ever since its inception.
It was formed in the year 2000 by the merger of two German industrial groups VEBA and VIAG. It is the world’s largest privately owned energy company, and the company has headquarters in Dusseldorf, Germany and has 56,000+ employees worldwide. The objective of the company is to shape the future and the strategies have been formed in order to steer the business in the direction of achieving the objective. The company’s strategy is “Empowering customers. Shaping markets”.
In response to the changing energy demands of the customers and also the global search for the alternative sources of energy the company is divided into two distinct and focus companies. The New E.ON company focuses on the new energy world and aims to add value to three core business areas of renewables, energy networks and customer solutions. The other company Uniper focuses on the conventional energy world and aims to become the company of choice for the conventional energy world by focussing on conventional power generation, gas supply and global energy markets.
The operations of the E.ON company are segmented into two – global units and the regional units. Four of the global units include Generation, Renewables, Global Commodities and Exploration and Production. The Generation global unit includes conventional energy generation assets in Europe. Renewables drive the growth through renewable energy sources in Europe and across the globe. Global commodities units buys and sells electricity, natural gas, oil, coal, freight and carbon allowances. Exploration and Production look for new energy sources in regions of U.K. and Norwegian North Sea and Russia. The Regional unit operates from ten regions – Germany, the United Kingdom, Sweden, Italy, France, Benelux, Hungary, the Czech Republic, Slovakia and Romania. These units manage the business of the company in Europe.
Revenues: $ 128.88 billion
Assets: $ 133.89 billion
Profits: $ -7.76 billion
7. BMW Group
BMW (Bayerische Motoren Werke) Group is a German automobile and motorcycle manufacturer and all its products are manufactured in the premium segment only.
The company’s headquarters is in Munich, Germany & has 122,000+ employees in total, has 30 production facilities in 14 countries and presence in over 140 countries along with 13 research and innovation centres in 5 countries. The business segment of the group comprise Automotive, Motorcycles, Financial Services and Other entities segments. In the Automotive industry BMW has three of the strongest brands –BWM, MINI and Rolls-Royce. BMW includes a vast number of models – BMW 1 series, BMW 2 series, BMW 3 series, BMW 4 series, BMW 5 series, BMW 6 series, BMW 7 series, BMW X1 to BMW X6, BMW Z4, BMW M and BMWi. BMWi is considered to be the car of the future and has some excellent features – electric drivetrain, light weight construction and exceptional design.
The models in MINI brand include MINI 5 Door, MINI 3 door, MINI convertible and MINI countryman. The Rolls-Royce brand has four models – Phantom, Ghost, Wraith and Dawn. The motorcycles segment is called the BMW Motorrad and it focuses on premium motorcycles manufacturing for sport, tour, roadster, heritage, adventure and urban mobility segments. Besides the Motorrad also manufactures and provides accessories to the customers for additional safety and comfort.
The BMW Financial Services segment offer services in financing and leasing, asset management, dealer financing and insurance. The segment consists of over 50 entities across the globe. The Other Entities segment comprise holding companies and Group financing companies.
The Group consistently puts its efforts in accordance with its vision of shaping tomorrow’s premium mobility. It has competitive advantage over others in terms of the best in class customer experience, most sought after brands and innovation that shapes future technologies. The Group’s strategic approach includes focusing on brands and design, products, technologies, customer experience and services, digitalisation and profitability.
Revenues: $ 102.22 billion
Assets: $ 197.88 billion
Profits: $ 7.06 billion
6. Munich Re
Munich Re is a German reinsurance company and has its headquarters in Munich, Germany, and is one of the global names in the industry.
Image: company website
The company has a staff of about 43000 employees across the globe who are highly qualified and motivated towards achieving sustained profitable growth for the company. The company offers services in all lines of insurance, which include Reinsurance, Primary Insurance, Munich Health and Asset Management. Reinsurance unit provides solutions for complex risks for its customers. Munich Re is one of the world leaders in reinsurance sector and has a staff of about 12000.
This unit does business with more than 4000 corporate clients in more than 160 countries. The reinsurance unit is divided into five. The first division “Life” includes the international life business whereas the other four divisions are involved in the business of property-casualty reinsurance. ERGO Group AG is the main body under the Primary Insurance unit. The Group operates in over 30 countries but Europe and Asia are its main markets. Roughly 28000 employees work in ERGO unit and it serves about 35 million clients in over 30 countries. Both primary life and property casualty insurance services are provided under ERGO. The ERGO is further divided into three segments and includes Life and Health Germany, Property-casualty Germany and International.
Through the Munich Health brand the company offers its global health reinsurance services and also local insurance companies in managing its cost and quality control services. It has over six million clients in primary insurance and about 400 in reinsurance. About 3000 employees work in Munich Health unit. Asset Management unit is managed by MEAG and includes over 100000 private investors and 50 institutional investors as its client base.
Revenues: $ 63.52 billion
Assets: $ 295.68 billion
Profits: $ 3.45 billion
Daimler is a German automobile manufacturer headquartered in Stuttgart, Germany, and one of the most well recognized car brands.
It is one of the biggest producers in the premium car segment and world’s biggest manufacturer of the commercial vehicles. It has a workforce of more than 284,000 employees, has production facilities in 19 countries and more than 8500 sales across the globe. The business units of Daimler include Mercedes-Benz cars, Daimler trucks, Mercedes Benz vans, Daimler buses and Daimler financial services. Brands included under Mercedes-Benz cars unit are Mercedes Benz, Mercedes-AMG, Mercedes MAYBACH and Mercedes me.
The vehicles in this unit range from compact models to sport utility vehicles, roadster, coupes and convertibles. Brands under Daimler Trucks include Mercedes-Benz, Freightliner, Western Star, FUSO and BharatBenz. Light, medium and heavy duty trucks are manufactured depending on the purpose to serve. The product range under Mercedes Benz vans comprises the Sprinter and Vito series which include mid-size and large vans. Mercedes Benz and Setra are the two brand under Daimler buses.
It the industry leader in segment comprising of buses over 8 metric tons. The products include city and intercity buses, coaches and bus chassis. The Daimler Financial services provide a wide range of financial services that include financing, leasing, car rental services, insurance, fleet management and investment products and credit cards. The company has sustainable growth as its objective and it want to achieve this through leadership in technology and innovation, delighted customers, excellent teams and profitable growth. In order to meet the objectives the company has decided four strategic focus areas that include strengthening the core business, grow globally, lead in technology and drive ahead with digitalization. Innovation is at the core of the company’s success so far and is doing disruptive innovative research in areas of safety, efficiency, connectivity, autonomous driving and digital life.
Revenues: $ 165.75 billion
Assets: $ 235.91 billion
Profits: $ 9.34 billion
Commerzbank is an international commercial bank having its headquarters at Kaiserplatz in Frankfurt, Germany.
It has approximately 51,300 employees and operates in more than 50 countries, and Germany and Poland are the main markets for the bank. In Germany it has approximately 1050 branches and more than 90 consulting centres for its customers and has one of the richest networks of bank branches among German private banks. Outside Germany it has 23 operational foreign branches, 35 representative offices and 6 material subsidiaries. The bank accounts for financing more than 30 percent of Germany’s foreign trade and is a market leader in financing for SMEs.
The four business areas of the bank include Private customers, Mittelstandsbank, Corporates and Markets and Central & Eastern Europe. The bank offers banking and capital market services to its customers through the above mentioned four segments. Besides it has non-core assets business segment. It owns two of the world’s most innovative banks – Comdirect and Poland’s mbank. The focus of the bank is driven by its Strategic Agenda 2016 and the current strategy of the bank is to “to reduce risk, optimise the capital base, pursue a policy of strict cost management and to invest in the Core Bank’s earnings power.” Customer satisfaction has been at core in all the strategies of the bank. Some of the initiatives and launches that the bank undertook in 2015 define the same. For instance – linking of the Paydirekt to the customer account without involvement of the third party, opening a new account and confirming their identity online using webcam and launching the Cash Management App to get real time overview of their and third party banks in Germany.
The bank has generated a net profit of 163 millino euros which has fallen significantly in comparison to the same time period last year. In view of the slowing global economy the bank agrees that it would be challenge for the bank to post the same net profit in the current fiscal year as in fiscal year 2015.
Revenues: $ 18.67 billion
Assets: $ 587.55 billion
Profits: $ 1.18 billion
3. Volkswagen Group
Volkswagen Group is one of the world’s leading German automobile manufacturer and has its headquarter in Wolfsburg, Germany.
It is the largest car manufacturer in Europe, with a work force of 610,000+ employees in the group & operates in 153 countries and produces 42,000 vehicles every weekday. It has 119 production plants in 20 European countries and 11 countries in continents of America, Africa and Asia. The two divisions of the Group are – The Automotive division and the Financial Services division. The Automotive division includes the Passenger Car Business area and the Commercial Vehicles/ the Power Engineering Business area. The Group operates from seven European countries and it includes twelve brands under one umbrella – Volkswagen passenger car, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen commercial vehicles, Scania and MAN.
The common goal of all the brands is “Mobility. For everyone, all over the world”. Each brand operates separately and is an independent entity in the automotive market. The product portfolio includes motorcycles, luxury vehicles, buses and heavy trucks. The Financial Services division corresponds to the financial services including dealer and customer financing, leasing, direct banking, insurance, fleet management and mobility offerings. Other than these two broad divisions the Group is also involved in other business such as manufacturing large-bore diesel engines, turbochargers, turbomachinery, compressors, special gear units, propulsion, and testing systems. In order to meet the customer demands and go beyond their expectation the Group has a research centre headquartered in Wolfsburg. This research centre conducts research work for all the Group brands. Besides the Group also has research bases in United States (ERL – Electronics Research Lab, Palo Alto, California), China (VRC – Volkswagen Research Lab China) and Japan (VTT- Technical representative Tokyo).
Recently the Volkswagen group was in news and had to face public criticism because of the software used in vehicles with V6 3.01 TDI diesel engines that contained “auxiliary emission control devices” (AECDs) which affected the actual determination of the CO2 levels emitted by the vehicles. The rating agencies such as Moody’s and Standard & Poor’s downgraded the ratings for the Group following this event.
Revenues: $ 246.23 billion
Assets: $ 414.59 billion
Profits: $ 7.06 billion
2. Allianz Group
Allianz Group is global financial service provider with its headquarter in Munich, Germany, and has a strong global presence along with German operations.
The company was established in 1890 in Berlin and sold marine and accident policies in Germany. The company is now over a century old and at present has over 1,42,000 employees worldwide and serves over 85.4 mn customers in more than 70 countries. The financial services of Allianz can predominantly be classified into insurance and asset management business. Under insurance business the company operates in almost every continent. It has strong presence in home market – Western, Northern and Southern Europe. Besides it is one of leading insurance companies in Central and Eastern Europe and Asia Pacific. Globally it is the largest property and casualty insurer and is among the top five companies in life and health insurance.
It is global leader in credit insurance, travel insurance and assistance services. Under the asset management business it is among the top five asset managers across the globe. This business is operated out of two distinct units – Alliance Group Investors (AllianzGI) and PIMCO. Both units come under Allianz Asset Management (AAM). The asset management business has stronghold in United States, Germany, France, Italy, the United Kingdom and Asia-Pacific region. Allianz has managed third-party assets of worth 1276 billion euros as of December 31, 2015.
The company has redefined the strategic plans and includes five initiatives: the Customer centricity, Digital by default, Technical excellence, Growth engines and inclusive meritocracy. The purpose behind this plan is to secure growth in revenues and profitability. The company enjoys strong rating from top rating agencies – Standard and Poor’s (AA), Moody’s (Aa3) and A.M. Best (A+). The top brands of Allianz include Allianz, Euler Hermes and PIMCO.
Allianz has started the year 2016 with good results in the first quarter. It has achieved revenues of 35.4 billion euros and operating profit of 2.8 billion euros. The company is quite confident of achieving its operating profit target of 10.5 billion euros with plus or minus of 500 million euros for the fiscal year 2016.
Revenues: $ 115.2 billion
Assets: $ 926.16 billion
Profits: $ 7.34 billion
1. Deutsche Bank Group
Deutsche bank is a German global banking and financial service provider, which is spread globally and is a well recognized brand name.
The bank has its headquarter in Deutsche Bank Twin Towers in Frankfurt, Germany, and was stablished in 1870 as a bank for foreign trade & it has now in total 2790 branches of which 1827 are in Germany itself. It has presence in over 70 countries across the globe, and the bank is well placed in home market Germany and it has strong bases in emerging markets including Asia Pacific region, Central and Eastern Europe and Latin America. The four businesses of the bank include Corporate Banking and Securities, Global Transaction Banking, Asset and Wealth Management and Private and Business Clients. The bank announced its new strategic plan “Strategy 2020” in April 2015.
In October 2015 it announced the details of this strategy. Under “Strategy 2020” the bank has set four strategic goals, updated performance targets and also priorities for the corporate divisions. The four strategic goals include first – to become simpler and more efficient, second – to become less risky, third – to become better capitalized and fourth – to run the bank with more disciplined execution. Besides reorganization of the operating business has been done under this strategy effective from January 1, 2016. By splitting and combining existing divisions new corporate divisions - Global Markets, Corporate &Investment Banking and Private, Wealth and Commercial Clients have been created.
Financial year 2015 was unsatisfactory for the bank and it has therefore realigned its strategic plan for the next five years. One of the key things to achieve under this strategy is improve the bank’s capital position organically. Even the results of the first quarter of fiscal year 2016 have shown decline of 22% in revenues in comparison to the last year which reflect the bank’s concern over the slowing global economy.
Revenues: $ 48.31 billion
Assets: $ 1779.72 billion
Profits: $ -7.53 billion
1.The top 29 companies of Germany were considered
2.The parameters considered were revenue, assets and profits and equal weightages were given to all
3.The final score was evaluated and the final ranking was done on that basis.