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Top 10 Richest Companies in the World

Top 10 Richest Companies in the World

1. Walmart
Walmart, the retailing company was founded by Sam Walton in 1962. The company is owned by the Walton family with Michael T. Duke as the President and CEO and S. Robson Walton as the Chairman. Headquartered at Bentonville, Arkansas, United States, the company has its branches all over the world in around 15 countries and 8,970 locations. It publicly trades on New York Stock exchange and considered as the biggest private employer as it has over 2 million employees. According to the Forbes 2000 the company was listed as 18th largest public corporation in the world in terms of revenue generation. In 2012 it ranks no. 1 with respect to revenue of $421.8 billion.

2. Exxon Mobil
The American multinational Oil and Gas Company, Exxon Mobil is a descendant from John D. Rockeffer’s Standard Oil Company and was established on 30th November 1999. The Chairman and CEO of the company is Rex Tillerson and it’s headquartered in Irving, Texas. The company produces fuels, lubricants and petrochemicals. It has 37 oil refineries in 21 countries and is the largest refining company in the world. It is listed on the New York stock exchange and it works with almost 83,600 employees. In 2012 it is ranked as the second richest company in the world with the revenue of $370.1 billion.

3. Royal Dutch Shell
Royal Dutch Shell, commonly known as Shell is an oil company headquartered at The Hague, Netherlands and its registered office is in London, United Kingdom. The CEO of the company is Peter Voser and Jorma Ollila is the Chairman. The company produces petroleum, natural gas and other petrochemicals. It operates in 90 countries and has over 44,000 service stations. Shell is listed in the London stock exchange and has a secondary listing on New York stock exchange as well. With around 112,000 employees, the company is vertically integrated and active in various fields of oil and gas industry, like exploring, refining, production, distribution and marketing, petrochemicals, power generation and trading. It is the third richest companies in the world with the revenue of $368.1 billion.

4. BP (British Petroleum)
BP is a British multinational oil and gas company and the third largest in Energy Company and fourth largest company in the world. Bob Dudley is the CEO of the company, Carl- Henric Svanberg and Byron Gote are the Chairman and CFO respectively. Headquartered in London, United Kingdom, it originated in 1909 as the Anglo- Persian oil company and was changed to the British Petroleum in 1954. Later in 1998 it was merged with Amoco. It operates in 80 countries with around 22,400 service stations, the company also produces Air BP (aviation fuel), Castrol (motor oil) etc. It is listed on the London stock exchange and it also has a secondary listing on New York stock exchange. It has 79,700 employees and is the fourth richest company in the world with the revenue of $297.1 billion.

5. Sinopec
Sinopec is also known as the China Petroleum and Chemical Corporation Limited. It is headquartered in Chaoyang district, Beijing, China and its CEO is Su Shulin and Chairman is Fu Chengyu and Vice President is Wang Tianpu. It is the second largest petroleum company in China and is the first Chinese company to make it into the top 10. Its businesses include oil and gas exploration, refining, marketing, production and sales of petrochemicals, chemical fibers, fertilizers and storage and transportation of crude oil and natural gas. It has 640,535 employees. It is listed on the Hong Kong, Shanghai and New York stock exchange. It is the fifth richest company in the world with the revenue of $289.7 billion.

6. State Grid Corporation of China
State Grid Corporation of China is an electrical company founded in 2002. Liu Zhenya is the CEO and President of the company and is headquartered in Xicheng District, Beijing, China. Owned by the Government of People’s Republic of China, the company’s key service is the electrical power transmission. With about 1,564,000 employees, it was ranked eighth in 2010 Fortune Global 500, then seventh in 2011 and now it is the sixth richest company in the world with the revenue of $231.6 billion.

7. Toyota Motors
The multinational automaker company, Toyota Motors was founded on 28th August 1937 by Kiichiro Toyoda. The Chairman of the company is Fujio Cho and Akio Toyoda is the president and the CEO. Headquartered in Toyota, Aichi, Japan, the company has Lexus, Daihatsu and Hino Motors etc as its subsidiaries. It employs almost 317,734 employees from around the world. Other than producing automotives it also provides financial services and builds robotics. It is the seventh richest company in the world with the revenue of $228.2 billion.

8. Petro China
It is a Chinese oil company which was founded in 1999 and it is state owned. Its parent company is the China National Petroleum Corporation. Its headquarters are in Dongcheng district, Beijing, China and its CEO is Zhou Jiping, its Chairman Jiang Jiemin. It has been listed on the Hong Kong, Shanghai and New York stock exchange. It produces fuel, lubricants, natural gas, and other petrochemicals. It employs 539,168 employers and is considered as the eighth richest company in the world with the revenue of $223 billion.

9. Total S.A.
Total S.A. is French multinational Oil Company founded in 1924 by Ernest Mercier. The company’s business covers the chain of oil and gas, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product training. The Chairman and CEO of the company is Christophe de Margerie, the CFO is Patrick de la Chevardiere and is headquartered at Tour Total, Courbevoie, France. The company employs 92,855 employees and is the ninth richest company in the world with the revenue of $222.8 billion.

10. Japan Post holdings
This company is the Japanese state owned enterprise that deals with mail delivery and it also provides financial services. This company was founded in 23rd January 2006 and is headquartered at Kasumigaseki, Chiyoda, Tokyo, Japan. The CEO is Jiro Saito. It employs about 233,000 employees. Its subsidiaries are Japan Post Service, Post network, Post banking and Post Insurance. It is the tenth richest company in the world with the revenue of $211 billion.

Cars Hyundai News

Hyundai Launches the All New i-Gen i20

NEW DELHI: Hyundai Motor India has launched a new version of its premium compact car i20 priced up to Rs Rs 7.67 lakh (ex-showroom Delhi).

The all new ‘iGen i20’ will replace the existing i20. The petrol variants of the new version is priced from Rs 4.73 lakh to Rs 6.65 lakh (ex-showroom Delhi), the company said in a statement.

The diesel variants will be priced from Rs 5.96 lakh to Rs 7.44 lakh and the automatic variant at Rs 7.67 lakh (ex- showroom Delhi), it added.

Hyundai Motor India Ltd announced the launch of its All New iGen i20 today. The i-Gen i20 is available in 12 variants. The Petrol variants range from Rs 473,400 to Rs 665,894, the diesel variants range from Rs 596,334 to Rs 744,013 and the automatic variant is priced at Rs767,405.

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Mark Zuckerberg is Now World’s Richest

Zuckerberg is Now World’s Richest and Top 5 Richest People in the World

“Mark Zuckerberg is already a rich man. The most recent tally of the world’s wealthiest people by Forbes magazine put the Facebook founder’s net worth at $13.5 billion in 2011, ranking him 52nd in the world. Now Mr. Zuckerberg is set to become considerably richer. His 28.4 percent stake in Facebook could see his fortune rise to as much as $28.4 billion, assuming that Facebook’s recently announced share offering is valued at $199 billion. That would place him ninth in the last year’s rankings. But what may be cost remarkable is Zuckerberg’s youth. At 27, he is the youngest of the plutocrats by a considerable margin. In the top 100, only Larry page and Sergey Brin, the co-founders of Google, are also under 40. Indeed, adjusted for years of age, Mr. Zuckerberg will be the richest man in the world,” as stated by ‘The Economist Online’.

The top 5 people who made their name in this list are as follows:

1. Mark Zuckerberg: Mark Elliot Zuckerberg is an American Computer Programmer and Internet Entrepreneur who has co-created the social networking site, Facebook. He co-founded Facebook in 2004 along with his Harvard classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes. He is also the Chief Executive of the same. After the success of Facebook, he dropped out from Harvard University.
He is tagged as the ‘Person of the Year’ by Time’s Magazine in 2010. Forbes has listed him as the ninth powerful people in the world, and ranked him as 52nd Forbes Billionaires. His personal wealth is $17.5 billion as estimated in 2011. With this wealth in the age of 27, he is the world’s youngest billionaires.

2. Carlos Slim: Slim is a Mexican businessman and philanthropist, who is the Chairman and CEO of Telmex and American Movil. He studied Engineering from National Autonomous University of Mexico, where he was simultaneously teaching Algebra and Linear Programming. He learnt the basic business strategies from his father. At the age of 12 he bought shares in a Mexican bank. He started his business through real estate, construction and mining business. He has been the Vice President of the Mexican Stock Exchange and President of the Mexican Association of Brokerage Houses.

3. Bill Gates: William Henry Bill Gates is an American Business tycoon. He is the former CEO of Microsoft and presently is the Non Executive Chairman of the same company. He founded the Microsoft Software Company with Paul Allen. He has a consistent ranking among the world’s wealthiest people. He was the wealthiest in the world overall from 1995 to 2009. Gates is the best-known entrepreneurs of the personal computer revolution though he has been criticized for his business procedures, which have been considered as anti-competitive.

4. Bernard Arnault: Bernard Arnault is a French Businessman, who is the world’s 4th and Europe’s richest person with a net wealth of $41 billion. Forbes has also tagged him as ‘the Fashion Person of 2011’. He did his high school from the Maxence Van Der Meersch High School in Roubaix and graduated in Engineering from Ecole Polutechnique. He joined his father’s company after graduating. He modified his father’s business by convincing him to liquidate the construction division of the company by 40 million French Francs. He changed the company’s focus to real estate. BERBARD Arnault was awarded by the French Legion of Honour.

5. Warren Buffett: The American business tycoon, investor and philanthropist, Warren Edward Buffet is widely regarded as one of the most successful investors in the world. He is often named as “legendry investor, Warren Buffet”. He is primarily a shareholder but also a Chairman and CEO of Berkshire Hathaway. He made his name in the list of World’s wealthiest people consistently. In 2011, he was named as the third wealthiest person in the world.


Education System In India & Abroad

After the District Primary Education Programme (DPEP) of 1994, the govt. has now launched the “Sarva Shiksha Abhiyan” or SSA. Sarva Shiksha Abhiyan was launched in 2001 to universalize and improve the quality of elementary education in India.It has set 2007 as the deadline for providing primary education in India and 2010 as the deadline for providing useful and relevant elementary education to all children in the 6 to 14 age group.

American education system requires that students complete 12 years of primary and secondary education prior to attending university or college. This may be accomplished either at public (or government-operated) schools, or at private schools. These 12 years of schooling (or their equivalent) may also be completed outside the USA, thus giving foreign students the opportunity to pursue the benefits of the American education system.

I just cited an example of American system, in many countries like UK and western countries, the techniques adapted for teaching is more advanced than Indian system. In India Projectors are used only in higher education classes but the education system in abroad includes all the virtual techniques and more activities are involved in studies.

The education system in India is based on gaining knowledge about the details in books but it does not involve any personality development in children. The education system in India must include programmes for the personality development which should be main aim of education and all the concerned must be trying to achieve the target of personality development in each children.

The teacher must develop friendly relationship with the students. The involvement of health workers employed by National Rural Health Mission of government of India is appreciable which will help in reducing diseases spread among the children in school level. The Indian syllabus offer only limited subjects for higher education so students are migrating to abroad for higher education for a high cost and getting settled there if the Indian education system can include wide range of subjects and trained teachers then we can utilize our man resources to the maximum to compete against other nations.


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Longest solar Eclipse of the Century » China

A total solar eclipse passed over some of Earth’s most densely populated regions. A total solar eclipse occurred on July 22, 2009. as the new moon moved directly between the sun and the earth. It became the most viewed eclipse ever. It was the longest total solar eclipse during the 21st century.

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A Nano Car worth Rs.22 crore in India – Made by Gold

Mumbai, Sep 19 (IANS) The Tata Group Monday unveiled a Nano car – made with gold and silver, and studded with precious stones – worth an astronomical over Rs.22 crore.

Watch and jewellery maker Titan, which owns the Goldplus chain of jewellery, has decided to gold plate one Nano, the wonder car from Tata, as part of its campaign to celebrate 5,000 years of Indian jewellery.

But, it’s not for sale – the valuable and fully functional car is a unique branding and promotional initiative by Goldplus Jewellery, part of Titan Industries, a Tata Group company, an official said.

The mega-value Goldplus Nano Car was unveiled Monday evening by Tata Group chairman Ratan Tata.

The Goldplus Nano Car pales the average Rs.1.40 lakh Nano, which started with a Rs.1 lakh price tag at its launch.

The Goldplus Nano Car is billed as the world’s first ever gold jewellery car and celebrates the 5,000 years of jewellery making industry in India.

The car’s body is made with 80 kg 22 carat solid gold, 15 kg silver, precious stones – including diamonds, rubies – and other expensive gemstones, the official said.

“As many as 14 techniques of jewellery making have gone behind the effort — from the intricate filigree work to the delicate and colourful meenakari work, the stunning kundan to the traditional naqashi…marking the convergence of diverse and culturally distinct jewellery making techniques from around India,” the official told IANS.
Titan threw a challenge to its designers to gold clad Nano, with traditional jewellery designs as the core concept. Unveiling the three shortlisted designs, Titan said it would ask the public to vote for the best design.
Titan Industries managing director Bhaskar Bhat said that since eternity, jewellery made with gold and precious stones has been an integral part of the Indian woman’s life.
“We will gold clad one Nano car with the most popular design and show it around the country. Some may even get a chance to ride the modern gold chariot,” Venkataraman said.
He said the company will be adding five more Goldplus outlets this year to take the total number to 34 outlets across six states. The average investment per Goldplus store is around Rs.7 crore ($1.5 million) and each store is earning around Rs.20 crore per annum.

After its glittering launch in Mumbai Monday evening, the Goldplus Nano Car will travel to all the Goldplus showrooms at 29 locations around the country.

The car incorporates beautiful designs, made with the precious stones of different colours, set on the gold and silver body of the car.
Titan’s two jewellery divisions (Tanishq and Goldplus) this year are expected to close with a turnover in excess of Rs.4,500 crore ($1 billion) as against Rs.3,500 crore ($789 million) earned last fiscal.
“Goldplus revenue will be more than Rs.500 crore and that of Tanishq will be more than Rs.4,000 crore,” Venkataraman said.

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