Wednesday 20 June 2012

Exxon Mobil tops the Fortune 500 list


        

            Oil major Exxon Mobil has beaten Wal-Mart to become the biggest American Corporation in the Fortune magazine’s list of top 500 US companies that also features as many as six entities led by Indian-origin individuals.


               Vikram Pandit run City Group was ranked 20th on that very list, followed by PepsiCo (41) which is headed by Indra Nooyi.

                Among other major US Corporations run by persons of Indian origin include Motorola Mobility Holdings led by Sanjay K. Jha, which was positioned at the 206th rank, MasterCard run by Ajaypal S Banga was at the 370th slot, Cognizant Technology Solutions run by Francisco D’Souza was at 398th and SanDisk headed by Sanjay Mehrotra was at 430th.

                Two other petroleum companies- Chevron and ConocoPhillips were ranked in the third and fourth position in the coveted list. Auto giant General Motors jumped three spots in the list, to the fifth position from the number 8th last year.

                Others in top 10 include General electric (6th), Berkshire Hathaway (7th), Fannie Mae (8th), Ford Motor (9th) and Hewlett-Packard in the 10th rank.