Skip to main content

Posts

Showing posts from June, 2024

Why did the elon musk's X banned 2 lakhs accounts in India

            Only Business      why did the elon musk's banned 2 lakhs                accounts in India  Over 2,30,000 accounts in India were banned by Elon Musk's company X, previously Twitter, between April 26 and May 25 of this year due to violations of IT Rules, 2021, according to the company's monthly report.The X, formerly Twitter, controlled by Elon Musk banned 2,30,892 users in India between April 26 and May 25 of this year. The microblogging site disclosed its monthly report in compliance with the new IT Rules, 2021, and stated that 2,29,925 of these accounts had been banned for encouraging non-consensual nudity and child sexual exploitation. For encouraging terrorism on its platform, the corporation removed 967 accounts from the nation. According to the report, within the same period, X received 17,580 complaints from customers in India via its grievance resolution systems. The business handled 76 grievances requesting the suspension of accounts. After examining th

INDIA's biggest IPO release

                              Only Business   India's  biggest IPO release: Hyundai  Motor is  releasing for  almost $3 billion After Life Insurance Corp. of India's $2.5 billion IPO in 2022, Hyundai Motor India's IPO may rank among the largest IPOs in Indian history. In preparation for its initial public offering (IPO), in which it plans to sell 142.2 million shares, South Korean carmaker Hyundai Motor's Indian division submitted preliminary paperwork to Sebi, according to a draft red herring prospectus. Morgan Stanley, JP Morgan Chase & Co., Citigroup Inc., Kotak Mahindra Bank, HSBC Holdings Plc, and Morgan Stanley are among the advisors for the share sale.  According to Bloomberg, which cited people with knowledge, the manufacturer hopes to raise about $3 billion through the IPO, with a possible listing scheduled for the end of the year. After the $2.5 billion offering by Life Insurance Corp. of India in 2022, this would rank as one of the largest initial public

Norway most profitable company

                                Only Business            Norway most profitable company  Equinor Established in 1972, Equinor's main office is located in Stavanger, Norway. It is active in over 30 countries across the globe. Exploration, production, and distribution of oil, gas, and renewable energy are Equinor's main business activities. The company provides a broad range of energy-related goods and services, such as wind energy, natural gas, petroleum, and carbon capture and storage. Equinor, which owns brands like Statoil, Hywind, and Equinor, is renowned for its dedication to sustainability. Revenue:- In 2023, Equinor's revenue came to about 107.2 billion dollars. This was less than the year before, when the business managed to generate sales of over 150 billion dollars. About the majority shareholder in Equinor:- The Norwegian parliament passed a bill founding Statoil in 1972, and the Norwegian government owns all of the company. Equinor was listed in 2001 on the New Y

South korea most profitable company

                           Only Business         South korea most profitable company Samsung electronics With its headquarters located in Yeongtong-gu, Suwon, South Korea, Samsung Electronics Co. is a prominent international firm focused on consumer electronics and appliances. Presently, it represents the apex of the Samsung chaebol, contributing 70% of the group's income in 2012. Because of its dual ownership, Samsung Electronics has been integral to the group's corporate governance. Samsung Electronics employs about 270,000 people and operates assembly factories and sales networks in 74 countries. Foreign investors hold the majority of its shares. Samsung Electronics has the second-biggest market capitalization in the world as of 2019 (US$520.65 billion), making it the 12th largest in terms of sales among technology companies globally. Revenue:- Between 2005 and 2023, Samsung Electronics' worldwide income increased overall. About 194 billion US dollars, or 259 trillion S

Italy most profitable company

                              Only Business             Italy most profitable company  Enel  The global energy corporation Enel is based in Rome, Italy. In 1962, it was established. Over 30 nations around the world, including Brazil, Spain, Italy, and the US, are home to Enel's operations. Gas and electricity production, distribution, and sales are the company's primary business operations. Enel provides a vast array of energy-related products and services, including smart grids, renewable energy, and energy efficiency. Among its well-known brands are Endesa, Enel X, and Enel Green Power. Revenue:- In 2023, Enel brought in 98 billion euros. This represented a drop from the company's highest yearly revenue during the period under review, which was recorded a year earlier. With its main office located in Rome, Enel is an Italian electric utility corporation that mostly makes money within its own country. About the majority shareholder in Enel :- The Ministry of Economy and Fi

Denmark most profitable company

                              Only Business             Denmark most profitable company  Takeda Pharmaceutical company limited A worldwide pharmaceutical firm based in Japan is called Takeda Pharmaceutical firm Limited. It ranks among the top 20 pharmaceutical businesses worldwide in terms of sales and is the third-biggest in Asia, behind Sinopharm and Shanghai Pharmaceuticals. The corporation, which employs more than 49,578 people globally, brought in US$19.299 billion in sales in the 2018 fiscal year. The company's areas of expertise include neuroscience, gastrointestinal, oncology, uncommon disorders, plasma-derived medicines, and vaccinations. Its office is in Nihonbashi, Chuo, Tokyo, and its headquarters are in Chuo-ku, Osaka. Revenue:- Takeda Pharma A/S topped all other Danish corporations in net profit as of October 2023. With a net profit of approximately 85 billion Danish kroner, the pharmaceutical business based in Japan came in first.  About the majority shareholder in T

Brazil most profitable company

                          Only Business              Brazil most profitable company  Petrobras With its headquarters located in Rio de Janeiro, Brazil, PetrĆ³leo Brasileiro S.A., sometimes commonly referred to by the portmanteau Petrobras, is a state-owned global company in the petroleum sector. Petrobras, which translates to Brazilian Petroleum Corporation, is the name of the company. According to the most recent Fortune Global 500 ranking, the company was rated #71. Petrobras was listed as the 58th-largest public firm in the world in the Forbes Global 2000 of 2023. Revenue:- The most recent financial reports from Petrobras show that the company's total revenue (TTM) is $77.88 billion. The corporation generated $124.47 billion in revenue in 2022, up from $83.96 billion in revenue in 2021. About the majority shareholder in petrobras:- The federal government is the majority shareholder in petrobras of holding approximately 28.67% ,of shares                                          

Saudi arabia most profitable company

        Only Business        Saudi  Arabia most profitable company  Saudi Aramco  The national oil firm of Saudi Arabia is Saudi Aramco, also known as the Saudi Arabian Oil Group or simply Aramco (previously Arabian-American Oil firm). It is a state-owned petroleum and natural gas enterprise. With its headquarters located in Dhahran, it is the second-largest firm globally in terms of revenue as of 2022. It has consistently produced the highest yearly earnings in the history of the global business sector. With about 270 billion barrels (43 billion cubic meters) of known crude oil reserves, Saudi Aramco has the second-largest oil reserves in the world. It also produces the most oil on a daily basis out of all the oil-producing corporations. Revenue:- Aramco recorded $440 billion in total revenue in 2023, a decrease from $535 billion in 2022. "Despite a backdrop of economic headwinds, company resilience and agility contributed to healthy cash flows and high levels of profitability,&q

Russia most profitable company

                         Only Business            Russia most profitable company  Gazprom PJSC Gazprom is a multinational energy company with a majority state ownership that is based in Saint Petersburg's Lakhta Center. With sales exceeding $120 billion as of 2019, it held the titles of largest Russian corporation by revenue and the world's largest publicly traded natural gas company until 2023. Gazprom was listed as the 32nd largest public corporation in the world in the 2020 Forbes Global 2000. The Russian terms gazovaya promyshlennost are shortened to Gazprom. Gazprom dethroned Sberbank as the top company in Russia's list of largest firms by market value in January 2022. The corporation made 8 trillion rubles in revenue in 2022.  Revenue:- Gazprom said in a consolidated financial report that its full-year 2023 revenues were down 27% from the previous year to little over 8.5 trillion roubles ($95 billion), with certain details removed due to worries about sanctions. In c

Ireland most profitable company

                           Only Business              Ireland most profitable company   Accenture Accenture plc is a multinational professional services firm based in the United States that specializes in information technology (IT) services and consulting. Its headquarters are in Dublin for tax purposes. In 2023, the Fortune Global 500 firm recorded $64.1 billion in revenue. More than three-quarters of the Fortune Global 500 and 91 of the Fortune Global 100 are among Accenture's current clientele.In terms of personnel, Accenture is considered to be the biggest consulting firm in the world as of 2022. Accenture's CEO, Julie Sweet, assumed the position on September 1, 2019 Revenue:- The most recent financial reports from Accenture state that the company's total revenue (TTM) is $64.57 billion. The corporation generated $64.58 billion in revenue in 2023, up from $62.37 billion in 2022. About the majority shareholder in accenture:- Vanguard group Inc  is the largest sharehold

China's most profitable company

                            Only Business            China's most profitable company  ICBC [The industrial and commercial bank of china] In terms of total assets, the Industrial and Commercial Bank of China is the biggest bank in both China and the entire globe. On January 1st, 1984, the People's Bank of China's commercial banking businesses were merged to become ICBC. Since its historic initial public offering in 2006, the Chinese government has maintained a 75% ownership stake in ICBC. By the end of 2021, the Ministry of Finance in China controlled 31.1% of ICBC's shareholders, which included Central Huijin Investment (34.7%), the National Council for Social Security Fund (3.5%)for a total of 69.3 percent. Revenue:- The Industrial and Commercial Bank of China made a profit of over 365 billion yuan in 2023. As far as total assets go, the ICBC is China's biggest bank. About the majority shareholder in icbc :- The Industrial and Commercial Bank of China's main st

Belgium's most profitable company

                             Only Business         Belgium's most profitable company   Anheuser-busch Inbev The largest brewer in the world, Anheuser-Busch InBev SA/NV, also referred to as AB InBev, is a global Belgian beverage and brewing corporation with its headquarters located in Leuven, Belgium. The business was placed 72nd in the Forbes Global 2000 in 2023. Furthermore, AB InBev maintains regional headquarters in SĆ£o Paulo, London, St. Louis, Mexico City, Bremen, Johannesburg, and other locations, in addition to its worldwide functional management office in New York City.It has over 150 countries with about 630 beer brands. After InBev purchased the American business Anheuser-Busch, AB InBev was established. A publicly traded business, Anheuser-Busch InBev SA/NV is primarily listed on the Euronext Brussels. The Johannesburg Stock Exchange, Mexico City Stock Exchange, and New York Stock Exchange all list it secondary. Revenue:- The most recent financial reports from Anheuser-

Switerland's most profitable company

                            Only Business          Switerland's most profitable company Glencore Located in Baar, Switzerland, Glencore plc is a multinational commodity trading and mining firm. Saint Helier, Jersey serves as the registered office of Glencore, whereas its head office for oil and gas is located in London. On May 2, 2013, Glencore and Xstrata merged to form the current business. In the Fortune Global 500 list of the biggest businesses in the world as of 2015, it came in at number 10. Glencore International was listed as the 484th-largest public business worldwide in the 2020 Forbes Global 2000. It had the title of largest commodity dealer in the world as of July 2022. The business was placed 59th in the Forbes Global 2000 in 2023. Revenue:- Glencore's 2023 revenue was $217.829 billion, a 14.91% decrease from 2022. In 2022, Glencore recorded an annual revenue of $255.984 billion, a 25.64% increase over 2021. Glencore's 2021 revenue of $203.751 billion was a 43.

Sweden's most profitable company

                               Only Business            Sweden's most profitable company  Volvo Headquartered in Gothenburg, the Volvo Group is a worldwide industrial firm of Swedish origin. Volvo's primary business is manufacturing, distributing, and selling trucks, buses, and construction equipment; it also offers financial services and drive systems for the maritime and industrial industries. With its subsidiary Volvo Trucks, it was the second-largest producer of heavy-duty trucks in the world in 2016. In 1927, Volvo was established. Over the course of the 20th century, Volvo, which had its start in the auto business, branched out into other manufacturing industries. Another Gothenburg-based automaker, Volvo Cars, was a division of AB Volvo until 1999, when it was acquired by Ford Motor Company.  Revenue:- The most recent financial reports from Volvo Group state that the company's total revenue (TTM) is $52.08 billion. The company's revenue in 2022 was $46.27 billio

Netherland's most profitable company

                         Only Business       Netherland's most profitable company   Stellantis  The Italian-American company Fiat Chrysler Automobiles (FCA) and the French PSA Group merged in 2021 to establish Stellantis N.V., a multinational automotive manufacturing firm. The corporate office is located in Hoofddorp. Stellantis was the fourth-largest carmaker in the world by sales as of 2023, trailing only Toyota, Volkswagen Group, and Hyundai Motor Group.The business was placed 61st in the Forbes Global 2000 in 2023.    Revenue:- Stellantis's entire revenue in 2023 was close to 189.5 billion euros. This is more than the 2022 figure, when the business declared revenue of around 179.6 million euros. About  the majority shareholder in Stellantis:- Institutional investors control about 28.90% of the company's shares, insiders own 0.15 percent, and public companies and individual investors own 70.95%.                                    THANK YOU                   

Japan's most profitable company

                          Only Business             Japan's most profitable company Toyota Motor  The headquarters of the multinational Japanese automaker Toyota Motor Corporation are located in Toyota City, Aichi, Japan. Kiichiro Toyoda started it, and on August 28, 1937, it was incorporated. Toyota is the biggest car manufacturer in the world, turning out roughly 10 million units annually. Revenue:- In the fiscal year that ended in March 2023, Toyota Motor Corporation's net revenue increased by almost 18.4% year over year to just under 37.2 trillion Japanese yen. This amount is roughly equivalent to 279 billion USD. About the majority shareholder in Toyota:- The master trust  bank of Japan ltd owns 19,05,736 shares which is the major shareholder according to the toyota website                                            THANK YOU

France's most profitable company

                             Only Business           France's most profitable company  Total Energies One of the seven supermajor oil firms is TotalEnergies SE, a multinational French integrated energy and petroleum company that was established in 1924. Its operations encompass the whole oil and gas value chain, from the production and exploration of crude oil and natural gas to the production of electricity, transportation, refining, marketing of petroleum products, and worldwide trading of crude oil and petroleum products. Another significant producer of chemicals is TotalEnergies Revenue:- In 2023, TotalEnergies—formerly known as Total SE—reported revenue of 237.13 billion USD. By comparison, this was less than the prior year. Oil and gas prices that were at an all-time high in 2022 helped the company's fiscal performance reach their greatest point throughout the period under review. About the majority share holder in TotalEnergies :- 0.03% is owned by the insiders,14.27% is

United kingdom's most profitable company

                             Only Business         United Kingdom's most profitable   SHELL The London, England-based global oil and gas corporation Shell plc is a British enterprise. Shell is a public limited corporation that is listed on the London Stock Exchange (LSE) primary market and the New York Stock Exchange and Euronext Amsterdam secondary markets. Shell, a fundamental part of Big Oil, is among the biggest corporations worldwide across all industries and is the second-largest investor-owned oil and gas firm in the world by revenue. In terms of greenhouse gas emissions from corporations between 1988 and 2015, Shell ranked ninth when considering both its own emissions and the emissions of all the fossil fuels it sells. Revenue:- In 2023, Shell—previously known as Royal Dutch Shell—reported having $316.62 billion in total revenue. Compared to the prior year, when the corporation benefited from ten-year highs in gas and oil prices, this was a noticeable decline. Being among t

German most profitable company

                         Only Business          German most profitable company  Volkswagen Group  Volkswagen is a German public multinational business that manufactures engines, turbomachinery, motorbikes, and passenger and commercial cars. It is sometimes referred to as the Volkswagen Group abroad. Located in Wolfsburg, Lower Saxony, Germany, the company has been a publicly traded family enterprise since the late 2000s. Porsche SE, the parent company of the Austrian-German Porsche and PiĆ«ch family, owns half of the company but retains complete control. In addition, the business provides fleet management, leasing, and financing. It sold 10.9 million cars in 2016 to become the biggest carmaker in the world by sales. It maintained this position in 2017, 2018, and 2019. In 2022, it ranked first by revenue. Revenue:- Volkswagen's current revenue (TTM) is $348.13 billion, based on the company's most recent financial reports. The company's revenue in 2022 was $293.71 billion, a r

USA's most profitable company

                              Only Business              USA's  most profitable company   Apple Inc.                       With its headquarters located in Cupertino, California, in Silicon Valley, Apple Inc. Is an American multinational business and technology company. It creates, develops, and markets computer software, internet services, and consumer gadgets. The iPhone, iPad, Mac, Apple Watch, Vision Pro, and Apple TV are among the devices; iOS, iPadOS, and macOS are among the operating systems; and iTunes, iCloud, Apple Music, and Apple TV+ are among the software programs and services Revenue:- Apple's current revenue (TTM) is $381.62 billion, based on the company's most recent financial reports. The company's revenue for 2022 was $387.53 billion, up from $378.32 billion in revenue for 2021.The total income a business receives from the selling of goods or services is known as revenue. About the majority shareholder of apple :- As of January 2024, the Vanguard Group

Canada's most profitable company

                     Only Business      Canada's most profitable company  Royal Bank of Canada By market capitalization, Royal Bank of Canada is the biggest bank in Canada and an international financial services corporation. With more than 100,000 workers globally, the bank provides services to more than 20 million customers. It was established in Halifax, Nova Scotia, in 1864. Its head office is in Montreal, while its corporate headquarters are in Toronto. 003 is the institution number of RBC. The Financial Stability Board included RBC to its list of internationally systemically significant banks in November 2017. Revenue :- The most recent financial reports from Royal Bank of Canada state that the company's total revenue to date (TTM) is $40.48 billion in 2023, up from $37.57 billion in 2022.The total income a business receives from the selling of goods or services is known as revenue. About the majority shareholder In this company the shares are owned by the institutional in

Australia's most profitable company

                          Only Business         Australia's most profitable company Rio Tinto {corporation}   Rio Tinto Group is the second-biggest mining and metals firm globally. It is a multinational enterprise with British and Australian roots. It was established in 1873 when a consortium of investors bought the Spanish government's mine complex on the Rio Tinto in Huelva, Spain. It has expanded as a result of numerous mergers and acquisitions. While its main concentration is mineral extraction, it also engages in considerable refining operations, especially with regard to bauxite and iron ore. Its dual head offices are located in Melbourne, Australia, and London, England. Revenue:- The most recent financial reports from Rio Tinto show that the company's total revenue (TTM) is $54.04 billion. The company's revenue in 2023 was $54.04 billion, which was less than its sales in 2022 ($55.55 billion).The total income a business receives from the selling of goods or servi

India's most profitable company

                            O nly Business            India's most profitable company  Reliance industries ltd  Mumbai serves as the corporate headquarters of the Indian multinational corporation Reliance Industries Limited. Energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles are among its industries. In terms of revenue and market capitalization, Reliance is the biggest publicly traded corporation in India and the 100th largest globally. It is the biggest exporter and private tax payer in India, making about 7% of all exports of goods from the country.  Revenue:- Reliance Industries's current revenue (TTM) is $108.62 billion, as per the company's most recent financial reports. The company's revenue in 2022 was $109.43 billion, a rise from $86.61 billion in revenue in 2021. About the owner of reliance industries  Mukesh Ambani is an Indian business magnate who was born in Aden, Yemen, on April 19, 1957. He is the chai