 | « Back to article | Print this article |
5 Indian firms in world's most innovative companies list
Click on NEXT for more...
5 Indian firms in world's most innovative companies list
Engineering giant L&T is ranked among the top ten companies, ahead of Google and Starbucks. L&T is ranked ninth in the list. US-based Salesforce.Com tops the rankings.
Click on NEXT for more...
5 Indian firms in world's most innovative companies list
The US also dominates the top five chart, as four out of the top five innovators -- Alexion Pharmaceuticals, Amazon.Com, Red Hat -- are based in America.
Click on NEXT for more...
5 Indian firms in world's most innovative companies list
China-based Baidu is at the fifth place, followed by US-based Intuitive Surgical (6th), Japan's Rakuten (7th), US firm Edwards Lifesciences (8th) and UK's ARM Holdings (10th).
Click on NEXT for more...
5 Indian firms in world's most innovative companies list
Fast moving consumer goods company Hindustan Unilever is positioned 12th, while global technology services firm Infosys holds the 19th slot.
Tata group firm Tata Consultancy Services is placed at the 29th position.
Click on NEXT for more...
5 Indian firms in world's most innovative companies list
Specialty pharma company Sun Pharmaceutical Industries is ranked at the 38th position.
Click on NEXT for more...
5 Indian firms in world's most innovative companies list
Forbes termed Infosys cofounder and CEO S D Shibulal, as both "observer and experimenter". In 30 years at Infosys, "there is nothing that I have not done," the magazine quoted Shibulal as saying.
Click on NEXT for more...
5 Indian firms in world's most innovative companies list
He was the first sales person, has done account management, launched its internet consulting practice, is a network expert, helped design and launch its first ecommerce application, and has been the head of both delivery and sales.
"That's why at Infosys, where geeks are a dime a dozen, he is revered as a 'gizmo guru'," Forbes said.
Click on NEXT for more...
5 Indian firms in world's most innovative companies list
Forbes used the "Innovation Premium" which is calculated first by projecting a company's income from existing businesses, plus anticipated growth from those businesses, and look at the net present value of those cash flows.
To be considered in the list, at least 7 years of financial data for a given firm is needed. Besides, firms with market value greater than $10 billion and those which make some investment in R&D were considered, Forbes said.