Fortune magazine list has 19 new entrants for India’s most admired companies
A lot of new companies are entering the Fortune magazine list. Tobacco-to-FMCG conglomerate ITC has replaced Tata group IT giant TCS as the country’s most admired company on a Fortune magazine list. This list has got as many as 19 new entrants including Cognizant, Birla group firm Idea Cellular and discom BSES Rajdhani Power Ltd.
In the latest list for the year 2014, ITC is followed by L&T, Hindustan Unilever, Maruti Suzuki and SBI among the top five most admired companies in India. In comparison, the list for 2013 was topped by TCS, followed by HUL, ITC, Infosys and SBI at in the top-five. In spite of consistent growth and rising share prices, TCS has moved down to the sixth position this year.
Releasing the third annual list of 45 most admired companies in India for the year 2014, the business magazine said there are as many as 19 new entities on the list including GMR Infra, Shapoorji Pallonji, Idea Cellular, BSES Rajdhani Power Ltd (BRPL), Cognizant and Abbott Pharma.
For the telecom sector, Vodafone India is on the top and is followed by Bharti Airtel, Idea Cellular, Tata Communications, Reliance Communications, Aircel, Tata Tele, MTNL, BSNL, MTS, Tulip Telecom and Uninor. Uninor for the obvious reasons is at the bottom of the chart.
The list for pharma and healthcare sector is topped by Apollo Hospitals, followed by Abbott India, GSK Pharma, Cadila, Sun Pharma, Cipla and Ranbaxy, among others.The list has been prepared in collaboration with the Hay Group.
Source- The Financial Express
19 new entrants, Abbott India, BSES Rajdhani Power Ltd (BRPL), Cadila, Cipla, Cognizant and Abbott Pharma, FMCG, Fortune magazine list, GMR Infra, GSK Pharma, Idea Cellular, ShapoorjiPallonji, Sun Pharma, Tata Group
