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TCS replaces Tata Steel as India's most admired company

NEW DELHI: Software giant TCS has replaced its group firm Tata Steel as the country's most admired company, as per a Fortune list released today.

TCS is followed by 
Hindustan UnileverBSE -1.79 %, ITC, InfosysBSE 0.45 % and SBI in the top-five, while last year's top-ranked firm Tata Steel has slipped to seventh position in the list of India's 50 most admired companies.

Both ITC and Infosys are ranked at the third position. There are a total of four Tata Group companies on the list, while as many as ten PSUs have made it into the rankings, global business magazine Fortune's Indian edition said today.

Besides, the Indian entities of many multi-national companies including Coca-Cola, Microsoft, Samsung, Nokia, Dell and 
Intelhave also made it into the league of most admired companies.

The rankings have taken into account various factors such as corporate governance, innovativeness, CSR and leadership.

L&T (6th rank), 
Maruti SuzukiBSE -0.05 % (9th) and ICICI BankBSE 0.61 % (10th) also feature in the top ten.

Tata Consultancy ServicesBSE 0.39 % (TCS) and Tata Steel, other Tata Group firms in the list are Tata MotorsBSE -1.75 % at the 12th spot and Tata PowerBSE 1.75 % at 50th.

Among state-run enterprises, SBI and ONGC are in the top ten, ranked at fifth and eighth positions, respectively.

State-run oil major Indian Oil Corp was placed at 11th rank, SAIL (22nd), Bharat Petroleum (25th), 
NTPCBSE -0.74 % (28th), HPCLBSE -2.51 % (31st), GAIL (34th), ONGC Videsh (47th) and Coal India (48th).

Among others, Microsoft India is at the 15th place, Colgate Palmolive (16th), 
IBM India (17th), Samsung India Electronics (18th), Bharti AirtelBSE -0.65 % (19th), Cadbury (23rd), Dell India (32nd), Siemens (36th), Intel India (38th), Nokia India (42nd) and Sony India (44th).