TCS replaces Tata Steel as India's most admired

The software giant is followed by Hindustan Unilever, ITC, Infosys, SBI in the top-five

Software giant Tata Consultancy Services (TCS) has replaced group firm Tata Steel as the country’s most admired company, in a Fortune list released on Tuesday. TCS is followed by Hindustan Unilever, ITC, Infosys and State Bank of India (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 four Tata Group companies on the list, while as many as 10 public sector companies have made it into the rankings, global business magazine Fortune’s Indian edition said on Tuesday.

L&T (6th rank), Maruti Suzuki (9th) and ICICI Bank (10th) also feature in the top ten. Other Tata Group firms in the list are Tata Motors at the 12th spot and Tata Power at 50th. Among state-run enterprises, SBI and Oil & Natural Gas Corporation are in the top 10, ranked at fifth and eighth positions, respectively.

State-run oil major Indian Oil Corp was placed at 11th rank, SAIL (22nd), Bharat Petroleum (25th), NTPC (28th), HPCL (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 Airtel (19th), Cadbury (23rd), Dell India (32nd), Siemens (36th), Intel India (38th), Nokia India (42nd) and Sony India (44th).