Indian information technology giant Infosys is the third best regarded company, according to a recent list compiled by Forbes. The Bengaluru-based giant pipped the likes of Apple (rank 11), Amazon (rank 16) and Microsoft (rank 6), among others to rise from No 31 in 2018 to No 3 this year. Credit card major Visa and Italian carmaker Ferrari occupy the top two spots in the Forbes World’s Best Regarded Companies list this year.
Infosys's massive gain in the list from its position last year is one of the most striking features of the list this year. "Infosys’ leading position headlined an Asian invasion in the rankings," Forbes stated. Apart from Infosys, Indian firms TCS (rank 22) and Tata Motors (rank 31) are in the top 100 list.
The other Indian companies in the top 250 best-regarded businesses list include:
Tata Steel (rank 105)
L&T (rank 115)
Mahindra & Mahindra (rank 117)
HDFC (135)
Steel Authority of India (rank 153)
Piramal Enterprises (149)
HCL Technologies (155)
Hindalco (rank 157)
Wipro (rank 168)
HDFC Bank (204)
Sun Pharma (217)
GIC (rank 224)
ITC (231)
Asian Paints (248)
Google's parent firm, Alphabet, is ranked 50 in the Forbes World’s Best Regarded Companies list 2019.
also read
- Infosys profit jumps 30 per cent to Rs 7,969 crore in Q4
- Q4 earnings: IT pack seen bracing for muted show amid weak global macros, tight spends
- What is mercenary spyware? Apple warns of potential attack, Indian iPhone users among targets
- Infosys founder Narayana Murthy recalls going hungry for 120 hours in Europe
Forbes said it partnered with German statistics company Statista to cull the annual list of the world’s 2,000 largest public companies down to the top 250 best-regarded businesses. The companies were ranked based on trustworthiness, social conduct, the strength of their products and services and how they fare as employers. Statista surveyed 15,000 respondents from more than 50 countries to compile the list.
Fifty nine of the 250 companies listed are from the US, making it the country with the most number of best regarded companies. The next three most-represented countries are Japan, China and India whose combine total is 82 companies on the list, up from 63 last year. Of the 82, 17 are Indian companies. In all, nearly half of the 250 best-regarded companies are based in Asia, making it the most dominant continent, Forbes noted.
