10 Indian companies among most innovative in the world

Innovation is the lifeline of almost all companies in the world.

Here we first take a look at 10 most innovative companies in India and then at global firms, based on Fast Company data.

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Narayana Hrudayalaya Hospitals

Rank: 1

Narayana Hrudayalaya, located in the city of Bengaluru, is one of the world's largest paediatric heart hospitals. It is the brainchild of the renowned cardiac surgeon, Dr Devi Shetty.

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RedBus

Rank: 2

RedBus is an online travel agency offering bus tickets in India. It has offices in Ahmedabad, Bangalore, Chennai, Coimbatore, Delhi, Hyderabad, Mumbai, Pune, Vijayawada and Vishakhapatnam.

Phanindra Sama, CEO, RedBus, was recently selected by Endeavor as a high impact entrepreneur.

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Flipkart

Rank: 3

Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka. Flipkart was established in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi. They worked for Amazon.com before quitting and founding their own company.

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Eko

Rank: 4

Eko India Financial Services is an Indian financial service company, which is a business correspondent service for State Bank of India and ICICI Bank, India's top two largest banks, and provides no-frills bank accounts and deposit, withdrawal and remittance services to customers (nearly 80 per cent of whom are migrants or the unbanked section of the population) through mobile banking.

Abhishek Sinha is Co- Founder and CEO of Eko India.

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Tata Motors

Rank: 5

Tata Motors Limited is an Indian multinational automotive corporation headquartered in Mumbai, India. Part of the Tata Group, it was formerly known as Telco. Its products include passenger cars, trucks, vans and coaches.

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Wipro

Rank: 6

Wipro Limited is a global IT services and consulting company headquartered in Bangalore, India. As of 2012, Wipro is the second-largest IT services company by turnover in India, employing about 136,734 people worldwide (as of December 2011).

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Adani Group

Rank: 7

Adani Group is an Indian conglomerate company headquartered in Ahmedabad, India. It was founded by Gautam Adani who is the chairman of Adani Group.

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Tree House

Rank: 8

Tree House is one of the leading providers of educational services in India. It operates the largest number of self-operated pre-schools in India.

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Naandi Community Water Services

Rank: 9

Launched in 2006 by the Naandi Foundation, Naandi Community Water Services has one clearly defined mission: Providing access to safe drinking water by supplying inexpensive professional services.

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ITC

Rank: 10

ITC Limited is an Indian public conglomerate company headquartered in Kolkata, West Bengal, India. Its diversified business includes four segments: Fast moving consumer goods, hotels, paperboards, paper and packaging and agri business.

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Apple

Rank: 1

Apple Inc is an American multinational corporation that designs and sells consumer electronics, computer software and personal computers.

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Facebook

Rank: 2

Facebook is a social networking service and website launched in February 2004, operated and privately owned by Facebook, Inc. As of February 2012, Facebook has more than 845 million active users.

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Google

Rank: 3

Google Inc is an American multinational Internet and software corporation specialised in Internet search, cloud computing and advertising technologies.

It hosts and develops a number of Internet-based services and products, and generates profit primarily from advertising through its AdWords program.

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Amazon

Rank: 4

Amazon.com is an American multinational electronic commerce company with headquarters in Seattle, Washington, United States. It is the world's largest online retailer.

Amazon has separate websites for the following countries: United States, Canada, United Kingdom, Germany, France, Italy, Spain, Japan, and China.

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Square

Rank: 5

Square is a revolutionary service that enables anyone to accept credit cards anywhere. Square offers an easy to use, free credit card reader that plugs into a phone or iPad. It's simple to sign up. There are no extra equipment, complicated contracts, monthly fees or merchant account required.

Co-founded by Jim McKelvey and Jack Dorsey in 2009, the company is headquartered in San Francisco.

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Twitter

Rank: 6

Twitter is an online social networking service and microblogging service that enables its users to send and read text-based posts of up to 140 characters, known as "tweets".

It was created in March 2006 by Jack Dorsey and launched that July.

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Occupy movement

Rank: 7

The Occupy movement is spiritually akin to the innovative companies present on this list. It is challenging a political, financial, and social establishment that has resulted in income inequality and puts most Americans at a disadvantage, says Fast Company.

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Tencent

Rank: 8

Tencent Holdings Limited is a publicly owned holding company whose subsidiaries provide Internet and mobile phone value-added services and operate online advertising services in the People's Republic of China.

Its headquarters are in Nanshan District, Shenzhen. It was founded by Pony Ma.

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Life Technologies

Rank: 9

Life Technologies is a global biotechnology company headquartered in Carlsbad, California. It possesses a portfolio of more than nine million genetic research assays and custom solutions.

As of 2010, the company had sales of $3.6 billion, employed a workforce of about 11,000, maintained a portfolio of nearly 4,000 patents and exclusive licenses and markets over 50,000 products.

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Solar City

Rank: 10

SolarCity is an American provider of solar energy system design, financing, installation and related services and also builds charging stations for electric vehicles.

It is headquartered in San Mateo, California.

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HBO

Rank: 11

HBO is an American premium cable television network, owned by Time Warner. As of March 2011, HBO's programming reaches 28.2 million subscribers in the United States, making it the second-largest premium network in America.

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Southern New Hampshire University

Rank: 12

Southern New Hampshire University is a private university in Manchester and Hooksett, New Hampshire. The university is accredited by the Commission on Institutions of Higher Education of the New England Association of Schools and Colleges, and also has numerous specialised accreditations for its schools and programmes.

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Tesla Motors

Rank: 13

Tesla Motors is a Silicon Valley-based company that designs, manufactures and sells electric cars and electric vehicle powertrain components.

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Patagonia

Rank: 14

Patagonia got 24,000 people to pledge to buy less and buy used; it also partnered with eBay to make it easy for people to take the pledge and then buy and sell gear from one another.

Customers have resold 15,000 Patagonia pieces for $500,000 so far, according to Fast Company.

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National Football League

Rank: 15

The National Football League is the highest level of professional American football in the United States, and is considered the top professional American football league in the world.

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