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Software giant Tata Cconsultancy Services (TCS) has replaced its group firm Tata Steel as the country's most admired company, as per a Fortune list.
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TCS is followed by Hindustan Unilever, ITC, Infosys 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.
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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.
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Besides, the Indian entities of many multi-national companies including Coca-Cola, Microsoft, Samsung, Nokia, Dell and Intel have also made it into the league of most admired companies.
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The rankings have taken into account various factors such as corporate governance, innovativeness, CSR and leadership. L&T (6th rank), Maruti Suzuki (9th) and ICICI Bank (10th) also feature in the top ten.
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Besides Tata Consultancy Services (TCS) and Tata Steel, other Tata Group firms in the list are Tata Motors at the 12th spot and Tata Power at 50th.
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Among state-run enterprises, SBI and ONGC are in the top ten, ranked at fifth and eighth positions, respectively.
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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).
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Among others, Microsoft India is at the 15th place, Colgate Palmolive (16th), IBM India (17th), Samsung India Electronics is at the 18th position
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Bharti Airtel is ranked 19th, Cadbury (23rd), Dell India (32nd), Siemens (36th), Intel India (38th), Nokia India (42nd) and Sony India (44th).