The annual study by Hay Group, in partnership with Bloomberg BusinessWeek.com, ranked the best companies for leadership globally and examined how those companies develop leaders.
American president Barack Obama has once again targeted American companies having their operations in India to save taxes back home and called such businesses tax evaders.
While 89 per cent of executives in India said innovation was key to economic growth, in the US, only 72 per cent said innovation was important.
Cook's statement is of major significance, especially given Apple's recognition as a global brand, says Aseem Chhabra.
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