NEW DELHI: Three Indian firms — Hindustan Unilever, Asian Paints and Bharti Airtel — are among Forbes’ list of the world’s 100 most innovative companies, where Salesforce.Com has replaced Tesla Motors on the top position.
While HUL and Asian Paints have moved up in their ranks to seventh and eighth respectively (from 31st and 18th last year), Bharti Airtel has entered the ranking at 78th position.
Tata Consultancy Services (TCS), Sun Pharma and Larsen & Toubro were also on the 2016 list but they failed to make the cut this year, bringing down the total number of Indian firms from five to three.
The annual ‘World’s Most Innovative Companies’ are the ones that investors expect to be innovative now and in the future. Besides, to be included in the list, firms need seven years of public financial data and USD 10 billion in market cap. (AGENCIES)
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