RIL loses top spot to Tata as best Indian brand
According to the latest Brand Finance Global 500 report, 9 Indian brands are ranked in the Global 500 League list. Tata Group has been crowned as the first Indian brand to be in the top 50 global league with a brand value of USD 15.08 billion for this year versus USD 11.2 billion last year.
March 21, 2011 / 23:05 IST
According to the latest Brand Finance Global 500 report, 9 Indian brands are ranked in the Global 500 League list. Tata Group has been crowned as the first Indian brand to be in the top 50 global league with a brand value of USD 15.08 billion for this year versus USD 11.2 billion last year.
Surprisingly, Reliance lost its position slipping to 133 from 108 with a brand value of USD 6.99 billion. Along with Reliance, other brands like ICICI Bank, BPCL went down on the list.On the positive side, SBI and Infosys climbed higher, while Indian Oil, Bharti Airtel and Wipro made a new entry to the list.Among the global brands, Google emerged as No 1 with a brand value of USD 44.29 billion leaving big daddies like Wal-Mart, Microsoft and Apple behind. Wal-Mart slid from No 1 position to No 3, Microsoft, however, climbed to No 2 position from No 5 last year. Vodafone is at No 5, whereas Apple moved up from No 20 position to No 8 this year. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
