The chairman and managing director of Reliance Industries Ltd overtakes the likes of Microsoft's Satya Nadella, and Google's Sundar Pichai to be ranked No.2 globally only behind Tencent's Huateng Ma.
Reliance Industries chairman Mukesh Ambani has ranked second on Brand Finance’s list of the world’s top CEOs released by Brand Finance.
'The Indian economy was quick to recover after the global financial crisis, with growth now reduced by a recent slowdown in both the manufacturing and construction sectors,' it said.
Given the brand's consistent performance on similar charts, Tata beating out competitors comes as no surprise
The salt-to-software group has been ranked 86th in the list compiled by the London-based consultancy Brand Finance, up from 104 in 2018, the statement said, adding it is the only domestic brand in the global top-100.
Valued at USD 26.3 billion, Accenture took the title of the world's most-valued IT services brand. The tag was previously held by IBM, which now occupied the second place with a brand value of USD 20.4 billion, according to the report.
The second most valued brand in India is mobile operator company Bharti Airtel with valuations of USD 7.7 billion. Life Insurance Corporation of India (LIC) ranks third with USD 6.8 billion.
It also said the company has potential to be in the top-5 technology services brands by 2020. Tech Mahindra has been ranked at No 14, with an impressive growth of 21 per cent over the previous fiscal, a joint release by Tech Mahindra and Brand Finance said.
The Tata group has slipped out of the top 100 brands in the world, reports the Mint today quoting a ranking report by consultiing firm Brand Finance. The group, however, continues to remain the most valuable brand in India.
Global consultancy, White Page International, announced the most-admired Indian brands of 2016, featuring mega brands under various categories.
Global consultancy, White Page International, announced the most-admired Indian brands of 2016, featuring mega brands under various categories.
Scoring highly on a wide variety of measures such as familiarity, loyalty, staff satisfaction and corporate reputation, Tata Consultancy Services (TCS) emerged as the IT services industry's most powerful brand with a score of 78.3 points earning it an AA+ rating.
There's been a major reshuffle in the list of top 100 brands in India and that's only natural, with e-commerce and next-generation brands grabbing eyeballs and mind-space. But CNBC-TV18's Priya Sheth reports that in all the tohubohu, the Tata Group remains unruffled at the number-one spot.
Paul Bulcke insisted that its hugely popular Maggi brand was 100 percent safe, saying that packaged food was unfairly fingered by many around the world as a health risk.