5 Indian firms among Forbes' most innovative companies
Highlights & Fact File:
The annual 'World's Most Innovative Companies' list has been released.
California-based global cloud computing company Salesforce topped
for the fourth year in a row with a market
cap of USD 35.87 billion.
Five Indian companies, including Hindustan Unilever and Tata
Consultancy Services, are among Forbes' list of the world's 100 most innovative
companies that investors think are most likely to "generate big, new
The five Indian
companies on the list are -
Consultancy Services (57th) , Market Capital USD 71.25 billion as of May 2014.
3. Larsen & Toubro (58th ) , Market
Capital of USD 19.81 billion.
4. Sun Pharma
Industries (65th), Market Cap of USD 19.88billion.
5. Bajaj Auto
(96th) ,Market Cap of USD 10 billion.
companies making up the top five on the list are Connecticut-based biotech firm
Alexion Pharmaceuticals (2), British semi-conductor company ARM Holdings (3),
fast moving consumer goods company Unilever Indonesia (4) and New York-based
biopharmaceutical company Regeneron Pharmaceuticals (5).
The US was
home to a majority of the companies on the list with 41 firms headquartered in
the country, followed by Europe with 29 companies.