5 Indian Firms In Forbes List Of Most Innovative Companies

 (#) Tata Consultancy Service

Tata Consultancy Service (TCS), the major IT service, consulting and business solutions company has ranked on 57^th position. The Mumbai-based company, TCS has an innovation premium of 39.58 per cent and a market cap of $71.25 billion as of May 2014.

TCS has already been in the list of Asia’s Fab 50 companies. TCS operates in 46 countries and the largest Indian company by market capitalization. It is now placed among the ‘Big 4’ most valuable IT services brands worldwide. Also it is the world's 10th largest IT services provider, measured by revenues.

(#)Larsen & Toubro

Followed by TCS on the 57^th position, Larsen & Toubro (L&T) occupies the 58^th position that was 9^th in the year 2012. L&T is an Indian multinational conglomerate that deals in engineering, construction, IT and financial services.

It had an innovation premium of 39.4 percent and a market cap of $19.81 billion as of May 2014. The company has a net worth of $13.46 billion, giving employment to more than 54,092 people all over the world.

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