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Rediff.com  » Business » Bharti, Infy, TCS among world's top tech firms

Bharti, Infy, TCS among world's top tech firms

May 22, 2009 18:49 IST

Image: Bharti Airtel Chairman Sunil Mittal.
Photographs: Vijay Mathur/Reuters

Telecom player Bharti Airtel is the sixth best of the 100 best performing technology companies in the world, compiled by American magazine BusinessWeek.

Ranked at the sixth position, telecom giant Bharti Airtel leads the pack of Indian companies featured in the list.

Text: PTI

Bharti, Infy, TCS among world's top tech firms

Image: S Gopalakrishnan, CEO and Managing Director, Infosys Technologies.
Photographs: Vivek Prakash/Reuters

Infosys is ranked 25th in the list of 100 best performing technology companies.

The 'Infotech 100' list for 2009 is based on shareholder return, return on equity, total revenues, and revenue growth.

Bharti, Infy, TCS among world's top tech firms

Image: S Ramadorai, Chief Executive of Tata Consultancy Services.
Photographs: Arko Datta/Reuters

Tata Consultancy Services comes in at the 30th slot, ahead of Wipro.

The "2009 ranking of the tops in tech showcases companies that managed to thrive even in the face of a bruising global recession," the magazine said.

Bharti, Infy, TCS among world's top tech firms

Image: Azim Premji, Chairman, Wipro Ltd.
Photographs: Jagadeesh Nv/Reuters

Wipro is placed at the 43rd position.

Two American entities led by India-origin CEOs also find a place in the top 100. Francisco D'Souza-led Cognizant Technologies is ranked 51, while Adobe Systems headed by Shantanu Narayen has cornered the 99th spot.

Bharti, Infy, TCS among world's top tech firms

Image: Amazon.com founder and CEO Jeff Bezos.
Photographs: Mike Segar/Reuters

Amazon.com, for the second straight year, tops the list of the 100 best performing technology companies in the world.

Bharti, Infy, TCS among world's top tech firms

Image: Oracle CEO Larry Ellison.
Photographs: Robert Galbraith/Reuters

In the second spot is Oracle.

Bharti, Infy, TCS among world's top tech firms

Image: Borussia Dortmund supporters hold up a sign before the German Bundesliga soccer against Hoffenheim in Dortmund February 28, 2009. Dietmar Hopp is German billionaire and co-founder of software company SAP and sponsor of TSG 1899 Hoffenheim.
Photographs: Ina Fassbender/Reuters

SAP is the world's 3rd best performing technology company.

Bharti, Infy, TCS among world's top tech firms

Image: IBM Chairman Samuel Palmisano.
Photographs: Robert Galbraith/Reuters

IBM was ranked 5th, while Inventec was at number 4.

Bharti, Infy, TCS among world's top tech firms

Image: Microsoft CEO Steve Ballmer.
Photographs: Robert Galbraith/Reuters

Bharti Airtel is ahead of South African telecom entity MTN Group (12th rank), maker of Blackberry phones Research In Motion (14), technology giant Apple (19), software majors Microsoft (22), Dell (38) and telecom giant Nokia (49).

According to the publication, the number of US companies in the list has shot up to 43 against 33 last year. There are five firms from China in the top 100.

Bharti, Infy, TCS among world's top tech firms

Image: Larry Page and Sergey Brin, founders of Google.
Photographs: Jacob Silberberg/Reuters

Google is ranked 37th, way behind Infosys and TCS.

BusinessWeek said that it combed the financial results of "tens of thousands of publicly traded businesses and ranked tech players on shareholder return, return on equity, total revenues, and revenue growth" to prepare the list. To qualify, the companies should have revenues of at least $500 million.

The magazine said that return on equity is the "net income available for shareholders divided by common equity, in native currency" while total return is the "return to shareholders, including dividends for the 12 months ended April 30, 2009."