According to a list released on Tuesday of world's 500 most valued brand, Brand Finance Global 500, Apple is followed by Samsung ($79 billion) at second place globally. In the top-ten, these two are followed by Google, Microsoft, Verizon, GE, AT&T, Amazon, Walmart and IBM.
Tata has retained its top place among Indian brands and its global ranking has also improved from 39th in 2013 to 34th now. However, the number of Indian companies on the list has declined to five from six.
Other than Tata, the global ranking of all other four Indian companies has dropped and they include SBI (347th), Airtel (381), Reliance Industries (413) and Indian Oil (474).
Tata's brand value has increased from $18.2 billion to $21.1 billion, and it has consistently improved its ranking since being placed 100th in the year 2007.
The Indian company which has dropped from the list this year is ITC, which was ranked 445th in the year 2013.
According to Brand Finance, SBI's brand value has dropped from nearly $6 billion to $4 billion, while that of Airtel has marginally risen from $3.74 billion to $3.8 billion. Reliance Industries' brand value has dropped from $3.7 billion to $3.5 billion and that of IOC from $3.4 billion to $3.1 billion. While Apple has been ranked as most valued brand, the annual study conducted by brand valuation consultancy Brand Finance said that it is Ferrari which is the ‘world's most powerful brand’.
‘The legendary Italian carmaker scores highly on a wide variety of measures on Brand Finance's Brand Strength Index, from desirability, loyalty and consumer sentiment to visual identity, online presence and employee satisfaction.
‘Ferrari is one of only eleven brands (including Google, Hermes, Coca-Cola, Disney, Rolex and F1 racing rivals Red Bull) to be awarded an AAA+ brand rating and has the highest overall score,’ it added.
Tata has retained its top place among Indian brands and its global ranking has also improved from 39th in 2013 to 34th now. However, the number of Indian companies on the list has declined to five from six.
Other than Tata, the global ranking of all other four Indian companies has dropped and they include SBI (347th), Airtel (381), Reliance Industries (413) and Indian Oil (474).
Tata's brand value has increased from $18.2 billion to $21.1 billion, and it has consistently improved its ranking since being placed 100th in the year 2007.
The Indian company which has dropped from the list this year is ITC, which was ranked 445th in the year 2013.
According to Brand Finance, SBI's brand value has dropped from nearly $6 billion to $4 billion, while that of Airtel has marginally risen from $3.74 billion to $3.8 billion. Reliance Industries' brand value has dropped from $3.7 billion to $3.5 billion and that of IOC from $3.4 billion to $3.1 billion. While Apple has been ranked as most valued brand, the annual study conducted by brand valuation consultancy Brand Finance said that it is Ferrari which is the ‘world's most powerful brand’.
‘The legendary Italian carmaker scores highly on a wide variety of measures on Brand Finance's Brand Strength Index, from desirability, loyalty and consumer sentiment to visual identity, online presence and employee satisfaction.
‘Ferrari is one of only eleven brands (including Google, Hermes, Coca-Cola, Disney, Rolex and F1 racing rivals Red Bull) to be awarded an AAA+ brand rating and has the highest overall score,’ it added.