CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which IT company has ranked the top brand among Global 500 brands
A
Apple
B
Amazon
C
Intel
D
Google
Explanation: 

Detailed explanation-1: -According to brand valuation consultancy Brand Finance’s report, “Global 500 2023”, while Amazon is back at No 1, its brand value has fallen by over $50 billion this year, with its rating slipping from AAA+ to AAA.

Detailed explanation-2: -Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been recognized as the top 3 most valuable IT services brands globally, according to Brand Finance, the world’s leading brand valuation firm, in its Brand Finance Global 500 2023 report.

Detailed explanation-3: -Tata Group’s IT behemoth TCS, founded in 1968, rounds out the top ten list of Fortune 500 India for 2022. Last year, Tata Consultancy Services more than doubled its brand value to $45.5 billion to become India’s most valuable brand.

Detailed explanation-4: -In 2022, Apple was the most valuable brand in the world with an estimated brand value of about 355.1 billion U.S. dollars.

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