CURRENT AFFAIRS

Detailed explanation-1: -“Tata Group is to be commended for its ability to scale new heights, as it is not only India’s most valuable brand, but has also recorded faster growth than any other top 25 brand, with an impressive 37% increase.

Detailed explanation-2: -Mumbai, July 17, 2019: The ‘Tata’ brand ranked as India’s most valuable brand in the Brand Finance India 100 2019 report. The total value of brand ‘Tata’ has risen by 37% to $19.6 billion as compared to $14.2 billion in 2018, surpassing the combined value of the second and third most valued brands in India.

Detailed explanation-3: -Microsoft overtook Apple as the world’s most valuable public company by market capitalisation in November 2018 and continued to lead throughout the first quarter of 2019.

Detailed explanation-4: -India jumped two levels to 7th position in the Brand Finance Nation ranking of 2019. As per the latest report by independent brand valuation consultancy Brand Finance, India has jumped to the seventh position from 9th last year, after recording a solid 19% growth in brand value to USD 2.6 trillion.

Detailed explanation-5: -Tata Consultancy Services was the most valued brand across India in 2022. This means it had the highest reputation as a company, and was valued at over 45 billion U.S. dollars that year. HDFC followed the private financial institution with over 32 billion dollars-worth in brand value.