Monday, March 31, 2008

Pepsi, Cognizant among America's 50 best corporate performers

Global beverage giant Pepsico and outsourcing major Cognizant, both headed by Indian-origin persons, figure on a list of '50 best corporate performers' by US financial magazine BusinessWeek.
However, both the companies – Indra Nooyi-run Pepsico and Francisco D'Souza-headed Cognizant Technology – have dropped from their previous year rankings.
PepsiCo beats Coca-Cola

While PepsiCo has managed to beat arch-rival Coca-Cola in the annual BusinessWeek 50 list, it has fallen one rung from its previous year's ranking. Cognizant has shed seven places from its 2007 rank.

PepsiCo, which has Chennai-born Nooyi at the top as its Chairman and CEO, has been ranked at 31st position in this year's list, where Cognizant has been placed at 19th.
D'Souza, who was part of Cognizant's founding members, had become its President and CEO with effect from January 1, 2007.
Besides Pepsi and Cognizant, Google, Goldman Sachs,, Lehman Brothers and Moody's have also dropped from their previous year's rankings. Google has dropped to 34th position from its first position in BusinessWeek 2007 list.

However, those like Apple, Colgate-Palmolive, Microsoft, Starbucks, Verizon, AT&T, Coach, Gilead and CB Richard Ellis have improved their rankings since last year. Firms like Coca-Cola, ExxonMobil, Nvidia and BJ Services were not on the list last year.
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