Nine Indian firms have made it into the Forbes list of the World’s 100 most innovative growth companies. The list has been made on the basis of Innovation Premium, which Forbes described as a measure of how much investors have bid up the stock price of a company above the value of its existing business based on expectations of future innovative results (new products, services and markets). Among the Indian companies, Divis lab ( Divi MuraliKrishna , Chairman and MD ) was ranked 99th globally on the list with innovation premium of 45.5 per cent.
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