Global software giant Microsoft has pipped domestic IT giant Infosys as the best company to work for in India, according to a new study.
International consultancy firm Mercer ranked Microsoft India at the top of its 15 Best Companies to Work for in India 2007 list, which is dominated extensively by technology firms.
The study was jointly conducted by Mercer with financial magazine Business Today and international market research firm Taylor Nelson Sofres (TNS).
Microsoft was followed by Mindtree Consulting, Johnson and Johnson and Sapient at second, third and fourth ranks.
Infosys, India's second-biggest software exporter, topped the list in 2006 but slipped to fifth spot this year.
Other companies in the top ten include iGate (6th), Agilent Technologies, HCL Comnet, Accenture and Dr Reddy's Labs (10th). The list also includes Marriott Hotels India at 11th spot, followed by Covansys India, HCL Infosystems, Godrej Consumer and Honeywell Technology.
FMCG majors J&J and Godrej Consumer, hospitality giant Mariott and pharma major Dr Reddy's are the only four non-IT companies in the list.
Mercer said this year's list include seven new entrants in the top 15 rankings. Last year's list had ten firms, but it was increased to 15 this year on the request of participants.
Two companies -- domestic IT major Satyam and global banking giant HSBC -- have moved out of the list, while Infosys, Dr Reddy's Labs, Agilent and Covansys have slipped in the rankings. Three companies -- J&J, HCL Comnet and Sapient have moved up the ranks in the 2007 list.