The only Indian Tech Giant in Time Magazine’s 100 Best Companies !!!
Hey there, tech enthusiasts! We’ve got some exciting news in the world of global corporations to share with you. Time magazine recently unveiled its much-anticipated list of the “100 Best Companies-2023,” and there’s a lot to unpack here. So, let’s dive right into it!
Table of Contents
Microsoft Leads the Pack
First things first, who snagged the coveted top spot? Drumroll, please… it’s none other than Microsoft! The tech titan that has been shaping our digital world for decades is now officially at the pinnacle of global excellence. Impressive, right? But that’s just the tip of the iceberg.
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The Tech Giants in the Mix
Following closely behind Microsoft are some other familiar names that have played pivotal roles in our digital lives. Google, the parent company Alphabet, and Meta Platforms (formerly known as Facebook) secured prominent positions on Time’s list. These tech behemoths have been at the forefront of innovation and continue to shape the way we connect and interact in the digital age.
India’s Pride: Infosys is The only Indian Tech Giant in Time Magazine’s 100 Best Companies
Now, here’s where it gets even more interesting, especially for our Indian readers. Among this esteemed list of global giants, only one Indian company has managed to secure a spot – Infosys! The domestic tech giant, founded back in 1981, has claimed the 64th position in Time’s prestigious ranking of the 100 best companies in 2023.
Infosys has quite the story behind it. It all began with seven young engineers who had a vision for the future of technology in India. N.R. Narayana Murthy, Nandan Nilekani, S.D. Shibulaal, Gopalkrishnan, Ashok Arora, K. Dinesh, and N.S. Raghavan were the visionaries who laid the foundation for what would become one of India’s leading IT companies.
Fast forward to 2020, and Infosys had emerged as the second-largest IT company in India in terms of revenues. That’s not all; this global player boasts a workforce of three lakh employees spread across the globe. As of now, Infosys holds a market value of approximately Rs. 6.26 lakh crores, making it a significant player in the world of technology.
In addition to the being the only Indian Tech Giant in Time Magazine’s 100 Best Companies, one remarkable feather in Infosys’s cap is its distinction as the first Indian company to be listed on the US stock exchange, a testament to its global reach and influence.
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Time’s Methodology
Now, you might be wondering how Time magazine came up with this prestigious list. Well, they didn’t just pull names out of a hat. Time’s rankings are based on a comprehensive evaluation of various factors.
Employee satisfaction, revenue growth, and stability were the key criteria used for ranking these companies. To gather this data, a whopping 1.5 lakh employees in 58 countries were surveyed. Revenue growth was assessed based on the economic performance of the last three years.
But it doesn’t stop there. Sustainability is also a critical aspect of these rankings. Companies were assessed based on their carbon emissions and the steps they’re taking to reduce their environmental footprint. Additionally, their commitment to human rights policies and the representation of women on their boards of directors were also considered in this holistic evaluation.
8 Indian companies among 750..
There are seven other companies from India including Infosys (India) in the list of best 750 companies considered by the global time.
Infosys 64
Wipro 174
Reliance Industries 248
HCL 262
HDFC Bank 418
WNS Global Services 596
ITC 672
The only Indian Tech Giant in Time Magazine’s 100 Best Companies list
Time magazine’s list of the 100 best companies in 2023 is not just a ranking; it’s a reflection of the ever-evolving landscape of global business and technology. It’s a celebration of innovation, dedication, and a commitment to making the world a better place.
As we continue to witness the rapid transformation of the tech industry, keep an eye on these trailblazing companies. They are the ones shaping the future we’ll all be a part of. Who knows what they’ll achieve next? We can’t wait to find out!
Disclaimer:
The content provided in this web post is for informational purposes only and should not be construed as financial advice. Readers are encouraged to consult with financial professionals before making any significant financial decisions.
