Time Magazine Most Influential Companies:Reliance Industries and Tata Group have been featured in the prestigious magazine ‘Time’s’ list of the world’s 100 most influential companies for the year 2024. Reliance has been featured in Time’s list for the second time. Jio Platforms, the firm that holds the group’s digital assets, was included in the first Time 100 most influential companies list in 2021. Vaccine manufacturer Serum Institute (Serum)There is another Indian company included in this list. This is the fourth edition of the Time list of the 100 most influential companies in the world. It includes companies that have made an extraordinary impact across the world.
Reliance and Tata listed in ‘Titan’ category
Time has listed Reliance in the ‘Titan’ category. The list also includes 5 categories – Leader, Disruptor, Innovator and Pioneer. Tata has also been listed in the ‘Titan’ category, while Serum Institute has been given a place in the ‘Pioneer’ category. Time has described Serum Institute as the world’s largest vaccine manufacturing company and said that it produces 3.5 billion vaccine doses every year.
Reliance Industries is India’s most valuable company
Describing Reliance Industries as India’s most valuable company, Time said that under the leadership of Mukesh Ambani, it has expanded its business by entering into energy, retail and telecom sectors. It also mentioned the $8.5 billion deal of merger of Reliance’s broadcasting business with Disney’s Indian business.
Tata Group’s market cap is more than Pakistan’s GDP
Referring to the Tata Group, the American magazine said that it has a huge portfolio ranging from steel, software, watches, marine cables and chemicals to salt, grains, air-conditioners, fashion and hotels. Time said that in February, the combined market capitalization of Tata reached 365 billion US dollars, which is more than the entire economy of India’s neighboring country Pakistan.