Adani Group is No. 736 on TIME's 1000 best companies list

TIME's World's Best Companies of 2024: HCL Tech, Infosys, Wipro, and Adani Group, among others, are the top Indian firms that have made it to TIME's World's Best Companies list. Topping among Indian companies to feature in the TIME's list was HCL Tech at the 112 position, followed by Infosys at the 119 position, and Wipro at 134 position.

The next Indian firms to feature on the list are: Mahindra Group, Axis Bank, State Bank of India, ICICI Bank, Larsen & Toubro, Kotak Mahindra Bank, ITC Limited, Reliance Industries, Adani Group, NTPC Limited, Yes Bank, Bank of Baroda, Godrej & Boyce, Bajaj Group, Cipla, Bharat Electronics Limited, MRF.

The Adani Group is at the 736 position. Coming to the overall list, US-based tech giant Apple has topped the list globally, followed by Ireland-based tech major Accenture. Microsoft, BMW Group, and Amazon are featured next in line. 

TIME's three key metrics

The World's Best Companies 2024 list is based on analysis across three dimensions: employee satisfaction, revenue growth, and sustainability.

‘’Companies like Apple, Microsoft, and BMW still appear to be investing in their workers’ happiness, a trait that has put them at the top of the list of a new statistical ranking of 1,000 of the World’s Best Companies by Statista and TIME,'' said TIME.

Microsoft, for instance, which came in third in the rankings, was the second highest-rated company in employee satisfaction, after Alphabet, the parent company of Google. 

Microsoft has said it tries to ensure that employees are thriving, which it defines as “energised and empowered to do meaningful work,” an approach that seems to be working both at keeping employees happy and at powering revenue. The company made $88 billion in its latest fiscal year, up 22 percent from the previous year, and ranked highly in revenue growth.

Apple also earned good marks from employees, coming in fourth in employee satisfaction, but was propelled to the top of the rankings by its ESG rating, which was the first out of all the companies. The tech giant has committed to being carbon neutral by 2030 and is making more products with recycled materials; in early 2024, it also became the first big tech company to achieve gender equality on its board of directors, now composed of four men and four women.

Though tech companies accounted for six of the top 20 positions and four of the top 10, the German automaker, BMW Group, ranked fourth. Accenture, the consulting firm based in Dublin, scored second overall in all three categories. Its CEO, Julie Sweet, was on the TIME100 list for 2024. Under her, Accenture “had a deeply positive societal impact, using technology to solve pressing issues,” Klaus Schwab, the founder and executive chairman of the World Economic Forum, wrote about Sweet.

(By arrangement with livemint.com)