May 31 (Punjab Khabarnama) : Reliance Industries and Tata Group have been included in the list of the 100 most influential companies in the world for the year 2024 of the famous magazine Time. Reliance has been included in the list of Time for the second time. Jio Platforms, the firm holding the group’s digital assets, was included in the first Time 100 most influential companies list in 2021.
Vaccine maker Serum Institute is another Indian company included in this list. Time has listed Reliance in the ‘Titan’ category. The five categories of the list also include Leader, Disruptor, Innovator and Pioneer. Tata is also listed in the Titan category while Serum Institute has been given a place in the ‘Pioneer’ category.
This is why it got a place in the list
Time has described Reliance as India’s most valuable company and said that under the leadership of Mukesh Ambani, it has expanded by entering the energy, retail and telecom sectors. It also mentions the $8.5 billion deal to merge Reliance’s broadcasting business with Disney’s Indian business.
Time has described Serum Institute as the world’s largest vaccine manufacturer and said that it produces 3.5 billion vaccine doses every year. Referring to the Tata Group, the American magazine has said that it has a huge portfolio ranging from steel, software, watches, marine cables and chemicals to salt, grains, air-conditioners, fashion and hotels.
Tata’s valuation is more than Pakistan’s economy
Time said that in February, Tata’s total market cap reached US$365 billion, which is more than the entire economy of India’s neighboring country Pakistan. This is the fourth edition of the Time list of the world’s 100 most influential companies. It includes companies that have made an extraordinary impact around the world.