🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Infosys only Indian firm in TIME’s top 100 World's Best Companies of 2023

Published 15-09-2023, 07:03 pm
© Reuters.  Infosys only Indian firm in TIME’s top 100 World's Best Companies of 2023
GM
-
MSFT
-
F
-
AAPL
-
SBUX
-
ACN
-
PFE
-
AXP
-
DAL
-
INFY
-
VOWG_p
-
META
-

New Delhi, Sep 15 (IANS) IT major Infosys (NS:INFY) is the only Indian company featured in the TIME Magazine’s top 100 ‘World’s Best Companies 2023’ list, dominated by Big Tech. The Bengaluru-based professional services firm has been ranked 64th spot in the top 100 list.

“Infosys has been featured in TIME World’s Best Companies 2023 list. We are among the top 3 global professional services firms and the only brand from India in the Top 100 global rankings,” the company said in a post on X (formerly Twitter).

The list, curated by TIME and Statista, is dominated by global Big Tech companies like Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (Google’s parent company) and Meta (NASDAQ:META) Platforms which were the top four companies on the list.

Other top companies in the coveted list are Accenture (NYSE:ACN), Pfizer (NYSE:PFE), American Express (NYSE:AXP), BMW Group, Dell Technologies, Louis Vuitton, Delta Air Lines (NYSE:DAL), Starbucks (NASDAQ:SBUX), Volkswagen (ETR:VOWG_p) Group, General Motors (NYSE:GM), Ford and others.

The list is based on a formula of revenue growth, employee-satisfaction surveys, and rigorous environmental, social, and corporate governance (ESG, or sustainability) data. Big Tech had a tough year, laying off tens of thousands of workers since January.

But the world’s biggest tech companies are also the ones doing best for investors, employees, and the planet.

“Microsoft, for example, the top company in the global rankings, made $72 billion in its most recent fiscal year, a 63 per cent increase from 2020, while also reducing overall emissions by 0.5 per cent,” said TIME.

Accenture, based in Dublin, had the highest ESG ranking of any company on the list.

“The rankings show just who dominates the world economic order, with fast-moving tech and business-services companies unseating the manufacturers and consumer-goods companies that once drove the global economy,” the magazine said.

--IANS

na/ksk

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.