Reliance and Tata are the most influential companies in the world in 2024. Reliance and Tata will be the world’s most influential companies in 2024: Time magazine released the list of top 100 companies, Serum Institute is also included in it.

America’s famous company Time Magazine has today (May 30) released the list of the most influential companies in the world. Three Indian companies have been given a place in this annual list of 2024.

This includes Mukesh Ambani-led Reliance Industries Limited (RIL), Tata Group and Adar Poonawala’s Serum Institute of India (SII).

This is the fourth edition of Time’s list of the 100 most influential companies in the world. Its complete list will be published in the June 10, 2024 issue of Time.

Companies were divided into five categories
This list of time is divided into five categories. This includes Leaders, Disruptors, Innovators, Titans and Pioneers categories. 20 companies have been included in each category. Reliance and Tata Group have got a place in the Titans category, while Serum Institute of India has been selected for the Pioneers category.

Jio was included in the list in 2021

This is the second time that Time has included Mukesh Ambani’s company in its list. Earlier in 2021, Jio Platforms was included in the list of Time’s Top 100 Most Influential Companies. At the same time, this time Time magazine has also given the title of ‘India’s Juggernaut’ to Reliance.

It was written about Reliance in the magazine that Reliance, which started as a textile and polyester company, is today a big business group. It is also the most valuable company in the country with a market capitalization of more than $200 billion.

The company has many businesses including energy, retail and telecom. Time magazine has also mentioned the Reliance and Disney deal. The magazine says that this $8.5 billion deal will strengthen Reliance’s hold on India’s fast-growing streaming market.

Reliance’s profit crosses ₹1 lakh crore
Reliance Industries’ profit before tax has crossed Rs 1 lakh crore. Reliance is the first Indian company to do so. Additionally, the company has reported a record annual income of Rs 10 lakh crore in FY 2024 (April 2023- March 2024).

Reliance has announced the results for the fourth quarter (January-March) of the financial year 2023-24 on April 22. The company’s board has also approved a dividend of Rs 10 per share. Companies give some part of the profits to their shareholders, it is called dividend.

Second company to join Tata Group list

Apart from Reliance Industries, Tata Group from India has also been given a place in Time’s list. Regarding this, Time said that Tata Group is one of the oldest companies of India. Its vast portfolio extends from steel, software, watches and chemicals to salt, grains and air-conditioners.

In 2023, it became the first Indian company to assemble the iPhone. Tata’s combined market capitalization will reach $365 billion in February 2024.

Serum Institute produces 3.5 billion vaccines every year

Time magazine has included Serum Institute of India as the world’s largest vaccine manufacturing company. The company produces 3.5 billion doses each year, which include measles, polio and HPV. During the Corona epidemic, the vaccines of Serum Institute of India saved the lives of millions of people.