TIME Magazine and Statista have jointly unveiled the World’s Best Companies 2024 list, with HCLTech leading as the top India-headquartered firm. In a competitive global landscape, HCLTech secured the 112th position globally and ranked first among Indian companies. This prestigious recognition puts the spotlight on employee satisfaction, revenue growth, and environmental, social, and corporate governance (ESG) metrics.
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Let’s dive into the key highlights and understand why HCL Tech and other Indian firms stood out among the best.
HCL Tech: Leading Among Indian Firms
- Top Position Among Indian Firms: HCLTech, a Noida-headquartered IT company, topped the Indian list and ranked 112th globally with an impressive overall score of 91.75. It also secured a spot in the global top 10 for Professional Services.
- Global Recognition: The company gained recognition not just in India but globally, outperforming several competitors on key metrics such as Best Companies in IT services and consulting.
- Headcount and Expansion: With a workforce of 219,000 employees spread across 60 countries, HCLTech has continuously shown strong global expansion and sustained growth.
Overview of TIME’s Best Companies 2024 List
- Criteria for Ranking: The World’s Best Companies list, compiled by TIME Magazine, evaluates firms based on employee satisfaction surveys, ESG data, and revenue growth.
- Survey Reach: Over 170,000 participants from more than 50 countries contributed to the ranking, making this one of the most comprehensive global surveys. Participants assessed work conditions, equality, and company reputation to determine the Best Companies.
- Global Winners: At the top of the global list were well-known tech giants. Apple led the list with an overall score of 97.75, followed by Accenture, Microsoft, BMW, and Amazon.
How HCL Tech Performed
- Employee Satisfaction: HCLTech ranked 243rd in employee satisfaction, behind other Indian firms such as Infosys and Wipro.
- ESG Rating: The company secured the 76th spot for ESG, contributing significantly to its inclusion among the Best Companies for sustainability efforts.
- Awards and Partnerships: In 2024, HCLTech received the prestigious Pega Partner Innovation Award for excellence in the financial services industry. The company also expanded its collaboration with SAP to provide certified training for IT professionals.
Other Indian Companies in the Best Companies List
- Infosys: Placed at 119th globally, with a score of 91.55, Infosys continues to rank high in employee satisfaction and overall performance.
- Wipro: Ranked 134th with a score of 91.29, Wipro maintained its place among the top IT firms from India.
- Mahindra Group: Secured the 187th position with a focus on manufacturing and services.
- Axis Bank: Ranked 504th, demonstrating the banking sector’s growing prominence among India’s Best Companies.
Key Highlights of TIME’s 2024 Best Companies
- Tech Firms Dominate: Out of the top 20 positions, six were occupied by tech firms, showing the sector’s dominance.
- Apple’s ESG Leadership: Apple ranked first in ESG metrics and 4th in employee satisfaction, making it the top global firm.
- Alphabet Leads in Employee Satisfaction: Alphabet, Google’s parent company, was rated the highest in employee satisfaction, pushing Microsoft to the second spot.
List of Top 5 Global Best Companies 2024
| Rank | Company Name | Headquarters | Overall Score |
|---|---|---|---|
| 1 | Apple | USA | 97.75 |
| 2 | Accenture | Ireland | 97.70 |
| 3 | Microsoft | USA | 97.65 |
| 4 | BMW Group | Germany | 97.41 |
| 5 | Amazon | USA | 96.47 |
List of Top 5 Indian Best Companies 2024
| Global Rank | Company Name | Headquarters | Overall Score |
|---|---|---|---|
| 112 | HCL Technologies | Noida, Uttar Pradesh | 91.75 |
| 119 | Infosys Limited | Bengaluru, Karnataka | 91.55 |
| 134 | Wipro Limited | Bengaluru, Karnataka | 91.29 |
| 187 | Mahindra Group | Mumbai, Maharashtra | 90.57 |
| 504 | Axis Bank | Mumbai, Maharashtra | 86.72 |
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Conclusion
The 2024 World’s Best Companies list highlights the continued growth and success of Indian companies in a global arena. With HCL Tech leading the charge, Indian firms are increasingly being recognized for their contributions to IT services, consulting, and ESG initiatives. As these firms scale new heights, they continue to prove their mettle in the highly competitive global landscape.
FAQs
Which company is the best in the world?
According to TIME’s World’s Best Companies 2024, HCL Tech ranks as the best company from India, while Apple tops globally.
What are the top 100 companies called?
The top 100 companies are generally referred to as part of the Fortune Global 100 or Forbes Global 2000 rankings.
Top 100 companies in the world
In 2024, Top 100 Companies in the World include Apple, Microsoft, Saudi Aramco, Alphabet (Google), Amazon, Tesla, Berkshire Hathaway, Nvidia, Meta Platforms (Facebook), Taiwan Semiconductor Manufacturing Company (TSMC), Johnson & Johnson, Visa, ExxonMobil, UnitedHealth Group, JPMorgan Chase, Procter & Gamble, Nestlé, Samsung Electronics, Walmart, Kweichow Moutai, Pfizer, Roche Holding, Alibaba Group, Coca-Cola, PepsiCo, LVMH (Moët Hennessy Louis Vuitton), Mastercard, Bank of America, Intel, Toyota Motor Corporation, AT&T, Chevron, Shell, Novo Nordisk, Tencent Holdings, Charles Schwab, Oracle, HSBC Holdings, Merck & Co., IBM, AbbVie, Siemens, British American Tobacco, Comcast, BHP Group, Volkswagen Group, Thermo Fisher Scientific, L’Oréal, Cisco Systems, TotalEnergies, Diageo, Anheuser-Busch InBev, 3M, Unilever, Qualcomm, Accenture, Salesforce, Adobe, Booking Holdings, American Express, Dell Technologies, PayPal, Nissan Motor Corporation, Kweichow Moutai, Chubb Limited, Danone, AstraZeneca, BP, Lloyds Banking Group, Caterpillar, Honeywell, SAP, Tata Consultancy Services (TCS), SoftBank Group, Marriott International, General Electric, Target Corporation, Stryker Corporation, Lockheed Martin, Canadian National Railway, ADP, General Motors, Netflix, Abbott Laboratories, Bristol-Myers Squibb, Eli Lilly and Company, Cigna, BASF, Siemens Healthineers, Linde, Illumina, Daimler AG, Walt Disney, Ford Motor Company, Kraft Heinz, Colgate-Palmolive and China Mobile.
World’s Best Companies 2024
TIME’s World’s Best Companies 2024 highlights companies excelling in growth, sustainability, and employee satisfaction. Apple, Microsoft, and HCL Tech are among the top.
Best Companies List (2024):
The best companies list from sources like Fortune, Forbes, and TIME includes:
- Apple
- Microsoft
- Google (Alphabet)
- HCL Technologies
- Amazon
- Tesla
- Salesforce
- Johnson & Johnson
- Tata Consultancy Services (TCS)
- Berkshire Hathaway
What are the top 50 companies called?
The top 50 companies are often ranked in the Fortune Global 50 or Forbes Global 50.
Top 50 companies in the world
In 2024, Top 50 Companies in the World include Apple, Microsoft, Saudi Aramco, Alphabet (Google), Amazon, Tesla, Berkshire Hathaway, Nvidia, Meta Platforms (Facebook), Taiwan Semiconductor Manufacturing Company (TSMC), Johnson & Johnson, Visa, ExxonMobil, UnitedHealth Group, JPMorgan Chase, Procter & Gamble, Nestlé, Samsung Electronics, Walmart, Kweichow Moutai, Pfizer, Roche Holding, Alibaba Group, Coca-Cola, PepsiCo, LVMH (Moët Hennessy Louis Vuitton), Mastercard, Bank of America, Intel, Toyota Motor Corporation, AT&T, Chevron, Shell, Novo Nordisk, Tencent Holdings, Charles Schwab, Oracle, HSBC Holdings, Merck & Co., IBM, AbbVie, Siemens, British American Tobacco, Comcast, BHP Group, Volkswagen Group, Thermo Fisher Scientific, L’Oréal, Cisco Systems, and TotalEnergies.
Top 10 companies in the world
The top 10 companies by market cap in 2024 are:
- Apple
- Microsoft
- Saudi Aramco
- Alphabet (Google)
- Amazon
- Tesla
- Berkshire Hathaway
- Nvidia
- Meta (Facebook)
- TSMC (Taiwan Semiconductor Manufacturing Company)
Top 10 Best Companies (2024):
The top 10 companies in the world, based on performance, employee satisfaction, and market value, as featured in lists like Fortune 500, TIME, and Forbes include:
- Apple
- Microsoft
- Saudi Aramco
- Alphabet (Google)
- Amazon
- Tesla
- Berkshire Hathaway
- Nvidia
- Meta Platforms (Facebook)
- Taiwan Semiconductor Manufacturing Company (TSMC)
Top 10 richest company in the world
The richest companies by market cap in 2024 are:
- Apple
- Microsoft
- Saudi Aramco
- Alphabet (Google)
- Amazon
- Tesla
- Meta (Facebook)
- Nvidia
- TSMC (Taiwan Semiconductor Manufacturing Company)
- Berkshire Hathaway
World No. 1 company
Apple is the world’s No. 1 company in terms of market capitalization in 2024.
Top 20 richest company in the world
- Apple (Fortune Global 500)
- Microsoft (Forbes Global 2000)
- Saudi Aramco (Fortune Global 500)
- Alphabet (Google) (Forbes Global 2000)
- Amazon (Fortune Global 500)
- Tesla (TIME’s Best Companies 2024)
- Berkshire Hathaway (Fortune Global 500)
- Nvidia (Forbes Global 2000)
- Meta Platforms (Facebook) (TIME’s Best Companies 2024)
- Taiwan Semiconductor Manufacturing Company (TSMC) (Forbes Global 2000)
- Johnson & Johnson (Fortune Global 500)
- Visa (Forbes Global 2000)
- ExxonMobil (Fortune Global 500)
- UnitedHealth Group (Forbes Global 2000)
- JPMorgan Chase (Fortune Global 500)
- Procter & Gamble (Forbes Global 2000)
- Kweichow Moutai (TIME’s Best Companies 2024)
- Walmart (Fortune Global 500)
- Nestlé (Forbes Global 2000)
- Samsung Electronics (TIME’s Best Companies 2024)
What is the world’s No. 1 brand?
Apple is considered the world’s No. 1 brand in 2024, based on brand value.
Who is the No. 1 company of India?
Reliance Industries is the No. 1 company in India in terms of market capitalization as of 2024.
Top 10 Best Companies to Work For in India (2024):
According to Great Place to Work and Forbes India rankings, the top 10 companies to work for in India include:
- Tata Consultancy Services (TCS)
- Infosys
- HCL Technologies
- Wipro
- Reliance Industries
- Accenture India
- Google India
- Microsoft India
- IBM India
- Larsen & Toubro (L&T)
What’s the best company in the world?
Apple is ranked the best company in the world due to its strong market value, innovation, and brand power.
Which is the No. 1 company in India?
Reliance Industries is India’s No. 1 company by market capitalization in 2024.
Best companies in the world
Some of the best companies globally include Apple, Microsoft, Google, and HCL Tech.
Best companies in India
Some of the best companies in India are Reliance Industries, TCS (Tata Consultancy Services), Infosys, and HCL Tech.
Best companies to work for in the world
Google, Salesforce, Adobe, and Microsoft are some of the best companies to work for in 2024.
Best companies to work for 2024
Some of the best companies to work for in 2024 include Google, Adobe, HCL Tech, and Microsoft.
India’s Best companies to work for 2024
India’s best companies to work for in 2024 include Tata Consultancy Services (TCS), Infosys, and HCL Tech..