Wishesh Magazine October 2019 Wishesh Magazine October 2019 | Page 92

TECHNOLOGY Infosys, an Indian Information Technology (IT) giant and country’s second-largest software exporter by revenue, has been ranked third in the list of World’s Best Regarded Company compiled by Forbes. Bearing a title ‘Asian Invasion’ in the Forbes list, the American business magazine said that while 59 of 250 companies listed are based in the United States, the following three companies are from Japan, China, and India, with a total of 82 companies from the three countries. The first position in the list was bagged by the American financial services company Visa, the financial services company and Italian carmaker Ferrari is ranked second. 92 Bengaluru-headquartered Infosys outdid American multinational technology company Apple; Automation company Siemens; Mass media company Walt Disney, and others for the third position. In the year 2018, Infosys, which has taken numerous steps in terms of skilling its workforce, bagged 31st position in the list. Previously, the company was ranked at the 205th position in the list of Best Employers for New Grads 2019. In the Forbes’ 2018 list of Top 100 digital companies, Infosys was ranked 44 and ranked 46 in the top multinational performers in 2017. Infosys was founded in 1981 by N.R. Narayana Murthy in 1981. In the Fiscal Year 2019, the IT giant WWW.WISHESH.NET | OCTOBER 2019 recorded revenues of $11.6 billion. The company is listed on the Bombay Stock Exchange (BSE) and the New York Stock Exchange (NYSE). The company has recorded the workforce of 204,107 employees and 1,279 clients, as of March 2019. The Indian companies managed to clinch a position in the Forbes list of World’s Best Regarded Companies include Tata Consultancy Services (ranked 22), Tata Motors (ranked 31), Tata Steel (ranked 105), Larsen & Toubro (ranked 115), Mahindra and Mahindra (ranked 117), HDFC (ranked 135), and Bajaj Finserv (ranked 143). The IT giant Wipro stood at 168 in the list. The companies in the top 10 rankings are Visa, Ferrari, Infosys, Netflix, Paypal, Microsoft, Walt Disney, Toyota Motors,