According to revenues, profitability, and market value, Reliance Industries Ltd. is India’s largest corporation and also the one with the highest media visibility, according to the Wizikey Newsmakers report for 2022.
The other companies in the top five rankings are State Bank of India, ICICI Bank Limited, Bharti Airtel Limited, and One 97 Communications Limited, which owns Paytm, according to a statement from Wizikey.
The rankings are based on Wizikey’s News Score, which evaluates the volume of news, the prominence of headlines, and the reach of publications to determine how visible businesses and individuals are in the news.
The AI and ML technology used by Wizikey collects media intelligence from more than 50 million news stories spread over more than 400,000 web outlets. Over 1000 Indian corporations were studied for the research.
Reliance has a news score of 92.56 for 2022, making it the first Indian firm to ever surpass the 90-point mark. Reliance’s news score increased from 84.9 in 2021.
Wizikey’s news score is the first globally recognised statistic for gauging news visibility for businesses and individuals using big data, machine learning, artificial intelligence, and media intelligence.
The news score takes into account a number of important factors, including the quantity of news, headline presence, publication reach, and readership. The evaluation, which ranges from 0 to 100, is based on a review of more than 400,000 papers. It represents a brand’s media presence in influential periodicals.
Jio, Mumbai Indians, Network18, Moneycontrol, and Hamleys are some of the group’s other most well-known consumer brands that are not included in the calculations for Reliance’s news score.
Reliance led all Indian corporates in Wizikey’s Newsmakers rankings for the third consecutive year.
According to a statement, Wizikey’s most recent research identifies the “hottest firms and Newsmakers of 2022, who have been noticeable for a variety of reasons including investments, acquisitions, partnerships, and more.”
Reliance claimed that everything from brand acquisitions like Mandarin Oriental, Addverb Technologies, Campa Cola, and more to the announcement of investments totaling Rs 3.5 lakh crore and much more helped the company hold the top spot for three years in a row.
Additionally, State Bank of India invested in a variety of businesses through different partnerships.
In order to move up to the second spot, State Bank of India made a variety of investments in businesses, from partnerships and memorandums of understanding to news about loan write-offs and raising Rs 10,000 crores through infrastructure bonds.
ICICI Bank Limited became the third most well-known corporate entity as a result of investments in numerous businesses, including Gift City Clearing Corp, Verve Financial Services, and NARCL, as well as the distribution of lakhs of equity shares through the ESOS programme.
Due to numerous features, programmes, and product launches across Airtel, Airtel Payments Bank, and Airtel XStream, Bharti Airtel Limited generated a lot of buzz around the launch of 5G and exceeded the 1 million customer threshold. This helped the company move up to the fourth spot.
One 97 Communications, which was listed a year ago, came in fifth on the list thanks to news of its stock price decline, share buybacks, the launch of numerous services including BNPL for train ticket booking via IRCTC, as well as various hires and changes in top-level roles.
Aakriti Bhargava, co-founder and CEO of Wizikey, said on the study for this year: “2022 witnessed both lows and highs on the Sensex, with companies navigating economic difficulties amidst the conflict and rising crude oil prices.” The other companies on the list were Infosys (No. 6), Tata Consultancy Services Limited (No. 7), Housing Development Finance Corporation Limited (No. 8), Maruti Suzuki India (No. 9), Tata Motors (No. 10) and HDFC Bank (No. 11). Zomato, a recently publicised startup, came in at number twelve, ahead of Wipro, Axis Bank, NTPC, Tata Steel, ITC, and Larsen & Toubro (18).