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TCS most admired IT company: Hay Group

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CIOL Bureau
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BANGALORE, INDIA: There are many reasons that make a company successful and you can't deny that there are equal number of reasons that make a company admirable.

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Judging the companies on myriad platforms, Fortune India in collaboration with global management consulting firm Hay Group has listed India’s 50 Most Admired Companies, for the first time, in its March issue.

The Tata Group dominates with three group companies featuring in the top ten list of India’s most reputed companies. Tata Steel has topped the list, becoming India’s most admired company. Tata Consultancy Services (TCS) has ranked top among companies in the IT, ITES, BPO industry and Tata Motors led in the automotive industry.

Corporates are rated on the parameters of consistency, quality, talent management, corporate governance, social responsibility and delivering value to investors. The cover story also includes the sectoral rankings, covering 15 key sectors.

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Hindustan Unilever and Colgate Palmolive are placed at the second and the third place in the list followed by Cadbury India. No public sector undertaking features in the first top ten most admired companies. However, PSUs in the Oil and Gas sector like the ONGC, Bharat Petroleum Corporation and Indian Oil and Hindustan Petroleum are ranked 16th, 17th, 19th and 20th respectively in the list.

Gaurav Lahiri, Managing Director of Hay Group India, said: “Hay Group India is pleased to partner with FORTUNE India to roll out the inaugural edition of India’s Most Admired Companies. This initiative furthers the tremendous success of our collaboration with FORTUNE globally, on the World’s Most Admired Companies rankings. The India list will prove to be a conclusive guidebook to corporate India’s emerging and existing stars and demonstrates the most progressive and effective market players across industries, as measured by company’s peers within the industry.” 

The companies were shortlisted from 15 industries on the basis of their size, contribution to national GDP, growth rate, maturity of industry, competition within the industry, the minimum number of players in the industry and their national presence. 

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