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Reliance is India’s most admired business house


indiantelevision.com's Media, Advertising & Marketing Watch
 
Reliance is India’s most admired business house
 
The Indiantelevision.com Team



(28 July 2003 5:00 pm)
 
MUMBAI: Reliance has emerged as the ‘Most Admired Business House’ for the third consecutive year in the 'Business Barons - TNS Mode Opinion Poll' for 2003.
 
 

Reliance was ranked number one in Management Quality, Financial Performance and Returns to Shareholders, the major parameters under which Most Admired Business Houses were judged. This opinion poll claims to be the only annual survey of its kind, which draws a comparison of India’s largest business houses.

The opinion poll is carried out by TNS Mode - the Indian affiliate of the world’s second largest market research agency and reflects the perceptions of the CEOs and senior managers across the country on various aspects of corporate excellence.

In Returns to Shareholders, RIL ranked number one while in Financial Performance and Growth Prospects it ranked number two, and third in Management Quality. Mukesh and Anil Ambani rank amongst India’s Most Admired CEOs for the fifth consecutive year. The CEOs were judged on four parameters - Leadership, Integrity, Vision and Technology Orientation.

Earlier this month, Reliance Industries ranked 306th in the Forbes Global 500, a ranking of world's largest public companies. RIL was also the only Indian private sector company to feature in this list this year. The Global 500 list was been published in Forbes Global's issue dated 21 July 2003. In the Global 500, companies are ranked on revenues, net income, assets and market capitalisation - all equally weighted and based on the latest available figures.

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