rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Tata group voted India's most trustworthy company

Tata group voted India's most trustworthy company

December 20, 2013 08:26 IST

Tata group voted India's most trustworthy company

     Next

Next

Completing a year at the helm of one of the biggest conglomerates of the country, Cyrus Mistry seems to have won the trust of his investors, says a survey by Equitymaster. 

According to the survey, the Tata group retains the top position with 4,490 (31.83%) readers voting them to be 'The Most Trustworthy Corporate Group' of 2013. This is fourth time in a row that The Tata Group has come out as a clear winner.

However, it must be noted that the Tata Group has dropped significantly from the 61.21% votes they got in 2011 and the 55.77% they received last year.

A total of 14,107 votes were cast in the survey that was conducted on Equitymaster’s website for a week.

Click NEXT to read more...


Image: Cyrus Mistry.
Photographs: Reuters

     Next

Tata group voted India's most trustworthy company

Prev     Next
Prev

Next

HDFC Group took the distant second position with 12.47% votes followed by Larsen and Toubro with 7.83% votes.

Click NEXT to read more...


Photographs: Reuters

Prev     Next

Tata group voted India's most trustworthy company

Prev     Next
Prev

Next

Aditya Birla Group (6.44%), Infosys (5.05%) and Mahindra Group (4.28%) took the fourth, fifth and sixth position respectively.

Click NEXT to read more...


Image: Kumar Mangalam Birla
Photographs: Reuters

Prev     Next

Tata group voted India's most trustworthy company

Prev     Next
Prev

Next

Keeping with the current times, this year Equitymaster also included “None of Above” as one of the options and 4.14% of the total voters opted for it to showing the complete lack of trust investors have in these businesses.

Mukesh Ambani's Reliance Group (9th), with 3.58% votes, was placed 2 ranks above the Anil Dhirubhai Ambani Group (11th) that got 2.72% of the total votes cast.

Click NEXT to read more...


Image: Mukesh Ambani
Photographs: Reuters

Prev     Next

Tata group voted India's most trustworthy company

Prev     More
Prev

More

With 3.49% votes, Godrej and DLF (2.50%) and Vedanta Group (2.43%) were the new addition to the list this year and they outperformed the regulars like Bharti Airtel (2.19%) and Essar Group (1.94%).

This Annual survey is one of the many investor awareness initiatives that are carried out by Equitymaster and it has seen thousands of investors casting their vote every year.


Image: Adi Godrej
Photographs: Reuters

Prev     More