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Tata Steel wins Dun & Bradstreet Corporate Award for fourth consecutive year

Jamshedpur/Mumbai, May 28: Tata Steel bagged the prestigious Dun & Bradstreet Corporate Award 2018 in the ‘Iron and Steel’ category for the fourth consecutive year. Ms. Dipali Talwar, Group General Counsel, Tata Steel received the award on behalf of the organisation from the Hon’ble Minister of State for Finance, Government of India, Shri Shiv Pratap Shukla, at an award ceremony held in Mumbai on May 25, 2018. The event witnessed presence of senior bureaucrats, company CEOs, eminent corporate leaders and professionals.
The Dun & Bradstreet Corporate Awards have been commemorating outstanding performers among Indian Corporates since 2006. The Dun & Bradstreet Corporate Awards honours the Top 500 Companies in India, thus recognizing their role as ‘Champions of Change’ in the transformation of the country.
Manish Sinha, Managing Director, Dun & Bradstreet, India said, “India is currently witnessing a dynamic business environment propelled by government reforms and growing investor confidence. The economy shows improving industrial activity backed with improving domestic consumption and heavy infrastructure spending. Corporate performance will mirror improving macros and India’s Top 500 Companies, being the torch bearers of Corporate India will play an important part in driving Government’s key agendas in the near future. I congratulate Tata Steel for their contribution to the growth of the economy, and being an exemplary leader of the sector.”

The Dun and Bradstreet analysts’ team identify financial category wise parameters relevant for evaluating the performance of organisations. The parameters are included in a proprietary financial model that has been developed by the team in-house. This model is then used to identify the top performers in each category. Winners are chosen based on a composite score which considers several quantitative factors. Only businesses featured in the Dun & Bradstreet ‘India’s Top 500 Companies’ publication is considered for this award.

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