Asia's Best Companies 2003 - India

FinanceAsia congratulates the winners of this year''s Best Companies survey. Here we present the results for India.

This survey covers the performance of the top companies in 10 countries in Asia. We polled institutional investors and equity analysts and received a total of 296 votes. The results will also appear in more detail in the April edition of FinanceAsia Magazine.

Best Managed Company
Position Company Votes
1 Infosys 121
2 HDFC 40
3 Bharti Tele-Ventures 33
4 Wipro 27
5 Hindustan Lever 26
6 Reliance 21
7 Ranbaxy Laboratories 12
8 I-Flex Solutions 12
9 ICICI 11
10 Tata Steel 10

 

Best Investor Relations
Position Company Votes
1 Infosys 129
2 Bharti Tele-Ventures 42
3 HDFC 31
4 ICICI 27
5 Wipro 25
6 Reliance 20
7 Hindustan Lever 15
8 Ranbaxy Laboratories 7

 

Most Committed to Creating Shareholder Value
Position Company Votes
1 Infosys 80
2 Hindustan Lever 43
3 HDFC 42
4 Reliance 35
5 Bharti Tele-Ventures 20
6 Wipro 15
7 Ranbaxy Laboratories 12
8 Nestle 10

 

Best Corporate Governance
Position Company Votes
1 Infosys 139
2 HDFC 41
3 Bharti Tele-Ventures 35
4 Wipro 29
5 Hindustan Lever 27
6 ICICI 9

 

Best Financial management
Position Company Votes
1 Reliance 81
2 Infosys 60
3 HDFC 32
4 Hindustan Lever 25
5 Bharti Tele-Ventures 19
6 Wipro 13
7 Ranbaxy Laboratories 11
8 ICICI 8
9 Dr Reddy’s Laboratories 7

Best CFO: Mohandas Pai, Infosys