AsiaMoney ranks Infosys best managed company in India
India Today
New Delhi, December 21: Indian software major Infosys has been adjudged the "best managed company" in India by 176 institutional investors worldwide interviewed by 'AsiaMoney.' The magazine also ranked State Bank of India (SBI) as the "best bank" in India.
About Infosys, the magazine said, "Infosys performed well across the board in our ranking. Investors clearly have a great deal of faith in management's ability to profit from the opportunities." The infotech company does a good job in communicating its actions and its intention, Will Goodhart, Editor of the magazine said in a statement today.
The rest of the four slots among the top five ranking in India were taken by Hindustan Lever, Reliance Industries and Ranbaxy Laboratories and Punjab Tractors, it said.
SBI, government owned largest commercial bank, was adjudged as number one based on criteria including total assets, profitability, liquidity and leverage. |
