Infosys, TCS top corporate reputation index

IT majors Infosys Technologies and Tata Consultancy Services (TCS) have emerged as the most reputed corporate houses in India while Tata Motors, Tata Steel and Hindustan Unilever were tied at the second place, according to the latest Corporate Reputation Index released by global consultancy firm TNS.

Maruti Udyog, the largest car maker in the country, got the third highest number of votes on the index, the report said.

"Corporate reputation is assuming increasing importance in today's business, economic and social environment. As corporate behaviour is increasingly under scrutiny and corporate valuations go beyond financial performance parameters, it is considered to be a measure of confidence in the organisation and goes much beyond market capitalisation and brand equity," TNS said in a statement.

The corporate reputation index represents stakeholder expectations and experiences with the company and its services, processes, management and systems.

The study reflects views of financial community and senior and middle business managers in the industry. It also includes expectations of opinion leaders including senior bureaucrats, academicians and media personalities.

A total of 70 leading companies across various sectors were selected for the study conducted in the last quarter of the previous fiscal.