Ethics, climate mark 'good business' for investors in tier-2 cities: Study

Investors in tier-one cities-- Delhi, Mumbai, Bangalore, Chennai, Ahmedabad and Hyderabad-said they would stick to traditional business criteria

Investors in India’s four tier-2 cities would include ethics and climate change in their definition of a "good business", revealed the findings by Mahindra Good Business Study.

Coimbatore, Chandigarh, Jaipur and Lucknow would look beyond the financial strength of a company for investing, according to the study conducted by Mahindra Group with a third party firm through telephonic interviews with 2,089 respondents in 10 cities. 

Investors in tier-1 cities-- Delhi, Mumbai, Bangalore, Chennai, Ahmedabad and Hyderabad—said they would stick to traditional business criteria of financial profits when looking at investing in a good business.

Investors in the tier-two cities said