Top 10 Most Admired Companies of India

02 September 2014 Consultancy.in

Fortune Magazine has, in collaboration with consulting firm Hay Group, released its 2014 edition of ‘India’s Most Admired Companies’. The prestigious list is topped by FMCG giant ITC, followed by engineering conglomerate Larsen & Toubro (L&T) and Hindustan Unilever.

For the third year in a row, Fortune and Hay Group have joined hands in India to study the extent to which Indian-based firms are admired. The methodology is based on a survey that asks respondents to rank their peers across a scale of ten parameters. These parameters include corporate governance, endurance, impact on society, investment value, product/service quality, innovation, quality of leadership, talent development, employee empowerment and business footprint. This year, more than 500 companies across 15 key sectors were included in the ranking.

An overview of the Top 10 Fortune India’s Most Admired Companies:

Top 10 companies

ITC distinguished itself mainly through high scores on the parameters corporate governance, endurance, social impact, product quality and employee empowerment. In second place, L&T rated highest on leadership, while Hindustan Unilever scored relatively high on talent development, product quality and leadership among other metrics. According to Sridhar Ganesan, Country Head of Hay Group in India, two criteria in particular separated the Top 10 from the rest of the winners: corporate governance and social impact.

Global ranking

This is not the first time that Fortune and Hay Group have partnered to conduct research. The two firms have for a number of years now jointly released the same list on a global scale – known as ‘Fortune World’s Most Admired Companies’.

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Grant Thornton named India's best sports services consulting firm

10 April 2019 Consultancy.in

Honouring its work with the Hockey World Cup 2018, global professional services firm Grant Thornton’s India practice has been named the Best Sports Services Consulting Firm at this year’s Sports Excellence Awards held by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). 

The firm was selected by the Sports & Youth Services Department in the Odisha government last year to manage the Hockey World Cup 2018, which took place in Bhubaneshwar between November and December. 16 teams participated in the event, which was won by Belgium.

Grant Thornton has been laying greater emphasis on its sports consulting services in recent years, particularly in the Indian market. Alongside its position as Project Manager for the Hockey World Cup, the firm is also currently working on projects with the regional governments in the states of Punjab and Kerala.

The projects include  sporting initiatives from both states, and have presumably resulted from Grant Thornton’s demonstration of its ability to manage a sporting event of great scale. The firm has now been formally recognised in New Delhi by ASSOCHAM for its work during the event.Grant Thornton named the Best Sports Services Consulting Firm in India

The firm received the award for the Best Sports Services Consulting Firm in the Sports Excellence Awards division of ASSOCHAM’s National Summit & Awards on Sports Business: Infrastructure, Investment and Merchandising. Sports has become the latest focus for Grant Thornton, in addition to other diversification efforts.

Commenting on the award, CEO of Grant Thornton India Vishesh Chandiok said, “I am absolutely delighted at this occasion of Grant Thornton being awarded as the sports consultancy of the year. Hockey World Cup was not only the biggest sports consulting project ever, but it also ended up being one of the most successful sports events ever hosted in India. I really hope this has set the standard for the future and I would like to congratulate all our 4,000 plus employees in India and more than 50,000 around the world for the encouragement and work on the ground.”

“We realigned our focus on sports advisory about two years back. In these couple of years, we have seen the growing interest of Governments and the private sector in sports and believe that Grant Thornton has global expertise and credentials to meet their requirements. Going forward, we plan to work closely with Governments, the private sector, federations and other stakeholders in developing competitiveness in the sports sector,” he added.