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Tuesday, 13 February 2018

Tata steel and Wipro bag ‘most Ethical Company Award’

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Tata Steel Ltd and Wipro Limited are the two Indian companies that have been chosen among 135 world's most ethical companies for 2018 by the Ethisphere Institute, a leading international organization dedicated to the creation, advancement and sharing of best practices in business ethics, a press release has said.

The 135 companies dedicated to "defining and advancing the standards of ethical business practices" have been selected from 23 countries across 57 industries, Ethisphere Institute said in its statement on Monday.

A total of 135 companies from 23 countries are being recognized in 2018, the release said.  It added that the award will be bestowed on March 13. Amazingly, Tata Steel Limited has been honored by Ethisphere Institute USA five times earlier, in 2012, 2013, 2015, 2016 & 2017, in the Metals, Minerals and Mining grouping.

It seems that Tata Steel Limited and Wipro Limited will be impacted by the investors with this dignity in the trading days ahead.  However, the shares of Tata Steel and Wipro on Monday spiked 4.15% and 4.05% of Rs. 713.70 and 289.05 respectively on National Stock Exchange.



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