OREANDA-NEWS. February 10, 2011. Tata Steel has won `The Businessworld Most Respected Company Award 2011’ in the metals category. The award is a result of the findings of a two-phased, sector-wise survey that was conducted across 20 industry verticals by Businessworld magazine.

The various parameters under which companies were evaluated included financial performance and returns; innovativeness; depth and quality of top management; ethics and transparency; global competitiveness; quality of products and services, and people and talent management practices.

Sanjay Nath Singh, resident executive, Tata Steel, New Delhi, received the award from Pranab Mukherjee, union finance minister, at a function held in New Delhi on February 8, 2011. Others present on the occasion included Aveek Sarkar, editor, ABP Group of publications.

Businessworld has stated that Tata Steel ranked “way ahead of others on all seven parameters of the Most Respected Companies Survey 2011”. The survey respondents described Tata Steel as “one of the global giants in the steel industry with very good product quality”.