Sunday, November 6, 2011

Infosys tops Investor Relations Global Rankings



  • IRGR maiden event rocks at BSE
  • Concept PR's efforts highly appreciated

MUMBAI:  Bagging four awards in different categories, Infosys has walked away with top honours at the first event of the Indian Investor Relations Global Rankings’ award, which provided a unique platform to the Indian corporate sector to benchmark investor relations practices against their global peers.

 The IR Global Rankings (IRGR), the world renowned ranking body that indexes companies globally, has done the exercise for the first time for the BSE and NSE listed entities and over 100 companies registered themselves for the rankings. Instituted in 1999, this was the 13th edition of the rankings that were earlier conducted at New York, Amsterdam, Beijing, Sao Paulo and Taipei.

 IRGR is regarded as the most comprehensive ranking system for investor relations practices that include corporate governance practices and financial disclosure procedures. The ranking is based on an extensive technical proprietary research of publicly traded companies through a clear and transparent methodology and is supported by key global institutions such as Arnold & Porter, KPMG, MZ and Sodalie.

 Mr Madhu Kanan, MD and CEO of BSE that hosted the award event, said the rankings and awards were a good way to recognize performers of the best IR practices.

 Ms. Luar Huber, Head of IR Global Rankings, said: “We are overwhelmed with the response in India and I am sure going forward more and more companies would come forward to their IR practices.”

Co-organised by Concept PR, the afternoon started off with an interesting panel discussion on “Creating shareholder Value through Investor Relations – Trends and Challenges in Emerging Markets.”The discussion, moderated by Ms. Damini Kumari, Senior Editor, ET Now, had India’s leading five corporate  leaders as participating panelists - Mr. Amit Tandon (MD, Institutional Investor Advisory Services), Mr. Vikram Kotak (CIO Birla Sun Life Insurance LTD), Mr. Nirmal Jain (Chairman, IIFL), Mr. Nalin Nayyar (MD, Head – India Investment Banking, Religare Capital Markets ltd) and Mr. Kumar Ramachandran (Managing Director, Concept IR).

Infosys, Sun Pharmaceuticals, Tata Consultancy, Tata Steel, Wipro, Aditya Birla Nuvo, Edelweiss Capital Limited, Kotak Mahindra Bank, Persistant Technologies, Oberoi Realty, Godrej Consumer Goods, Piramal, Godrej Properties, ONGC, NTPC, ICICI Bank, Hindustan Unilever Limited, Pipavav Defence and Offshore and Power Finance Corporation were among those companies that participated in the rankings.

 The other awardees in each category were :

 1. IR WEBSITE : Firstsource Solutions Ltd, Tata Consultancy Services, Kotak Mahindra Bank Ltd, Wipro Limited & Infosys Technologies
 2. CORPORATE GOVERNANCE : Nucleus Software Exports, Hindustan Unilever Ltd, Persistent Systems Ltd,
3. ONLINE ANNUAL REPORT & FINANCIAL DISCLOSURE : Infosys Technologies

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