Dun & Bradstreet (D&B), the world’s leading provider of global business information, today recognized the PSUs who are the front-runners in their respective sectors through the ‘PSU Awards 2018’ in the presence of Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister and Member, NITI Aayog, Government of India in Delhi. The fifth edition of the awards acknowledges the stellar performance and imperative role played by the leading PSUs in the socio-economic development of the country.
The grand event also unveiled the 11th edition of ‘India’s Top PSUs’ – a compendium of Public Sector Undertakings (PSUs) of India featuring a comprehensive list of central PSUs across the country.
Further, with an aim to acknowledge the contribution of the PSU sector, Dun & Bradstreet India showcased the 11th edition of the publication titled ‘India’s Top PSUs 2018’. The revered publication provides valuable information about the leading public-sector undertakings (PSUs) of India along with their notable achievements, financial and operational performance.
Showcasing the publication and highlighting the contribution of the PSU sector in India, Manish Sinha, Managing Director, Dun & Bradstreet India commented,“In recent years there has been an extensive narrative on ‘responsible and inclusive capitalism’. This approach to business serves customers, employees and society, in addition to shareholders.
Indian PSUs have been embodying this philosophy before this vocabulary existed. Many PSUs were created after independence and in the decades that followed, have supported India’s self-reliant economic growth and balanced regional development.
It is a credit to them that they have delivered these socially desirable outcomes despite many challenges: the shortage of talent and non-commercial targets. D&B celebrates India’s Top PSUs 2018 to acknowledge their contribution to the Indian economy”.
Dun & Bradstreet India has developed a proprietary financial model for identifying the top PSUs in each category. The model takes into consideration size, growth and profitability indicators to arrive at the final award winners.
The full list of winners of Award Categories Award Winners are as followed:
1 Coal Coal India Limited
2 Crude Oil Oil and Natural Gas Corporation Limited
3 Power Generation NTPC Limited
4 Power Transmission Power Grid Corporation of India Limited
5 Fertilizers National Fertilizers Limited
6 Gas – Processing, Transmission and Marketing GAIL (India) Limited
7 Heavy & Medium Engineering Hindustan Aeronautics Limited
8 Petroleum – Refining & Marketing Indian Oil Corporation Limited
9 Minerals & Metals NMDC Limited
10 Hotel & Tourist Services Indian Railway Catering and Tourism Corporation Limited
11 Transport & Logistic Services Container Corporation of India Limited
12 Contract, Construction & Technical Consultancy Services NBCC (India) Limited
13 Financial Services Rural Electrification Corporation Limited
14 Life Insurance Life Insurance Corporation of India
15 Non-Life Insurance The New India Assurance Company Limited
16 Re-insurance General Insurance Corporation of India
17 Best Growth Performance – Contract, Construction & Technical Consultancy Services PFC Consulting Limited
18 Best Growth Performance – Financial Services Indian Railway Finance Corporation Limited
19 Best Growth Performance – Power Generation NLC India Limited
20 Best Maharatna in Manufacturing, Processing and Generation Indian Oil Corporation Limited
21 Best Navratna in Manufacturing, Processing and Generation Hindustan Petroleum Corporation Limited
22 Best Miniratna in Manufacturing, Processing and Generation Numaligarh Refinery Limited
23 Best Navratna in Services Power Grid Corporation of India Limited
24 Best Miniratna in Services Rail Vikas Nigam Limited
25 Best Maharatna in Mining & Exploration Oil and Natural Gas Corporation Limited
26 Best Navratna in Mining & Exploration NMDC Limited
27 Best Miniratna in Mining & Exploration South Eastern Coalfields Limited
28 Overall Best Maharatna Indian Oil Corporation Limited
29 Overall Best Navratna Power Grid Corporation of India Limited
30 Overall Best Miniratna Numaligarh Refinery Limited
31 Best Corporate Social Responsibility Initiatives Oil and Natural Gas Corporation Limited
32 Best Export Performance National Aluminium Company Limited
33 Best Swachh Bharat Initiatives Oil and Natural Gas Corporation Limited