Tata Chemicals bags fair business award
Tata Chemicals Limited, part of the over USD 100 billion Tata Group, was felicitated with the 'Uchit Vyavahar Puraskar' in the 'Manufacturing enterprise - Large' category organized by the Council for Fair Business Practices (CFBP) at a formal function held on Thursday.
Tata Chemicals received a trophy and a certificate in recognition of its exceptional and fair business operations.
The Chief Guest, Aditya Puri, Managing Director, HDFC Bank Ltd, felicitated Tata Chemicals with the 'Uchit Vyavahar Puraskar'.
Expressing his pleasure on the achievement, R Mukundan, Managing Director, Tata Chemicals said, "Tata Chemicals conducts business in a manner which embraces fairness, care and trust as core principles. This philosophy has been of paramount importance as it has helped the company in developing long lasting partnerships with all its' stakeholders. The Uchit Vyavahar Puraskar has only strengthened our resolve to carry out business by upholding the highest standard of corporate governance. We are grateful to Council for Fair Business Practices Awards 2013 for recognizing our efforts in this sphere. "
Tata Chemicals was awarded after rounds of evaluation by a panel of judges.
The panel assessed the performance of the company on several parameters such as supply chain system, environment protection, corporate social responsibility, compliance with laws and adherence to the Code of Conduct of the CFBP.
(Posted on 14-03-2014)