ONGC has been adjudged the winner in the ‘Oil and Gas Exploration’ category the Dun & Bradstreet Corporate Awards 2018. The award was received on May 25, 2018 at Mumbai by Director (Finance), Subhash Kumar on behalf of the organization from Honorable Minister of State for Finance, Government of India, Shri Shiv Pratap Shukla.
The event was attended by some of the most recognizable names and faces in the Corporate Sector space. The awards were given in four segments, Manufacturing, Service, Agriculture and New Age.
Over the past decade, Dun & Bradstreet India has endeavored to provide top Indian companies a global platform through its initiative Dun & Bradstreet Corporate Awards. The award recognizes the exemplary performance in the corporate world and felicitates the top companies across various sectors.
There were stringent yardsticks and tough competition in all the sectors as the awards were decided by eminent jurists on various parameters of performance and best–practices across the industry. The parameters considered for the awardees were total income, net profit, net worth, net profit margins, growth in total income, growth in net profit, return on net worth and return on assets, among others. Front-runners in various categories were chosen on the basis of a composite score of the weighted parameters.