Which Indian company was recognised as one of the “World’s Most Ethical Companies” in the 2019 list that honours firms for their ethical business practices and corporate integrity?

Introduction / Context:
Global rankings that honour ethical business conduct, transparency, and corporate governance have become increasingly important in the modern business world. The “World’s Most Ethical Companies” list highlights organisations that demonstrate strong ethical leadership and responsible practices. This question asks which Indian company featured in the 2019 list as one of the world’s most ethical companies, making it a notable example of corporate integrity from India.

Given Data / Assumptions:

• The list in question is the 2019 edition of the “World’s Most Ethical Companies.”
• The options include Tata Steel, Reliance Industries, ITC Limited, and Infosys.
• We assume the recognition is based on criteria such as ethics, compliance, governance, and social responsibility.
• The task is to identify which of these Indian companies is especially known for longstanding ethical practices and was honoured in that year’s list.

Concept / Approach:
Tata Steel, part of the Tata Group, has a long-standing reputation for ethical business practices and community oriented policies. It has been repeatedly recognised by global bodies for its commitment to integrity and corporate citizenship. In 2019, Tata Steel was named among the World’s Most Ethical Companies. The approach is to connect this reputation and international recognition with the specific list mentioned in the question, and to distinguish Tata Steel from other large Indian corporations that may not have received this particular honour in that year.

Step-by-Step Solution:
Step 1: Focus on the phrase “World’s Most Ethical Companies,” which signifies an award specifically about ethics, not just size or profitability.Step 2: Recall which Indian company is frequently highlighted in business ethics case studies and global rankings for responsible business.Step 3: Remember that Tata Steel has been recognised multiple times as one of the world’s most ethical companies.Step 4: Compare this memory with the options, noting that while Reliance, ITC, and Infosys are major corporations, Tata Steel is most strongly associated with this particular recognition in 2019.Step 5: Select Tata Steel as the correct answer.

Verification / Alternative check:
Verification can be done by recalling business news articles and CSR reports that mention Tata Steel’s inclusion in the list of World’s Most Ethical Companies for 2019. The recognition typically comes from independent organisations that evaluate corporate ethics and governance. Reliance Industries, ITC Limited, and Infosys may have their own strengths, but Tata Steel is the name that recurs in discussions specifically about this ethical companies list, confirming it as the right choice.

Why Other Options Are Wrong:
Option B (Reliance Industries) is a large and influential conglomerate but was not widely noted as being on the 2019 “World’s Most Ethical Companies” list. Option C (ITC Limited) and option D (Infosys) are respected corporations with their own CSR initiatives, but they were not the ones specifically highlighted in that year’s ethical companies ranking as per commonly cited general knowledge references.

Common Pitfalls:
Some candidates might be tempted to choose Reliance Industries or Infosys purely because of their brand recognition and size in the Indian corporate landscape. Another pitfall is confusing different types of awards, such as “most valuable brand” or “largest company,” with awards for ethical conduct. To avoid these errors, it is important to link ethics specific accolades like the “World’s Most Ethical Companies” list with Tata Steel, which has a strong reputation in this area.

Final Answer:
The correct answer is Tata Steel, which was recognised as one of the World’s Most Ethical Companies in 2019.