In a scathing report, global anti-corruption watchdog Transparency International has slammed multi-national companies in emerging markets. The organisation has said that companies in emerging markets have "pathetic levels of transparency", but Indian companies are better of the lot.
Bharti Airtel has emerged as the most transparent emerging market company followed by Tata Communications and Mahindra and Mahindra, according to the report. Infact, it was all Indian companies in the top 10 — Tata Group companies along with Wipro make up for the other nine companies in the top 10.
Chinese companies are the most opaque with only one company making it to the Top 25, the report stated.
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