Header Ads

Essay writing --Anil Agarwal Economic times Business Leader of the Year

Anil Agarwal is ET's Business Leader of Year

MUMBAI: This year, the roll of honour stretches quite literally from copper to cheese, from internet access to investment banking. The jury for The Economic Times Awards for Corporate Excellence 2012 met this week in Mumbai to anoint the winners of India's biggest, most-anticipated business awards.
The Business Leader Award for the year 2012 goes to Anil Agarwal, chairman, Vedanta Resources. A true rags-to-riches success story, Agarwal started out as a trader of scrap metals, and today runs a global natural resources conglomerate, which successfully completed a major acquisition - that of Cairn India - during the last year.
The Company of the Year for 2012 goes to HDFC Bank, India's most valuable bank by market capitalization, a milestone that it achieved this year.
Jubilant Foodworks, the jury's choice for the Emerging Company of the Year, has set a scorching benchmark of 50% growth in the quick-service restaurant industry, after one of the most successful IPOs in recent years.
From a long list of innovators in different fields, the jury picked Devi Prasad Shetty, the founder of Narayana Hrudayalaya and its pioneering model of low-cost, high-volume healthcare. Shetty, who plans to add 30,000 beds to his chain of hospitals in India and abroad, has also collaborated with the Karnataka government to design the world's cheapest health insurance scheme, which currently covers over four million people in the state.
The Global Indian of the Year for 2012 is Anshu Jain, the co-CEO of Deutsche Bank. Among the few foreigners who have headed a major European bank, Jain exemplifies what this category of ET Awards is about: to honour an Indian who has excelled against competition in a global environment.
From bringing telephony to the masses in the 1980s to his new challenge of creating a nationwide broadband backbone, Sam Pitroda, who won the Policy Change Agent Award, has worked towards the dream of democratizing information.
This year's Corporate Citizen of the Year Award has a new mandate: to celebrate a large company that has made significant progress on social, environmental and governance challenges. The Aditya Birla Group, the 2012 winner, has pursued sustainable economic independence, put in place a "triple bottomline accountability", represented by economic success, environmental responsibility and social commitment, which it hopes will integrate the interests of all stakeholders into the core DNA of the group.
The final award, Lifetime Achievement, goes to a man who didn't work until the age of 32. Fifty years later, P R S Oberoi, chairman, East India Hotels, is still very much in the driver's seat, fending off takeover threats and leading an expansion plan for the hotel group that he has transformed, taking it so far upscale that it needed a term that was new to the hotel trade to describe it: "super deluxe".
The jury for the ET Awards 2012 was chaired by Deepak Parekh, chairman of HDFC. The other members included K V Kamath, chairman emeritus, ICICI Bank and chairman, Infosys Technologies; Kumar Mangalam Birla, chairman, Aditya Birla Group; A M Naik, chairman & managing director, Larsen & Toubro; Chanda Kochhar, managing director & CEO, ICICI Bank;Kris Gopalakrishnan, executive co-chairman, Infosys; and Cyril Shroff, managing partner, Amarchand & Mangaldas & Suresh A Shroff & Co.


No comments

Powered by Blogger.