Oscars of India Inc: Economic Times Awards for Corporate Excellence 2018
Many stars under one roof
BCCL
Jaitleyspeak, from prices to policy
Don’t kill growth by squeezing liquidity, he exhorted, setting the stage for what could be an explosive face-off with RBI board.
BCCL
Rafale rapid fire with Madam Sitharaman
She made light of the ongoing legal tangle over Rafale, predicting that opposition charges of wrongdoing are going to fall flat.
BCCL
On the road to future with Gadkari
He cited India's waterway gamechanger to drive home the rapid strides the country is making towards dramatically cheaper transportation.
BCCL
Coal talk with Goyal
He said coal is giving India a sizeable headache, shedding light on an industry swinging between hope and despair.
BCCL
Godrej the icon: A lifetime of achievements
The jury felt the award would be a fitting celebration of the deeds of a man whose journey began with a small entity with a Rs 10-cr turnover, which over time transformed into a Rs 32,000-cr behemoth.
BCCL
The younger Bajaj: Business Leader of the year
While selecting Bajaj as the Business Leader of the Year, the jury pointed out he entered a highrisk business category and fundamentally altered the consumer finance business both through the use of technology and through execution, with even leading banks later replicating his model.
“I am both excited and humbled to be awarded the Business Leader of the Year,” said Bajaj, managing director at Bajaj Finserv.
(In pic: Venkaiah Naidu presenting the Business Leader of the year Award to Shri Sanjiv Bajaj at the ET Awards for Corporate Excellence in Mumbai)
Agencies
The 'clean energy' Entrepreneur of the year
The entrepreneurship and leadership of Sinha, an alumnus of IIT-Delhi, IIM-Calcutta and Columbia University, has helped ReNew Power become India’s No. 1 renewable energy company.
Sinha dedicated the award to his team at ReNew Power.
(In pic: Nitin Gadkari presenting Entrepreneur of the Year Award to Sumant Sinha at the ET Awards for Corporate Excellence in Mumbai)
Agencies
The Global Indian: Shantanu Narayen
He also created a multibillion-dollar business at the company by developing tools for digital marketing, sensing the shifting of advertising from traditional platforms to digital.
Narayen’s career took off with Apple, and he also served as the director for desktop and collaboration products at Silicon Graphics. He cofounded Pictra Inc, which is said to have pioneered digital photo sharing on the Internet.
(In pic: Piyush Goyal presenting Global Indian of the Year Award to Shantanu Narayen at the ET Awards for Corporate Excellence in Mumbai)
Agencies
Appreciating the youngest state
After initiating steps to tackle these issues, KCR attracted global attention by announcing the world’s first automatic industrial approvals policy TS-iPASS.
Under this, approvals are granted within 15 days of application for setting up industries, failing which clearance will be deemed conferred with self-certification from the enterprises.
(In pic: Venkaiah Naidu Presenting the Business Reformer of the year Award of Shri K. Chandrashekar Rao and received by Shri KT Rama Rao at at the ET Awards for Corporate Excellence in Mumbai)
Agencies
HDFC: The beacon of stability
HDFC Bank has grown steadily to become the country’s second-largest private sector bank, after ICICI Bank, based on total income and the largest when it comes to interest earned in a year. It is also the most valued bank with a market capitalisation of Rs 5.5 lakh crore.
Established in 1994, the bank had 4,787 branches and 12,635 automated teller machines (ATMs) across India in March. Besides, it has a presence in most of India’s villages through the business correspondent network. It has close to 90,000 employees catering to a customer base of 45 million.
(In pic: Vice President of India Venkaiah Naidu present company of the year award to HDFC Chairman Aditya Puri, Union Finance Minister Arun Jaitley looks on during the ET awards function in Mumbai)
Agencies
The agent of change: NPCI
Until then, the not-for-profit organisation owned by banks was known only for the RuPay cards it issued to Jan Dhan account holders. The distant competitor to Visa and Mastercard has since emerged the driving force of the country’s digital payments agenda.
From Bharat Interface for Money or BHIM to Aadhaar Enabled Payments, Aadhaar Pay and FASTags, NPCI developed instruments that allowed the government to push digital transaction. Today, it is the umbrella organisation for operating retail payments and settlement systems in India.
(In pic: Vice President presenting the Policy Change Agent of the year Award to National Payments Corporation of India at the ET Awards for Corporate
Excellence in Mumbai)
Agencies
The emerging Jockey
The Bengaluru-based company is named after the first two letters of the name and surname, Parpati Genomal, the founder’s mother. The company, which hit the primary market in 2007 with the IPO price of Rs 360, made a recent new high of Rs 36,370, more than 100x the IPO price.
(In pic: Venkaiah Naidu presenting the Emerging Company of the year Award to Page Industries at the ET Awards for Corporate Excellence in Mumbai)
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The Star-studded night
The journey to success for this year’s winners was marked by perseverance, limitless patience and strategic thinking combined with spotless execution. Traditionally, ET Award winners are not just those who have done well in one year but those who have been at it for a long time and have got the recognition they deserve.
(The front row at the ET Awards: JSW Group MD Sajjan Jindal, Godrej Group Chairman Adi Godrej, RIL Chairman Mukesh Ambani, Aditya Birla Group Chairman Kumar Mangalam Birla, Kotak Mahindra Bank MD Uday Kotak and Telangana IT Minister KT Rama Rao)
Agencies
