Planman Consulting’s People’s Award for Excellence in Business and Economy were conferred on Friday. Awards were given away in 12 categories and the awardees were selected through a nationwide nomination process, resulting in a democratically organised voting system.
The Most Promising Young Political Leader Award went to Rahul Gandhi, while Malvinder Singh got the Most Promising Young Corporate Leader Award. Nainalal Kidwai was adjudged the Best Woman Corporate Leader, while the Best Corporate Leader Award was conferred on Anand Mahindra.
The award for Best Corporate Conscience was won jointly by Infosys and Tata Group, while the Best Entrepreneur Award went to ITC’s Y C Deveshwar. Interestingly, Lalu Prasad Yadav won the Best Policy Maker Award, beating the likes of Finance Minister P Chidambaram, Kamal Nath, Praful Patel.
The Best PSU Award went to ONGC, while Bharti Airtel Ltd won the award for Best Company in the Private Sector. Nokia won the Best MNC in India Award beating HLL and McDonald’s.
The award for Most Global Indian Company went to Infosys. Hero Honda’s Brij Mohan Lal Munjal was adjudged the Most Iconic CEO. The contenders for this Award included Narayana Murthy, Ratan Tata, and Rahul Bajaj.
Speaking on the occasion, Arindam Chaudhuri, Chairman, Planman Group, and Editor-in-Chief of ‘Business & Economy’, said, “The People’s Award for Excellence in Business & Economy 2006 has been constituted on the occasion of the magazine’s first anniversary. The award aspires to be India’s most and probably the only democratic corporate awards in a bid to celebrate and honour entrepreneurs, managers, policy makers and companies that have set new benchmarks in corporate excellence.”
The group had undertaken a mass media campaign for the Awards, where all Indians were encouraged to vote for their first choice from among the nominees in each category. Voters could send their choices through SMS, e-mails and even snail mail. The nominees in each category were shortlisted on objective criteria like profits, shareholders wealth maximisation, revenue generated, employment generation, etc.
Former Chief Election Commissioner, T N Seshan, was entrusted the responsibility of overseeing the entire process in order to maintain transparency. The Awards ceremony was also telecast live on the Zee Network.