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Narayana Murthy receives Lifetime TiE Entrepreneurship Award

21-December-2006
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Narayana Murthy receives Lifetime TiE Entrepreneurship Award

The concluding day of the TiE Entrepreneurial Summit 2006 on Wednesday saw some of the most successful entrepreneurs of India came together on a common platform to share strategies for building a vibrant India. Narayana Murthy, Chairman of the Board of Infosys Technologies was awarded the lifetime TiE Entrepreneurship Award for his contribution to the Indian economy and for his exemplary business acumen.

In the opening session of the day on ‘Building India’, Nandan Nilekani, CEO and MD, Infosys Technologies Ltd, emphasised the need for providing appropriate education facilities to foster economic growth. According to him, infrastructure was the pressing issue that directly affected employee productivity. A serious effort by public-private partnership could solve this issue, he said.

Presenting her views on building India, Naina Lal Kidwai, CEO, HSBC India, and Country Head, HSBC Group Companies in India, said, “In order to cultivate true entrepreneurship, we need to set up educational institutions that will build strong and willful individuals.” She further said that women should be encouraged to participate in entrepreneurial activities.

While giving advice to upcoming entrepreneurs, Murthy said, “We are living at a time where there are limitless opportunities for entrepreneurs. So, entrepreneurs will have to come out with simple powerful ideas that have market potential, put together a good team, embrace good value systems and work hard and smart.”

Apurv Bagri, Chairman, TiE Global said, “With our unrivalled ecosystem we are delighted to be able to highlight India’s success in entrepreneurship in TiE Entrepreneurial Summit 2006. In partnership with leading Indian business powerhouses this three-day event showcased all that TiE has to offer to Indian budding entrepreneurs.”

The TiE Entrepreneurial Summit, organised by The Indus Entrepreneurs (TiE), is a celebration of the spirit of Indian entrepreneurship. The summit this year was attended by 1,300 delegates.

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