September 11, 2006 | The Times of India

TCS named company of the year

The coveted annual Economic Time Awards for corporate excellence have been announced. TCS, Asia's largest software services firm, was awarded Company of the Year for its sterling accomplishments in boosting shareholder value and taking India's software story to the rest of the world. Mallika Srinivasan, director of Tractors and Farm Equipment (TAFE) will receive the Businesswoman of the Year Award for transforming a traditional business enterprise in her own quiet way into a successful enterprise.

Amtek Auto is the Emerging Company of the Year for successfully spotting opportunities in the auto component industry and becoming a serious global contender in a short span of time. H K Mittal of Mercator Lines is Entrepreneur of the Year for the commendable work in turning his shipping company into a successful challenger to the established shipping giants.

N Vaghul, chairman of ICICI Bank, gets Lifetime Achievement Award for his exceptional service to the banking industry and his vision and foresight that enabled the transformation of a stodgy bank into one of the country's most successful enterprises. Indra Nooyi, chief executive designate of PepsiCo, is Global Indian of the Year for her enormous achievement in securing the top spot at one of America's most iconic companies. The Azim Premji Foundation was selected for Corporate Citizen of the Year Award for its tremendous work in educating primary school children.

Montek Singh Ahluwalia, deputy chairman, Planning Commission, earned the jury's vote as the Policy Change Agent of the Year Award, in the first year of its institution, while finance minister P Chidambaram wins the Business Reformer of the Year Award. These two awards were instituted for the first time and generated a lot of excitement among jury members. The jury came to its decision after more than two-and-a-half hours of intense deliberations.

Helping L N Mittal in this effort were Naveen Patnaik, chief minister of Orissa; Kumar Mangalam Birla, chairman of the A V Birla group; Sunil Mittal, chairman of Bharti Airtel; Harish Manwani, president, Asia-Africa, Unilever; Deepak Parekh, chairman of HDFC; K V Kamath, CEO and MD of ICICI Bank; and Adil Zainulbhai, MD, McKinsey & Co, India. The awards will be presented at a power-packed ceremony on October 6. Raymond is the presenting sponsor of the Economic Times Award for Corporate Excellence in association with the Oberoi Hotels and Resorts. TIMES NOW is the television partner.