Tag: Nandan Nilekani

  • Uday Shankar among 17 finalists for EY Entrepreneur of the Year Award

    By A Correspondent

     

    EY, the global professional services organisation, announced the selection of 17 of the country’s most exceptional entrepreneurs as finalists for the 18th Entrepreneur of the Yearâ„¢ – India 2016. The finalists have been selected from among 250 outstanding nominations and will be felicitated at a grand celebratory Awards Banquet to be held on 24 February in New Delhi.

     

    Together, these 17 finalists have combined revenues of over INR 154,335 crore (USD 23.38 billion) and are providing employment to over 5.2 lakh people in India and globally.

     

    A distinguished nine-member independent Jury led by Dilip Shanghvi, Managing Director, Sun Pharmaceuticals Industries selected the finalists. Other Jury members include Subodh Bhargava, Chairman, Tata Communications; Sanjeev Bikhchandani, Executive Vice-Chairman, Info Edge (India) Limited; Naina Lal Kidwai, Chairman, Max Financial Services; Uday Kotak, Managing Director, Kotak Mahindra Bank; Kalpana Morparia, Chief Executive Officer, JP Morgan Chase South Asia and India; Rishad Premji, Chief Strategy Officer, Wipro; Renuka Ramnath, Managing Director and Chief Executive Officer, Multiples Alternate Asset Management and A Vellayan, Executive Chairman, Murugappa Group.

     

    Dilip Shanghvi, Jury Chairman and Managing Director, Sun Pharmaceuticals says, “Like previous years, this year’s finalists too represent extremely successful companies that have not only disrupted the industry with a new business model but have disrupted themselves to chart a new growth path. We need more entrepreneurs to propel our country’s growth and it is important to recognize such innovative entrepreneurs.”

     

    The finalists for the EY Entrepreneur Of The Yearâ„¢ 2016 India Awards are:

    – Ram Gopal Agarwal, Chairman, Dhanuka Agritech

    – Vishwavir Ahuja, Managing Director and Chief Executive Officer, RBL Bank

    – Hari Mohan Bangur, Managing Director, Shree Cement

    – R Dinesh, Managing Director, TVS Logistics Services

    – Dr Abhay Firodia, Chairman, Force Motors

    – Ajit Isaac, Chairman and Managing Director, Quess Corp

    – Girish Mathrubootham, Founder and Chief Executive Officer, Freshdesk

    – Ravi Modi, Chairman and Managing Director, Vedant Fashions (Manyavar)

    – Vikas Oberoi, Chairman and Managing Director, Oberoi Realty

    – Darshan Patel, Chairman and Managing Director, Vini Cosmetics

    – M. P. Ramachandran, Chairman and Managing Director, Jyothy Laboratories

    – Vivek Chaand Sehgal, Chairman, Motherson Sumi Systems

    – Rashesh Shah, Chairman and Chief Executive Officer, Edelweiss Group

    – Uday Shankar, Chairman and Chief Executive Officer, Star India

    – Samprada Singh, Chairman Emeritus and Basudeo Narain Singh, Executive Chairman, Alkem Laboratories

    – Chandubhai Virani, Whole time Director, Balaji Wafers

     

    Nandan Nilekani will be honored with the Lifetime Achievement Award for his invaluable contribution to the Unique Identification Authority of India (UIDAI), which is a pioneering citizen identification program, unparalleled in scope and scale worldwide. As the Honorary Advisor to the National Payments Corporation of India (NPCI), he has also helped create the ecosystem for digital financial services in India. He has also played a major role in the growth of the Indian Information Technology industry and is a recipient of the Padma Bhushan, India’s third highest civilian honor, in 2009.

     

    Uday Kotak, Managing Director, Kotak Mahindra Bank and winner of the World Entrepreneur Of The Year Award 2014 says, “I was delighted to be part of this Jury and impressed with the robustness of the process. This year’s Finalists truly define the India of today and tomorrow. What is really interesting is that we are seeing real-world businesses adopting digital and transforming themselves. My message to every entrepreneur in India is, “Go out there, build your dream and more importantly, build a business model that is sustainable over time.”

     

    Says Kalpana Morparia, CEO, JP Morgan Chase, South Asia and India, “What made the Jury process truly outstanding is the richness of the candidates. This year’s theme for the Awards – ‘Ideas, Innovation and Inspiration’, are the three ‘I’s that are driving India’s economy and many of the 2016 finalists embody this theme.  Looking beyond the digital services companies, what is phenomenal is that existing established businesses are disrupting their own models to keep pace with the digital economy.”

     

    The selection criterion included the nominee’s entrepreneurial spirit, recent financial performance, strategic direction and global impact, product or service innovation, company leadership including personal integrity and risk-taking, values and key employee initiatives, and involvement with the community.

     

    The winners will be announced across several categories, while the national winner will represent India at the EY World Entrepreneur of the Year (WEOY) awards in Monte Carlo from 8-11 June 2017.

     

    Rajiv Memani, Chairman, EY India, says, “What strikes me about our 2016 Finalists is how they have acquired tremendous scale and size from what were clearly modest beginnings. A strong focus on the customer and a business model based on innovative products and services for niche markets have enabled them to create a lasting impact. Also, reliance on technology and a bold vision for the future has helped them scale up rapidly.”

     

    Says Farokh Balsara, Partner and EOY India Program Leader, “Entrepreneurs have the power to impact our lives. Their unyielding drive to seize the power of transformative ideas creates jobs, energizes markets, builds wealth and spurs economic growth around the world. We salute their passion and insight that make them different and exceptional. Our EOY 2016 India finalists are a rare group of individuals who with their disruptive ideas and incredible innovation are inspiring a whole new generation of entrepreneurs.”

     

    Zarin Daruwala, Chief Executive Officer of Standard Chartered and sponsor of the EOY 2016 India Awards says, “We are delighted to sponsor The EY awards, which captures and celebrates the spirit behind India’s economic resurgence – the Indian entrepreneur.  Never before in our history have we seen ideas and innovation spur on with such zeal, whether it is in the exciting world of start-ups with technology as the centrepiece of business ideas, or conventional business which are reshaping themselves by using technology to unleash the full potential of their products and services.  India, today, has the third highest number of Unicorns globally, with two of them in the top 20, and the IITs rank fourth across all institutes in producing billion dollar start-up entrepreneurs. The lasting impact is in the manifold ways entrepreneurship touches and changes lives: creating employment, raising health and education standards, and ushering in a stable and progressive society.  With the government encouraging new entrepreneurship through ‘StartupIndia’ and the success stories already scripted, India is becoming the crucible of ideas, ambition and entrepreneurial spirit.”

     

    The past winners of the EY Entrepreneur Of The Year India Awards  include Vinita and Nilesh Gupta (Lupin Limited), Dr. Cyrus S. Poonawalla (Serum Institute of India), Uday Kotak (Kotak Mahindra Bank), Adi Godrej (Godrej Group), Rahul Bhatia (Interglobe Enterprises), Dilip Shanghvi (Sun Pharmaceuticals),  Anand G Mahindra (Mahindra Group), Anil Agarwal (Vedanta Resources), Tulsi Tanti (Suzlon Energy), Kumar Mangalam Birla (Aditya Birla Group), Sunil Bharti Mittal (Bharti Group), Ratan Tata (Tata Group), N.R Narayana Murthy (Infosys), Brijmohan Lall Munjal (Hero Group), (Mukesh  Ambani (Reliance Industries), and Subhash Chandra (Zee Telefilms).

     

  • Express group to hold inaugural Express IT Awards on Nov 30

    By A  Correspondennt

     

    The much awaited Express IT Awards is scheduled to happen tomorrow, November 30, in Bengaluru. An initiative of The Financial Express, the Express IT Awards will celebrate the best innovations in IT across various industry segments. According to a communiqué, it will recognize not only the innovator, but also the implementer and their roles, in successfully bringing a path-breaking idea to fruition.

     

    The jury comprises stalwarts like Nandan Nilekani, Chairman, Unique Identification Authority of India; Rajan Anandan, VP and MD, Google India, T V Mohandas Pai, Chairman of Manipal Global Education, Professor S Sadagopan, Director, IIIT, Bangalore and Kiran Mazumdar Shaw, CMD of Biocon.

     

    Karnataka Chief Minister Siddaramaiah will be Chief Guest and the awards ceremony is expected to see CEOs, CSO, CIOs, technology heads, innovators and policy makers amongst others in attendance.

     

  • I Venkat on 10 things to look forward to at the INMA conference

    By I Venkat

     

    1. The entire conference is built around the theme- current complexity and advantages. The treatment of this subject is the first for INMA hence makes it worth attending.

     

    2. Keynote address by Nandan Nilekani where he will talk about sustaining in the volatile market.

     

    3. Earl Wilkinson of INMA will focus on the key subject of new growth plan and how to get there.

     

    4. Discussion on the future of news

     

    5. Youngsters will be involved who will make a case for how they want their newspapers to be

     

    6. The concern area of ad-growth challenge will be another discussion that is worth attending

     

    7. Battle of the bulge will discuss the issue of cost depreciation and utopian expectation. The point being can you really reduce the cost?

     

    8. The burning issue of increase in circulation but decline is readership will also be discussed at length

     

    9. The ever-pressing matter of talent shortage and what one should do about it is another topic that will be brought to the fore.

     

    10. All the topics this year are very provocative that will encourage debate and discussion.

     

    I Venkat is the Director at Eenadu and Chairman of ASCI. He is also on the Board of INMA South Asia

     

  • 6 Days to Go-Goafest: I would like to see less of scam, says Subhash Kamath

    By Subhash Kamath

     

    There is the advertising awards night and then there is Goafest, difference being that the latter is a three-day affair and is a festival of advertising. The Festival sees more than two thousand people from the fraternity congregate at one place to celebrate Indian Advertising. Its three day outing of learning, networking, meeting, fun and party.

     

    What I would like to see at Goafest? Well, less of scam for sure. Over the years, I have become disillusioned with the amount of scam one sees at awards and this is the case not just peculiar to Indian advertising but across the globe. What used to be an exception has become a rule now. It is like creating a parallel culture comprising real work v/s work created just for awards.

     

    I don’t really know what the solution is for this but the number of scams surely brings down the credibility of any awards.

     

    Another thing that I would like to at the Goafest would be speakers from outside our industry. I know that the biggest challenge at the Fest is to get an impressive line of speakers. If you get a big name, then it ensures a full house but lesser known speakers warrant an empty hall. I say, why not get Nandan Nilekani who is a great speaker and people would love listening to him, MS Dhoni could talk on how to motivate a team or Aamir Khan on creating different identity. They would surely be worth listening to. The whole idea should be to make Goafest bigger, popular and global.

     

    Goafest is a good break from day to day drudgery. I would like to see cultural activities go hand in hand with the learning. It would be great if one sees parallel activities like a music fest, or a stage for impromptu standup comedy or street theater. At ASCI, I had initiated to engage people in installation art or mobile film making, like these there are several creative options one could explore. There is a lot of talent in our industry and giving a platform to showcase these at Goafest would add a new element to Goafest.

     

    There should be an amalgamation of learning, fun and work shop at the Fest and let people choose what they would like to go for.

     

    Bottom line being that lets take Goafest beyond the place to network, meet people, listen to speakers and just enjoy being there. Let’s do all the things mentioned above but let’s also strive to add more to the Fest and truly strive to make it a Festival that’s helps in bringing the passion back to advertising.

     

    Subhash Kamath is the Managing Partner at BBH India

     

    Photograph: LinkedIn profile

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