Mukesh, Anil Share Award For Entrepreneur Of The Decade

Mumbai, October 18: | Updated: Oct 19 2002, 05:30am hrs
"Pedigree is no longer of any significance in modern India its the performance that is crucial, said Reliance Industries vice-chairman and managing director Anil Ambani, who accepted the Entrepreneur of the Decade Award, conferred upon him and the Reliance Group chairman and managing director Mukesh Ambani, by The Bombay Management Association (BMA).

Mr Anil Ambani added that there was an emergence of a new breed of entrepreneurs.

The award is in recognition of their leadership, entrepreneurial qualities and remarkable contribution to the Indian industry.

The Management Man of the Year award for 2001-02 has been awarded to Tata Consultancy Services chief executive officer S Ramadorai, in recognition of his excellent contribution to the management movement and the software industry. The awards were presented to the winners by the Securities and Exchange Board of India chairman GN Bajpai.

The jury of the awards committee included, Larsen & Toubro Ltd chief executive and managing director AM Naik, Hindustan Lever chairman MS Banga, Aditya Birla Group chairman Kumar Mangalam Birla, TCS chief executive officer S Ramadorai, HDFC Ltd chairman Deepak Parekh, Bank of India Mutual Fund chairman Ram Tarneja, NL Dalmia Institute of Management Studies & Research director PL Arya and Tata TD Waterhouse Securities Ltd executive director Kiran Umrootkar. Mr Anil Ambani accepted the citation on behalf of Mr Mukesh Ambani. In his acceptance speech he shared, some of the mantras that his late father and the founder of the Reliance empire, Dhirubhai Ambani had put into practice. Mr Ramadorai in his acceptance speech emphasised on the need for professionals to constantly upgrade themself as situations are changing rapidly. According to him, for an organisation to last, institutionalising of knowledge is very essential.

Mr Bajpai pointed out at the fact that in todays rapidly changing corporate world, ethics have taken a back seat. He urged upon managers and entrepreneurs to set examples which could be followed. According to him, the wealth of managerial skills should be used for the benefit of the society. He said India has the largest human resource capital and it be channelised towards Indias emergence as an economic superpower. Other awards presented at the ceremony were Best Management Institute of the Year to Narsee Monjee Institute of Management Studies. The award was accepted by Mr HH Mankad from the institute.