openPR Logo
Press release

Ernst & Young announces 19 Finalists for the Tenth Entrepreneur of the Year Award 2008

11-10-2008 07:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Ernst & Young India

New Delhi, November 10, 2008: Nineteen of India’s successful entrepreneurs, who have displayed an inspiring vision, unabated zeal and passion to make a difference, have been selected as ‘Finalists’ for the coveted Ernst & Young Entrepreneur of the Year Awards. This year, the awards will be announced on November 26th in Mumbai in the presence of leading global and business personalities, including Mr. Somnath Chatterjee, Hon’ble speaker of Lok Sabha, as the Chief Guest.

A six-member jury comprising eminent personalities, chaired by Mr. KV Kamath, Managing Director & CEO, ICICI Bank, selected the finalists from over 291 nominations received this year, the highest since the Awards were launched in 1999, which further proves that with each passing year the award continues to scale new heights.

The finalists for 2008 are listed below (alphabetically):
Anil Agarwal, Vedanta Resources Plc, A.M. Naik, Larsen & Toubro, Arvind Rao, Onmobile Global, Gautam Thapar, Avantha Group, G. Bala Reddy, ICSA India, I. Syam Prasad Reddy, Indu Projects, Jaiprakash Gaur, Jaypee Group, Mavila Vishwanathan Nair, Union Bank Of India, Mehul Choksi, Gitanjali Gems, M. M. Murugappan, Carborundum Universal, P. Namperumalsamy, Aravind Eye Care System, P R S Oberoi, EIH, Ram Chandra Agarwal, Vishal Retail, Rohinton Screwvala, UTV Software Communications, R. S Butola, ONGC Videsh, Sanjay Nayak, Tejas Networks, Sanjeev Bikhchandani, Hitesh Oberoi, Info Edge (India), Shantanu Prakash, Educomp Solutions, Venugopal Nandlal Dhoot, Videocon Industries

“I am extremely proud to be associated with Ernst & Young’s initiative to honour entrepreneurial excellence in India. There were several outstanding nominations this year and the finalists were selected looking at various parameters such as combining ambition with pragmatism and goal orientation with adaptability. While the finalists come from diverse sectors, they were united in their desire to achieve beyond the ordinary. Each one of them has made discernable contributions to the economy by creating value and opportunity at large.” says Mr. KV Kamath, Managing Director & CEO, ICICI Bank, who chaired the jury for the awards.

Other jury members include Mr. Ravi Venkatesan, Chairman, Microsoft India, Ms. Shobhana Bhartia, Vice Chairperson & Editorial Director, HT Media, Mr. Manish Kejriwal Senior Managing Director Investment - India & Russia, Temasek Holdings Advisors India, Mr. R Seshasayee, Managing Director, Ashok Leyland and Tarun Das, Chief Mentor, CII.

Says Mr. Rajiv Memani, Country Managing Partner, Ernst & Young, “The Entrepreneur Of The Year Program has provided us an opportunity to get a very close view as also learn from the entrepreneurial journeys of some of India’s finest business leaders. The distinctive feature of Indian entrepreneurs today is the confidence and speed with which they are moving ahead in the local and international markets. Notably, for many of them, their achievements go beyond running a profitable business to also impacting the society at large and thereby creating more inclusive growth for India.”

The winner of the Entrepreneur Of The Year Award will represent India at the Ernst & Young World Entrepreneur Of The Year Awards (WEOY) in Monte Carlo, Monaco in May, 2009. Recipients of the Entrepreneur Of The Year award become lifetime members of the World Entrepreneur Of The Year Hall of Fame.

About the Entrepreneur Of The Year Award
Ernst & Young first designed and produced the Entrepreneur Of The Year Award in the United States in 1986, to honour the perseverance and ingenuity of those brilliant entrepreneurs, who have created and sustained successful business ventures. Ernst & Young India launched the Programme in 1999, making it the first country in the firm’s Asia-Pacific region to introduce this initiative.

Past recipients of the EOY awards include B Ramalinga Raju (Satyam), Tulsi Tanti (Suzlon), Kumar Mangalam Birla (Aditya Birla Group), Sunil Bharti Mittal (Bharti Enterprises), Ratan Naval Tata (Tata Group), N R Narayana Murthy (Infosys), Brijmohan Lall Munjal (Hero Group), Mukesh D Ambani (Reliance), Tulsi Tanti (Suzlon Energy Ltd.), Wayne Huizenga, (Huizenga Holdings), Jeff Bezos (, Michael Dell (Dell Computers), Howard Schultz (Starbucks Coffee), Jerry Yang (Yahoo), Scot Kriens (Juniper Networks) and Tony Tan Caktiong (Jollibee Foods)

About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 135,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
For more information, please visit

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

This news release has been issued by Ernst & Young Private Limited which is one of the Indian client serving member firms of Ernst & Young Global Limited.

Ernst & Young Pvt. Ltd. is a company registered under the Companies Act, 1956 having its registered office at Block C, 3rd Floor, 22 Camac Street, Kolkata - 700016

The year 2008 marks the 10th year of this very unique program in India, which has celebrated the emergence of many leading entrepreneurs over the last decade.

Atipriya Sarawat
Ernst & Young India Pvt. Ltd.
+91-124-4644254, 09871066772

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ernst & Young announces 19 Finalists for the Tenth Entrepreneur of the Year Award 2008 here

News-ID: 59117 • Views:

More Releases from Ernst & Young India

Small towns lead the league for marketers
Mumbai, 11 May, 2010: Ernst and Young today released the report, "The New Market Shehers: Tapping Potential Beyond the Metros" identifying the trends in consumption patterns and marketing spends in small town India. The report provides an insight on how non-metro urban markets are becoming more relevant in India's consumption story and how marketers are restructuring their budgets to take advantage of the new urban consumer. The New Market Shehers:
Indian passenger vehicle market expected to be 3.75 million by 2014, Ernst & You …
NEW DELHI, 29 June: The Indian passenger vehicle market is expected to grow at a compounded annual growth rate of 12% over the next five years, reaching 3.75 million units in 2014 from current sales of 1.89 million units in FY09, reveals a latest analysis by professional services firm Ernst & Young. While exports are expected to contribute with volumes of 1 million units, the balance of 2.75 million
India Inc optimistic about growth; Ernst & Young Survey
• At least 10% growth in businesses expected for FY10 by 46% respondents • Three-fourth respondents report only a low to medium impact of downturn • Cost reduction, hiring freeze, commodity and forex risk management dominate corporate agendas • Term loans from banks, debt/equity from group companies emerge as preferred means of raising capital • Majority expect consolidation, 47% believe assets are undervalued Mumbai/ New Delhi, 5 May, 2009 : – As the recent fourth quarter
Indian wellness services market to grow at 30-35% CAGR, says FICCI-Ernst & Young …
Mumbai, April 15, 2009- Notwithstanding the current economic slowdown which has impacted several sectors, the Indian wellness services market is expected to remain buoyant and has the potential to sustain a compounded annual growth rate (CAGR) of approximately 30-35% for the next five years, says a latest study by FICCI and professional services firm, Ernst & Young. The wellness services market is currently estimated at Rs 11,000 crore. The FICCI-EY

All 4 Releases

More Releases for Entrepreneur

Entrepreneur with a Purpose
When business magnate Ajay Harinath Singh, The Prince of Sultanpur, founded the Darwin Platform Group of Companies (DPGC), he knew that with his dynamic vision, he would be able to develop it into a conglomerate which dealt with banking, realty, hospitality, mining, pharmaceuticals and more. Striving for more, Singh also believes as much in giving back to society. Winning accolades No wonder then that he was felicitated with the Mid-day Iconic Showbiz
Indian-Australian Entrepreneur wins Young Entrepreneur of the Year Award
Indian-Australian Entrepreneur Aamir Qutub has won the Young Entrepreneur of the Year award category in the Business Excellence Awards (GBEA) in Australia. Established in 1986, and managed by the Geelong Chamber of Commerce, The Business Excellence Awards are the oldest continuously running business awards in Australia. Justin Giddings – CEO of Avalon Airport won the Business Leader of the Year and Aamir Qutub (CEO, Enterprise Monkey) won the Young Entrepreneur of
Woman Entrepreneur Gets Kids Moving
COLD SPRING, NY -- A recent study from Oregon State University (OSU) showed that playground safety, access to play equipment, peer conflict resolution and quality adult-child engagement all contribute to a quality recess experience for elementary school children. Fit and Fun Playscapes, a local business specializing in custom playground stencils, has long advocated for quality, daily recess and the importance of play in a child’s cognitive, physical and social-emotional development.
Winning UK Developer & Digital Entrepreneur
Spirit" is just what designers require in order to become entrepreneurs state Steven Heller and also Lita Talarico in this makeover at designers that create products. She/he needs to utilize this to log on to the application system rather of an e-mail address if the applicant currently has a Danish CPR number. Today, Mr. Angara runs his own effective branding and graphic layout business, Barkada Creative, and his household could
Kickstarter News: Architect to Watch Entrepreneur
David Tomic, a Perth university architecture graduate decided not to follow the yellow brick road. Instead launching a collection of architecturally designed timepieces. The latest collection just launched on Kickstarter! It has been informed by architectural principals and the feedback from a years’ worth of customers. Check out the campaign, back the project and join him on this incredible journey! Link: WHY Watches are designed with a purposeful reason behind every decision,
Popular Web Business Purchased By Entrepreneur
VANCOUVER, BC -- DATE – Small Business Branding, a site aimed at those interested in marketing and building small business, announced it’s under new ownership. Vera Raposo, long time brick and mortar business owner turned internet entrpreneur purchased the popular site from Yaro Starak for an undisclosed amount. “I’m thrilled to be a part of the Small Business Branding website community. We are poised to be the central resource for