The time to recognize the scriptwriters of the India story was perfect. On a day the Sensex rallied past the 18,000 mark, a power-packed jury comprising six of India Inc’s leading decision-makers selected the winners of Business Standard’s annual corporate awards for excellence.
The jury made the selection process look easy and took just over an hour to arrive at decisions based on a shortlist prepared by the Business Standard Research Bureau. That was remarkable, considering they had to pore over reams of data and select not only the CEO of the Year, but also achievers in other categories: public sector undertakings, multinational companies and small and medium enterprises. The pleasant surprises thrown up by the data and their discussions prompted the jury to opt for a Company of the Year category for the third year in a row.
The consensus was it was a consumer story all the way — over 90 per cent of companies that made it to the initial shortlist were in consumer-facing businesses. “The data proved once again that India’s consumer story is intact,” said ICICI Bank and Infosys Chairman K V Kamath, head of the jury.
The corporate awards will be given away in Mumbai next month.
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