PSU Awards 2013 honors the best PSUs for their contribution to the Indian economy
April 3 2014, New Delhi: Dalal Street Investment Journal (DSIJ), India’s No.1 investment magazine, yesterday evening organized the PSU Awards 2013, to honor the Public Sector Undertakings (PSU) for their commendable performance. DSIJ has always had great regard for Indian PSUs and recognized their contribution to the Indian economy.
The DSIJ Group conferred 18 awards in various categories. Shri T K A Nair, Adviser to Prime Minister, India, was the Chief Guest and Guest of Honors was Dr. Pritam Singh, Director General International Management Institute, New Delhi. The event was streamed live at http://www.dsij.in/psu/awards.aspx .
The 5th. DSIJ PSU AWARDS 2013 demonstrates the continuing faith of the Dalal Street Investment Journal in the Indian PSUs. This year witnessed some of the biggest names in the PSU sector attending the event –
- Mr. CS VERMA, CMD, SAIL
- Mr. B P RAO, CMD, BHEL
- Mr. M K GOEL, CMD, PFC
- Mr. RAJEEV SHARMA, CMD, REC
- Mr. R K TYAGI, CMD, HAL
- Mr.A K GUPTA, CMD, CONCOR
- Mr. G SHRINIVASAN, CMD, NEW INDIA ASSURANCE
- Mr. MILIND A KHARAT, CMD, United India Insurance
- Mr. D K GARG, GM North, Bank of Baroda
- Dr. ASHWINI KUMAR SHARMA, Chief Executive Officer and Managing Director, The National Institute of Electronics and Information Technology
Reflecting on the occasion, Shri TKA Nair, Adviser to the Prime Minister, said, “The contribution of PSU’s in the development of the country and economy has been commendable, particularly in the light of a tough economic environment, red tape and stiff competition. I do not subscribe to the view that Indian PSU’s are at an advantage because of favorable govt. policies. Infact, as per a global study, Indian CEO’s spend the most time in ‘managing the environment’, and more so the CEO’s of PSU’s. Despite these challenges, what I want to highlight is, more than the physical resources, it is the quality of leadership at these public undertakings that has made all the difference. Therefore the single biggest goal before us, is to manage the human resources, nurture and motivate them. A good team is the single biggest criteria to evaluate the prospects of an enterprise. Therefore a robust HR framework that identifies retains and rewards such talent needs to be devised, if we were to maintain our competitive edge in the future. I would also like to see a higher representation of women in PSU’s across roles.
Mr. Sanjay Padode, Managing Director of DSIJ Pvt. Ltd. said, ‘Dalal Street Investment Journal, which has democratized wealth creation for more than 27 years has always recognized the contribution of Indian Public Sector Undertakings (PSUs) in building a robust society and economy for our nation. This recognition has manifested itself in the form of the most coveted “DSIJ PSU AWARDS” since 2009. These companies have been the pillars of the economy providing business opportunities for establishing the Indian Private sector whilst delivering on their social objectives of seeding development and prosperity in the country.
* Winners of the 5th DSIJ PSU Awards 2013 are:
| Best Value Creating Maharatnas | Oil & Natural Gas Corporation Limited | D K Sarraf | CMD |
| NTPC Limited | Manash Sarkar | ED CC&CA and ED To CMD | |
| Most Efficient Maharatna | Bharat Heavy Electricals Limited | B P Rao | CMD |
| Highest Asset Creating Maharatna | SAIL | CS Verma | Chairman |
| CAG Pick of the Year | OIL India | S Rath | Director Operations |
| Best Value Creating Navratnas | Power Finance Corporation Limited | M K Goyal | CMD |
| REC | Rajeev Sharma | CMD | |
| Most Efficient Navaratna | Hindusthan Aeronautics limited | R K Tyagi | CMD |
| NMDC Limited | C S Verma | CMD | |
| Fastest Growing Navratna | Power Grid Corporation of India Limited | – | – |
| Best Value Creating Miniratnas | NHPC Limited | A B L Shrivastava | Director Finance |
| ONGC Videsh Limited | D K Sarraf | Chairman | |
| Most Efficient Miniratna | Container Corporation of India Limited | A K Gupta | CMD |
| Fastest Growing Miniratna | Ennore Port Ltd | M A Bhaskarachar | CMD |
| Best PSU Bank | Bank of Baroda | D K Garg | GM North Zone |
| Highest 3N General Insurance Company | New India Assurance | G Shrinivasan | CMD |
| Consistent All Round Performer | United India Insurance | M A Kharat | CMD |
| Most Efficient Growth Enabler Award | NIELIT | Dr Ashwini Kumar | CEO & MD |
Regards,
Kheman Kumar
Advent Public Relations
N-17,LGF, Pal Building
Green Park Extn.
New Delhi -110016
Fixed Line No – 011- 41098739
Hand Phone No – 9871829296
E-mail Id :kheman@adventpr.com
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