Minister of Urban Development Kamal Nath and leading Indian industrialist Anand Mahindra were among a host of business leaders and policy makers from the Asian continent honoured by a business leadership forum for Asia in the UAE.
Business and government leaders, and policy makers from the UAE, Oman, India, Malaysia, Singapore, Thailand and Indonesia attended the Asian Business Leadership Forum Awards, that honoured 17 outstanding achievers in the sectors of industry, infrastructure and energy in Abu Dhabi yesterday.
While Nath was awarded the ABLF Statesman Award, the Chairman and Managing Director of Mahindra Group was honoured with the ABLF Business Courage Award. Among other Indian winners were Mallika Srinivasan, Chairman and CEO of TAFE who was awarded the ABLF Woman of Power Award; the Jaypee Group for the ABLF Business Excellence Award; and Baba Kalyani for the ABLF Lifetime Achievement Award.
"The Gulf, India and South-East Asia are among the fastest growing regions in the world and the contribution of key sectors such as Industry, Infrastructure and Energy must be highlighted. I am honoured to be felicitated in the UAE with the ABLF Statesman Award and I thank the ABLF Grand Jury and Strategic Advisory Panel for this recognition," said Nath through a video message.
Malini N Menon, Founder and Managing Director of Indian Expressions Management Consultancy, the IP owners and creators of the ABLF Awards said: "The Asian Business Leadership Forum Awards were created to showcase the key sectors that drive the global economy – Industry, Infrastructure and Energy. These key business sectors do not have a dedicated award event and it has been our mandate to showcase the high-achieving frontrunners whose success has redefined Asia's business leadership".
Higher prices of foodstuff such as cereals and vegetables continue to put pressure on India's overall inflation rate, the Reserve Bank of India (RBI) said Monday.
Reserve Bank today kept the key interest rates unchanged citing elevated food inflation, rupee depreciation and uncertainty over foreign fund inflows
KTS announced a 10.50 per cent hike in bus fares to mop up an additional Rs 186.72 crore annually.
The rupee on Friday strengthened by 35 paise to 57.63 against the dollar in early trade.
Growth in India is projected to rise to 5.7 percent in the 2013 fiscal year and firm to 6.5 percent and 6.7 percent in FY2014 and FY2015, respectively
Chidambaram announced that the government plans to announce more reforms.
Falling for the third straight month, retail inflation stood at 9.31 per cent in May due to easing of prices of edible oil and protein-based items.