Veterans like S Ramadorai of Tata Consultancy Services (TCS) and Karsanbhai Ghavri of Nirma fame are competing with new generation entrants like Kishore Biyani of Pantaloons Retail and Shivinder Mohan Singh, scion of the Ranbaxy family but now running Fortis Healthcare for this year's Ernst & Young Entrepreneur of the Year award.
All four figure among the 16 finalists announced on Monday. The winner will be announced on November 16 in Mumbai.
A plethora of business related awards have proliferated in the recent past, but the Ernst & Young awards, which begun in India in 1999, stand apart providing a benchmark for genuine professional excellence.
The other finalists, many of them equally distinguished are Anil Agarwal of Vedanta Resources Plc, Anil Singhvi of Gujarat Ambuja Cement, Girish Agarwal of Dainik Bhaskar, Jignesh Shah of Financial Technologies, LD Mittal of International, MM Gupta of Dainik Jagaran, Manoj Upadhyay of Acme Tele Power Ltd, Mukund Choudhary of Spentex Industries Ltd, Qimat Rai Gupta of Havell's India, Ravi Uppal of ABB India, Tulsi Tanti of Suzlon Energy and Vikram Akula, SKS Micro Finance.
"All these individuals are a vital link in integrating India with the global economy and achieving increased growth rates for the country, coupled with employment generation opportunities, regional development and inclusive growth," said Sunil Bharti Mittal, of Bharti Enterprises, who chaired the jury for the awards.
Past recipients of the award include Kumar Mangalam Birla, Sunil Bharti Mittal, Ratan Naval Tata, NR Narayana Murthy, Brijmohan Lall Munjal and Mukesh Ambani.