PSU Awards 2012 to Honor the Best PSU for Their Contribution to the Indian Economy
NEW DELHI, March 22, 2013 /PRNewswire/ --
Dalal Street Investment Journal (DSIJ), India's No.1 investment magazine is organizing the PSU Awards 2012 to honor the Public Sector Undertaking (PSU) for their commendable performance. DSIJ always had great regard for Indian PSUs and recognize their contribution to the Indian economy.
The award ceremony will take place on 23rd March 2013 at Hyatt Regency, Bhikaji Cama Place, New Delhi. The DSIJ Group would be giving around 17 awards in various categories. Shri Ajit Singh, Honorable Union Minister of Civil Aviation will be the Chief Guest and Guest of Honor will be Mr. P Uma Shankar, Secretary Power (Government of India). The event shall be streamed live at http://www.dsij.in/psu/awards.aspx
To provide a uniform platform to everyone, DSIJ has decided that from this time onwards all awards would be divided into three categories -Maharatnas, Navratnas and Miniratnas. This would ensure that Miniratnas also get chance to be conferred with the prestigious DSIJ awards.
Mr. Sanjay Padode, Managing Director of DSIJ Pvt. Ltd said, 'Dalal Street Investment Journal, which has democratized wealth creation for more than 25 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.
"DSIJ PSU AWARDS 2012." demonstrates the continuing faith of the Dalal Street Investment Journal Journal in the Indian PSUs. The past three award ceremonies have been attended by the who's who of the Indian PSU and this year we are hoping to see a larger gathering consisting of business leaders, bureaucrats and academicians to celebrate the success of the Indian PSU's.
This time the selection criterion for the awards has been quite unique as the jury have looked at multitude of parameters to evaluate performance of the company & every parameter has been evaluated over an extended period of time. This is to ensure that each of the awardees truly deserve the award. The parameters include at Size, Growth, Wealth Builders, Valuable and efficiency.
The 4th DSIJ PSU Awards 2012 will be conferred on PSUs in the following categories:
- Fastest Growing Maharatna - Manufacturing
- Heavyweight Maharatna - Non Manufacturing
- Fastest Growing Navratna - Manufacturing
- Fastest Growing Navratna - Non Manufacturing
- Heavyweight Maharatna - Manufacturing
- Most Efficient Navratna - Manufacturing
- Most Efficient Navratna - Non Manufacturing
- Most Efficient Maharatna - Manufacturing
- Most Efficient Maharatna - Non Manufacturing
- Award for the Most Efficient Financial Institution
- Highest Profit Per Employee - Non Manufacturing Miniratna
- Fastest Growing Operational Metrics - Non Manufacturing Navratna
- Consistent All-round Performance - Non-Banking Financial Company
- Mighty Masters - Largest Balance Sheet and Topline - Non Manufacturing Navratna
- Most Efficient Non-Manufacturing Miniratna
- Highest Number of Employees in Manufacturing Maharatana
DSIJ started PSU Award in 2009 and this year is they will be celebrating the fourth edition of PSU Awards. There are many awards to felicitate heroes in the private sector but when it comes to recognizing the service of the Public Sector Enterprises (PSEs), there are none that give due recognition to these pillars of the Indian economy.
At the award ceremony, DSIJ will also launch a book containing information on PSU Maharatanas, Navratnas and Miniratnas. The book has been dedicated to 15 lakh PSU employees of the nation.
About DSIJ Private Limited:
Dalal Street Investment Journal is India's leading wealth creating media brand. In line with its philosophy of democratising wealth creation, DSIJ provides unbiased, reliable and actionable information to enable the wealth creation and wealth enhancement objectives of every financially engaged citizen.
Established in 1986, the masthead, Dalal Street Investment Journal, is one of the most recognised equity market publication and has been at the forefront of quality journalism ever since. Today DSIJ reaches out to its discerning readers in the print and the contemporary digital formats.
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