Mahindra & Mahindra,Narayana Hrudayalaya win FT & Arcelormittal biz awardshttps://indianexpress.com/article/news-archive/web/mahindra-mahindra-narayana-hrudayalaya-win-ft-arcelormittal-biz-awards/

Mahindra & Mahindra,Narayana Hrudayalaya win FT & Arcelormittal biz awards

Mahindra & Mahindra is ranked 21st in the list of top companies of India.

India’s Mahindra & Mahindra and Narayana Hrudayalaya Hospitals have won two of the top seven 2013 Boldness in Business Awards instituted by the Financial Times (FT) and Arcelormittal.

At a function held at the Royal Institute of British Architects last night,Mumbai-headquartered Mahindra & Mahindra Ltd won the Emerging Markets Awards. Mahindra and Mahindra is ranked 21st in the list of top companies of India in Fortune India 500 in 2011.

The Bangalore-headquartered Narayana Hrudayalaya Hospitals bagged the Corporate Responsibility Award. The Bangalore cardiac unit of Narayana Hrudayalaya is one of the world’s largest paediatric heart hospitals. It is the brainchild of renowned cardiac surgeon Devi Shetty.

Narayana Hrudayalaya also receives patients from outside India and it has created a record of performing 15,000 surgeries on patients from 25 foreign countries.

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It is a renowned centre for telemedicine and it offers this service free of cost.

Other recipients of the awards were Ivan Glasenberg,Chief Executive,Glencore (Person of the Year),Mondragon Corporation (Driver of Change),3DSystems (Technology),GoPro (Smaller Company) and SoftBank (Entrepreneurship).

Lakshmi Mittal,Chairman and CEO,ArcelorMuittal,said: “This year’s winners represent a wide variety of businesses who have uniquely demonstrated new and brave thinking to transform and succeed under challenging circumstances.”

“Among them,Basque Co-operative Mondragon Corporation,winner of the Driver of Change award,puts all its profits back into the business in which many of its workers have a share. And Narayana Hrudayalaya Hospitals,which uses its scale to push costs down and make vital healthcare services affordable to ordinary Indians,is a business which others can take inspiration from.”

Boris Johnson,Mayor of London,who was the chief guest,said: “London must retain its status as a financial powerhouse in an increasingly competitive global economy. Fostering a spirit of entrepreneurial dynamism is a vital element to this.

The FT ArcelorMittal Boldness in Business Awards are celebrating some of the best examples and I congratulate all the fantastic winners.”

Lionel Barber,editor of the Financial Times,said: “Against a backdrop of imbalances between the debt-ridden west and nations with surpluses in the east,this year’s winners have demonstrated courageous and decisive risk-taking in the spiriti of entrepreneurialism and innovation.

“Having fought hard to pull off a deal that paves the way for the fifth-largest takeover in the history of the natural resources sector,Ivan Glasenberg is a worthy winner of the Person of the Year award”.