FEB 29, 2004
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Institutional Integration
There was a time many decades ago when India's state planners bestrode the economy like giants. To finance the plans, they needed a set of financial institutions that would lend money for all the projects. Then came free market reforms, and they lost their relevance. The solution? Have them turn commercial. ICICI begat ICICI Bank, IDBI begat IDBI Bank. And now it's the turn of the IFCI.


Fastest Growing Companies
There's something about rapid growth that's irresistible. For a run-down of India's 21 Fastest Growing Companies, turn to the contents section of this issue. And if there's some company you would like to know a little bit more about, log on. BT Online presents details of each of the 21 firms' operating circumstances, including details of its competitive arena and how it is placed in it. Fast growers are high risk bearers, goes the conventional thinking. Is this true? Study these 21.

More Net Specials
Business Today,  February 15, 2004
 
 
India's Young Super Performers
Introducing an all-new award to recognise India's bright young minds.

Everybody loves a winner. That's just as things should be, because a winner epitomises all qualities that humans aspire for. She is smarter, more dogged, and not infrequently has a lucky wind blowing behind her. But there's a particular kind of winner we tend to admire and emulate more than any other. And that is the young winner. Imagine heading a Rs 1,000-crore company, or turning around a sinking business, or launching a blockbuster idea when you are not yet 30 or 35? Or how about being called the young author of a breakthrough innovation that changes the lives of millions? Such heady achievements evoke the same awe and envy that greet every child prodigy.

The irony of it, though, is that-given the ways of the world-a winner is not a winner unless she has been recognised so. Thus, you have hundreds of people, if not thousands, who labour brilliantly in dark confines of the society without the world ever getting to know about them. Is that fair? Not at all. It's not just unfair to the exceptional people in question, but actually a colossal loss of opportunity-in that role models who otherwise could have inspired millions of people, young and old, in India, quietly succumb to anonymity. Yet, if India is to shine, the stars must be brought out.

WHEN'S THE D-DAY?
Write blocked in the space for March 11, 2004, on your diary or palmtop. On that day, you would be ill-advised to be anywhere except the Taj Mahal Hotel in Mumbai. Starting 1930 hrs, the who's who of corporate India will gather to witness a unique event: a celebration of India's young talent amidst a glittering do to mark the debut of Business Today Young Super Performer Award, made possible by Hewlett-Packard. Entry by invitation alone (oh, no!).

It was with that idea in mind did Business Today start looking at ways to turn this into an initiative that would be both national and sustainable. After many rounds of brainstorming and debate over cups of coffee and Chinese tea, variously, we decided on something we now have named "Business Today Young Super Performer Award". The name says it all: The focus is on people who are both young and super performers. What are the parameters? The first part is easy: By young we mean people below the age of 40. The tricky bit is defining just who a super performer is. Yet, it's obvious that such a person must have something outstanding to his or her credit. Also, it is safe to say that if you are a super performer, people-in our case, they include everybody from the CEO to the head hunter to the analyst to peer groups to hr honchos-have noticed you.

So, how Business Today plans to go about it is thus: For starters, our nationwide team of reporters and editors will speak to key constituents in corporate India, science and research, and social work. Based on this, a masterlist will be drawn up. This masterlist will be whittled down to 15 by a core group of our own editorial team. Thereafter, the shortlist will be handed over to an expert panel. It will comprise seasoned CEOs, savvy investors, hr pros, and luminaries from the field of science and social work. The panel will devote half a day arguing for and against each name on the list of 15. At the end of it, there will be just three winners, one each in the categories of CEO, Entrepreneur, and Ideator. Will you be one of them? Wait and watch.

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