New Delhi, December 2, 2009: In its fourth year, CNN-IBN Indian of the Year ‘09 carries a host of distinguished names in its list of nominees in the Category of Business. The nominees in the category of Business include some of the towering personalities who have blazed a new trail in the world of business through world-class products and management practices and exemplary leadership skills. To choose these nominees for the biggest and the most credible awards in the Indian media, IBN18’s editorial team went through a stringent ratifying process and finally short listed six businessmen who have left an indelible mark with the depth of their vision, their innovative thinking and dedication to setting the standards and raising the bar of excellence in their respective industries.

These nominees, who were the unanimous choice of the jury, together define a brand new India – one which is upbeat, resurgent and dynamic. They display the knack of charting growth stories under adverse economic conditions, making them the best suited for this category. The nominees for CNN-IBN Indian of The Year ‘09 in the category of Business are:

• TEAM CAIRNS: For remarkable achievement in ensuring India's biggest oil discovery since Bombay High in the 1970s.
• THE SATYAM REVIVAL TEAM: For the deft handling of a crisis triggered by the monumental Satyam scam, and preventing loss of faith in Indian businesses.
• Y V REDDY: For ensuring his level-headed approach to monetary governance saved India in the worst possible economic climate.
• PAWAN MUNJAL: For almost managing to achieve the impossible target of selling four million bikes by March, despite a downturn.
• C K PRAHLAD: For enlightening the world with his "bottom of the pyramid" theory which has played out remarkably across Asia.
• R H PATIL: For setting up NSE, one of the most transparent, efficient and effective stock exchanges anywhere in the world.

Viewers and citizens can cast their votes for their favourite sports nominee by logging on to www.indianoftheyear.com - a specially created micro site for the awards. Can also vote through SMS by typing IOTY to 51818 and can call through IVRS on 5051818 and on 1255518(for MTNL mobile, BSNL mobile & landline users). Voting closes on 11th December mid night.

Speaking on the occasion, Mr. Rajdeep Sardesai, Editor-in-Chief, IBN18 Network said, “One of our key objectives and driving forces behind these awards has been to try and make them as credible as possible. The procedure undertaken for selecting and short listing the nominees for CNN-IBN Indian of the Year ‘09 awards underlines complete transparency. We look forward to honouring and awarding the achievers”.

About Network 18
Network18 [BSE: 532798,NSE: Network18] is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses. Through its holding in Television Eighteen India Ltd (TV18) [BSE: 532299, NSE: TV-18], Network18 operates India’s leading business news television channels, CNBC-TV18 and CNBC Awaaz. It also runs one of India’s largest Internet players - Web18, as well as one of India’s leading real time financial information and news terminals – Newswire18. TV18 has recently expanded into print with Infomedia18, a newly formed entity following the acquisition of Infomedia, India's leading player in the special interest publishing and printing operations space.TV18 has also announced collaboration with Forbes media for the launch of a business magazine in India.

Through its holding in ibn18 Broadcast Ltd (ibn18) [BSE: 532800,NSE: ibn18], Network18 operates in the general news and entertainment space with leading general news channels CNN-IBN and IBN7 and has launched IBN Lokmat, a Marathi news channel in partnership with the Lokmat group. ibn18 also operates a joint venture with Viacom, called Viacom18 which houses the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group’s filmed entertainment operation and has launched ‘Colors’, a Hindi general entertainment channel. Additionally, Network18 holds the Group’s online & on-air home shopping venture, Homeshop18 and its full spectrum events management venture, E18.

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