Dalal Street Investment Journal accolades, chronicles the achievements of Indian PSUs

Lending his thoughts on the occasion, Mr. Rajesh Padode, CEO, DSIJ Group, said, "Public Sector Units are doing extremely well in shaping the Indian economy. They contribute 8 per cent to the GDP and are the real Heroes of India. DSIJ has made a small attempt to recognize their contribution to the economy by felicitating them. This in turn will help to motivate and encourage them to perform better in the years to come".

New Delhi, Delhi, March 25, 2009 /India PRwire/ -- Dalal Street Investment Journal (DSIJ), India’s No.1 investment magazine, today felicitated the Public Sector Undertakings (PSUs) for their unwavering support and contribution to the Indian economy. Instituted to acknowledge the role of the PSUs, these awards were given away by the Honourable Chief Minister of Delhi, Smt Shiela Dikshit during a glittering ceremony held at the India Habitat Center in New Delhi. The evening was also graced by Professor Suresh Tendulkar, Chairman Economic Advisory Council to the Prime Minister and Dr. Satyanarayan Dash, I.A.S, Secretary to Government of India, Ministry of Heavy Industries & Public Enterprises.

The first ever honour bestowed on the unsung heroes of the Indian economy, the awards ran into 14 different categories ranging from The Highest Profit-Making Enterprise, won by ONGC; Most Investor Friendly Unit bagged by BHEL; Largest Coal Producer in the world awarded to Coal India and the Most Valuable Enterprise earned by NTPC *(Details of other categories and winners are listed below). Drawing from the exhaustive research and findings undertaken by the in-house team of, these awards reinstate the group’s commitment to bring together the best of the talents in the industry and give them their due recognition.

Lending his thoughts on the occasion, Mr. Rajesh Padode, CEO, DSIJ Group, said, “Public Sector Units are doing extremely well in shaping the Indian economy. They contribute 8 per cent to the GDP and are the real Heroes of India. DSIJ has made a small attempt to recognize their contribution to the economy by felicitating them. This in turn will help to motivate and encourage them to perform better in the years to come”.

The ceremony also saw the launch of “India’s Best Public Sector Enterprises”, an anthology of exhaustive information on PSUs across sectors. The book not only details the entrepreneurial dynamics of each unit, but also zooms in on the personal life of their respective Chairman & Managing Directors. Even engaging is the After Hours section attached with each unit, which goes on to chronicle trivia about these industry big wigs right from their favourite actors and favourite films to their childhood dreams and aspirations.

Shedding light on the genesis of the book Mr. Sunil Damania, Managing Director, Dalal Street Investment Journal, said, “This special edition is dedicated to the 15.70 lakh dedicated PSU work force of the country. It mirrors their achievements and showcases their firm standing and contribution to the Indian economy. The book maps almost 73 enterprises with in-depth details right from their size and milestones to the unit’s guiding philosophy.”

*Winners of The First DSIJ PSU Awards 2009 are:

NAME CATEGORY

  • ONGC Highest Profit
  • Steel Authority of India Best Turnaround
  • Power Finance Corp Highest Profit per employee

among Financial Institution

  • Oil India Highest Book Value (non-Listed)
  • Rural Electrification Empowering Villages of India
  • Coal India Largest Coal Producer in the

World

  • BHEL Most Investor Friendly
  • Power Grid One of the largest transmission

line in the world

  • GAIL Successful Diversification
  • MMTC Highest Wealth Creators
  • NMDC Fastest Growth in sales and
    NP-3 years
  • NTPC Most Valuable
  • Bharat Sanchar Nigam Largest Assets Base
  • Indian Oil Corporation Highest Revenue

Notes to Editor

About Dalal Street Investment Journal Group:

Founded in 1986, Dalal Street Investment Journal (DSIJ) is the oldest and the most trusted magazine for investment recommendations. DSIJ’s 23-year eventful journey charts the exhilarating journey of the Indian stock market. All through its journey, DSIJ has remained rooted to its core values of honesty, transparency and high performance. Every fortnight, the highly experienced and professionally qualified DSIJ team of Research Analysts provides in-depth and insightful analysis of companies across diverse sectors to come up with balanced and unbiased recommendations. DSIJ does not stop at just recommending stocks, it goes a step ahead and continuously monitors, reviews and evaluates the performance of its recommendations and, should the situation warrant, also suggests corrective actions for the investors.

DSIJ a complete investment magazine, offering investment advice on mutual funds, debt, real estate, insurance, taxation and financial planning with an entire section devoted to personal finance. Over 5 lakh readers have reposed their trust and confidence in DSIJ for over 23 years.

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