Ratan Tata, the former head of Tata Group was awarded the life time achievement award 2012 by Ernst & Young on 21 February 2013. He was given away the award for displaying great role for the Indian businessmen on global business level.
The entrepreneur of the year (2012) award was given away to Adi Godrej, Godrej Group Chairman. It is important to note that entrepreneur of the year award is an only business award which is based on self-nomination.
Also, Ernst & Young announced names of successful entrepreneurs in various categories and these awards were given away to TT Jagannathan, Chairman, TTK Group; Francisco D’Souza, Chief Executive Officer, Cognizant Technology Solutions; Cyrus S Poonawalla, Managing Director, Serum Institute of India and Onkar S Kanwar, Chairman and Managing Director, Apollo Tyres.