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Ratan Tata, Mukesh Ambani, Nilekani and Premji in Fortune's Asia's 25 most powerful
New Delhi: Four Indians, including Ratan Tata and Mukesh Ambani are among Asia's 25 most powerful business leaders listed by the latest issue of 'Fortune' magazine.

Ratan Tata, the chairman of the Tata Group, is ranked 12th and Mukesh Ambani of the Reliance Industries comes 17th on the list headed by Samsung Electronics CEO Jong-Yong Yun. The other Indians featuring in 'Asia 25' are Infosys CEO Nandan Nilekani (rank 13) and Wipro chairman Azim Premji (rank 19).

Ratan Tata was not on the list last year while Nilekani has moved up to 13 from 23 and Mukesh Ambani has dropped to 17 from 13 and Premji from 10 to 19.

'Fortune' says at 67, Ratan Tata "shows no signs of slowing down." "In the past year, he has been busy buying companies in Korea, Singapore, and Africa."

Nilekani is described as "one of the architects of India's IT revolution" who earned himself a starring role this year in American journalist Thomas Friedman's bestselling book 'The World is Flat' as the man who first suggested that the world is being flattened by new technologies.

The list also has Saudi Aramco's Harvard-educated boss Abdallah Jum'ah, Toyota's Katsuaki Watanable, LG Electronics CEO Kim Ssang Su and Sony CEO Howard Stringer.
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Biocon's Kiran Mazumdar gets Corporate Leadership award
Bangalore: Ms Kiran Mazumdar-Shaw, CMD of Biocon Ltd, has been honoured with the Corporate Leadership Award 2005 of the American India Foundation (AIF).

She was recognised for the leadership role in promoting initiatives to support environment, education, health and welfare-related issues in India, a release said.
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Tata Steel, TCS team win Maple Leaf International award
Beijing: Prashant Kumar of Tata Steel's Procurement Division and Shiva Prakash Rao of TCS have been declared winners of the "Maple Leaf International Award 2005" for their paper titled "Best Practices in Global Supply Management- What are the benchmarks?".

While this is a hat trick for India, for the first time the award has been won by a team twice in two consecutive years. The International Federation of Purchasing and Supply Management (IFPSM) announced this award in Beijing, China recently.

The Maple Leaf Award is a prestigious international award organized through an annual competition amongst authors who have written actual and future oriented papers concerning the purchasing and supply management profession and its development.

The team from Tata Steel has made its way to the worldwide finals by clearing regional and national competition.

The Tata Steel team has won this against stiff competition from teams from several countries like UK, Hong Kong, China, India and others. In all, 30 countries across the world participated in the competition.

Representing 43 purchasing and materials management associations and over 1,50,000 purchasing professionals around the globe, the International Federation of Purchasing and Supply Management (IFPSM) is a pioneering organization promoting purchasing excellence.
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