Vinita, Nilesh Gupta of Lupin bag EY award

Vinita Gupta, chief executive officer, and Nilesh Gupta, managing director, Lupin, were on Thursday given the EY Entrepreneur of the Year Award, 2015, for the drug company's spectacular growth and for creating value for stakeholders.

F C Kohli, ex-vice-chairman of Tata Consultancy Services (TCS), was given lifetime achievement award for his contribution to the Indian software sector. The awards were handed by Union transport minister Nitin Gadkari. The start-up award went to Vijay Shekhar Sharma, founder and chief executive officer (CEO), Paytm.

The award for business transformation went to Siddhartha Lal, managing director (MD) and CEO of Eicher Motors. The retail and consumer products award was bagged by R S Agarwal, executive chairman, and R S Goenka, wholetime director, Emami. Samir Mehta, chairman of Torrent Pharmaceuticals, bagged the award for life sciences and health care; Ramachandra N Galla, chairman of Amara Raja Batteries, for manufacturing; Krishnakumar Natarajan, CEO and MD of Mindtree, for services; Chandra Shekhar Ghosh, chairman and MD of Bandhan, for financial services; and Romesh Sobti, MD and CEO of IndusInd Bank, for entrepreneurial CEO. Vinita and Nilesh Gupta will now represent India at the EY World Entrepreneur of the Year Award in Monte Carlo from June 7.

An 11-member jury led by Adi Godrej selected the winners. Other jury members were Subodh Bhargava, chairman, Tata Communications; Rahul Bhatia, wholetime director, InterGlobe Enterprises; Arundhati Bhattacharya, chairperson, State Bank of India; Sanjeev Bikhchandani, founder and executive vice-chairman, Info Edge (India); Bharat Doshi, chairman, Mahindra & Mahindra Financial Services; Kalpana Morparia, CEO, JPMorgan India; Rishad Premji, chief strategy officer, Wipro; Renuka Ramnath, MD and CEO, Multiples Alternate Asset Management; Dilip Shanghvi, MD, Sun Pharmaceutical Industries; and Shashank Singh, partner and MD, Apax Partners India.

"Businesses and society the world over are seeing a massive transformation brought about by digital disruption. The winners this year come from traditional to new-age businesses, but what is common to them is their agility to ride the wave of change. They have radically transformed their business models and continue to do so, even as they seek to build greater stakeholder value," said Rajiv Memani, chairman, EY India.