The latest issue of Business Today (dated January 3, 2016) features Mr. Punit Goenka, MD & CEO, ZEE Entertainment in its list of ‘India’s Best CEOs 2015’.
Business Today used the study universe of BT 500 BT’s listing of the top 500 Indian companies based on the average market capitalisation between April and September. Only companies with revenues of more than Rs. 1000 crore within the BT 500 were considered. For the rankings, growth in total income, net profit, market capitalisation and return on equity (RoE) were considered. Further, since the CEO can’t only be judged on quantitative metrics, an element of subjectivity is required to take into account the impact of long-term strategic decisions on a company’s performance. To evaluate this qualitative component, a jury was appointed to decide the rankings.
This year, the esteemed jury comprised Ranjan Kapur, Country Manager – India, WPP; Janmejaya Sinha, Chairman (Asia Pacific), Boston Consulting Group; Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas; Sameer Sain, Co-founder and Managing Partner, Everstone Capital; Shashank Tripathi, Partner, Strategy & Leader, PwC India and Prosenjit Datta, Editor, Business Today.
Other notable CEOs on the list included Mr. Adi Godrej, Promoter / Executive Chairman, Godrej Consumer Products Ltd., Mr. Anand Mahindra, Chairman & Managing Director, Mahindra & Mahindra Ltd., Ms. Arundhati Bhattacharya, Chairman, State Bank of India, Mr. Azim Premji, Chairman, Wipro Ltd., Ms. Shikha Sharma, Managing Director & CEO, Axis Bank Ltd. and Mr. Sunil Bharti Mittal, Chairman, Bharti Airtel Ltd, among others.