ET awards 2011 Business Leader : Chanda Kochar Lifetime achievement : YV Reddy Company of the year : Bajaj Auto Global

Indian : Vikram Pandit Policy change agent : Nandan Nilekani Emerging company : Shree Renuka Sugars Entrepreneur of the year : Rahul Bhatia Corporate Citizen : GCMMF India 2nd only to US, with 3mn affluent households: According to a survey by the global market research agency TNS, while the US still is the world's most prosperous country with 31 million affluent households, India, China and Brazil have overtaken many European countries in this measure of consumer wealth with three million affluent households each in these countries which have over USD one lakh investible funds. In other words, as many as 27 per cent American households are affluent, while this is only 1.25 per cent and 0.75 per cent in regard to India and China respectively, thanks to the sheer size of their population. Harish Manwani, Global COO, Unilevers says, 85-90% of the population growth and 75% of the economic growth and consumption would come from here. FMCG margins are under pressure. Global pressures to some extent have affected Indian economy. Asia is where half the world lives and with India and China here in totality, India has a huge potential. Consumer companies will go where people and money exist. 13 out of 50 with populations above 100mn will be part of developing ccountries most of which are in Asia. Inflation impact on Indian growth story with bottom of pyramid existing, it is a challenge to work on supply to match demand, make the economy more productive in long term. But this would lead to even higher rates. It is in the end a fine balance. Seedfunds invests in frontier marketsby Paula Mariwala, Executive director: establish a distribution ntwork like HUL Venova raises $3.5mn, interactive tech to bring books to life, plan to quadruple revenues Kred-measurable influence, score to show ur online effectiveness Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday. Microsoft joins a host of other companies looking at Yahoo, which has a market value of about $18 billion and is readying financial pitch books for potential buyers, they said. Those companies include buyout shops Providence Equity Partners, Hellman & Friedman and Silver Lake

Partners, as well as Chinese e-commerce giant Alibaba and Russian technology investment firm DST Global, the sources said.