Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the Jamnalal Bajaj Award for Fair Business Practices, instituted by the Council for Fair Business Practices, in the Manufacturing Enterprises – Large category. Cdr (Retd) Sanjiv Bhende, AGM (Regional Office-Mumbai), BEL, received the award on behalf of BEL from Mr Uday Kotak, Managing Director of Kotak Mahindra Bank, at the award ceremony held at Mumbai. Justice A P Shah, former Chief Justice of the Delhi High Court, and Mr Shekhar Bajaj, CMD, Bajaj Electricals Ltd, were present.
The Council for Fair Business Practices recognises and commemorates businessmen and industrialists who uphold the highest ethical practices in business, each year.