~Tata Steel, was recognized for CNBC Asia's Award for India and bagged the most prestigious CNBC Asia's Corporate Social Responsibility Award for Tata Steel's outstanding CSR model~

Tata Steel bagged the corporate social responsibility award at the seventh edition of 'India Business Leader Awards 2012' (IBLA) – Asia's most distinguished awards for Excellence in Leadership, held in New Delhi at The Lalit, Connaught Place, on 17th January, 2012. The award was received by Mr HM Nerurkar, Managing Director, Tata Steel on behalf of the Company from the Hon’ble Finance Minister, Pranab Mukherjee.

The award is recognition of Tata Steel's CSR models which takes ownership of several aspects like urban services, infrastructure development, healthcare facilities, and creation of sustainable livelihood in rural areas, disaster management and support of other non-profit organizations.

While receiving the award, Mr HM Nerurkar, Managing Director, Tata Steel, said "Basically it is the founder's values of giving back to society many times more what you take from it. Truly, the credit goes to employees, union and senior management team which has helped us throughout."

Mr B Muthuraman, Vice Chairman, Tata Steel, congratulated Mr Nerurkar and said in a videographed message, "Mr Nerurkar is one of the outstanding leaders from Tata Steel and Tata group. I am sure he will continue the rich Tata tradition of bringing in visionary leadership."

Earlier this month Tata Steel bagged the award in the 'Metal Category' at the seventh edition of the prestigious NDTV Profit Business Leadership Awards. The award was recognition of the various initiatives and innovations taken up by Tata Steel to respond and adapt to the ever changing business scenario.

CNBC- TV 18 presented the seventh edition of 'India Business Leader Awards 2012', to honor the individuals and organizations that have created new benchmarks for corporate excellence and have taken Indian Business to anew echelon of fame. The jury was chaired by Mr Mukesh Ambani, Mr KM Birla, Mr Anand Mahindra, Ms Chanda Kochhar and Mr Deepak Parekh. The awards witnessed luminaries from the business fraternity like Ms Chanda Kochhar, Managing Director, ICICI Bank; Mr Kumar Mangalam Birla, Chairman, Aditya Birla Group; Mr Deepak Parekh, Non- Executive Chairman, HDFC; Mr B Muthuraman, Vice Chairman, Tata Steel; Mayank Pareek, Executive Director, Maruti Suzuki, and many more such renowned dignitaries.

About Tata Steel:
Established in 1907 as Asia's first integrated private sector steel company, Tata Steel Group is amongst the leading steel manufacturers in the world with an annual crude steel capacity of over 28 million tonnes per annum (mtpa). It is now the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 26.64 billion in FY '11, has over 81,000 employees across five continents .The Group's vision is to be the world's steel industry benchmark in "Value Creation" and "Corporate Citizenship" through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency.