Enterprise Asia, a non government organization for entrepreneurship, named Rajesh Kamat, Chief Executive Officer of COLORS and Group COO of Viacom18, as one of the ‘Outstanding Entrepreneurs of Asia Pacific for 2010’. The award recognizes individuals who have demonstrated entrepreneurial attributes, including the tenacity and perseverance to continue innovating and making a difference even in tough business environments. Noted lawyer, and Member of Parliament, Mr. Abhishek Manu Singhvi, conferred the honors to Kamat in an event on November 20th 2010 at the Hyatt Regency in New Delhi.

This award is recognition for Rajesh’s efforts to spearhead COLORS to the leadership position in a category that was crowded with more than 10 players. Rajesh Kamat, CEO – COLORS & Group COO – Viacom18, said: “I am deeply honored and humbled to receive the Outstanding Entrepreneur of Asia Pacific Award, by Enterprise Asia. Apart from my extremely competitive team, I am also thankful to my organization, Viacom18, that has given me the environment that encourages and supports the entrepreneurial spirit.”

About Viacom 18 Media Pvt. Ltd.

Viacom 18 Media Pvt. Ltd. is a 50/50 joint venture operation in India between Viacom Inc. (NYSE: VIA, VIA.B, world’s leading entertainment content company, comprising brands like BET, MTV Networks and Paramount Pictures) and the Network18 Group, (one of India's leading full play media conglomerates with interests in television, internet, filmed entertainment, mobile content & allied businesses, comprising brands like CNBC TV18, CNBC Awaaz, Newswire18, moneycontrol.com, CNN-IBN, IBN 7, Homeshop18 and E18 amongst others).

About the Enterprise Asia Awards

The Asia Pacific Entrepreneurship Awards recognize and honor business leaders who have shown outstanding performance and tenacity in developing successful businesses within the region. Organized by Enterprise Asia and supported by local governments and businesses, the awards aim to band together leading entrepreneurs across the region to spur greater innovation, fair practices and growth in entrepreneurship. It hopes to be a platform to encourage continued leadership towards sustainable economic development for the region. Today, the awards has expanded to include Indonesia, Brunei, Singapore, Hong Kong, Vietnam, Thailand, China and now India.