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Indiamart strikes gold again for its 2024-25 annual report
NEW DELHI: Indiamart has extended its winning run in the world of corporate reporting, picking up a fourth consecutive Gold at Lacp’s Global Communications Competition for its Integrated Annual Report 2024 to 2025. The report scored an impressive 98 out of 100 and secured the 32nd spot among the Top 100 Annual Reports Globally, placing Indiamart among the top five Indian performers.
The competition, run by the League of American Communications Professionals, drew around 1,500 entries from nearly a dozen countries and more than 300 organisations. A jury of communications specialists assessed submissions across six criteria that included first impression, narrative flow, visual design, creativity, clarity and relevance.
Indiamart’s continued success reflects its steady push for transparency and compelling storytelling in its annual disclosures, a combination that has consistently caught the eye of global evaluators.
Indiamart Intermesh chief financial officer Jitin Diwan, said the recognition reaffirmed the company’s focus on open and effective communication. He added that such honours encourage teams to keep setting the bar higher.
For Indiamart, the latest gold is yet another reminder that clear reporting can shine just as brightly as corporate performance.
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IndiGo names William Walsh CEO
Former IATA chief to take charge in August after Elbers exit, Bhatia steers interim
India’s biggest airline has moved fast and gone global. InterGlobe Aviation, which operates IndiGo, has tapped aviation heavyweight William Walsh as chief executive officer, subject to regulatory approvals, marking a sharp pivot as the carrier eyes its next burst of expansion.
Walsh, currently director general at the International Air Transport Association, will step down on July 31, 2026, and is expected to take charge by August 3. The appointment comes barely three weeks after Pieter Elbers exited the corner office, with Rahul Bhatia holding the fort in the interim.
The choice signals intent. Walsh brings decades of cockpit-to-boardroom experience, having led British Airways and later International Airlines Group, the parent of Aer Lingus, Iberia and Vueling. His tenure across carriers has been defined by hard resets, restructurings and cross-border consolidation—skills IndiGo may need as competition intensifies and scale becomes decisive.
Vikram Singh Mehta, chairman and non-executive independent director of IndiGo, said Walsh’s experience in managing large-scale airline operations and navigating complex market dynamics makes him well-suited to lead IndiGo in an increasingly competitive global aviation environment, adding that the appointment marks a new chapter as the airline scales in one of the world’s fastest-growing markets.
Rahul Bhatia said Walsh’s global perspective, operational expertise and customer-focused approach would be critical as IndiGo enters its next phase of expansion.
Walsh, widely regarded as one of the industry’s most influential figures, will oversee overall management and strategic direction, with a mandate spanning operational performance, network expansion, commercial strategy and customer experience. He is expected to work closely with the board and leadership team to sharpen IndiGo’s growth trajectory.
Walsh said IndiGo has a strong foundation and is well-positioned to capitalise on the evolving aviation landscape, adding that he looks forward to fostering a culture of excellence, innovation and sustainable value creation across the organisation.
A new captain, a bigger runway—and a market that rewards scale. IndiGo is lining up for its next take-off.
