"It is about empowering young minds to think through innovation, as at times the senior management can't pursue it" - Ratan Tata, Chairman Tata Group.

Mr Tata says that encouraging innovation from youngsters is an important step in making organisational changes. Now in its sixth year, TBLA targets students of seven major business schools. Mr. Gopalakrishnan Executive Director says "We want to sense the flow of the river, understand what it takes to energise today's youth."

This year's winning proposal has come from IIM - Lucknow. Read more about the awards here: