Sanjay Jha Congrats from NowPublic, American business journalism award

NEW YORK: A journalist working with Canada-based news website NowPublic, has become the first Indian to win the prestigious Loeb Award -- one of the highest honours in American business journalism.

Sanjay Jha, NowPublic's South Asia Bureau Chief, won the award for television programme "India's Promise", along with PBS Nightly Business Report colleagues Steve Washington, Darren Gersh and Dana Greenspon.

"It is a tremendous honour to be the first Indian recipient of the highly-coveted Loeb Award," Jha said.

"It is my privilege to provide a first-hand account of breaking Indian and South Asian news to NowPublic's enormous network of readers and journalists," he added.

Prior to joining NowPublic, Jha worked with Delhi-based South Asian Bureau of The Guardian and also served as India Producer for the BBC, PBS, France 2 and the Danish Broadcasting Corporation.

"Sanjay has proven himself as an extremely accomplished journalist in just a short time as NowPublic's South Asia Bureau Chief," said Leonard Brody, CEO of NowPublic.

"We're extremely proud and cannot think of a more deserving candidate," he added.

MUMBAI: Sanjay Jha along with Steve Washington, Darren Gersh and Dana Greenspon from PBS Nightly Business Report have won the Loeb Awards in the Television Daily category for India's Promise.

The Loeb Awards, recognizing the work of journalists whose contributions provide an insight towards the world of business, finance and the economy for readers and viewers around the world, were given away to journalists from across the globe. The ceremony was held earlier this week in New York.

Steve Washington, Darren Gersh, Dana Greenspon and Sanjay Jha of PBS Nightly Business Report have won the Loeb Award for the series ‘India’s Promise’ in the Television Daily category. Jha is the first Indian to win the Loeb Award.

The Gerald Loeb Award, also referred to as the Gerald Loeb Award for Distinguished Business and Financial Journalism, is recognition of excellence in journalism, especially in the fields of business, finance and the economy. This year’s Awards were given away at a ceremony in New York on June 30.

Commenting on the win, Jha said, “I am very delighted and excited to win this Award. It has given credentials to the growth potential of India.”

‘India’s Promise’ was a four-part series that explored the rise of India’s economy, providing a first-hand look at the implications of the country’s rapid development. The stories were distinctive in the way that they visualised, humanised and personalised economic stories, showing the enormity and diversity of India’s population. This was an outstanding series from Nightly Business Report that demonstrated how enterprising broadcast journalism can lead to a better understanding of international economic issues.

Meanwhile, the New York Times received three Loeb Awards, while Fortune magazine’s Allan Sloan won his seventh Loeb Award for his story ‘House of Junk’, which dissected one deal to show how subprime mortgages went bad.

The Times won for its investigative series about how poisonous pharmaceutical ingredients from small Chinese factories have flowed into the global market. It also took awards for coverage of Merrill Lynch & Co CEO Stanley O’Neal’s ouster, and for columnist Joe Nocera’s commentary on socially responsible investing.

The Loeb Awards have been presented for 35 years by Anderson School of Management at the University of California at Los Angeles. They were established in 1957 by Gerald Loeb, a financier and founding partner of E.F. Hutton.

The Gerald Loeb Award, also referred to as the Gerald Loeb Award for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co.[1] Loeb "intended to encourage reporting on these subjects that would both inform and protect the private investor and the general public."