Kotak Mahindra Bank's founder and Executive Vice-Chairman Uday Kotak has won the EY World Entrepreneur of the Year 2014 award. He received this award at a ceremony held in Monaco on Saturday. Kotak was picked from among the 60 country finalists vying for the title. He is the second from India to have won this award. Kotak's selection comes 11 years after NR Narayanamurthy of Infosys had won in 2003, professional services firm EY said in a statement.

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