Baba N Kalyani, the Chairman & Managing Director of Bharat Forge was conferred with the "Bharatratna Sir M Visvesvaraya Memorial Award - 2014" by the Federation of Karnataka Chambers of Commerce & Industry at a function organized in Bengaluru, on the occasion of Founder's Day Celebrations. 

Marking the occasion were DV Sadananda Gowda, Hon'ble Union Minister for Railways; Dr. Narendra Jadhav, Former Member of the Planning Commission of India; S. Sampathraman, President, FKCCI and many other distinguished leaders from the business community, members of the chambers, academicians, economists, legislators and policy makers. Speaking at the occasion, Sampathraman said, "We are proud of his achievements and we deem it a privilege to honour Sri Baba Kalyani the ‘Bharat Ratna Sir M. Visvesvaraya Memorial Award 2014."

Commemorating the birth anniversary of Sir M Visvesvaraya, Federation of Karnataka Chambers of Commerce & Industry instituted the Visvesvaraya Memorial Award in the year 1999 to recognize and acknowledge the outstanding efforts of distinguished persons who have significantly contributed to the economic and social development of India and the state of Karnataka. NR Narayana Murthy, Azim H Premji, Dr Devi Shetty are some of the eminent past recipients of this award.