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The list also has other notable names like Shobhana Bhartia of the Hindustan Times, Chandra Prakash Jain (NTPC), Jignesh Shah of MCX and Ajjay Bijli of the PVR group, according to an Ernst and Young India release.
The honours would be declared on November 11 in Mumbai and the winner will represent India at the Ernst and Young World Entrepreneur of the Year awards in Monte Carlo in 2006.
The finalists have been selected by a five-member jury consisting of eminent personalities like HDFC Chairman, Deepak Parekh, from over 100 nominations received this year.
"The sustained buoyancy in the economy and a sharper focus on growth over the last few years is an outcome of the ingenuity and perseverance of Indian entrepreneurs, who have transformed the Indian business-scape," said Ernst and Young India CEO, Rajiv Memani.
The awards honours entrepreneurs who have charted the course for the future for others and truly exemplified the company's "torchbearers" theme for the programme this year, added the release.
The 'E&Y World Entrepreneur of the Year' was won by Infosys chairman Narayana Murthy in 2003.
The past recipients of the award includes Sunil Bharti Mittal, Ratan Tata, Brijmohan Lal Munjal, Mukesh Ambani and Subhash Chandra amongst others.
