Which corporate group institutes the Mahindra Excellence in Theatre Awards, commonly known as the META awards?

Introduction / Context:
The Mahindra Excellence in Theatre Awards, abbreviated as META, recognise and reward the best of Indian theatre. Many corporate houses in India support arts and culture, and this question asks you to identify which business group is behind these awards.

Given Data / Assumptions:

• The awards are called Mahindra Excellence in Theatre Awards (META).
• The question asks who institutes these awards.
• Options include Reliance group, Satyam group, Mahindra group and None of the above.

Concept / Approach:
The full name of the awards already contains the word Mahindra, which directly points to the Mahindra group. META is a cultural initiative of this business group to promote and recognise excellence in theatre productions across India. Knowing the expansion of the acronym helps you answer the question quickly.

Step-by-Step Solution:
Step 1: Expand the abbreviation META as Mahindra Excellence in Theatre Awards. Step 2: Notice that Mahindra is a well known Indian corporate group involved in automobiles and other sectors. Step 3: Connect the name Mahindra in the award title with the Mahindra group as the instituting body. Step 4: Select Mahindra group as the correct answer.

Verification / Alternative check:
A check using background knowledge of cultural sponsorship in India confirms that Mahindra group supports various arts and culture initiatives, including literature and theatre festivals. Reliance and Satyam have their own projects but are not associated with META by name.

Why Other Options Are Wrong:

• Reliance group: A major conglomerate but not the one whose name appears in the award title.
• Satyam group: Known for its information technology business history, not for instituting META.
• None of the above: Incorrect because Mahindra group, a valid and listed option, is the true sponsor.

Common Pitfalls:
Sometimes candidates do not expand acronyms and instead guess randomly based on big company names. In this case, simply reading the full title Mahindra Excellence in Theatre Awards clearly reveals which group is behind it, making the question straightforward if you pay attention to wording.

Final Answer:
The Mahindra Excellence in Theatre Awards (META) are instituted by the Mahindra group.