The chief guest was Sunil Bharti Mittal (Anil Ambani was the chief guest in 2004, while Anand Mahindra was the chief guest in 2005). Mukesh Ambani was supposed to be present, in his capacity as the Chairman of the Board of Governors of IIMB, but was in the US at the time to attend some energy meet.
The Times of India, Bangalore edition. Students in the yellow sashes are the FPM graduates, while those in the green sashes are the PGP graduates.
Vijay Times. That's me (Abhinav) receiving the gold medal from Sunil Mittal. The second photo above is where you can see the PGSEM graduates seated on the right, in blue sashes, while the PGPPM graduates are seated on the left, in red sashes.
The Hindu. That's Gaurav Agarwal, of the US $193,000 salary offer fame, receiving the gold medal from Sunil Mittal (link to BT article).
Deccan Herald. Abhik Sengupta is the one seated on the extreme right. And that's me (Abhinav) with my tongue sticking out, taking a photo.
From The Hindu (link)
The Times of India (link)
Indian Express (link)
Deccan Herald (link)