SP Balasubramaniam is no stranger to awards. Yet another one has been bestowed on him. SPB has now got the coveted Raja-Lakshmi Award for 2006 A cash prize of Rs. 1,00,000, a citation and a memento are part of the award. The award will be presented to SPB on November 19 at Vishakapatnam. P V Ramaniah Raja, managing trustee of the Sri Raja-Lakshmi Foundation, intimated this to the press.