The RedInk awards for excellence in journalism are instituted by the Mumbai Press Club.
The lifetime achievement award to Tully is the recognition of his long and outstanding contribution to Indian journalism, it said.
The statement said that D'Souza's "passionate and honest" style, with which she handled subjects like corruption, political opportunism, price rise and communalism, made her and her programme 'The Urban Debate' a subject of "appointment viewing".
Apart from these two awards, the Redink awards for excellence in journalism are given in 13 competitive categories to 32 journalists after a process of selection by a jury appointed for each category.
The awards will be presented to the winners at a ceremony here on May 18.
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