Speaker Update: Mr. Joseph Massey, Deputy MD, MCX India Ltd. to speak at Samriddhi

Mr. Joseph Massey, Deputy Managing Director, Multi Commodity Exchange of India Ltd. will be speaking on the topic ‘Global Integration of Stock Markets’ on Day 1 of the conference.

Mr. Joseph Massey is the deputy managing director of MCX. A charismatic leader, Mr. Massey heads strategic operations and development initiatives of MCX with an ultimate aim of making MCX the “Exchange of Choice” for all commodity participants.

Mr. Massey has over 18 years of diverse corporate experience and has been associated with leading financial organizations such as Life Insurance Corporation of India, the Reserve Bank of India (RBI), Stock Holding Corporation of India, and the Vadodara Stock Exchange. In his last assignment, he was heading Interconnected Stock Exchange of India—a collaboration of 15 regional stock exchanges—as its managing director.

Mr. Massey has also traveled to various global stock exchanges like the NYMEX, LME, CBOT, CME, NYBOT, CCX, EURONEXT-LIFFE, IPE, NYSE, NASDAQ, Philadelphia Stock Exchange, SEC, CFTC, LSE, Singapore Stock Exchange, and DTC and has brought best practices to India. He has been a part of various committees of FMC, SEBI, and the Government of India on various policy issues related to the development of the commodities and securities market.

In order to share his vast knowledge and experience with the new generation, Mr. Massey is actively involved in the field of education as a visiting faculty at leading institutions teaching primarily on commodities and securities market. Known for his perceptiveness and keen acumen, he has been invited as a speaker to several forums. He has also contributed his articles and views to various national dailies, such as The Economic Times and The Financial Express, and business magazines and journals. He is also on the board of the Methodist Church in India.

Postgraduated in Economics and in Financial Management, Mr. Joseph Masey is a strong believer in continuous learning. He has attended diverse training programs on securities and commodities market at various institutions such as CFTC, the International Law Institute in Washington, Derivatives Instruments at the New York Institute of Finance, and Research Methodology at the RBI Staff Training College.

Speaker Profile: Dr. S Subramanian, Head – Investment Banking, Enam Securities

Dr. S. Subramanian is the Head of Investment Banking at Enam Securities Private Limited.

He has over 20 years of experience in the financial services, during which period he set up and ran equity research at DSP Financial Consultants and the equities broking business at HG Asia Ltd. and UBS Warburg.  In the last 5 years at Enam, Subramanian has lead several land mark transactions including those of ICICI Bank, Reliance Petroleum, NTPC, Suzlon, PNB, Yes Bank etc. in the Indian Capital Markets.

He holds a Doctoral Degree from the Indian Management Ahmedabad.  His dissertation topic was titled “The Impact of Political and Economical Events on Stock Price Behavior.”  During this period, he also studied at ESSEC in Paris under a French government scholarship as an exchange scholar.

His other interests include reading and traveling.  He has delivered several lectures and talks at the Executive Development Programme at IIM Bangalore and conferences organized by Euro Money, Metal Bulletin as well as by Bombay Chamber of Commerce.

Dr. Subramanian will be the keynote speaker for the session ‘Challenges in Corporate Fund Raising’ on Day 2 of the conference.

Paper Presentation Results

A. Sunasir Datta and Pratik Sethi, IIM Lucknow

Topic: Funding of Leveraged takeovers overseas by Indians – problems & issues

B. Rohit Kumar and Anupam Mohapatra, IIFT, New Delhi

Topic: How big is big for the Indian Banks. Assess within the context of opening of Banking sector 2009?

 C. Meenakshi Dawar and Vartika Srivastav, IIM Ahmedabad

 Topic: Public-private partnership for furthering infrastructural growth. Is it the best model?

Congrats!! Winners will be notified by email soon.

We thank all the participants for the overwhelming response. We received a total of 231 entries from across 30 b-schools.

Paper Presentation Results on August 29th.

The results of the Paper Presentation Competition will be declared on 29th August 2007. We have received more than 200 entries from b-schools all over the country. The results will be posted on the blog. Apologies for the delay.

Speaker Update: Dr. S. Subramaniam, Head – IB, Enam Financial Consultants to speak at Samriddhi

Dr. S Subramanian, Head of Investment Banking, Enam Financial Consultants will be the Keynote Speaker for the session on ‘Challenges in Corporate Fund Raising’.

This session on Day 2 (September 9, 2007) aims to bring together finance professionals from different sectors of the economy to talk about the challenges they face in raising funds to meet their expansion/operating plans. What makes a lot of companies go raise funds abroad? What are the legal issues involved?

Official Radio Partner: Radio Mirchi

Radio Mirchi the largest private FM Radio operator in the country in terms of number of operational stations and revenue.

Though Radio Mirchi FM radio stations are located in diverse regions in India it’s been successful in attracting local audiences in each of these markets. This is largely due to a superior understanding of audience preferences, which enables it to provide content customized to the taste, language and culture of the local audience. A track record of developing creative and innovative content or programming formats has helped Radio Mirchi expand and retain its audience and advertisers.

Tune in to Radio Mirchi for regular updates on Samriddhi!!

Paper Presentation – Deadline extended

The last date for the submission of papers for the Cognizant Samriddhi Paper Presentation Competition has been extended to August 20, 2007.

Mail your papers to: samriddhi.paperpresentation@gmail.com

Speaker profile: Mr. N V Ramana, CEO, Basix India

Mr. N V Ramana, born in 1957, is a post graduate in Business Management with specialization in Agriculture from Indian Institute of Management (IIM), Ahmedabad and a graduate in Dairy Technology from National Dairy Research Institute, Karnal. He currently serves as Chief Executive Officer, BASIX group of companies.

BASIX is a new generation livelihood promotion institution established in 1996, working with over 3, 75,000 households spread in 12 states of India. BASIX strategy is to provide a comprehensive set of livelihood promotion services to rural poor households from under one umbrella. This includes provision of micro financial, agricultural/business development and institutional development services. It is also a leader in application of risk mitigation mechanisms including micro insurance services like life, health, livestock and rainfall insurance for the rural areas.

He joined BASIX as Sr.Vice President (Strategic Initiatives), provided guidance to new initiatives in livelihoods and on commercial ventures in various sub-sectors in BASIX group. Anchored Business Development for the Group Companies. Served as Managing Director of Krishna Bhima Samruddhi Local Area Bank (KBSLAB). The bank has micro savings, bank on wheels and other deposit based insurance services in the under banked areas. Bank has done innovative micro credit in Small & Medium Scale Enterprises & Agro businesses. Successfully introduced weather derivatives (Rainfall Insurance) in the market through KBS Bank for risk mitigation of the small dry land farmers in AP. Furthermore, as Director, Indian Grameen Services (IGS), research and development company of the BASIX group. Most recently, serving as Managing Director, Bhartiya Samruddhi Finance Limited (BSFL) which is the flagship company of BASIX Group and also Managing Director of Bhartiya Samruddhi Investments and Consultancy Services (BASICS Ltd.) which is the holding company of BASIX Group.

Prior to BASIX, he was associated with ITC group for over two decades at various levels of management in the areas of procurement, commodity trading, processing, marketing and exports of agricultural commodities. Has vast experience in developing & implementing Agro business and projects.

Diamond Sponsor: Cognizant Technology Solutions

presents

Samriddhi – Financing India’s Development
September 8-9, 2007. Majorda Beach Resort
a finance conference organized by Goa Institute of Management in association with the Confederation of Indian Industry.

About Cognizant Technology Solutions:
Cognizant (NASDAQ:CTSH) is a U.S.-based global IT services and business process outsourcing solutions provider headquartered in Teaneck, N.J. Cognizant was founded in 1994 as an IT development and maintenance services arm of The Dun & Bradstreet Corporation. The company was spun-off as an independent organization two years later. Since 1996, Cognizant has worked closely with large organizations to help them build stronger, more efficient, and more agile businesses.

By emphasizing its strengths in close customer relationships, highly flexible operations, seamless global delivery culture, and deep knowledge of companies and markets, Cognizant helps its customers achieve better bottom-line results and delivers a better “return on outsourcing.” Cognizant was one of the first major offshore companies to organize its services around key industry verticals and horizontals and is able to deliver deep domain expertise to its clients.

From its founding, Cognizant was built with a global mindset. Today, this heritage has provided Cognizant with a significant market advantage. Because customers see globalization as a key element to their future success, they seek partners who can help them succeed in this journey. Being born global, Cognizant is a uniquely qualified partner for these clients.

Key Highlights

• Unique blend of over 40,000 technical and domain specialists
• Strong relationships with 400+ active customers worldwide
• Enhanced domain focus through subverticalization
• More than 90% of annual revenue from existing clients
• Proactive solutions offerings for improving operational efficiency, complyingwith industry regulations, and improving customer service levels

Venue: Majorda Beach Resort

The venue for Samriddhi 2007 has been finalized as Majorda Beach Resort. It is a 5-star deluxe hotel situated on a 26 km stretch of soft white sand in South Goa. It is 15 minutes from Dabolim International Airport and 10 minutes from Margao Railway Station.

Paper Presentation Competition

The Paper Presentation contest organized as part of Samriddhi seeks to encourage students from the various management institutes of the country to offer perspectives and probable solutions to the oft debated current issues in the financial sector. It provides the students a platform to voice their views and an opportunity to network, compete and grow with the best. The topics have been chosen to serve as supplements to the session themes and offers varied areas of interest for students to work in.

The topics for the Paper Presentation contest are:

1. Public-private partnership for furthering infrastructural growth. Is it the best model?

2. Funding of leveraged take-overs overseas by Indians – problems and issues.

3. Fortune at the bottom of the pyramid – myth or reality for Indian banks?

4. Emergence of Hedge funds in India. What are its implications on the Indian Capital market?

5. How big is big for the Indian banks? Assess within the context of opening of the banking sector in 2009.

The prize money distribution is as follows:

1st Prize : Rs.15,000

2nd Prize : Rs.10,000

3rd Prize : Rs.5,000

Important dates:

• Last date for submission of Paper: 15th August, 2007
• Announcement of the top 3 selected papers for presentation: 25th August, 2007
• Final Paper Presentation: 9th September, 2007

Speaker Profile: Mr. Shivendra Sharma, ED, PlaNetFinance India

Mr. Shivendra Sharma is an expert in microfinance and has strong skills in total quality management, process management and microinsurance. He is, moreover, editor in chief of Small Change and is an Executive Director of PlaNet Finance India, from 2003.

Shivendra Sharma worked as a project manager on several infrastructure projects with Technip Group for 4 years after having worked for several investment and financial consulting firms in India. He developed an interest for the ICTs and managed several industrial projects in this domain.

Mr. Shivendra is a project management professional with many years of experience in implementing infrastructure development and technology projects. An MBA in Finance with strong understanding of the concepts of Corporate and Investment Banking and a technology enthusiast with a keen interest in the application of technology for equitable distribution of knowledge, he has been involved in the implementation of the European’s Commission’s ASI@ITC project in India, Nepal and Pakistan since the last two years and has traveled extensively spending time in villages across India and Nepal to understand the operations of microfinance institutions and finding ways of increasing access to ICTs and microfinance in these areas. He has a passionate conviction that ICTs synergized with microfinance can bridge the digital divide and relegate poverty to where it belongs.

Microfinance Session

presents

‘Empowerment through Microfinance’
Session III, Day 1, Samriddhi 2007

Taking into account the focus on ‘inclusive growth’, this session aims to highlight the role played by Microfinance in empowering the rural population. Not limiting themselves to microcredit what more these institutions are doing. How the banks are getting involved? Also about the use of technology (smart cards etc) and risk management in this sector.

Speakers:

• Mr. Shivendra Sharma, ED, PlaNetFinance India
• Mr. N V Ramana, CEO, Basix India
• Mr. Suresh Krishna, COO, Grameen Koota

About PlaNetFinance:

PlaNet Finance is an international non-governmental organization (NGO) that aims to alleviate poverty worldwide through the development of microfinance. PlaNet Finance, organization of international solidarity specialised in microfinance, supports these financial intermediaries and increases their growth by federating them and providing operational services which enable them to strengthen their technical capacities and financial resources.

Every year, PlaNet Finance supports several millions of microentrepreneurs via programmes in near 60 countries around the world with a network of international permanent implantations.

Through its various service lines, the organisation strives to meet the whole needs of a still-growing sector, in order to accomplish its objective of a financial sector open to all:

• at the centre of PlaNet Finance’s activity, technical assistance allows to strengthen the capacities of the actors from this sector (MFI, banks, governments, professional networks) and of the microentrepreneurs themselves,
• through its financing offer and financing consulting in debt, PlaNet Finance allows to increase credit lines and current MFIs’ growth,
• through the MFIs rating, PlaNet Rating takes part of the global transparency of the sector,
• with MicroCred, the organisation meets the demand in financial services from the poorest thanks to the creation of a Microfinance Institutions network

Official Banquet Partner

Presenting the Official Banquet Partner Scheme.

The Banquet on Day 1 of the conference will be at a premium five star hotel in Goa (venue to be decided soon!!) with over 100 delegates and 150 students expected to attend in addition to the high-profile speakers.

Being the official banquet sponsor provides an ideal opportunity for sponsors to make a lasting impression in a relaxed and comfortable setting. We also have the option to customize the scheme based on your requirements.

 For a copy of the proposal please mail to samriddhi07@gim.ac.in quoting your name, company and desgination.

Speaker Profile: Mr. Rajnikant Patel, MD & CEO, BSE Ltd.

Mr Rajnikant Patel
Managing Director & CEO
Bombay Stock Exchange Ltd.

Mr. Rajnikant Patel joined BSE as Director – Surveillance & Inspection in March 2001, and was elevated to the position of Chief Operating Officer, in May 2003 and was also given the additional responsibility as Chief Financial Officer. He was appointed the Executive Director & CEO of the Exchange in September 2004 and became the Managing Director & CEO after the Corporatisation of BSE.

Mr. Patel is a M.Com and also holds an LLB degree with additional qualifications in CAIIB (I), Certificate in Banking, Certificate in Treasury & Forex Management- ICFAI.

Since, joining BSE, Mr. Patel spearheaded various initiatives and measures for the Surveillance Department, which led to the Dept. being awarded the prestigious ISO 9001:2000, an achievement which makes BSE the first exchange in Asia and second in the World to obtain such a certification.

An accomplished banker, Mr. Patel had a long stint with the banking regulator, The Reserve Bank of India and had also worked with BNP PARIBAS. He has represented BSE and Indian capital market at various forums like US Securities & Exchanges Commission (SEC), Washington, and at the MIT, WFE (World Federation of Exchanges), USA, World Superbowl of Indexing etc.

He is a member of the Working committee of the World Federation of the Exchanges (WFE), Chairman of South Asian Federation of Exchanges (SAFE), Member of the Committee on Corporate Governance constituted by Confederation of Indian Industries (CII) & Indian Merchant Chamber (IMC), Member of various committees of Securities Exchange Board of India (SEBI), Inter-Exchanges Groups & Indian Management Association (IMA).

Bombay Stock Exchange Limited (BSE)

Bombay Stock Exchange Limited (BSE), the oldest exchange in Asia, has evolved over the years into its present status as an icon among its peers. Its proud 131-year history combined with its base of electronic communications and processing knowledge has made it a formidable institution.

BSE became the first exchange in India to become truly demutualised by offering stake to a wide range of institutional and individual investors, on August 19, 2005. The corporatisation of the Exchange will enable BSE to further expand the scope of business and pursue innovations on products and processes with renewed vigour.

BSE has always been on par with the international standards. BSE offers a large variety of products for trading in the securities market. An investor can choose from 4,687 listed companies. For the easy reference of investor, companies are classified into A, B1, B2, and Z groups.

Over the past 130 years, BSE has also facilitated the growth of corporates by providing them with an efficient access to resource mobilization. There is perhaps no leading corporate in India, which had not sourced BSE’s services in raising resources from the capital market.

Today, BSE stands tall – an image of the iconic stature of the Exchange in the Indian Capital Markets. Drawing from its rich past and its equally robust performance in the recent past, BSE will continue to remain an icon and an indicator of the Indian securities markets.