On the outset of the event, Mr Arvinder Singh Lovely, Minister of state for education, lit the lamp. The keynote speaker was Dr Arvind Virmani, Chief Economic Advisor, Ministry of Finance. He addressed the question of growth & inflation and the effect of ongoing financial crisis in US on India. Professor Dinesh Singh, Director of UDSC was also present at the occasion.

Day one started with a panel discussion on ‘Indian Economy: Current trends in a global perspective’. The speakers were Prof Shankar Acharya, Mr Anil Bisen and Ms Jyoti Jingdar, and Dr Aradhana Agrawal – HOD, Department of Business Economics. The second session was on ‘Resolution to the price puzzle’ with Prof VR Panchmukhi and Dr Renu Kohli as the panelists.

The second day was titled ‘The Business Analytics Meet’. The chairperson was Mr Manish Mittal, VP and Head of Professional Services, MarketRX Cognizant. He defined analytics as ‘Trying and understanding what is happening in a business’. The next speaker was Mr Raman Uberoi, the Director of CRISIL Ratings. He presented his views on Credit Risk Analysis. He defined credit rating as ‘An opinion on ability and willingness to pay in full and in timely manner all financial obligations’. The next presentation was by Mr Ramesh Krishnan who is the head of Supply-Chain, Pantaloons. He defined supply-chain as ‘the complete movement of materials and information from the source of procurement to the ultimate consumer’. This was followed by an analysis of the US credit crisis – its origins and implications by Dr Samiran Chakraborty, Chief Economist, ICICI Bank.

The next session dealt with Risk Mangement Strategies. On the chair was Mr Sanjiv Dobhal, Regional Head-Corporate Business, HDFC ERGO General Insurance. The first presentation was by Mr Manu Digvijay Singh, Associate Director, Global Markets, Standard Chartered Bank. He enumerated the sources of risk and the types of risk that an organisation may face. This was followed by a presentation on Risk Management by Banks by Mr PK Mitra who is the General Manager, Punjab National Bank. He spoke about the indicators of risk and volatility and various norms and measures that have been taken to protect the banking system against risks though not undermining the current crisis. Next Mr Subhashis Nath, the Executive Director, Axis Risk Consulting shared his experience of the risk management strategies of various organisations.

The Annual Convention ’08 is concluded with a workshop cum presentation on role of Biz-Eco Mangers as analysts in Merger and Acquisition. This final session was conducted by Mr Bratin Biswas, Lead Fixed Income Division of Genpact and his associate Mr Ranganathan Aiyar.

 

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