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Day 2 at Intaglio 2005: McKinsey talk

Day 2 at Intaglio, the international B-School meet at IIM Calcutta presented a huge line up of dignitaries.

In the afternoon Mr. Naushir Kaka and Mr. Vipul Tuli, partners, McKinsey & Co held the audience, comprising not only students but also faculty members, enthralled when they delivered speeches on “Extending India’s Leadership of the Global IT & BPO Industries” and “Securing India’s Energy Needs ” respectively.

Mr. Kaka pointed out that there is a huge scope of growth for the Indian IT industry but wondered how to make it sustainable in the long run. He stressed on the importance of innovation in all arenas and pointed out that consumer demand has also shifted from quality and service to innovation. According to him freedom of trade of services, liberalization of education and augmentation of urban infrastructure are the key measures to be pursued.

Mr. Tuli pointed out how the risk profile of a company changes as the composition of demand for fuel changes over time. He pointed out the advantages, disadvantages and scope of relying on each of coal, gas and oil. He stressed on the fact that trade stability is warranted by both consumers and producers. He suggested the following measures for security in energy needs: deregulation of coal sector, strengthening the logistics and national oil companies, creating regional energy partnerships, focusing on technology research and enabling unified government response.

The students from various international and national institutes also had a great time participating in a number of intellectually stimulating management games. The results of Day 2 events were:

Philips Sound of Music
1st - NUS, Singapore - Kazuhiko, Ryan Mbagaya, An Li Shin
2nd - IIMA, Saugat Tripathy, Sushant Khainar, Sucheta Mahapatro
2nd - XLRI - Mansi Bhatnagar, Siddharth Nagpal

Philips Clash of Titans
1st - IIMC - Chetan Anand Manikonda, Chirayu Wadke, Hariharan K
2nd - IIMB - Nikhil Dhingra, Louie Mathew
3rd - IIMA - Arun Devnathan, Ajeeta Yadav
3rd - IIMC - Selot Saket Arun Kumar, Saurav kr. De, Siddharth Sircar

ITC State of Affairs
1st - IIMA - Siddhartha Srivastava, Aswin Prasad, Snigdha Vangapally
2nd - IIT Kgp - Pranab Sharma, Prachi Phadnis
3rd - IIMC - Prem Prakash, Kshitij Goel, Abhishek Pal