Category: Events

Manthan – Finance Summit Manthan – 2012

Manthan – Finance Summit Manthan – 2012, The first edition of the finance summit of IIM Kashipur was held on Saturday, 11 February 2012. The event witnessed mix of eminent industry personalities from the field of finance, academia and students on a platform to put forward their view on ‘Global financial crisis and impact on Indian businesses’. Mr. Anand Sinha, Dy Governor, RBI delivered the keynote address. Dr. Devi Singh, mentoring director IIM Kashipur and Director IIM Lucknow and Mr. Saurabh Bhat, president and managing director, corporate finance, Yes Bank addressed the gathering. Veteran professionally from various banks such as Union Bank, State Bank, Yes Bank and IDBI Bank to name a few constituted the audience. Opening the event, Dr. Devi Singh was enthusiastic about the event and appreciated the student’s keen thirst for knowledge and efforts towards organizing the event. Dr. Devi Singh opined upon the debt driven open ended growth strategy of the U.S. as having its own perils and one of the key causes of the financial crisis. He also mentioned that unless growth picks up, debt bonds are restructured and fiscal tightening is exercised, giving financial props will not go a long way towards mitigating the impacts of the financial crisis. For the students of the Institute looking forward to a career in finance, Dr. Singh underlined the significance of understanding the core economics behind the increasingly complex financial world. Mr. Saurabh Bhat, in his address spoke richly on the impact of the global crisis on India’s Banking and SME sectors. Mr. Bhat mentioned the three channels of influence of the global crisis being the trade channel, the finance channel and the confidence channel. The impact of rupee volatility on SME’s was also iterated, which is specially magnified in the absence of liquidity and capital availability Mr. Anand Sinha in his keynote address spoke extensively on the buildup of the global crisis and its causes. Speaking directly to the students of finance, Mr. Sinha mentioned the frailty of financial models and how they cannot incorporate the irrationality of human behavior. Mr. Sinha also provided a detailed and granular breakup of the financial crisis, its causes and impacts on India which proved to be a great value add for the students and guests from industry alike. The keynote address was followed by corporate dinner with an electrifying level of interaction amongst the guests. Many students of the institute with entrepreneurial ambitions found priceless advice and words of wisdom from their interactions with the guests over dinner. Many guests expressed their delight while attending the event, the first of its kind in the region, and affirmed their positive response and participation in such events organized by the institute going forward.

Samanvaya – HR Summit

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Samanvaya 2011 – first edition of the HR Summit of IIMKashipur, was held on December 15th 2011. The event witnessed a congregation of eminent industry personalities in the field of HR, academia and students onto a platform to put forward and discuss their views on ‘Aligning Employee goals with corporate vision’. The discussion revolved around on how to ensure employee engagement and motivate employees to align their respective roles with the mission, vision & goal of the organization. Mr. Aquil Busrai, CEO-Aquil Busrai Consulting and Former HR Director of IBM, delivered the keynote address. Dr Devi Singh, Mentor Director-IIM Kashipur and Director-IIM Lucknow, Prof. Roshan Raina, Dean-IIM Lucknow and Prof Manoj Anand, Convener-IIM Kashipur taskforce, addressed the gathering. Veteran HR professionals from Dabur, Tata Motors, HP, Videocon, IDBI, APC, Titan, IGL, to name a few, constituted the audience. Mr. Aquil Busrai, in his keynote address, shared his views that Attraction, Retention and Training (ART) as the key ways to improve employee engagement and align their goals with the corporate vision. Mr. Busrai put forth the idea of ‘Take My 40 Hours’ as an initiative by the industry persona to spend 40 hours in an year, an equivalent of 5 working days, on a business school campus to give the required inputs to nurture the future leaders. Talking of retention, he shared an instance where 30% of employees leaving a company gave the reason of poor growth prospects, while a same fraction of people staying with company said it’s for higher growth prospects. The keynote address was followed by corporate luncheon, buzzing with an electrifying level of interaction amongst the guests. Thereafter, in the panel discussion that ensued had Mr. R S Yadav, VP-HR, IGL and Mr. Atul Asawa, VP, Flexituff as the panelist’s who shared their insights and experiences on employee engagement. Many guests expressed their delight while attending the event, first of its kind in the region, and affirmed that this first step will go a long way in benefitting the industries, especially of Uttarakhand and UP.