I.T.S Ghaziabad Organized Two-Day National Seminar on Managing Finance during crisis
February 08, 2014
Institute of Technology & Science, Ghaziabad organized a two-day National Seminar at its Mohan Nagar campus. The Seminar took of in the morning of 7th February, 2014 and ended in the evening of 8th February, 2014. The Seminar was organized in the area of Finance. The theme of the Seminar was ‘Managing Finance during crisis. The first day of the Seminar was devoted to the research paper presentation by the researchers from industry and academia. Two dozen research papers were selected for publication out of total six dozen research papers received. All the selected research papers were published in a book which was released in the inaugural session of the second day of the Seminar. The first day of the Seminar was inaugurated by renowned professor of Lal Bahadur Shastri Institute of Management, New Delhi. In his inaugural address, he presented the nitty-gritty of financial crisis in an interesting manner.
The focal point of this Seminar was 60 delegates from 35 different countries who whole-heartedly participated and enjoyed discourse on various aspects of Indian financial system.
The second day of the Seminar was devoted to the discussions by the industry captains in different technical sessions. This day observed extensive discourse on understanding nuances of and required skills needed for making Indian financial system robust. Mr Rajesh Gulati, President, Hero Motors was the Chief Guest, Mr Ravi Prasad, Director, NHAI, Govt. of India was the key-note speaker and Mr. Rishi Raj Singh, Director, NIESBUD was the Guest of Honor.
In his welcome address, Director General of I.T.S, Prof Shekhar Ghose express happiness over the presence of delegates particularly 60 representatives of 35 different countries. Expressing his views on Indian Financial System, he said during 2008 meltdown, India was least affected; reason being its robustness via wide regulation. What should be done to prevent sporadic crippling of our economy by frequent attack of crises would be the focal point of discussion during technical sessions of the day. He hoped the delegates will certainly enrich their knowledge on Indian financial system.
In his Inaugural address, Chief Guest Mr Rajesh Gulati present a blueprint of the working of Indian Government, industrial houses and management institutions to make India fastest growing economy of the world. He was of the opinion that financial system gets robust by the progressive thinking of the policy-makers. Not only this, the growth rate also much depends on the working style of the Government. Fast and feasible policy making brighten the financial system and thereby the benefit reaches to even last man and also enriches the creditworthiness on the global platform.
In his keynote address, Mr Ravi Prasad talked at length the role of infrastructure and its finance management to speed up the growth of economy.
Guest of Honor, Dr Rishi Raj Singh presented a bird’s eye view on financial crises happening from time to time.
The theme of the first technical session was ‘Crisis management in financial services’. In this session, Mr Gursharan Rai Bansal, Sr VP, UTI Asset Management, Mr Ashutosh Chaturvedi, VP Bonanza Capital and Mr Dayanand Koushik, AO, LIC were the eminent speakers. Speakers discussed at length the challenges and opportunities of management of financial services.
The theme of the second technical session was ‘Financial crisis in Real Estate Sector’. In this session Mr Zafar, Sr VP Upal Group and Mr Amarendra Kumar, PNB Housing Finance were the speakers. They discussed about the working of real estate sector and were of the opinion that there was no crisis in this sector, it is just demand and supply mismatch.
Third session was panel discussion. The theme of the panel discussion was ‘Indian financial system in global context’. Mr Vikas Gupta, Delivery Head, RBS, Mr Vikas Arora, VP, Yes Bank, Mr Manoj Kumar Sabat, AVP, IL & FS Energy and CA Aman Chugh were the panelists. Panel discussed the nitty-gritty of Indian Financial System vis-à-vis global financial system.
In the Valedictory Session, Dr Namita Srivastava, Ministry of Statistics and Program Implementation, Ms Neelam Raghav & Ms Tanu Khare Srivastava, ABES Ghaziabad and Dr H S Shyam, Sharda University were given away the first, second and third cash prizes respectively. In a separate student category, Ms Priya Khare, ITS Ghaziabad, Mr Navdeep Singh, ITS Ghaziabad and Mr Ravi & Ms Manya, ITS-IM Greater Noida got trophies of first, second and third prize respectively. All paper presenters also received certificate of the same effect.
Prof Anusha Agrawal was the convener and Prof Manju Lamba was the co-convener of the Seminar. Seminar ended with the concluding remark and vote of thanks by Director-Management, Prof( Dr.) B S Hothi.
Including 60 delegates from 35 countries about 250 people from industry and academia participated in the Seminar.