Narayana Murthy, Founder, Infosys Ltd and Founder, Catamaran Ventures expresses his concerns about board governance in India and offers solutions at AIMAs 47th National Management Convention. The main source of corporate scams, according to Mr Murthy, is moral weakness and incompetence of the chairman of the board in the companies where scams happen. According to Infosys founder, the biggest challenge in corporate governance is the agency cost, i.e. the cost incurred by management to meet the shareholders objectives.
T V Narendran, CEO & Managing Director, Tata Steel Ltd in conversation with Harsh Pati Singhania, President AIMA and Director, J K Organisation and Vice Chairman & Managing Director, JK Paper Ltd discussing how picking up early warning signal made a big difference and how continiously picking up early signals is important.
Shereen Bhan, Managing Editor, CNBC-TV18; Amitabh Chaudhry, Managing Director & CEO, Axis Bank; Chandra Shekhar Ghosh, Managing Director & CEO, Bandhan Bank; Hemant Kanoria, Chairman, Srei Infrastructure Finance Limited discuss the need of reformation for Indian Banking system. A wealth of fresh capital is urgently required by banks, NBFCs, HFCs and insurers to ensure confidence in the system, once moratorium and loan and interest repayment is called off.
Rajdeep Sardesai, Consulting Editor, India Today Group; Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, London. As the geopolitic and world economic order lean towards protectionism, India must go by compatibility of disposition and show leadership in shaping a new world order.
Nayantara Rai, Chief of Delhi Bureau, ET-Now; Rajnish Kumar, Chairman, State Bank of India; Sanjiv Mehta, Chairman & Managing Director, Hindustan Unilever Limited and Sanjiv Bajaj, Chairman and Managing Director, Bajaj Finserv Ltd discuss that while India's economy is down with the flu, it has presented an opportunity to renew its economy by moving forward with radical ideas that induct digital technologies, into India's healthcare, education, energy and retail sectors.
Dr Harry G Broadman, Partner and Managing Director, Chair, Emerging Markets Practice, Berkeley Research and Sanjay Kirloskar, then President, AIMA and Chairman & Managing Director, Kirloskar Brothers Limited feel that India has all the ingredients to compete with China but it has plenty of work to do.
Claude Smadja, President, Smadja & Smadja Strategic Advisory and Former Managing Director, World Economic Forum and Sanjay Kirloskar, then President AIMA discussing how the Covid situation has resulted in recession and shrinking of the global economy, and the need to ensure that we do not shift into a situation of deflation.
Amitabh Kant ? CEO, NITI Aayog, GoI with Sanjay Kirloskar, then President AIMA and Chairman & Managing Director, Kirloskar Brothers Limited opines that the challenge is to do things intelligently - important components for the way forward shall be data Infrastructure, research and development, computing and adoption.
In his keynote address, Kumar Mangalam Birla, Chairman, Aditya Birla Group, speaks about shaping the emerging global economic order.
In a panel discussion on Indias Economic Transformation for Sustainable Growth, panelists discuss how Indian proven technical and management talent assures high-quality work for global production and innovation. They also emphasise how India could do more to enable companies to feature in its growth story.
Speakers Sanjiv Mehta, Chairman and Managing Director, Hindustan Unilever Limited; Sanjiv Singh, Chairman, IndianOil Corporation and Sanjiv Bajaj, Managing Director, Bajaj Finserv, deliberate on how fintech is changing banking and finance and how the existing leaders are responding to this change. Vikram Chandra, Founder, Editorji Technologies is the moderator of the session.
Lord Karan Bilimoria CBE DL, Chairman, Cobra Beer Partnership, speaking at AIMA's Diamond Jubilee National Managemnet Convention, said that focus on health, education and entrepreneurship will lead India to greater heights. Cobra Beer's disruptive success is a lesson for Indian entrepreneurs.
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