Friday, October 30, 2009

BWI: naseba Announces Post Event Coverage of CFO Strategies India Forum on NDTV Profit on 31st Oct and 1st Nov 2009

Press release from Business Wire India
Source: naseba
Friday, October 30, 2009 04:35 PM IST (11:05 AM GMT)
Editors: General: People; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Media & entertainment; Technology
naseba Announces Post Event Coverage of CFO Strategies India Forum on NDTV Profit on 31st Oct and 1st Nov 2009

Bangalore, Karnataka, India, Friday, October 30, 2009 -- (Business Wire India) -- One of India's leading 24-hour business channels, NDTV Profit, will telecast a 30-minute feature on the 3rd Annual CFO Strategies India Forum organized by naseba earlier this month in Mumbai. This post event coverage will be telecast on Saturday, 31st October 2009 at 5:30pm IST and repeated on Sunday, 1st November 2009 at 12:30pm IST.

The 2-day forum hosted by naseba, a global business information company, at the Hyatt Regency in Mumbai on October 12-13, 2009 brought together over 100 high-profile finance, accounting, and IT professionals from India's leading companies in a knowledge sharing and business networking environment.

"We are proud of hosting the third annual of CFO Strategies India Forum. We believe that such events are an ideal platform to derive strategic insights from industry experts, discuss the latest trends, and explore opportunities in the changing economic environment. We thank all our participants, speakers, and moderators for their continued involvement and support that made this forum a grand success. We look forward to organizing more events for CXOs in India," said Mohammed Saleem, General Manager, naseba.

Major corporations including KPMG in India, SAP, CARE Ratings, Greater Zurich AG, Zycus Inc., and Sybase Software India partnered with naseba to showcase their solutions at the third annual of the CFO Strategies India Forum.

"Our partnership with naseba for the CFO Strategies Forum gave us an opportunity to interact with key decision makers from India that were seeking practical insights on IFRS convergence. The Forum gave us an opportunity to share insights on IFRS implications for individual sectors of the economy and share our experience in assisting India Inc. to embrace the accounting framework that will change the way financial reporting is done in the country," said Jamil Khatri, Head - Accounting Advisory Services, KPMG in India.

The forum highlighted the latest trends and discussed crucial issues of importance to the industry with informative keynote addresses, knowledge sharing workshops on International Financial Reporting Standards (IFRS) and risk management; and interactive panel discussions on corporate governance, risk management for CFOs, and the evolution of financial reporting standards.

Jamil Khatri, Head - Accounting Advisory Services, KPMG in India conducted exclusive workshops on IFRS adoption and implementation, and the key technical issues associated with IFRS convergence. Professor N. Balasubramanian of the IIMB Centre for Corporate Governance, IIM Bangalore delivered a keynote on 'Addressing challenges to good corporate governance' and emphasized on improving corporate democracy capabilities, overcoming systemic and institutional inadequacies, and expediting regulatory enforcement.

In his keynote session on 'Rating beyond numbers,' D.R. Dogra, Managing Director, CARE Ratings stressed on an approach to credit rating beyond numbers and financial models with emphasis on management policies, business fundamentals, operational parameters, industry characteristics, and past and projected financial risk. He also stressed on viewing accounting practices minutely including giving importance to due diligence with auditors and bankers.

Marcus Cajacob, VP International Affairs, Economic Promotion Canton Schaffhausen presented the opportunities of diversifying risk and reducing costs by investing in Europe. Aatish Dedhia, CEO and Founder of Zycus Inc., impressed on the audience the relevance of procurement as a key profit driver in today's economic scenario and the importance of strategic sourcing for rapid cost savings. Sanjay Deshmukh, Vice President - Business User SAP, Indian sub-continent spoke on Enterprise Performance Management to drive financial and operational performance to improve organizational agility.

Dr. Paritosh C. Basu, Group Controller, Essar Group, spoke on emerging imperatives for CFOs and the approach for cost management and control. Rajeev Wagle, Group CFO, UTV Group, stressed on the CFO's dynamic role in sustaining a corporation's financial performance and provided guidelines for managing and ensuring optimum liquidity.

Abraham Mathews, CFO, Infosys BPO addressed the audience on 'Looking beyond your corporation for re-allocation of efficient resources.' His address delved on the challenges for Indian companies, the strategic role of outsourcing for effective resource allocation management, realizing strategic resource allocation using 'Business service centre' and concluded with an overview of 'Business service centre' implementation.

Other notable speakers and moderators included:

-- S.S. Ranjan, Deputy Managing Director & CFO, State Bank of India
-- Sanjay Jain, CFO, Tulip Telecom
-- Rajesh Magow, Co-founder & CFO,
-- Anurag Mishra, Former Managing Director, Konkan Railway
-- B.L. Taparia, Company Secretary & Head of Corporate Services, Ambuja Cements
-- Madhavan Ganesan, Chief Commercial Officer, Reliance Retail
-- D.K. Sundar, Executive Vice President - Finance & Legal, Rallis India
-- Dr. M.P. Agarwal, CMD, Lakshmi Cotsyn Limited
-- Manoranjan Sharma, Chief Economist and DGM, Canara Bank
-- Anuradha Das Mathur, Founder & Director, 9.9 Media moderated the panel discussion on 'Risk management for CFOs'

For more information on naseba's recently concluded 3rd Annual CFO Strategies India Forum, please visit:

About naseba

naseba (Euronext Paris: MLNSB) is a publicly listed business information company that produces, promotes and hosts upper level executive B2B congresses and forums across twenty-six industries on five continents. Each event is focused on re-education, networking, but most importantly, deal flow opportunities for all attendees. Whether the 'deal' is capital raising, vendor sales contracts, or purely sourcing strategic partner each naseba platform gives our clients the perfect opportunity to do business. Since inception in 2002, naseba has organized over 300 business events, and has opened four offices strategically located throughout the world - Bangalore, Dubai, Cairo, and Monaco. For more information please visit:

Chirayu Parikh, naseba Communication Pvt. Ltd., +91 (80) 30222015,


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