CNBC-TV18 & ING Vysya Mutual Fund host CFO Brainstorm

Mumbai, August 24, 2005: CNBC-TV18, the country’s premier business channel and ING Vysya Mutual Fund, the world’s fourth largest integrated Financial Services provider jointly presented the CFO Brainstorm on ‘Treasury Management in India: Scope for Aggression’ today in Mumbai.

The discussion brought together financial experts, top influencers and luminaries, as well as renowned experts from the banking and related fields like Deepak Sogani, CFO, Patni Computers, Ajay Mahajan, CFO, YES Bank, Seshagiri Rao, Director Finance- Jindal Iron & Steel Co, B Jaju, CFO of Crompton Greaves, Kaushik Chatterjee, VP – Finance, Tata Steel , R. Venkatachalam, Director of Finance & CFO, Leela Hotels, Mike Ferrer, Regional General Manager, ING Asia Pacific who discussed whether monetary reserves of banks and other financial institutions are being put to effective use.

Indian banks and companies have between them, a considerable amount of monetary reserves accumulated owing to the rising levels of personal wealth and increased profitability of corporate entities. A surplus of investment opportunities still exists in the market for investors. This is despite the fact that new mutual fund offerings like floaters, dividend yield funds or even real estate funds are flooding the market.

The CFO Brainstorm on ‘Treasury Management in India: Scope for Aggression’ attempted to understand whether CFOs and treasury heads have been truly successful in making the most of the funds accumulated by the financial institutions. This highly interactive discussion delved into whether corporate India and the nation’s 300+ banks are doing justice to their shareholders and the Indian economy by exploring newer investment alternatives, the opportunities that this environment presents and the challenges faced by treasury managers and CFOs at these times.

Speaking at the forum, Kaushik Chatterjee, VP – Finance, Tata Steel said “In the challenging global scenario, the timing for raising funds for a company is as important a challenge for a CFO as managing the surplus funds and protecting the capital.” Seshgiri Rao, Director Finance- Jindal Iron & Steel Co added that the role of a CFO has changed from just minimizing risk to maximizing opportunities.

Summing up the entire scenario, Ajay Mahajan, CFO – YES BANK said, “The accent has been increasingly on risk management and awareness on the same has improved over the years among several company boards. In an increasingly growing economy, with global influences Indian companies need to improve their understanding about risk management in addition to being aware of the international financial markets that they would be exposed to.”

About CNBC-TV18:

CNBC-TVI8 is India's No.1 business medium. CNBC Asia Pacific holds a strategic equity stake in the Indian registered broadcaster; Television 18. CNBC-TV18 is the undisputed leader in the business. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. CNBC-TV18 is currently available in over 26 million households in India.

For further information contact:

Glen D’Souza/Janice Goveas/ Lorraine Correa Hanmer & Partners

98214 14845/ 98193 16878/ 98198 900935

Latest Reads
Star Plus unveils new look, Alia Bhatt as brand campaign face

MUMBAI: Star India is continuing to glitter, what with a successful IPL season just concluding. And just as the IPL finale was underway, it unveiled a new look for its lead general entertainment channel Star Plus. Not only does it have a new red logo but it also has a new tagline - Rishta wahi,...

Television TV Channels GECs
Raj TV aims to climb ratings chart with 5 new primetime shows

MUMBAI: Tamil general entertainment channel (GEC) Raj TV has given the channel a makeover by introducing five new shows in its primetime starting today, 28 May. The five new fiction shows will air between 7 pm to 9.30 pm starting with Kadal Kadanthu Udhyogam followed by Gangadharanai Kanoam at 7....

Television TV Channels Regional
Arnab Goswami to lead IPL finale debate on Star Sports

MUMBAI: Prior to the IPL finale, viewers will witness an interesting debate led by Republic World co-founder, MD and editor-in-chief and TV most prolific face Arnab Goswami. The theme of the debate is who will win the world’s toughest finals? The show will see cricket experts led by team Dean...

Television TV Channels Sports
MNX launches Super League chatbot

No one can ignore India’s crazy love for cricket, including English movie channels. MNX, the new age Hollywood channel for young India launched the very innovative MNX Super League chatbot, an interactive avatar of its TV show ‘MNX Super League’ on Facebook.

Television TV Channels English Entertainment
Porus reaches 10 Asian countries

MUMBAI: Porus is travelling internationally. The mythological show being aired on Sony Entertainment Television has made its entry in Malaysia, Vietnam, Cambodia, Brunei, Laos and Myanmar through JKN Global Media and in Indonesia with Soraya Intercine Films. Porus is now being watched in 10 Asian...

Television TV Channels GECs
India News Manch - Modi Sarkar Kitni Asardaar? India News Conclave to Analyze Modi Government’s Four Years in Power

India News, known for its direct and unbiased brand of journalism, is all set to host a special conclave Manch – Modi Sarkar, Kitni Asardaar? (How Effective Has the Modi Government Been?) in New Delhi on Friday, May 25, 2018. The day-long event will present a comprehensive overview of the BJP...

Television TV Channels News Broadcasting
How relevant is the age old Lakshman Rekha in today’s times; questions &TV with Mitegi Lakshman Rekha!

Ravan’s abduction of Sita highlighted the consequences of crossing the ‘Lakshman Rekha’ for generations. However, with the talks of gender equality, women’s liberation and financial independence, amongst others, being the topic of global discussion, how relevant is this ‘Lakshman Rekha’ in today’s...

Television TV Channels GECs
Zee Anmol most watched channel across genres

BENGALURU: Zee Entertainment Enterprises Ltd (Zeel) free to air (FTA) Hindi GEC Zee Anmol has reached the realm that has been normally occupied by the Sun TV Network’s flagship Tamil GEC Sun TV or by one of the Hindi channels that has been airing the Indian Premier League. What is remarkable is...

Television TV Channels Viewership
Star India mulls adding VR to PKL 6

MUMBAI: Star India is taking the Indian Premier League (IPL) experience to other sports. After a phenomenal reception for using virtual reality (VR) in IPL 2018, it is diversifying into Pro Kabaddi League (PKL) season six.

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories