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India Business Conference 2009 - Columbia Business School
 Discussion Panels
India - US Economic Synergy: A Two Way Street
From Start to Finish: Lessons from Entrepreneurial India
Media: Why the Slumdog Matters
Indian Capital Markets : Delivering through De-levering
New Social Enterprise: Engines of Growth in Uncertain Times
Opportunities in the Pharmaceuticals Space
Ethics: Climbing Up the Value Chain

:: India - US Economic Synergy: A Two Way Street ::
Speakers: Dr. A.M. Gondane, David P. Good, Rajesh Sinha and Madhu Vuppuluri
Panel Moderator: Ranjana Khanna
Panel Co-ordinators: Abhinav Poddar

India and the US have multi-faceted relations ranging from political, strategic to economic and commercial. Bilateral investments and trade constitute the basic core of the economic synergy between the world's largest economy and the second fastest growing economy. The US corporate sector is the third  largest foreign direct investor in India . While US companies across sectors have looked at ‘Opportunity India,', the Indian global companies have reciprocated, bringing great inputs into the American market - excellent products and world class management practices, across sectors: from Pharmaceuticals to Healthcare, to information technology and engineering services, luxury hotels to gourmet foods, manufacturing of steel, tractors and heating and cooling systems etc. The global companies from both USA and India have grown across geographical boundaries, synergizing their core competencies.

:: From Start to Finish: Lessons from Entrepreneurial India ::
Speakers: Atul Nishar, Sujit Banerjee, Venetia Kontogouris, Kapil Viswanathan and Prashant Agrawal
Panel Moderator: Prof. Amar Bhide
Panel Co-ordinators: Divya Reddy and Rajeev Nair

We are in the middle of a global recession. Opportunities have dried up. Obstacles mushroom everywhere. The proverbial light at the end of the tunnel seems nowhere in sight. Or so it seems. The Indian entrepreneur has seen it all before and is here to share with you their stories of persistence, fortitude and ultimate success. Our panelists will discuss their entrepreneurial journey from start to finish. Inspirational and informative, their insights will provide a framework for the current economic climate not as a crisis, but as an opportunity.

:: Media: Why the Slumdog Matters ::
Speakers: Vinod Bhat, Mira Kamdar, Sharad Devarajan , Anjula Acharya and Angela Chitkara
Panel Moderator: Aseem Chhabra
Panel Co-ordinators: Shayan Hussain and Sabrina Buckwalter

This past year has been a transformative for Indian media with two events that have thrust India media onto center stage.  First, the Mumbai Attacks brought to light the increasing level of competition among news agencies in India .  The whole world became familiar with Indian news channels such as CNBC-TV18, NDTV and CNN-IBN.  However, a review of how the attacks were covered has revealed many reporting inaccuracies as the events unfolded.  Second, the independent film “Slumdog Millionaire” has emerged as the surprising box office hit for the year, most recently sweeping the Oscars in multiple categories.  While the movie has been celebrated in the West, many in India have viewed the movie as an unfavorable representation of India . This panel will discuss the emerging opportunities for growth in Indian media across the world along with the investments needed to maintain the quality and integrity demanded of a global player. 

:: Indian Capital Markets: Delivering through De-levering ::
Speakers: Euan Rellie, Anil Kumar, Inder Soni and Ashish Chugh
Panel Moderator: Prof. Partha Mohanram
Panel Co-ordinators: Rajeet Chatterjee, Pratibha Vuppuluri and Sunil Parthasarathy

2008 lay bare the decoupling fallacy – but with Indian GDP still growing at a healthy, albeit slower clip of 7.1%, what are the challenges and opportunities in the Indian capital markets amidst of one of the biggest global economic challenges in half a century? Can the Indian markets rescue the global investor? How are regulatory frameworks affecting distressed investing in India? Come, listen and debate the storied players in these markets as they share their experiences and perspectives on what lies ahead.

:: New Social Enterprise: Engines of Growth in Uncertain Times ::
Speakers: Nishith Acharya, Nabil Laoudji, Aroon Shivdasani and Venkatesh Raghavendra
Panel Moderator: Prof. Gita Johar
Panel Co-ordinators: Shilpa Marda, Rashi Agrawal and Vikas Raj

Sustainable social enterprises have been the engines of economic development in the bottom of the pyramid populations. Whether it is the bottom up approach of developing a social enterprise like the “Dabbawalas” of Mumbai, or a water treatment facility that provides clean water and jobs to underserved populations, innovations in the multiple bottom line business space have impacted millions of lives in India . What does it take to encourage innovation in this sector? What does it take to get one started? How do experts see this sector evolving? These are just some of the question we look to answer as we talk to social entrepreneurs and investors on this panel.  

:: Opportunities in the Pharmaceuticals Space ::
Speakers: Kurt Orlofski, Dr. Ajit S. Shetty, Harcharan (Harry) Singh and Rama K. Rao
Panel Moderator: Debjit A. Ghosh
Panel Co-ordinators: Jaiveer Singh

The years 1970 and 2005 marked the two most significant turning points in the Indian Pharma Industry. The abolition of Pharma patents in India in 1970 created the "National Pharma Industry" and the year 2005 marked the re-entry into the patent regimen. Between 1970 and 2005, a strong national sector emerged and became a global player particularly in the Bulk Actives and the generic dosage areas. The Indian Pharma Industry now faces several challenges as it tries to become a global player in broader sectors of the Pharma and Healthcare sectors. Our panel will explore the state of the Industry and the strategic path forward for the Indian Pharma Industry. The panel will also explore newer opportunities for US pharma companies in India.

:: Ethics: Climbing Up the Value Chain ::
Speakers: Prof. Marti G. Subrahmanyam, Prof. Partha Mohanram, Rajesh Menon Pudukulangare and Madhu Vuppuluri
Panel Moderator: Sudhakar V. Balachandran
Panel Co-ordinators: Ankit Shah and Sonal Kapoor

“Today as India grows its influence and its home grown companies become the future MNCs, we are faced with very important responsibility of corporate governance, transparency and maintaining the highest ethical standards. The recent Satyam Computer corporate scandal has been dubbed as India 's Enron, and allegedly the largest corporate fraud in India . India consistently makes it to the list of most corrupt societies in the world and you have to wonder why? The question is this: will better rules, regulations and governance policies be put in place? Can you instill confidence in employees, clients and shareholders in the future? Can you create a framework and environment to conduct business in an ethical way with integrated values? Can this “ anything - goes ” attitude be replaced?”

 

Friday, April 10th 2009
Alfred Lerner Hall, Columbia University
2960 Broadway, New York, NY 10027
  

  Keynote Speakers
Sreenath Sreenivasan
Prof. and Dean of Student Affairs, Columbia Graduate School of Journalism
Joseph Stiglitz
Nobel Laureate and Columbia University Professor
Gururaj Deshpande
Co-founder & Chairman, Sycamore Networks
Parag Saxena
Founding General Partner & CEO, NSR Growth Capital
Frank G. Wisner
Ambassador to India: 1994-97, International Affairs Advisor, Patton Boggs LLP