Sad Demise: Mr B Balaji (XLRI 83)

Mr. B. Balaji of XLRI Class of 1983, Director of ADP India (Hyderabad) passed away yesterday after a long illness. His last rites happened this afternoon).

May his soul rest in peace.

XLRI holds Private Equity Conclave in Mumbai

From http://xlri.blogspot.com

On Friday, November 4th, XLRI Jamshedpur, one of the premier B-schools in the country played host to some of the biggest names in corporate India when it held its annual Finance Conclave, Gnosis 2011 in Mumbai. The Conclave focused on the role that Private Equity has to play in our country’s growing economy and was titled ‘Investing in India’s Future – The Role of Private Equity’.

The Private Equity sector is tipped for tremendous growth in the immediate future, and speaking about these exciting possibilities were some of the most experienced stalwarts of the industry. The Conclave featured personalities like Mr. Shankar Narayan, MD, Carlyle India; Ms. Rupa Vora, CFO, IDFC; Mr. Subir Nag, Director, ICICI Venure; Mr. Nainesh Jaisingh, Standard Chartered PE; Mr. Siva Shankar, Director, Citibank VC; Mr. Jacob Mathew, MD, Mape Advisory; Mr. Pramod Ahuja, Partner, Tata Capital; Mr. Srinivasan Bharatam, Managing Partner, Milestone Religare Investment Advisors.

Each of these is an expert in his or her own right, and they shared their ideas and opinions, formed over years of consistent achievement in the field, with professionals from the industry, Investors, Media, the student community, and the public at large. The Conclave was aimed at addressing existing dilemmas and even perhaps generating new ones that would point towards the future state of the sector and its influence on the Indian economy, and it more than lived up to its billing.

Speaking at the Conclave, Mr. Shankar Narayan, MD, Carlyle India, explained how the PE firm create value for its investee company, by giving it an access to global network, better corporate governance, risk management etc. Another Speaker, Ms. Rupa Vora, CFO, IDFC presented how the value is created and derived in PE.

Mr. Nainesh Jaisingh, MD, Standard Chartered PE, stressed on the growing significance of India as a target for investors over the last decade, with perceptions about the country among investors having changed at a rapid pace.

After the keynote speeches, the event organizers, Finance Association at XLRI (FINAX) took the opportunity to outline its plans to help further nurture the sustained student interest in the Finance domain at XLRI. Thereafter, Professors Sabyasachi Sengupta and Uday Damodaran, who were representing the XLRI finance faculty at the event, extended an invitation to the audience for lunch.

Post lunch, the esteemed panel gathered at the venue engaged in a wonderful discussion on the topic “Outlook of Private Equity in India” bringing forth various insights about the current scenario of the industry in India. They also discussed the opportunities and challenges of dealing with varied stakeholders, ranging from promoter groups to retail investors.

INSIGHT - The 1st Annual XLRI Consulting Conference @ New Delhi

XLRI is organizing “INSIGHT – The 1^st Annual XLRI Consulting Conference”, on 21^st Novemeber (Monday) in WWF Auditorium, Lodi Estate , New Delhi,  the theme of conference is “Sustainability - The outlook of business and government” with an audience of around 150 people, split between senior experienced people from the industry and the government, and students from top B-schools. The list of confirmed speakers (in alphabetical order) is as follows:

·         Mr. Anand Nayak, Head HR, ITC & Director, ITC INFOTECH

·         Mr. Arun Inam, Senior Partner, Deloitte LLP (Strategy & Operations) 

·         Mr. Ganesh Shermon , Partner & Country Head, KPMG Advisory Services

·         Mr. Narayan Swamy, Director, Investment Finance, Citi Private Bank, India

·         Mr. P.S. Narayan, Vice President and Head (Sustainability), WIPRO Ltd.

·         Mr. Sachin Joshi , Director, CII-ITC Centre of Excellence for Sustainable Development

·         Mr. Sarovar Aggarwal, Principal, AT Kearney India

·         Mr. Shankar Venkateswaran, Director, SustainAbility

·         Dr. Tata L. Raghu Ram, Chairperson, Strategic Management Area, XLRI

The other key highlights are Drishtikon-The Sustainability Idea Competition and Sustainability White Paper Series which will be a compilation of top ten research articles on sustainability, written by XLRI students.

We look forward to having your company at INSIGHT 2011, which we believe will provide an excellent opportunity to interact and exchange experiences with peers from the industry.

Please confirm your participation by November 15, 2011.

Registration Link: http://crux-xlri.com/insight-2011/register/

Limited Seats Available, to confirm participation please transfer Rs. 2500/- to the below mentioned account and send us a confirmation of the same at crux.secretary@xlri.ac.in.

Beneficiary Name: CRUX
Bank: State Bank of India (XLRI Branch, Jamshepdur-831001)

A/C Number: 30264303422
IFSC Code: SBIN0004660
MICR Code:  831002019

We look forward to a fruitful interaction.

---------------------------

Thanks & Regards

Maneesh Dhooper
Secretary, CRUX
XLRI, Jamshedpur
T: 8102145369
E: crux.secretary@xlri.ac.in
Website: http://crux-xlri.com/insight-2011/

Barbecue at Whitefield Club - XLRI Alumni, Bangalore

Hey Everybody,

The Barbecue Evening is on!!!  The details are as follows:

Venue:  The Whitefield Club, 57/2 Whitefield Main Road (next to Memorial Church on the Inner Circle Road)

Date:  Saturday 05 November 2011

Time: 07.30 p.m. onwards

What can you look forward to? - Barbecue, Music - lots of it, Karaoke, beverages of the spiritual nature!!

And what would it cost me? - Rs.200 per person for the whole package!!!

The members of the batch which has the most representation would not have to pay!!

So get on the phones and give your class-mates a call!!  Don't forget to let me know if you are coming!!!

Cheers!!

Titto

XLRI's Alumni Homecoming 2011

Dear Friends,

Greetings from XLRI’s Alumni Committee ‘ALCOM’! 

November third week-end is fast approaching and we know it’s time for Homecoming. The Alumni Homecoming for the year is scheduled during 19-20(Saturday and Sunday) November, 2011.This little note is to politely remind you of our XL family get-together that strengthen our XL bonds and foster camaraderie among us. The institute is happy to invite you for all the events that are being organized in connection with the Homecoming 2011.Please grace the occasion with your presence. 

I am sure you too will cherish the good old memories of your Alma Mater. The faculty and the students are looking forward towards the event and are keen to interact with all of you. We hope to have a wonderful evening celebrating the family spirit with a few cultural programs besides many other events that are being planned. A copy of the detailed schedule will be send to you soon.

Please have a look at the new services made available at the Alumni Portal (http://alumni.xlri.ac.in). If you have not already registered on the portal, please do so at the earliest. 

Please bring home all our XL friends (teachers, class mates, seniors and juniors) who are yet not in the portal. Ms. Padmini Singh from Alumni office will assist you in registering your name. Her contact details are: Email: alumni@xlri.ac.in This e-mail address is being protected from spambots. You need JavaScript enabled to view it ; Mobile: 9955132937

All of us at XL Look forward to having you amongst us during 19-20 November, 2011.

For any other queries, please mail it to alumnicommittee@astra.xlri.ac.in or contact Ms. Amandeep (7209429704)

Regards

ALCOM