The School of Management Studies organised a three-day National seminar on Corporate Finance and Financial Services – Emerging Trends.
The first day’s inaugural session was chaired by Prof. V. Sita, Dean, School of Management Studies. Dr. K. Ramulu, the seminar coordinator presented an overview of the seminar. The Chief Guest of the session was Dr. V. Raghunathan, CEO, GMR Varalakshmi Foundation, Hyderabad. He appreciated the relevance of the seminar theme and reinforced that India emerged as a stable economy compared to others even after the financial crises of 1997 and 2008 and spelled out that the financial services sector in India is more developed compared to that of countries like Japan and others. Dr. Raghunathan skirted the issues relating to social responsibility and ethics of the financial services industries and also the need for investors to be educated and alert in their investment decision making. He explained the role of the regulatory in protecting investors’ interest. He opined that the corporate finance equation would change significantly after banking licenses would be issued to NBFCs.
Dr. Raghunathan also spoke about the need to put matters in perspective with reference to micro finance as the dynamics and economics of micro world and that of the macro world are quite different from each other. He emphasized the need for academicians to make their presence felt in critical spheres of corporate finance and financial services and work on different research areas that would contribute to the success of the market and help rural development.
The inaugural session was followed by the technical sessions for the next three days which included Indian Capital Market, Corporate Taxation & Related Issues, Venture Capital & Financial Engineering, Financial Inclusion & Micro Credit and Commodity Derivatives – Issues. Academicians from IPE, Telangana University, NIRD, UoH and other institutions took part. There was also a Panel discussion on Corporate Finance & Financial Services – Issues where the panelists included Sri. Murali Krishna, Director, Soctronics Technologies Pvt. Ltd. Hyderabad; Dr. Srikanth, Assistant General Manager, IDBI Bank, Hyderabad and Sri. Satyanarayana Sharma, CA, Hitachi Consulting, Hyderabad.
Mr. Vepa Kamesam, former Deputy Governor of the Reserve Bank of India was the Chief Guest for the valedictory function. He addressed the dignitaries and the delegates on the paradigm shift in banking system and also stressed on integrated risk management. Mr. Gopala Krishna, IAS retired was the Guest of Honour. He spoke about the issues and challenges in financial services & capital markets; the role of the corporate, investor and the regulatory.
Prof. V. Sita presided over the function. Dr. K. Ramulu, seminar coordinator, presented the summary of the seminar and also proposed the vote of thanks to all the dignitaries, the distinguished speakers and the delegates.