Friday, July 31, 2009

July 2009 appointments

July 2009
========

1 - *IIM Indore
2 -
3 -
4 -
Sun 5 -
6 - BUDGET
7 - *Budget 2009 Analysis - KPMG - 10 am; *Budget 2009 Analysis - E&Y - 12.30 pm; *Budget 2009 Analysis - Deloitte - 6 pm
8 -
9 - *Sunil Robert V. - 11 am; Dr S. Manikavasagam (?)
10 - *Budget 2009 Analysis - PwC - 8.30 am
11 - *Budget 2009 Analysis - SICCI-BMR - 10 am
Sun 12 - *Joseph Prabakar - 7.30 am
13 - *Siva Elango, R. Praveen Kumar - 11 am; Raj Oswal, Suren Chandra - 1 pm
14 - *T. G. Suresh - 12.30 pm; *Budget 2009 Analysis - CII-BMR - 4 pm
15 - *Krishna Murthy Yamajala, Murali Jayaraman - 1 pm
16 - Jolly Jose - 1 pm (?); *O.R.S. Rao - 2 pm
17 - *Govind Srinivasan - 7.30 am; *Sumesh E - 11 am
18 -
Sun 19 - *G. Ramachandran - 7.30 am
20 - *Jaspreet Bindra - 1 pm
21 - *Swarna S. Vepa - 12.30 pm
22 -
23 - American Consulate - 8 am; *CII Institute of Logistics - Round Table - 11.30 am; *V. Rama Kumar - 5. 15 pm
24 -
25 - *K. Ramesh - 7.30 am
Sun 26 - *R. Venkata Subramani - 7.30 am
27 - *K. K. Raman - 1 pm
28 - *Sudhir Kapadia - 7.15 pm
29 - *Anand Sudarshan - 8.30 am
30 -
31 -
(* means 'met/spoke'; $$ Awaiting confirmation; ? Didn't happen)

Wednesday, July 29, 2009

Anand Sudarshan

"We are going through a fundamental transformation in education. Like all transformations, we do not know when it started, or when it will end. But this much is certain that there is a generational transformation currently going on, globally and in India. In the process, many of the axioms that we now assume to be true need to be questioned. For instance, the University system that we all follow is about four to five centuries old, and it is what has been adopted from England. What is missing is contextualisation. If human context is missing in education, we are missing the bus. Because like all good things in life, the system has to morph, so as to be relevant."

Anand Sudarshan, MD & CEO, Manipal Education

March 11, 9.45 am

July 29, 2009, 8.30 am (Le Royal Méridien)





Anand Sudarshan - Videos


Acceleration of reforms in education is essential for India's progress

How does the economic crisis hit the students

Positives and negatives when parents make the choice for children's higher education



Our education sector has to communicate better and go beyond the labels of courses

Do we work in gates or do we choose lifelong learning

Overseas universities are able to capture a huge market in India

Government's fiscal support to education has largely been misdirected

We need an Education Loan Guarantee Act

Creating Government infrastructure for higher education was relevant at a point in time


Public-Private Partnership can extract efficiencies from the existing education infrastructure

Current framework has in some ways enabled a few unscrupulous players to enter the private education sector

Private sector has successful examples of inclusivity in education

Diversity in campuses

Regulatory ethos in education needs a complete overhaul

Whiff of change that we now see in education

Role of foreign universities in India


A common myth is that people flock back to school in times of recession

Low level of Gross Enrolment Ratio is a matter of deep concern

Growth through Experiential osmosis vs Continuing education with academic rigour

Knowledge for knowledge's sake vs Education for education's sake -- Individual vs societal considerations

League tables of universities are a global phenomenon, but rankings done without due homework can be a problem



How can the impact value of education system be measured

Alumni are a huge asset class but very few institutions do a good job of harnessing them

On fiction woven around campuses

Let us not succumb to the tyranny of 'OR' when thinking about vernacular and English

MBA programme with sectoral relevance -- Example of media and entertainment

Banking, Insurance, Retail, Financial Services, Automotive, Hospitality -- other sectoral MBAs

Industry-Academia interaction accelerated through the high-speed blender called sectoral MBAs

Tuesday, July 28, 2009

Sudhir Kapadia - Videos


GST will be a reality, and many positive steps are being taken

Experience of VAT has made the states confident about GST introduction

Precautions with regard to food prices are necessary when introducing GST

How will GST handle the volatility of petroleum prices

Did the dual GST spoken of in Budget come as a surprise

GST legislation required at the Central and State levels

Opportunities and challenge for corporates as regards GST

Two major strides in the area of international taxation


Possible reasons for not bringing in APA, as yet

Considerations when companies resort to APA

Issues that are likely to demand the attention of the TP dispute resolution body

On the Vodafone issue

More than 50 per cent of stimulus measures are in the area of tax

Broad baskets in which stimulus measures fall

Effective corporate tax rates in India are still very high


Who will benefit from the R and D incentive

Governance, rather than tax concessions, will differentiate the states as attractive investment destinations

States should guard against giving away too much in the anxiety to win investments

Have the backward area tax incentives helped those areas to develop and grow

We may find a negative list of services in the GST law

Tax code initiative is a move in the right direciton

Is tax a key driver in inbound and outbound investments



Any tax amnesty should have a combination of carrot and stick

Scope for simplification of tax forms

Monday, July 27, 2009

Samsung trip

Samsung trip
August 2-4, 2009
August 4-8, 2009 (Off to Washington DC, to meet friends!)

K. K. Raman

K. K. Raman, Executive Director, IT Advisory Services, KPMG
July 27, 2009, 1 pm




K. K. Raman - Videos


A key question is whether the IT industry is functioning at its full potential

Is the IT industry body doing enough about strategic direction-setting



An inclusive approach is required for the industry's growth

Opportunity in the domestic market and public systems

Activity of Institute of Public Auditors

Indian IT industry is at an inflection point

Impact of the current crisis on IT industry

Coping with the shift from certainty to uncertainty

Factors that contributed to Indian IT success

Role that intellectual curiosity played in the Indian IT growth

IT has brought transparency in public services but there is a long way to go


Focus on process and quality has led to IT's maturity, scale and growth

Sunday, July 26, 2009

R. Venkata Subramani

R. Venkata Subramani, Author, 'Accounting for Investments: Equities, Futures and Options' (Wiley)
July 26, 2009, 7.30 am (Nag)




R. Venkata Subramani - Videos


Lack of regulation a key reason for the economic crisis

Author reading the book

Motivation for writing the book

What the subsequent volumes will cover

Credit default swaps to be dealt with in one of the volumes

US GAAP perspective of accounting for investments

Writing discipline

Relevance of the book for university courses



Divergence between Indian and international accounting standards reducing

Why CDS failed

Views on how the media covered the financial crisis



Regulation after the financial crisis

What is a hedge fund

Is India ripe enough for hedge funds

Work of Variman Capital Markets Services

Role of administrator for hedge fund

FX element in investments



Aggressive sale of forward positions by some banks

Companies will have to be educated about the new accounting standards

Approach of the book is to deal with the entire trade lifecycle

You need math to understand valuation, rather than accounting

Do accounting software packages handle investment banking requirements



Managers who understand accounting assist the techies

Lessons from technology sector for the accounting profession

Saturday, July 25, 2009

K. Ramesh

K. Ramesh, Corporate Lawyer, Chennai
July 25, 2009, 7.30 am (Nag)




Friday, July 24, 2009

Budget 2009 Analysis-Deloitte - Videos




Safe-harbour provisions will reduce uncertainty (Krishnan Parameshwaran)

Alternative dispute resolution for TP is expected to lead to reduced litigation (Krishnan Parameshwaran)

There were expectations on Advance Pricing Agreement (Krishnan Parameshwaran)

Security and privacy services catching up (Giridhar Rao)

Robust information security policy required in companies (Giridhar Rao)

Online banking and ecommerce growing (Giridhar Rao)


Promise of growth in villages (S. Ravi Veeraraghavan)

Story of India is of people who will come up the hard way and survive the long term (S. Ravi Veeraraghavan)

Possibility of legislated CSR (S. Ravi Veeraraghavan)

Is IFRS convergence expected to happen as per announced deadline (Ananthi Amarnath)


Enterprises analysing the impact of IFRS on topline and bottomline (Ananthi Amarnath)

More momentum required for IFRS convergence (Ananthi Amarnath)

Challenges that manufacturing companies face when switching over to IFRS (Ananthi Amarnath)

Revenue recognition, a major area of focus for service companies moving to IFRS (Ananthi Amarnath)

Uncertainty that is holding companies back from IFRS exercise (Ananthi Amarnath)

Global examples of IFRS transition (Ananthi Amarnath)


Has IFRS momentum suffered due to economic slowdown (Ananthi Amarnath)

How can internal audit department deliver more value to organisations (P. Shankar Raman)

Are internal and statutory audits happening in silos (P. Shankar Raman)

External internal audit vs Internal internal audit (P. Shankar Raman)

Assessees can make the best use of the Department's Web and email facility for solutions to tax problems (K. Venkatakrishnan)

Measures that simplify tax procedures and administration (K. R. Sekar)


How is the Tax Code likely to be (K. R. Sekar)

Merger of Authority for Advance Ruling is welcome (K. R. Sekar)


Stability in economy will attract foreign investment (K. R. Sekar)

Domestic demand is getting the attention of Indian companies (K. R. Sekar)

Implications of safe harbour provisions (K. R. Sekar)

Potential for greater use of alternative dispute resolution in taxation (K. R. Sekar)

Indirect taxation system has been gradually becoming less cumbersome (Krupa Venkatesh)

Hopes are that GST will be implemented in an orderly manner (Krupa Venkatesh)

Experience from VAT as a precursor to GST (Krupa Venkatesh)

Indian indirect taxation as a source for supply chain case studies for management students (Krupa Venkatesh)

Unorganised sector increasingly brought into mainstream through indirect taxation (Krupa Venkatesh)

Prices of goods will see rationalisation in GST (Krupa Venkatesh)

Will GST introduction result in a fall of revenue (Krupa Venkatesh)


How can compliance be increased (Krupa Venkatesh)

Increase in the number of services a temporary phenomenon (Krupa Venkatesh)

Impact of service tax on Railways (Krupa Venkatesh)

Improvement needed in tax procedures and refunds (Krupa Venkatesh)

Corporates look for support to growth from Government (Rajesh Srinivasan)

There may not be much scope for structuring salary (Rajesh Srinivasan)

Technology adoption by the tax administration (Rajesh Srinivasan)

Gift tax has come back in a slightly modified form (Rajesh Srinivasan)


Will we see a revival of inheritance tax (Rajesh Srinivasan)

Awareness of wealth tax is low (Rajesh Srinivasan)

Lower rate for corporates with fewer exemptions may be a better approach (Rajesh Srinivasan)

Thursday, July 23, 2009

V. Rama Kumar

V. Rama Kumar, Founder & CEO, Tarang Software, Bangalore (http://www.tarangtech.com/)
July 23, 2009, 5.15 pm




V. Rama Kumar - Videos


These are times for leaders to emerge and set a trend

Really good companies are investing for the future



We are investing in electronic payment products and frameworks

Budget reflects readiness for expenditure, and also Government initiatives

Innovative payment and collection system can reduce transaction cost and increase ease of use

Biometric and contactless payment projects

Card that can provide biometric authentication

Reaching villages with hand-held devices that have biometric facility, and also wireless terminals

Cricket lessons from my dad



One valuable work lesson -- 90 days to try out any new idea

Young employees should be given 90-day goals to begin with

The way companies position themselves to their vendor should change

Prioritisation as a tip for time management

One signal that tells me there is a problem -- When there is no question in a town-hall meeting

What to do when no questions are forthcoming from the employees



Quarterly appraisal system and its advantages

Technology will eliminate middlemen

Closed-loop payment systems in campuses and townships

Trends in prepaid card usage

Growth of company after the acquisition of Cybercash India

We need solutions for the large number of people who cannot open a bank account

Our banking system's conservatism is the reason for its strength

One view of financial position across institutions can give a granular picture to the user

Vision for Tarang over the next three years

Thought that went into naming the company

Good examples of entrepreneurship in India

Prahasitha - Videos


A programme to help achieve success by accessing the right emotions

What is success

Prioritising of wants is important

Balance between change and stability, between individual and collective

How people at different levels of growth look at success

Oneness UniverCity and its aim


Programmes conducted in Oneness Univercity

True spirituality emerges from one's acceptance of oneself completely

Experience vs Philosophy

There is either growth or degeneration, no stasis in the universe

Factors that impact our state of happiness

There are no readymade solutions to people's problems

Grace is what connects people

Analogy of Internet to understand how grace connects

Atheist is one who does not have experience of god

Some people recognise grace more than others do

Faith happens through experience

Courses for parents



Youth and children programmes

Are there sacrifices in the process of discovering joy


Do you need concentration to watch a game of cricket

Do what you love to do, or love what you do

Dissatisfaction can be perceived by others

Spiritual programme for corporates

Assessment of our programme is based on feedback

Problems of individuals are the same, at a deeper level

Need is for experience, not for newer approaches


Literacy vs Education

Observations about economic disparity among people

People with a greater influence have a higher responsibility to work for their own personal transformation

Role of media in awakening societies

Views about the young generation


How can the problem of generation gap get resolved

Ways in which different generations can experience one another


Environment is not outside, we carry it within us

You can grow in spite of the environment

Inner and outer world affect each other

True success is the level of happiness one has in life

Relationship between a country's economic prosperity and level of spirituality


When families collapse, values degenerate

Takeaways from the West

What happens to one civilisation affects another

Change at accelerated speed is what we will be seeing

Wrapping up on an empty note

R. Ramesh

R. Ramesh, Head Logistics, Saint Gobain Glass India Ltd, Chennai
CII Institute of Logistics - The Smarter Supply Chain of the Future, Round Table on Supply Chain optimisation & Excellence, July 23, 2009, 9.30 am - 3.30 pm (Hotel Le Royal Meridien , Chennai), 11.30 am

N. Mohanakrishnan

N. Mohanakrishnan, Executive Director - Internal Audit, Ashok Leyland, Chennai (www.ashokleyland.com)
CII Institute of Logistics - The Smarter Supply Chain of the Future, Round Table on Supply Chain optimisation & Excellence, July 23, 2009, 9.30 am - 3.30 pm (Hotel Le Royal Meridien , Chennai), 11.30 am

Bhagwan Singh

Bhagwan Singh, Deccan Chronicle, Chennai
CII Institute of Logistics - The Smarter Supply Chain of the Future, Round Table on Supply Chain optimisation & Excellence, July 23, 2009, 9.30 am - 3.30 pm (Hotel Le Royal Meridien , Chennai), 11.30 am

Anand Narayan

Anand Narayan, Partner, IBM India P Ltd, Mumbai (www.ibm.com/in)
CII Institute of Logistics - The Smarter Supply Chain of the Future, Round Table on Supply Chain optimisation & Excellence, July 23, 2009, 9.30 am - 3.30 pm (Hotel Le Royal Meridien , Chennai), 11.30 am

Clifford Patrao

Clifford Patrao, IBM India P Ltd, Mumbai (www.ibm.com/in)
CII Institute of Logistics - The Smarter Supply Chain of the Future, Round Table on Supply Chain optimisation & Excellence, July 23, 2009, 9.30 am - 3.30 pm (Hotel Le Royal Meridien , Chennai), 11.30 am

Prasad Rao N.

Prasad Rao N., National Distribution Manager, Amara Raja Batteries Ltd, Chennai (www.amararaja.co.in),
CII Institute of Logistics - The Smarter Supply Chain of the Future, Round Table on Supply Chain optimisation & Excellence, July 23, 2009, 9.30 am - 3.30 pm (Hotel Le Royal Meridien , Chennai), 11.30 am

CII Institute of Logistics - Round Table


CII Institute of Logistics - The Smarter Supply Chain of the Future
Round Table on Supply Chain optimization & Excellence
July 23, 2009, 9.30 am - 3.30 pm (Hotel Le Royal Meridien , Chennai)


Tuesday, July 21, 2009

Swarna S. Vepa

Swarna S. Vepa, Author 'Bearing the Brunt: Impact of Rural Distress on Women' (Sage), and Visiting Professor, Madras School of Economics, Chennai
July 21, 2009, 12.30 pm




Monday, July 20, 2009

Jaspreet Bindra

Jaspreet Bindra, Regional Director, Entertainment & Devices Division, Microsoft Corporation (India) Pvt Ltd, Gurgaon (www.microsoft.com/india)
July 20, 2009, 1 pm




Sunday, July 19, 2009

G. Ramachandran

G. Ramachandran, Financial Analyst, Chennai
July 19, 2009, 7.30 am (Nag)




Friday, July 17, 2009

Govind Srinivasan

Govind Srinivasan, CEO, Paramount Dataware Pvt. Ltd., Chennai
July 17, 2009, 7.30 am (Nag)




Thursday, July 16, 2009

O.R.S. Rao

"Values are critical to our growth. It may be sobering to know that, at times, the value systems of the Westerners are far better than those of contemporary Indians."

O.R.S. Rao, CEO and Director of Cygnus Business Consulting and Research

December 19, 2007, over lunch
July 16, 2009, 2 pm




Wednesday, July 15, 2009

Krishna Murthy Yamajala, Murali Jayaraman

Krishna Murthy Yamajala (YKM), Vice President & India Center Head, Virtusa Corporation and Murali Jayaraman, Associate Director & Chennai Center Head, Virtusa Corporation
July 15, 2009, 1 pm




Tuesday, July 14, 2009

S. Chandramohan

S. Chandramohan, Co-Chairman, Policy Sub-Committee, CII Southern Region, and Chief Financial Officer, Tractors and Farm Equipment Ltd (TAFE), Chennai
July 14, 2009, 4 pm

Raj K. Barthwal

Raj K. Barthwal IRS, Commissioner of Service Tax, Service Tax Commissionerate, Chennai
July 14, 2009, 4 pm

Budget 2009 Analysis - CII-BMR

Budget 2009 Analysis - CII-BMR
July 14, 2009, 4 pm (Hotel Ramada Raj Park, TTK Rd)

K. Sivarajan

K. Sivarajan, Director, BMR Advisors, Chennai (www.bmradvisors.com)
July 14, 2009

Sriram Seshadri

Sriram Seshadri, Director, BMR Advisors, Chennai (www.bmradvisors.com)
July 14, 2009

T. G. Suresh

T. G. Suresh, Chartered Accountant, Chennai
July 14, 2009, 12.30 pm




Monday, July 13, 2009

Siva Elango, R. Praveen Kumar

Siva Elango, R. Praveen Kumar, Makkal Sakthi Iyakkam, Chennai (www.makkalsakthi.org)
July 13, 2009, 11 am


Siva Elango, R. Praveen Kumar - Videos


Reforms required in Registration Department (Siva)

Creating political awareness among the young, by using technology

Freebies keep the poor dependent all the time

Earning money is the main objective of most youths

Needs of agriculture and agriculturists



About the Makkal Sakthi Iyakkam and its activities

Is there still hope that politics can bring about change

Are entrenched political parties like fortresses

Money-play in elections

Sunday, July 12, 2009

Joseph Prabakar

Joseph Prabakar, Advocate, Chennai
July 12, 2009, 7.30 am (Nag)




Saturday, July 11, 2009

S. Raghavan

S. Raghavan, Secretary, The Southern India Chamber of Commerce & Industry, Chennai (www.sicci.in)
Budget 2009 Analysis - SICCI-BMR, July 11, 2009, 10 am

M. R. Diwakar

M. R. Diwakar, Chairman-Taxation Committe, The Southern India Chamber of Commerce & Industry, Chennai (www.sicci.in)
Budget 2009 Analysis - SICCI-BMR, July 11, 2009, 10 am

M. G. Devasahayam

M. G. Devasahayam, Managing Trustee, Citizens Alliance for Sustainable Living, Chennai
Budget 2009 Analysis - SICCI-BMR, July 11, 2009, 10 am

R. Veeramani

R. Veeramani, Chairman, Gem Group of Companies, Chennai
Budget 2009 Analysis - SICCI-BMR, July 11, 2009, 10 am

Budget 2009 Analysis - SICCI-BMR

Budget 2009 Analysis - SICCI-BMR
July 11, 2009, 10 am

Friday, July 10, 2009

Indraneel Roy Choudhury

Indraneel Roy Choudhury, Executive Director, PricewaterhouseCoopers Pvt Ltd, Chennai (www.pwc.com)
Budget 2009 Analysis ET-PwC, July 10, 2009, 8.30 am (Taj Connemara)

P. K. Vijayaraghavan

P. K. Vijayaraghavan, Associate Director, PricewaterhouseCoopers Pvt Ltd, Chennai (www.pwc.com)
Budget 2009 Analysis ET-PwC, July 10, 2009, 8.30 am (Taj Connemara)

S. Madhavan

S. Madhavan, Executive Director, Tax & Regulatory Services, PricewaterhouseCoopers Pvt Ltd, Gurgaon (www.pwc.com)
Budget 2009 Analysis ET-PwC, July 10, 2009, 8.30 am (Taj Connemara)

Swaminathan S. Anklesaria Aiyar

Swaminathan S. Anklesaria Aiyar, Consulting Editor, ET Now (www.swaminomics.org)
Budget 2009 Analysis ET-PwC, July 10, 2009, 8.30 am (Taj Connemara)

Budget 2009 Analysis-ET-PwC - Videos


Impact of Budget on the Automotive industry (Abdul Majeed)



Observations about the Direct Taxes changes (N. Sivasubramanian)

Beneficial changes to Transfer Pricing (Indraneel Roy Choudhury)



Did the Budget offer any signal about the Vodafone issue (Indraneel Roy Choudhury)

Should the international business community be worried about our tax regime (Indraneel Roy Choudhury)

How is the IT industry impacted by Budget (Indraneel Roy Choudhury)

Government is willing to listen to the taxpaying community (P. K. Vijayaraghavan)

Retrospective amendments are a question of cat-and-mice game (P. K. Vijayaraghavan)

Adverse amendment that hits infrastructure projects (Sriram Seshadri)


Tax to GDP ratio may improve after GST introduction (S. Madhavan)



Expansion of tax base vs Collection efficiency (S. Madhavan)

When things are difficult somehow our political system is able to rise to new heights (Swaminathan S. Anklesaria Aiyar)

Twenty years ago, we changed course reluctantly, and we have been lucky (Swaminathan S. Anklesaria Aiyar)

Political vs Bureaucratic sabotage (Swaminathan S. Anklesaria Aiyar)

Rajya Sabha will play a key role where legislation is involved (Swaminathan S. Anklesaria Aiyar)

Global cues are extremely strong in influencing our markets (Swaminathan S. Anklesaria Aiyar)

Financial system has a very long way to go, we are grossly under-banked (Swaminathan S. Anklesaria Aiyar)

Challenges in implementing Unique Identification (Swaminathan S. Anklesaria Aiyar)

Biggest real-estate players are hand in glove with our politicians (Swaminathan S. Anklesaria Aiyar)

India's success has been overwhelmingly of the private sector (Swaminathan S. Anklesaria Aiyar)

One single law that can bring in a clean political system (Swaminathan S. Anklesaria Aiyar)

Journalism, as a career, yesterday and today (Swaminathan S. Anklesaria Aiyar)

Budget 2009 Analysis ET-PwC

Budget 2009 Analysis ET-PwC, July 10, 2009, 8.30 am (Taj Connemara)
Brief interactions with:

1) Abdul Majeed, Auto Analyst, PricewaterhouseCoopers Pvt Ltd, Chennai (www.pwc.com)
2) N. Sivasubramanian, Executive Director, PricewaterhouseCoopers Pvt Ltd, Chennai (www.pwc.com)
3) Indraneel Roy Choudhury, Executive Director, PricewaterhouseCoopers Pvt Ltd, Chennai (www.pwc.com)
4) P. K. Vijayaraghavan, Associate Director, PricewaterhouseCoopers Pvt Ltd, Chennai (www.pwc.com)
5) Sriram Seshadri, Director, BMR Associates, Chennai
6) S. Madhavan, Executive Director, Tax & Regulatory Services, PricewaterhouseCoopers Pvt Ltd, Gurgaon (www.pwc.com)
7) Swaminathan S. Anklesaria Aiyar, Consulting Editor, ET Now (www.swaminomics.org)
Posted by Murali at 10:22 PM