We are delighted to announce the successful completion of our 37th Annual Convention at Le Meridien on 21st September 2024! The convention, themed “Financial Fortitude: India’s response to Global Headwinds“, delved into key financial topics shaping the world today.
The Guest of Honour, Ms. Amrita Farmahan, MD & CEO of Ambit Global Private Client, drew from her global leadership experience and deep ties to DFS to emphasize India’s resilience and the strategic foresight essential for navigating today’s complex financial environment. Her insights highlighted disciplined execution and client-centric strategies as key to India’s financial strength. The Keynote Speaker, Mr. Mridul Upreti, Sector Lead – Tourism, Retail & Property at IFC Asia Pacific, brought a wealth of expertise in real estate and investment, highlighting how structural preparedness and sectoral innovation are critical for India to withstand global economic uncertainties and build long-term financial fortitude. Together, their addresses inspired attendees with practical and forward-looking perspectives on India’s role in a rapidly evolving global economy
Session 1: Fueling Growth—Corporate Banking and Issuer Ratings
The first session examined the pivotal influence of corporate banking and issuer ratings on financial decision-making in India. Panelists highlighted the vital role of credit ratings in shaping access to capital and enhancing investor confidence, underscoring their significance for sustainable corporate growth. The discussion addressed India’s robust economic outlook, with forecasts indicating 6.8-7.1% GDP growth for 2025 and ambitious steps toward achieving a $7 trillion economy by FY 2031.
Session 2: Demystifying Dealmaking – A Look into Investment Banking
Mr. Tushar Kansal shared how failure shaped his growth and emphasized the importance of versatility for startup founders. He highlighted that, in venture capital, only a few investments truly soar while most are just average or fail. Astrotalk’s success was credited to its standout user experience. Mr. Navneet Ghandhoke urged young professionals to value experience over titles, stressing patience, employability, and a two-year commitment to any company. Together, they noted India’s shift from gold and property to innovative financial products, encouraging adaptability and long-term thinking.
Session 3: Navigating the Markets – The Art and Science of Fund Management
Mr. Arun Mandal ensured a fruitful exchange of ideas and perspectives, enriching the learning experience for all involved. Mr. Juzer Dalal introduced GIFT City, India’s first smart financial hub, where asset managers are now setting up shop. He explained how technology like UPI and fintech apps is making fund management simpler and more accessible. Mr. Manuj Jain explained that rising per capita income shifts consumer priorities toward better living, while also highlighting how small changes in portfolio assets, like adding gold, can reduce risk thanks to its unique market behavior. Mr. Ravi Ratanpal stressed that a positive attitude and resilience are key to success in fund management, linking India’s GDP growth to the young population’s spirit and supportive government reforms, while also sharing insights on fixed income securities.
Session 4: Cracking the Case – The World of Consulting
Mr. Ankush Saxena highlighted how consultants play a vital role in helping businesses navigate the uncertainties of global trade and turn challenges into opportunities. Mr. Nitin Kumar spoke about the challenges in consulting, stressing the need for clear goals and focusing on results to deliver real, impactful solutions for clients. Mr. Sulabh Goel highlighted the complex role of consultants, sharing real-life stories that helped students grasp how consultants solve tough problems and add real value
