Seminar on " Global Financial Crisis and its Impact on India " by CIMS, Hyd.

Cygmax Institute of Management Studies, Hyderabad Campus has conducted a Seminar on “Global Financial Crisis and its Impact on India” on 13th Dec 2008 at Plot No 65, ISFS, Nagarjuna Hills, Hyderabad.

The programme started at 10 A.M with the Welcome Address by Prof. O. R .S. Rao, Director, Cygmax Institute of Management Studies.

This was followed by the Key Note Address by the Chief Guest Mr. M. Gopalakrishna, IAS (Retd), Director, AP Gas Power Corporation.

Presentations were given by prominent speakers on the following topics:

Genesis of the Crisis - Dr. A. V. Vedpuriswar, Director, Learning & Dev., UBS India Service Centre, Hyderabad.

Impact on Indian Manufacturing Industries - Prof. O. R. S. Rao, Director, Cygmax Institute of Management Studies.

Impact on IT Industry – Mr.Shakti Sagar, MD, ADP Pvt. Ltd, Hyderabad.

Impact on Indian Stock Markets – Mr. Shomesh Kumar, Head- Equity Derivatives, Karvy Stock Broking Ltd.

Steps taken by Government and suggested further steps - Mr. Pranay Kumar, Chief Manager, Cygnus Business Consulting and Research, Hyderabad.

Prof. Venugopala Krishna, Principal , CIMS, Hyd has concluded the morning session, thanked the speakers and summarized the highlights of the session.

Selected seminar papers were published in the form of compendium and distributed to the invited guests.

Prof .K. N. Rao, Assistant Dean, Cygmax Institute of Management Studies has invited the Chancellor, ICFAI University, Tripura and narrated the events of the seminar.

In the afternoon session selected papers were presented by Faculties and Students of CIMS. This was followed by award distribution and valedictory address by Prof. Subhash Sarnikar, Chancellor, ICFAI University , Tripura.

Finally the one day programme was concluded successfully with vote of thanks by Mrs. A. Maheswari, Senior Faculty, CIMS, Hyderabad.