Recent Press Release(s)
• Global visionaries, thinkers and business leaders from 20 countries will congregate in New Delhi on March 27-28 • Andhra Pradesh as the official State Partner bets big on investments at Global Business Summit 2017 New Delhi, India, March 2017: With historic addresses made at the last two years' Global Business Summit on India's strategic roadmap, Hon'ble Prime Minister Shri Narendra Modi will once again be the star attraction at this year's Global Business Summit (GBS) presented by YES Bank and The Economic Times on March 27-28 in Delhi with Andhra Pradesh as the official state partner. It was at the first GBS in January 2015 that he had dared Indian business leaders to dream of a $20 trillion economy. And, at last year's edition of the event, he spelt out his elaborate vision for rebooting India. As India prepares itself for a new economic order after undergoing an economic overhaul, the Prime Minister is yet again expected to deliver a thought-provoking and inspirational address reinstating his vision of a 'new age India' amidst a dynamic global environment. As India now has the opportunity to play a larger leadership role in Asia, and is emerging as the world's epicentre, the summit will gather thought leaders and visionaries from across the world to enable a captivating dialogue on solutions to pressing global economic issues and share best practices to resolve these concerns. Built around the theme 'Conquering Uncertainty, Discovering Opportunities', the two-day summit will host thoughtful discussions on issues relevant to India and the world as a whole – India's digital reforms, Post Trump America, Brexit fallout, fate of Eurozone, China slowdown and the steps needed to deal with surprises and shocks of 2017. This year's summit has already garnered an enviable roster of global thought leaders and delegates including Dick Cheney, Former Vice President of the United States; Shane Smith, Co-founder and Chief Executive Officer, Vice Media and Lei Jun, Chairman, Chief Executive Officer &Founder, Xiaomi, Peter G Hall, Vice-President and Chief Economist - Export Development Canada; Vimal Shah, Chief Executive Officer – BIDCO (Africa); Marco Gloria, Chairman and CEO – GFB (Mexico); Benny Landa, an industry pioneer from Israel with over 800 patents to his credit; Avi Luvton – Director of Innovation Authority in Israel amongst many other leaders. One of the key sessions will bring together Andy Xie, Renowned Chinese Economist and Arvind Subramanian, Chief Economic Adviser who will discuss the future of Asian economies in the wake of global changes. Another anticipated session will be CEO's talk with Vanitha Narayanan, Chairman, IBM India; Amit Midha, President, Asia Pacific & Japan, Dell; Janmejaya Sinha, Chairman, BCG (Asia-Pacific); Guenter Butschek, CEO, Tata Motors and Vijay Shekhar Sharma, Founder, Paytm; who will expedite on one of the most discussed topics in the recent times – 'Navigating Digital Disruptions'. Andhra Pradesh, being the official state partner, will have a large delegation to be led by Hon'ble Chief Minister Chandrababu Naidu who is expected to make strong pitches to global leaders and investors for bringing in investments in the state on the back of conducive business environment. As with the last two years, this year's summit will also bring together a large contingent of delegates from across the globe, the who's who of the Indian political elite and industry thought leaders making it an even grander platform for rendezvous and thoughtful interactions. About ET Edge Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through strategic conferences, summits, exhibitions and communities. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, roundtables, case studies, buyer- seller meets and more. About Yes Bank YES BANK, India's fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India. YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. Today, YES BANK has a widespread branch network of over 965 branches with 1770+ ATMs across India.
MUMBAI: The Global Business Summit (GBS) is back on the 27th- 28th of March, 2017 to catalyze the ripples of economic change and is putting together all the building blocks to make it a grand success. Over the two-day conference, global leaders will ponder over the most pressing issues facing the world economy— Post Trump America, the Brexit fallout, fate of the Eurozone, China's slowdown, and also what will it take to deal with surprises and shocks of 2017. With major economies faltering, India, the world’s fastest-growing large economy, finds itself in a sweet spot and the ideas and insights generated at GBS will help script the India success story. "In our connected world, the futures of economies are becoming increasingly inter-dependent. Thus the ripple effect of events such as Brexit and fears of protectionism in developed economies can be felt in the furthest corner of the globe. In this challenge lies an opportunity for India to project itself as a safe haven for investment." said Vineet Jain, MD, BCCL. As the Indian economy enters into a transformative phase, YES Bank has partnered with The Economic Times for a five-year period to create the go-to event for the country's cognoscenti. Under Prime Minister Narendra Modi's leadership, the focus on programs like Make in India, Digital India, Startup India and decisive moves to foster financial inclusion and do away with arcane regulations have resulted in sparking growth. Rana Kapoor, MD & CEO, YES Bank opines, "YES Bank has focused on the emerging sunrise sectors of the economy since inception. The rapid changes taking place in the Indian economy, with the Govt. of India's firm push on digitization present an unprecedented and once in a life time opportunity for the financial services industry to enable sustainable economic growth across all segments of our nation, India." He further adds, "In this context, YES Bank is pleased to partner the Global Business Summit led by Economic Times as a platform which can further catalyze this change by bringing together opinion & thought leaders and transformational practitioners, thereby further augmenting India’s mindshare across the world. YES Bank with its focus on knowledge driven banking in partnership with Economic Times, aims to create a truly global thought leadership forum which will fuel the next growth phase of the Indian economy." This year's GBS is also witnessing participation by Andhra Pradesh as the official state partner. This is a natural progression of the Sunrise AP vision 2029, as drafted by the Chief Minister N Chandrababu Naidu, that envisions to "remould" the state into a "happy and globally-competitive society" by 2029. Over the past two years, The Economic Times Global Business Summit has hosted over 2,000 delegates from across the globe including countries like Canada, USA, Russia, Belgium, Great Britain and Greece among others. This year will see more than 200 leaders from South Asia, Europe, Africa and the Americas participating in the conference. Andhra Pradesh, which has set itself a target to be counted among the top 3 states by 2022, will be the Official State Partner. The past two editions of the Global Business Summit have featured a plethora of thought leaders like Paul Krugman, Nouriel Roubini, Nassim Nicholas Taleb, Prof. Jagdish Bhagwati and Ram Charan. Apart from the gurus, a clutch of global CEOs like McKinsey's Dominic Barton, GE's John Rice, GlaxoSmithKline's Sir Andrew Witty, BCG's Hans-Paul Bürkner and PwC's Dennis Nally have shared the dais to headline global trends in business. This year, the names and the event are bigger; the 3rd edition of GBS will see participation from over 1,500 delegates across the two-day event. With international participation expected to double over GBS 2016, the marquee event will again bring together the most influential global thought-leaders and CEOs and of course, the who's who of Indian government and industry. About ET Edge Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through strategic conferences, summits, exhibitions and communities. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, roundtables, case studies, buyer- seller meets and more.
Mumbai, February 17th, 2017: With Asia becoming a global hub for medical tourism, key stakeholders from across the healthcare services and medical tourism industry will come together at the Asia Medical Tourism Congress India (AMCTI). A platform created by The Times Group in partnership with World Medical Tourism Congress (WMTC), the world leader in medical tourism conferences, AMCTI is an event cum exhibition envisioned to be the largest congregation of the Medical Tourism industry in India. The AMTCI, scheduled to take place in Noida on 7th and 8th March, will witness the participation of leading public and private healthcare entities, directors of healthcare institutions, hospitals and doctors from the Europe, SAARC region, Africa and more. India ranks among the leading medical tourism destinations in Asia, mainly due to the low cost of treatment, high quality of healthcare infrastructure and the widespread availability of highly-skilled doctors. Rising healthcare costs in developed countries and an increase in the numbers of the uninsured has also driven the expansion of the medical tourism industry, with the industry projected to grow at 25% annually. AMTCI is a 2-day show offering a platform for discussions around trends and opportunities presented by Medical Tourism to position India as a leading wellness travel destination. AMTCI will open up multiple business opportunities in the medical tourism sector in India. Commenting on the event, Mr. Deepak Lamba, President, Times Strategic Solutions Limited stated, "With India poised to play a bigger role in the global health tourism segment, we look forward to working alongside the World Medical Tourism Association, by launching AMTCI to service this sector in a holistic manner. AMTCI would impact the global medical ecosystem as it is set to see participation from over 30 countries." Commenting on the AMTCI, Mr. Jonathan Edelheit, CEO of Medical Tourism Association, "This event will continue to help raise India's brand and awareness in medical tourism. The MTA is bringing in buyers from around the world to network with the top leading Indian and Asian hospitals. The World Medical Tourism Congress will give a great impetus to this growth as healthcare institutions, state governments, investors from around the world and corporates come together to explore business opportunities. Medical Tourism not only impacts the healthcare markets, but lifts up the countries entire economy and infrastructure." With participation by 50 + international speakers, 4 + conference tracks, up to 150 hosted qualified VIP buyers from international markets, 1000 + delegates and 100 + exhibitors displaying a wide variety of products, AMTCI has all the ingredients needed to give the medical tourism ecosystem a shot in the arm. About TSSL: Times Strategic Solutions Ltd. is an initiative founded under The Times Group to empower multiple industries and segments by sharing critical business knowledge through strategic conferences and summits. Encompassing the Indian business vista, TSSL strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, round-tables and case studies.
With a strong belief that great things happen when brilliant minds converge, The Economic Times has recently instituted the India Leadership Council (ILC). This is envisaged as an exclusive peer group platform working towards the end goal of bringing Change to the country's business environment. The Economic Times India Leadership Council is an exclusive membership-based networking platform, with access only to senior corporate leaders from across industries and geographies. It aims to bring together the country's top business leaders, resulting in face to face meetings, alliances and germination of new ideas. Additionally, the India Leadership Council aims to build the leadership quotient in the country through regular mentorship sessions and workshops with globally renowned Indian business visionaries. The India Leadership Council will have an Advisory Board which will guide the Council. The Advisory Board will define an annual agenda for action and identify some macro issues pertaining to the development of the Indian industry, for eg. Innovation, Capacity Building, Digitalization, IPR, etc. Once the agenda points are identified, consultants may be engaged in preparing reports and expert speakers will speak in seminars and conferences which will help members design effective strategies. This will help the Council in filling the lacunas that have hindered the country's progress and help bridge gaps as necessary. Anand Mahindra, the Chairman and Managing Director of Mahindra Group and one of the Advisory Board Members of the India Leadership, opines, I believe that the India Leadership Council fills in a clear void in Corporate India by providing a platform to build true leaders in the business world. Transformation is accomplished not just by processes, technology and products but by visionary leaders. And mentorship has a huge role to play in developing the leaders of tomorrow. In the digital era, there is a strong need for a platform that allows organizations to collaborate and exchange ideas with each other on developing and nurturing leadership. The Advisory Board is in place with some eminent leaders on its roster, like Anand Mahindra, N Chandrasekaran, Deepak Parekh, Aditya Puri, Ajay Piramal, Narayana Murthy, Venu Srinivasan, Harsh Mariwala, Amit Agarwal, Janmejaya Sinha, R Seshasayee and Kiran Mazumdar Shaw to name a few. In addition, ILC is also working to engage with a few global leaders to interact with its members periodically. Vineet Jain, Managing Director, BCCL, commented on the need for such a platform, stating: The Economic Times has always championed the cause of catalyzing Indias economic and business growth. As a value proposition to the country, the Council will facilitate the building of Businesses, Leaders and Relationships not confined to just business. The time is ripe for the coming together of business leaders with a view to ushering in a new era of economic and social prosperity. India needs a leadership regime that is committed to inclusive and sustainable growth, and The Economic Times India Leadership Council hopes to be the harbinger of this change.
Mumbai, January 24, 2017: Today, our country is at an inflection point. While the short-term impact of demonetization has led to the overall slowing down of the economy, the long-term benefits are yet to set in. It is therefore pertinent to understand the long-term impact of demonetization on some of the key factors affecting the nations economy, such as asset reconstruction, bad debts and loan recovery. Keeping this in mind, ET Edge announces the 2nd edition of The Economic Times Remodel in India, to be held in Mumbai on 10th February 2017. This one-day conference will delve into the salient aspects of debt reconstruction and will see industry experts discuss and deliberate upon recovery models for bad loans and NPAs in addition to demystifying the legalities surrounding this. This conference will see key personnel from banks, asset reconstruction companies, law firms and credit rating companies converge on a singular platform. The Economic Times Remodel in India will be a knowledge sharing forum on some of the contemporary challenges faced in recovering bad loans and the recommendations for bad debt recovery and speedy resolution. Non-Performing Assets have always sent shock waves to the banks and financial institutions in the country. It has been a stumbling block and detracts from the success stories created by our financial system. Economists and financial analysts have been striving hard to find a panacea to this. The claims of rapid economic growth and cleansing efforts like demonetization will prove to be non-events if sufficient checks and balances are not put in place and strictly enforced to wipe away stressed assets from our financial system. A shocking revelation is the fact that the public sector banks in India were struggling with bad loans worth Rs.6,00,000 crores (approximately) as on March 2016. The summit includes immersive, engaging and interactive panel discussions, which are sure to see fascinating insights come to the fore. The summit will witness a confluence of knowledge experts who will discuss some of the latest developments like stressed asset funds and the impact of demonetization on the recovery of bad debts, plans for engaging asset reconstruction companies, law firms and credit rating agencies in an effective manner and the additional incentives that the industry needs from the Reserve Bank of India. About ET Edge: Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through focused exhibitions and strategic conferences and summits. Encompassing the business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business environment conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through exhibitions, summits and conferences in overarching lectures, hands-on workshops, panels, roundtables and case studies and more.
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