4 th IIEF Securities Industry Summit , 1999
26 and 27 May 1999, Bombay

DAY ONE:
Wednesday, 26th May, 1999
Opening Session

Theme Address
Mr. Gautam Bhardwaj
Managing Director
Invest India Economic Foundation

Special Address
Business Trends and Strategies in Global Markets
Mr. Georges Ugeux
Group Executive Vice President, International & Research, New York Stock Exchange, Inc

Inaugural Address
Monetary Policy in India: Objectives, Instruments,Operating Procedures and Dilemmas
Dr. Y.V. Reddy
Deputy Governor, Reserve Bank of India

Questions

DAY ONE:
Wednesday, 26th May, 1999
Pre-Luncheon Address

Enhancing Shareholder Wealth & Corporate Governance
Dr. Basudeb Sen
Executive Director, Unit Trust of India

Technical Session I

DAY ONE:
Wednesday, 26th May, 1999

Regulation, Surveillance and Enforcement
Moderator
Ms. Sucheta Dalal
Journalist

Commentators
Dr. R.H. Patil
Managing Director
National Stock Exchange of India Limited

Mr. Anand Rathi
President
The Stock Exchange, Mumbai

Mr. L.K. Singhvi
Senior Executive Director
Securities and Exchange Board of India

Mr. Joseph Massey
Managing Director
Inter-Connected Stock Exchange of India Limited

Mr. Arjun Kapur
Member
The Delhi Stock Exchange Association Limited

Presentations
Surveillance & Enforcement at Nasdaq
Mr. David H. Katz
Assistant Chief Counsel, NASDR - Market Regulation, Nasdaq International, Inc.

Technical Session II
Day One: Wednesday, 26th May, 1999

Issues in Liquidity
Moderator

Ms. Usha Thorat
Chief General Manager (Internal Debt Management Cell)
Reserve Bank of India

Commentators
Mr. Vishnu Deuskar
Managing Director
ABN-AMRO Securities India Private Limited

Mr. Ashok K. Agarwal
President
The Delhi Stock Exchange Association Limited

Mr. Mihir Doshi
Chief Executive Officer
JM Morgan Stanley Securities Limited

Mr. Ajai Kaul
President and Country Manager
Alliance Capital Asset Management (India) Private Limited

Presentations
Stock Lending at NSCCL
Mr. Raghvan Putran
Director , National Securities Clearing Corporation Limited

Towards a Liquid Repo Market
Mr. T. C. Nair
General Manager (Internal Debt Management Cell)
Reserve Bank of India

Settlement
Mr. Himanshu N. Kaji
Director
The Stock Exchange, Mumbai

Panel Discussion and Questions
Summing up

Technical Session III

Day two: Thursday, 27th May, 1999

Adoption of the Depository: The Next Decade

Moderator
Dr. Ashok V. Desai
Consultant Editor
Business Standard Limited

Commentators
Mr. Bhagirat B. Merchant
Director
The Stock Exchange, Mumbai

Mr. T. Koshy
Vice President
National Securities Depository Limited

Mr. Thomas Sasse
Head of Custodial Services
Deutsche Bank AG

Mr. C.J. George
Managing Director
Geojit Securities Limited

Presentation
Dematerialisation in the Equity Market
Mr. Diptesh Shah
General Manager - Investment Banking, Global Trust Bank Limited

Panel Discussion and Questions
Role of IT in the Securities Market

Mr. P. G. Kakodkar
Former Chairman, State Bank of India, Director, Financial Technologies (India) Private Limited
Questions

Technical Session IV
Challenges, Opportunities and Strategies for Market Participants
Moderator

Dr. Ashok V. Desai
Consultant Editor, Business Standard Limited

Commentators
Mr. Prithvi Haldea
Managing Director
PRIME Database

Mr. Mohan Khanna
Chief Executive Officer
BNP Prime Peregrine India Private Limited

Presentations
Capital Restructuring and Mergers & Acquisitions
Mr. Euan Macdonald
Executive Vice Chairman
HSBC Securities India Holdings Limited

Shareholder Value Management
Mr. Kamesh Venugopal
Director, The Boston Consulting Group Private Limited

Panel Discussion and Questions

Technical Session V
Risk and its Management

Commentators

Mr. N. Parakh
Division Chief (Derivatives Cell)
Securities & Exchange Board of India

Mr. Rajendra P. Chitale
Managing Partner
M.P. Chitale & Company

Mr. Nikhil Khattau
Chief Executive Officer
SUN F&C Asset Management India Private Limited

Presentations

Risk Management Using Derivatives
Dr. Ajay Shah
Assistant Professor, Indira Gandhi Institute of Development Research

Risk Management Scenario in the Next Millennium
Mr. Ashwin Parekh
Executive Director, PricewaterhouseCoopers Private Limited

Panel Discussion and Questions

Summing up

Close of Conference