THE ECONOMIC TIMES CAPITAL MARKETS SUMMIT 2018
Dalal Street has made several headlines in global media in the last few years.
Investors (domestic, retail, HNI and international), Mutual funds, Private
Equities and Pension/Sovereign funds are keener than ever to participate in
Indian capital markets. The process of obtaining overseas equity has become
considerably easier. The steps taken by Central Government, confidence
in growth potential and business environment, stable political climate are
some of the favorable factors. The evolution of Indian capital markets has
made it a preferred investment destination even for overseas investors, who
do not have better option elsewhere. The setting up of Gujarat International
Finance Tech City and other economic reforms for ease of doing business,
pursued by the government have bolstered the expectations from capital
The recent upgrading of India’s credit rating by Moddy after a prolonged
gap of 13 years, the purchase of equity worth $8.22 billion by foreign
institutional investors in the year 2017 and the inflow of Rs. 1.26 lakh crore
in Mutual funds during November 2017 have further added buoyancy
to Indian capital markets. There are also lot of euphoria about Indian
capital markets among the corporate sector and entrepreneurs due to
higher valuations, easing of IPO processes, Offer for sale etc. Even Central
Government has been able to push through divestment by OFS (Offer for
Sale) and innovative structuring of exchange traded funds (ETFs).
The Economic Times Capital Markets Summit 2018 is a thought leadership
forum for the distinguished leaders, stakeholders of the Indian capital
market. This half day summit will host thought provoking discussions on
various topics of interest to this segment of the financial industry viz policy
initiatives and regulatory changes, how the Indian capital markets can
further induce investments from foreign Institutional Investors, domestic,
HNI and retail investors and the impact of Union Budget 2018 on Indian
capital markets. There will also be interesting information exchanges on the
evolutions in Indian capital markets in the context of globalisation and the
industry’s vision to address those challenges.
The Economic Times Capital Markets Summit 2018
17.00 - 18:00
18.00 - 18:05
Opening Remarks by ET Edge
18:05 - 18:15
18:15 - 18:25
Special Address: Ashish Chauhan, Managing Director and Chief Executive Officer, Bombay Stock Exchange
18:25 - 18:45
Address by Chief Guest: Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India
18:45 - 19:30
: In the CEO’s Diary - Union Budget 2018 & its impact on Indian Capital Markets
Aisha de Sequeira, Co-Country Head and Head of Investment Banking in India, Morgan Stanley
- Impact of LTCG on equity markets – indexation benefits, grandfathering, etc.
- Steps to deepen the bonds market including changes to investment norms for government bodies and encouraging corporates to raise 25% of their borrowings using bonds
- Measures to focus on the development of the IFSC
- Continued emphasis on disinvestment.
- Clear target for next year and listing of state owned PSUs.
- 3 state owned general insurance companies to be merged and listed.
- Regional Rural Banks will also be allowed to raise capital in public markets.
- Monetizing CPSE assets through INVITS and also for organisations like NHAI
- Rationalisation of stamp duty on financial securities transactions
Ashish Chauhan, Managing Director and Chief Executive Officer, Bombay Stock Exchange
Dilip Bhat, Joint Managing Director, Prabhudas Lilladher
Bharat Shah, Executive Director, ASK Group
Ashok Pareek, Executive Director, SREI Capital Markets
Chair: Sai Venkateshwaran, Partner and Head, Accounting Advisory Services, KPMG in India
19:30 - 19:45
Special Address on Disinvestment Policies by Government of India
Dr. Dheeraj Bhatnagar, Joint Secretary, Department of Investment and Public Asset Management, Ministry of Finance, Government of India
19:45 - 20:15
Interactive Session: Technology enablers and disruptors in Capital Markets
Tyaga Iyer, MD, Financial Services – Technology, Accenture India
20:15 - 21:00
: Aligning with Opportunities: Where to invest? What percentage to invest?
In which sectors to invest?
The esteemed panel members will put forth the newer pool of opportunities being created in the Indian market and how should the industry align itself with newer opportunities.
B Kamlesh Rao, Managing Director, Kotak Securities
- Upcoming Alternate Investments Fund options in India and how do you create awareness on investment opportunities?
- The necessity to look at development of Long Term hedging market in India through Alternative Investment Funds.
- When would the first REIT be reality? What are the challenges?
- Promotion of real estate investment trusts (REITs) and Infrastructure Investment Trusts (InvITs) of capital market to increase funds inflow into operating assets so that developers will expedite real estate/infra projects
- Will there be reallocation of capital to Real estate after the recent Capital Gains tax proposal on stock markets gain in the budget?
- With Real estate going through upheaval and so much shake up, what would be the implications on real estate specific listed companies in the stock markets?
- Will be see more real estate IPOs in the next financial year?
- How do you increase participation from retail sector into alternate instruments?
- How to encourage listing of start-up and SMEs with pro-development agenda like Make in India of the Government?
- Opportunities with Pension Funds in India
- Are regulations in India at par with international standards & steps taken to ease investments and protect investor interests?
Prashasta Seth, Chief Investment Officer, IIFL Asset Management
Rajeev Bairathi, Executive Director & Head , Knight Frank Capital Markets (India)
Nitin Jain, CEO, Global Wealth & Asset Management, Edelweiss
Sundeep Sikka, Executive Director & CEO, Reliance Nippon Life Asset Management
Varoon Chandra, Partner, AZB & Partners
Girish Dev, Head, Strategy and Risk Officer, MCX
Chair: Shashank Jain, Partner, Transaction Services & Leader – Real Estate Deals, PwC India
21:00 - 21:05
Close of conference
Cocktails & Dinner
WHO SHOULD ATTEND?
Chief Financial Officer& Heads of Finance
Company Secretary &Legal Officer
HNI, Retail and institutional investors
Foreign Institutional Investors