Bangalore: First KE B2B Networking Meet Gets Enthusiastic Response
Media Release
Bangalore, Jul 11: The first Business-to-Business (B2B) Networking Initiative organized by KE Bangalore at Hotel The Grand Magrath recently was a resounding success. Forty-three KE members and guests earnestly took part in the event. Its main purpose was to enable members build and develop their networking skills, to get to know fellow members and familiarize their businesses, exchange business ideas and expand business opportunities.
After the welcome address by Robinson D'Souza, president KE Bangalore, who chaired the event, Mark D'Souza, president-elect explained and introduced the well-structured and organised event, giving a brief background of KE and explaining the objectives and the guidelines for the networking event.
The primary motive of everyone was to give and help others rather than to receive. The event helped in becoming aware of each one's business and strengths and this would also further help to leverage opportunities when there are requirements in day to day work and business.
The occasion turned out to be a one-stop meeting place to exchange information and seek help professionally among members and through leads. All the members present were enthused by the event and the opportunities that emerged.
KE Bangalore's Informative Session on Indian Economic Scenario
Over 90 KE Bangalore members and guests were presented with a highly informative session recently on the Indian Economic Scenario. Indranil Pan, chief economist of Kotak Mahindra Bank Ltd gave a bird's eye view of the present economic scenario in the country. Indranil, whose views are highly respected in industry and the media, is a postgraduate from Jawaharlal Nehru University in Economics. The event was sponsored by M/s Kotak Mahindra Bank.
Indranil highlighted the problem areas of the economy including currency fluctuation and the reasons behind the same:
a. A country running a fiscal deficit neither finding ways to increase savings nor current account deficit.
b. Economic slowdown due to lack of reforms like implementation of GST etc.
c. Non-containment of subsidy burden.
d. Lack of political will and policy
He spoke of the necessity for fiscal discipline and various other measures to shore up the economy including:
a. Need for GST and DTC reforms
b. Clear roadmap on containing subsidy burden
c. Streamlining of expenditure on programmes which are politically correct but economically disastrous
d. Containing the inflationary pressure
The presentation kept the audience in rapt attention. There was a very interesting question and answer session where practical situations faced by members were answered and doubts clarified. Devon Bhandary then gave a presentation on the various products of Kotak Mahindra Bank.
Another highly appreciated part of the evening was each Member briefly introducing himself and his business/Profession.
Earlier in the programme, Mark D'Souza, president- elect, welcomed the gathering. The programme was ably compered by George Timothy. Clarence Pereira proposed the vote of thanks.