News Broadcasting
CNBC-TV18 & ING Vysya Mutual Fund host CFO Brainstorm
Mumbai, August 24, 2005: CNBC-TV18, the country’s premier business channel and ING Vysya Mutual Fund, the world’s fourth largest integrated Financial Services provider jointly presented the CFO Brainstorm on ‘Treasury Management in India: Scope for Aggression’ today in Mumbai.
The discussion brought together financial experts, top influencers and luminaries, as well as renowned experts from the banking and related fields like Deepak Sogani, CFO, Patni Computers, Ajay Mahajan, CFO, YES Bank, Seshagiri Rao, Director Finance- Jindal Iron & Steel Co, B Jaju, CFO of Crompton Greaves, Kaushik Chatterjee, VP – Finance, Tata Steel , R. Venkatachalam, Director of Finance & CFO, Leela Hotels, Mike Ferrer, Regional General Manager, ING Asia Pacific who discussed whether monetary reserves of banks and other financial institutions are being put to effective use.
Indian banks and companies have between them, a considerable amount of monetary reserves accumulated owing to the rising levels of personal wealth and increased profitability of corporate entities. A surplus of investment opportunities still exists in the market for investors. This is despite the fact that new mutual fund offerings like floaters, dividend yield funds or even real estate funds are flooding the market.
The CFO Brainstorm on ‘Treasury Management in India: Scope for Aggression’ attempted to understand whether CFOs and treasury heads have been truly successful in making the most of the funds accumulated by the financial institutions. This highly interactive discussion delved into whether corporate India and the nation’s 300+ banks are doing justice to their shareholders and the Indian economy by exploring newer investment alternatives, the opportunities that this environment presents and the challenges faced by treasury managers and CFOs at these times.
Speaking at the forum, Kaushik Chatterjee, VP – Finance, Tata Steel said “In the challenging global scenario, the timing for raising funds for a company is as important a challenge for a CFO as managing the surplus funds and protecting the capital.” Seshgiri Rao, Director Finance- Jindal Iron & Steel Co added that the role of a CFO has changed from just minimizing risk to maximizing opportunities.
Summing up the entire scenario, Ajay Mahajan, CFO – YES BANK said, “The accent has been increasingly on risk management and awareness on the same has improved over the years among several company boards. In an increasingly growing economy, with global influences Indian companies need to improve their understanding about risk management in addition to being aware of the international financial markets that they would be exposed to.”
About CNBC-TV18:
CNBC-TVI8 is India’s No.1 business medium. CNBC Asia Pacific holds a strategic equity stake in the Indian registered broadcaster; Television 18. CNBC-TV18 is the undisputed leader in the business. The channel’s benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. CNBC-TV18 is currently available in over 26 million households in India.
For further information contact:
Glen D’Souza/Janice Goveas/ Lorraine Correa Hanmer & Partners
98214 14845/ 98193 16878/ 98198 900935
News Broadcasting
CNN-News18 to host Kolkata Town Hall on Hooghly River
‘Bhalobasa Bengal Inspiring Bharat’ event on April 20 brings cultural icons, trailblazing women and leaders aboard a cruise to celebrate Bengal’s enduring influence.
MUMBAI: Bengal is about to make fresh waves on the Hooghly and this time the current is pure conversation. CNN-News18 is taking its iconic Town Hall format to the waters of the iconic Hooghly River on 20 April 2026 with a special edition titled ‘Bhalobasa Bengal – Inspiring Bharat’. The floating event will celebrate the state’s rich cultural legacy and how its ideas, creativity and spirit continue to shape the rest of the country.
The unique riverside setting draws on Bengal’s history as a cradle of reform, art and intellectual thought. The speaker line-up mirrors that diversity: cultural heavyweights Mithun Chakraborty and Sreenanda Shankar will share the stage with trailblazing “Devis” such as Tanya Sanyal (India’s first woman firefighter in aviation), Ipsita Chakraborty (Kolkata’s first woman bartender) and Reshma Nilofer Visalakshi (Nari Shakti awardee and marine pilot). Music will flow through the celebrated pianist-vocalist duo Sourendro and Soumyojit, while public life and governance will be represented by Smriti Irani, Leander Paes, Saira Shah Halim, Keya Ghosh, Rekha Patra, Roopa Ganguly and Babul Supriyo.
CNN-News18, editorial affairs director, Rahul Shivshankar, said the event honours voices that carry Bengal’s legacy forward. Smriti Mehra, CEO – English & Business News, Network18, added that Bengal’s stories resonate far beyond its borders, especially as the state heads into polls.
From the first woman to battle flames in the skies to legendary actors who shaped Indian cinema, the gathering promises a rich mix of inspiration, courage and candid dialogue. In a city where culture has always flowed as freely as the river itself, CNN-News18 is turning the Hooghly into a floating forum for ideas that matter.
Tune in on 20 April on CNN-News18, CTV and YouTube to catch Bengal’s heartbeat in full flow.
