CII Communique - December, 2010

egions
The Conference on IFRS deliberated on how to increase
awareness and understanding of the state of IFRS
transition in India and the related challenges. The
conference also elaborated on the IFRS roadmap
and the related clarifications issued by the Ministry of
Corporate Affairs, practical challenges on first time use
of IFRS in India, potential challenges and solutions in
the convergence process and knowledge sharing on
practical application of IFRS.
4th TQM Forum Meeting
26 November, Hyderabad
At the 4th TQM Forum meeting, Mr. Kurien Mathew, Addl.
General Manager, Hindustan Aeronautics Limited, gave
an informative presentation on ‘Lean Manufacturing.’ Ms.
Padmaja, CEO – MSW, Ramky, gave a presentation on
‘Emerging Technologies in Waste Minimisation.’
Karnataka
Working Not For Profit
9 November, Bangalore
CII - Wolverhampton MoU
15 November, Bangalore
Simon Warren, Chief Executive, Wolverhampton City Council;
Aroon Raman, Chairman, CII Karnataka; and Prof Richard Hall,
Associate Dean and Prof of Engineering Design & Simulation,
University of Wolverhampton, UK
A MoU was signed by CII, the Wolverhampton City
Council and the University of Wolverhampton to assist
each other in the promotion and development of
business opportunities, as well as overseas investment,
between India and UK.
Lithuanian Business Delegation to Bangalore
19 November, Bangalore
Programme on Social Entrepreneurship
The programme on Working with Not For Profit provided
a platform for people keen to explore the area of social
entrepreneurship but unsure of how to get started, and
discussed the choice between not for profit as a career
and volunteerism.
Session on Debt Financing: Issues & Options
11 November, Bangalore
The meeting on Debt Financing: Issues and Options
was addressed by Mr Dogra, Managing Director, CARE
who gave an overview of debt financing and rating of
corporate debt. Issues and available options for those
who are keen to explore the area of borrowing from a
source outside the company were also explored.
CII Best HR Project Award
12 November, Bangalore
The HR competition provided a unique opportunity to
budding HR aspirants to demonstrate and sharpen
their knowledge and acumen in HR. This also gave
them wide exposure to the industry and possibly their
future employers.
Aroon Raman, Chairman, CII Karnataka; and M R Arvind, Director,
Rajashri Foods with the Lithuanian Business Delegation
The meeting with the visiting Lithuanian business
delegation provided first-hand information on the current
market conditions, business and investment climate in
Lithuania and connected companies to develop business
opportunities with Lithuania.
Tamil Nadu
Interaction with Management Guru
23 November, Chennai
Author and management expert Mr Gurcharan Das
addressed a meeting on his book ‘The difficulty of Being
Good: On the Subtle Art of Dharma’. Interacting with
participants on the theme of his book, Mr Das dwelled
upon the goal of dharma moral well being. The author
gave various examples from the epic Mahabharata which
contradicts the motive of dharma.
76 | December 2010 Communiqué