Seminar on Current Scenario of Forex Risk Management and use of Derivatives at Bangalore
 |
|
Mr. Harikrishnan, DGM, Foreign Exchange Dept. RBI delivering the Inaugural address. Others on the dais, are from left Mr. K Unnikrishnan, Jt. Director, FIEO; Mr. Tapan Chattopadhyay, Dy. Dir. General, FIEO(SR); Mr. Suvir Davda, Manager Corporate Treasury Sales, HSBC, Mumbai and Mr. Vaibhav Gupta, Head HSBC, Karnataka & Kerala. |
FIEO Karnataka Chapter organised a Seminar on "Current Scenario of Forex Risk Management and use of Derivatives" at Bangalore on 18th July. The meeting was attended by more than 100 exporters.
 |
FIEO North East Chapter becomes functional now
The Office of FIEO North East Chapter has become functional. For any query kindly contact: Mr. Anil Kumar Paudel FIEO North East Chapter C/o Meghalaya Industrial Development Corporation Ltd. Kismat (Ground Floor), Upland Road Shillong-793003 (Meghalaya) Telefax: 0364-2504810 Mobile: 09863046775 Email: fieoner@yahoo.co.in |
|
An exporter raising a point |
Mr. S. Harikrishnan, Deputy General Manager, Reserve Bank of India explained various options available for exporters to hedge their currency related risks. Mr. Suvir Davda, Manager-Corporate Treasury sales, Hongkong & Shanghai Banking Corporation Ltd., made a presentation on the risk perception in Indian exports and measures available to secure such risks which are inherent in international trade. At the same time, he cautioned the exporters to exercise great care in selecting the options available which themselves contained certain risks.
Earlier, Deputy Director General of FIEO Mr. T.K. Chatto-padhyay gave an overview of the scenario prevailing in the export market and pointed out how exporters were being affected because of unabated rupee appreciation, high transaction costs and the money blocked in the form of unrefunded VAT and other local taxes, duties and cess.
|
IMC offers arbitration services Indian Merchants’ Chamber (IMC) offers the services of institutional arbitration and conciliation. The Chamber’s Rules of Arbitration and the Rules of Conciliation are primarily based on Arbitration and Conciliation Act, 1996. The Chamber’s Rules of Arbitration also provide for Fast Track Arbitration for expeditious disposal of cases within fixed timeframe. The Chamber claims that during the last 5 years, it has secured more than 30 awards for its clients involving claims ranging from Rs. 5 lakh to Rs. 10 crore per case. According to the Chamber, its clients include reputed concerns like Tata Infotech, Birla Global Finance, Centurion Bank, Casio India, Harish Textiles and Ramniranjan Kedia Tourism Services. Visit Chamber’s website www.imcnet.org for details. |
|
6th Training Programme on Enhancement of Presentation and Communication Skills
FIEO
(Northern Region) in association with the Fortune Institute of
International Business, New Delhi is
For more details and participation, please contact, FIEO (Northern Region) at 011-46042118, 46042121, 46042172. |
