# Stern Faculty and Indian Business Leaders Headline Indian Forum in Mumbai

1 Stern Stories January 11, 2013 ![](/sites/default/files/styles/246w/public/assets/images/con_039412.jpg?itok=tL2-R1Un) NYU Stern will host its inaugural India Business Forum in Mumbai on January 11, 2013. >

On January 11, 2013, NYU Stern hosted its inaugural India Business Forum in Mumbai, India. Stern's world-class faculty, and India's top corporate leaders and policymakers took part in this full-day event, “India in the 21st Century: From Potential to Progress.”

The conference included sessions on the future of India's urban growth, valuation in the Indian context, implementing effective corporate governance, and successfully building India's infrastructure, accompanied by discussions of business and policy issues critical to the nation's future economic growth.

![Convene Possible body image](/sites/default/files/assets/images/con_039415.jpg)

(from left to right) Geeta Menon, Dean of the Undergraduate College, NYU Stern; Shishir Bajaj, MBA '74; John Sexton, NYU President; Rohit Deo, Associate Dean of Academic Affairs, Undergraduate College, NYU Stern

## Watch the Video of the India Business Forum

![camera](http://web-images.stern.nyu.edu/old_web/emplibrary/video_icon.gif "camera")**[Welcome Address](/media/video/CON_039237)**
[Geeta Menon](http://www.stern.nyu.edu/faculty/bio/geeta-menon), Dean, Undergraduate College, NYU Stern

![camera](http://web-images.stern.nyu.edu/old_web/emplibrary/video_icon.gif "camera")**[Opening Remarks](/media/video/CON_039238)**
[John Sexton](http://www.nyu.edu/about/leadership-university-administration/office-of-the-president/bios/john-sexton.html), President, NYU

![camera](http://web-images.stern.nyu.edu/old_web/emplibrary/video_icon.gif "camera")**[Charter Cities and the Future of India’s Growth](/media/video/CON_039239)**
[Paul Romer](http://www.stern.nyu.edu/faculty/bio/paul-romer), Professor of Economics and Director of the Urbanization Project, NYU Stern

![camera](http://web-images.stern.nyu.edu/old_web/emplibrary/video_icon.gif "camera")[**The Dark Side of Valuation**](/media/video/CON_039240)
[Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), Kerschner Family Chair in Finance Education, NYU Stern

![camera](http://web-images.stern.nyu.edu/old_web/emplibrary/video_icon.gif "camera")**[Valuation in the Indian Context](/media/video/CON_039844)**
This in-depth panel and audience discussion led by [Aswath Damodaran,](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) Kerschner Family Chair in Finance Education, focused on corporate valuation in India, what’s different about valuing Indian companies, and some of the challenges unique to the country’s business and market environment.

*Participants:*
- [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), Kerschner Family Chair in Finance Education, NYU Stern (moderator)
- Harsh Agrawal, Former Executive Director, Morgan Stanley Infrastructure
- Lav Chaturvedi, Chief Risk Officer of Reliance Capital
- [Mihir (Mickey) Doshi](http://sternalumni.nyu.edu/s/1068/GroupBus/3col.aspx?sid=1068&gid=2&pgid=4415) (BS '81), Managing Director and Country Head, Credit Suisse Securities (India) Pvt. Ltd.
- [Vijay Karnani](http://sternalumni.nyu.edu/s/1068/GroupBus/3col.aspx?sid=1068&gid=2&pgid=4573), Co-CEO India, Goldman Sachs

![camera](http://web-images.stern.nyu.edu/old_web/emplibrary/video_icon.gif "camera")**[Corporate Governance](/media/video/CON_039241)**
Led by [Marti Subrahmanyam](http://www.stern.nyu.edu/faculty/bio/marti-subrahmanyam), Charles E. Merrill Professor of Finance, Economics and International Business, and featuring thought leaders from industry, government and the media, this session addressed the critical importance of good corporate governance in ensuring continued business evolution and economic growth of and investor confidence in Indian companies.

*Participants:*
- [Marti G. Subrahmanyam](http://www.stern.nyu.edu/faculty/bio/marti-subrahmanyam), Charles E. Merrill Professor of Finance, Economics and International Business, NYU Stern (moderator)
- [Rama Bijapurkar](http://sternalumni.nyu.edu/s/1068/GroupBus/3col.aspx?sid=1068&gid=2&pgid=4421), Market Strategy Consultant and Independent Director
- [N. R. Narayana Murthy](http://sternalumni.nyu.edu/s/1068/GroupBus/3col.aspx?sid=1068&gid=2&pgid=4422), Founder and Chairman Emeritus, Infosys Limited
- [Venkatraman Thyagarajan (Thyagi)](http://sternalumni.nyu.edu/s/1068/GroupBus/3col.aspx?sid=1068&gid=2&pgid=4423), Former SVP & Regional Director, GlaxoSmithKline Asia, and Board Member, TCS, Varian Medical Systems Inc., and Murugappa Group

![camera](http://web-images.stern.nyu.edu/old_web/emplibrary/video_icon.gif "camera")**[Building India's Infrastructure - A Fireside Chat](/media/video/CON_039242)**
An interactive conversation between UIDAI Chairman [Shri Nandan Nilekani](http://sternalumni.nyu.edu/s/1068/GroupBus/3col.aspx?sid=1068&gid=2&pgid=4424) and [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan), Associate Professor and NEC Faculty Fellow, with active audience participation, this session addressed the success of India’s massive digital infrastructure investments, their future potential as a catalyst for entrepreneurial growth and economic development, and how their innovative public-private partnership and platform models might facilitate more rapidly building India's physical infrastructure.

*Participants:*
- [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan), Associate Professor, Information, Operations and Management Sciences, and NEC Faculty Fellow, NYU Stern
- [Shri Nandan Nilekani](http://sternalumni.nyu.edu/s/1068/GroupBus/3col.aspx?sid=1068&gid=2&pgid=4424), Chairman, Unique Identification Authority of India

![camera](http://web-images.stern.nyu.edu/old_web/emplibrary/video_icon.gif "camera")**[Closing Remarks](/media/video/CON_039352)**
[Geeta Menon](http://www.stern%0A.nyu.edu/faculty/bio/geeta-menon), Dean, Undergraduate College, NYU Stern

## Media Coverage

- [LiveMint: "Good corporate governance cannot be legislated"](http://www.livemint.com/Companies/ZpbMm3MzSm5TXxb4gPoQSN/Good-corporate-governance-cannot-be-legislated-Aswath-Damod.html) (Aswath Damodaran)
- [Economic Times: "Taxing super rich no solution: Stern School Prof"](http://economictimes.indiatimes.com/news/economy/finance/taxing-the-super-rich-is-not-a-solution-aswath-damodaran-stern-school-of-business/articleshow/18011729.cms) (Aswath Damodaran)
- [DNA: "Luck's everything in investing," DNA](http://www.dnaindia.com/money/interview_lucks-everything-in-investing_1788626) (Aswath Damodaran)