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The IACC Karnataka Branch organized a stress guided the members on how to make informed choices to
management and wellness workshop called 'A enjoy being healthy.
Celebration of Life!' on 6 October 2010 at Hotel Fortune
Select J.P. Cosmos, Bangalore.
Karnataka Branch Senior Vice Chairman & Director
Finance at Levi Strauss India Gurudutt welcomed the
speaker Ms. Sunitha Srinivasan, a Lifestyle Consultant,
and briefed the participants about the session.
Ms. Srinivasan, explained to the members the simple
ways of making a healthy lifestyle a part of the corporate
citizen's fast-paced life. She spoke about how making
correctional changes in one's diet and exercise regime
can stem the problem and help one cope with today's
lifestyle diseases.
The session focused upon celebrating and enjoying one's
life. It was extremely interactive too. Ms. Srinivasan also
Wellness Workshop on
‘Celebration of Life’
‘A Celebration of Life!’ IACC Wellness Workshop by
Ms. Sunitha Srinivasan, a Lifestyle Consultant.
Seminar on Foreign Currency
Risk Management
The IACC Karnataka Branch in association with Citi Bank currency movements from making a severe dent in
organized a seminar on Management of Foreign Currency, their revenues.
with a presentation by Gautam Das, VP-Treasury, Citibank,
The session was very well attended by the CEO's,
India, at the Taj West End Bangalore on 8 October 2010.
CFO's and other Karnataka Branch members. The
Das explained in detail that Foreign Currency risk is the risk to question-answer session helped clear many
which businesses are exposed to because changes in queries.
exchange rates and the adverse impact that it may have on
their operations.
An exporting company is likely to find its sales falling or its gross
margin shrinking, or both when an appreciation occurs in its
domestic currency. Therefore, fluctuation in exchange rate can
impact a business, especially SMEs to a significant extent.
Moreover, the impact varies from sector to sector and the
ability of different sectors to withstand is also different. Hence
the overall macro-economic scenario has to be kept in mind
while planning for one's business future.
The seminar also showcased banking solutions for Indian
SME's, where Citibank spoke about the solutions that can help
SME's manage their exchange rate exposures perfectly so that
they can maintain their competitiveness and prevent volatile
IACC Seminar on ‘Management of Foreign Currency
Risk vis-à-vis Current Macro Economy’ Gautam Das
VP - Treasury, Citibank, India.
INDO-US BUSINESS SPECIAL ISSUE
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