Indian Newslink July 15 Digital Edition

JULY 15, 2016
Tourism Investors’ Summit in Delhi
Staff Reporter
info@indiannewslink.co.nz
International investors, travel and tourism
operators and others interested in
becoming partners in India’s flourishing
tourism industry will do well to attend
an important conference-cum-fair in
New Delhi in a couple of months.
‘Incredible India Tourism Investors’
Summit’ is the name of the event scheduled
to be held at Vigyan Bhavan from
September 21 to 23, 2016.
The venue
India’s Tourism Ministry is organising
the three-day event in collaboration with
Tourism Finance Corporation of India
(TFCI) and the Confederation of Indian
Industry (CII).
Opportunities galore
A notification said that the Tourism
Sector in India presents a plethora of investment
opportunities in areas of infrastructure
development, both from India
and overseas.
“The main objective of the ‘Incredible
India Investors’ Summit is to position
the Indian Tourism sector for attracting
large investments and presenting to the
Investors tangible investment-ready projects
in the different States and Union
Territories of India. The Summit will have
dedicated space for seminars, business
to business meetings and roundtables
around focus themes. There will be participation
from major stakeholders including
State Governments, Union Territory
Administrations, PSUs and the Private
Sector,” the notification said.
Great platform
The Summit will provide an ideal platform
for investors interested in tourism
products, wherein Indian States and Union
Territories shall present their respective investment-ready
products encompassing
hospitality, wellness, roadways, infrastructure,
airports, luxury and lifestyle, cruises
and civic amenities amongst others.
Further information can be obtained
from Suman Billa, Joint Secretary,
Ministry of Tourism Email: suman.billa@nic.in;
or from Amita Sarkar, Deputy
Director General, CII. Email: amita.
sarkar@cii.in
Staff Reporter
info@indiannewslink.co.nz
A
premier institution representing
corporate chiefs has welcomed
a government’s decision
to extend the ‘Future Directors
Programme’ to state sector boards.
The Institute of Directors Chief
Executive Simon Arcus said that the
move will strengthen New Zealand’s
Director Pool.
Minister for Women Louise Upston
announced on June 29, 2016 that public
sector boards and committees would
benefit from the Programme, as well
as develop a larger and more diverse
pipeline.
Supporting new talent
“The government’s decision is good
news for delivering board diversity, new
talent and fresh perspectives. This is a
significant and innovative step for the
public sector and continues the achievements
in diversity to date by giving people
with potential a great opportunity,”
Mr Arcus said.
Founded in 2012 by Sir Stephen
Tindall, Michael Stiassny and Des Hunt,
the ‘Future Directors Programme’ develops
the next generation of directors.
Seventeen private sector companies
have so far placed 20 Future Directors
on their boards, with another four in
progress.
Changing landscape
Mr Arcus said that the need for diversity
of age in the boardroom reflects
the rapid changes in the business
landscape.
BUSINESSLINK
Directors’ body pleased with
diversity programme
17
“The dividend that diversity pays is
bringing different perspectives and
more robust decision-making, effective
risk management and better company
performance. Our Institute has long
held the view that diversity of thought
and perspective in the boardroom improves
business performance and innovation,”
he said.
‘Future Directors Programme’ aims
to give young talented people an opportunity
to observe and participate on a
company board for a year while giving
the company exposure to this talent and
the benefits a young mind can bring.
The Institute of Directors has called
on boards to lift their game as board diversity
was critical to maintaining a
competitive and vibrant economy.
It released a guide to support the promotion
of diversity at board tables, and
help board chairs and key decision makers
take steps to address New Zealand’s
poor boardroom diversity statistics.
Women Directors
The government’s goal is to have
45% women directors on public sector
boards. Women currently make up
43.4% of public sector boards.
This compares to the private sector
where an Institute of Directors research
showed that 77% of the top 122 NZX
companies have less than 30% of women
directors on their boards, with 39%
having no women at all.
“The Institute believes encouraging
business to buy in to diversity is the best
approach,” Mr Arcus said.
DEFINITION OF SUCCESS!
CATEGORIES
1. Business Excellence in Retail Trade
2. Business Excellence in Innovation
3. Business Excellence in Marketing
4. Business Excellence in Customer Service
5. Best EmployerofChoice (New)
6. Best Small Business
7. Best Medium SizedBusiness
8. Best LargeBusiness
9. Business Excellence in International Business with India*
10. Best Accountant of the Year
11. Best Young Entrepreneur of the Year
12. Best Businesswoman of the Year
13. Best Financial Advisor (Mortgage) of the Year
14. Best Financial Advisor (Insurance) of the Year
Supreme Business of the Year Award
(All entries will be enteredfor this category)
*This categoryisopen to all businesses registered in NewZealand,importing or exporting aproductor
servicefromand to India or engaged in enrolling international students from India.
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