Investor relations in the front line

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MUMBAI – Investor relations is playing a vital role in ensuring the transparency needed to maintain capital inflows into India , delegates at the inaugural IR Magazine India conference in Mumbai were told today. Rajnikant Patel, CEO of the Bombay Stock Exchange, explained that, with Clause 49 coming into effect at the start of the year, now was the perfect time to emphasise the importance of transparent communications with investors to listed Indian companies.

Speaking at the Bombay Stock Exchange, Patel pointed out that while China was receiving more foreign direct investment than India , India was way ahead in terms of capital inflows. He argued that this was in large part due to the ‘long history of Indian capital markets' and the ‘performance of Indian corporates'. But he added that the growth of IR in India was a key element in continuing this trend.

The conference, which was held in association with the Bombay Stock Exchange, was sponsored by Deutsche Bank, Business Wire India , Thomson Financial, the Financial Times, Karvy, Pressman Public Relations, TATA AIG Insurance, the Bank of New York and Cheers Interactive.

ABOUT US – IR magazine is the leading international publication for the investor relations industry, with a worldwide readership of 30,000. Part of Cross Border Limited, with offices in London and New York , we have been running events for over 15 years and our awards and conferences are widely accepted as having helped to establish benchmarks for best practice in investor relations and financial communications across the globe.

Kalyan S. Bose
Head – Corporate Affairs